Car Depreciation Insurance

See how car depreciation insurance works...

Car depreciation insurance provides essential protection against car depreciation ...think of it as valuable top-up to your motor insurance. If your car is stolen or written off, your motor insurance will cover the value of your car on the incident date - not what the car was worth at the start of your policy. However, car depreciation insurance pays the difference on top of your motor insurer's settlement so you're not left out of pocket.

• New and used cars
• Cars purchased privately or through a trade entity
• Used for private or business purposes
• Cars up to 7 years old
• Cars that have covered less than 80,000 miles
• Cars with a value of up to £30,000

Car depreciation insurance pays the difference between your motor insurer’s total loss settlement and the value of your car when you purchased the policy.

• Refunds depreciation
• Protects your investment
• Get back the original value at policy inception