- the difference between your vehicles’ insured amount and its outstanding finance amount
- your paid deposit if you choose to include Deposit Upgrade.
- the deposit claim that will be paid out is either the deposit paid or 10% of the insured value of the vehicle, whichever is the smaller amount
Auto Top Up
Many of us work hard to save up for a deposit so that we can buy the more expensive things that we want or need, like a car. We understand that you’ve done this and that you want to protect them from loss, damage, or theft. This you do by getting the right insurance product to cover them, like car insurance.
Now you know that if something unfortunate happens to your car, your insurance will cover the replacement or repairs. But what about the balance of your car’s financing that is not covered by your insurance, if it is stolen and not recovered, or written off?
What happens to this money? What happens to the deposit amount that you paid for your vehicle?
That’s where auto & general’s Auto Top Up product steps in and helps you recover this portion of your loss.
Talk to a consultant about this product, please call us on 0860 10 47 89.
If you would like to take a closer look at exactly what Auto Top Up covers, download our brochure.