Buy Fiat Gap Insurance

Gap Insurance for your Fiat

The chances are that you will have recently purchased a Fiat at your local dealership and will have been offered a form of Gap Insurance. However, it is more than likely that you will have been offered Return to Invoice Gap Insurance at a price of somewhere in the region of £395. You have then decided to carry out a little more research online and found us here at Easy Gap. With 3 Years cover available from as little as £59, why pay more than you have to?

Easy Gap can offer you and your Fiat a number of different forms of Gap Insurance capable of protecting what you need to protect and at prices you will like. If your premium is over £100 then you can give one of our friendly customer service team a call and opt to pay in monthly instalments.

 

What is vehicle replacement insurance and what can it do to help protect you and your Fiat?

Vehicle Replacement Insurance or VRI as it is known is deisgned to pay the difference between the valuation of your Fiat on the day it is declared a total loss and the cost to replace the vehicle with the same standard of model. This means that you will receive the cost to replace your Fiat with the same age, mileage and specification as your model was on the day you drove it home. If that model is no longer available then settlement is based on the superseding model.


This form of Gap Insurance is said to be the highest level of cover for you to choose from, however, it is the level of cover that receives the least exposure within the dealership.
Return to invoice Gap insurance for your Fiat

Many dealerships and finance companies usually offer Gap Insurance on an average price of £395.00, which is considerably higher than independent Gap Insurance providers like us. It is highly likely that Return to Invoice Gap Insurance will have been offered to you within your dealership.

Gap Insurance could be the difference between you being reimbursed the full amount that you paid for your vehicle and losing out on thousands of pounds.

If you purchase a Return to Invoice policy, the difference between the value of your Fiat on the day it was written off and the original invoice price that you paid for the model will be protected. This policy will ensure that you will receive the full purchase price that you paid for the vehicle between both your motor insurer and the gap insurance.

Finance and Contract hire Gap insurance for Fiat

Did you know that if you had your Fiat model declared a total loss, your motor insurance company would only ever pay you the market value of your vehicle. Because of this depriciation the amount that your motor insurance company will offer you tends to be a lot less than the original invoice price you paid or in fact the amount that you still have outstanding on finance or contract hire. This is because they are only liable to pay you the market value of your vehicle on the day it was declared a total loss. Similarly, if you have a Contract hire vehicle and are involved in an accident or are the victim of theft your contract hire agreement is not simply null and void. No matter if your contract hire company call this outstanding rentals or settlement it is essentially the same thing. It is simply a financial amount that you are labile for in order to be able to walk away from your old agreement.


Finance and Contract Hire Gap Insurance will protect the difference between your motor insurance settlement and the amount of finance you have outstanding on the vehicle.

Fiat is an Italian auto motive manufacturer, founded in 1899 by Giovanni Agnelli. It has been the largest Italian manufacturer since 1910. Fiat is an Italian acronym which translates to ‘Italian Auto Mobile Factory of Turin’. Fiat built its first car in 1899, the 3 ½ CV model, their first truck in 1903 and their first aircraft in 1908. In 1908, the company's early success allowed them to expand into the American market and by 1910 was the largest auto motive company in Italy. In 1916, Fiat began construction of the famous Lingotto factory which at the time was the largest auto mobile factory in Europe. The factory consisted of a unique five floor assembly line with a test track on the buildings roof. The factory was opened in 1922 and became a symbol for the Italian auto motive industry throughout the world.

In 2009, Fiat partnered with the American auto mobile giant Chrysler to form a ‘global alliance’. The Italian company would start with a 20% stake in Chrysler which would later increase to 61% in 2012. This partnership remarkably extended Fiat’s success throughout the American market allowing them access to Chrysler’s technology and distribution networks.

Fiat have announced that they will be releasing a brand new 500X model in the UK this summer. The new Fiat 500X model is rumoured to be on sale for a price in the region of £14,000 and will rival new versions of the Volkswagen Up! model. Earlier this year Easy Gap brought you the news of the new Panda Cross edition that made an appearance at the Geneva Motor Show. The Fiat Panda is one of the Italian manufacturers' most prominent models in the current line up and has been used in the new range of crossover models.

The new Panda Cross received a considerable amount of press and interest following the appearance and we at Easy Gap are very much sure that this will not be the last we see of the model.

Along with changes to both the Panda and the 500 range of models, Fiat have decided to give the Punto model an update in the form of a new special edition version. The firm announced that the Punto Jet Black edition will be on sale this summer alongside the likes of the 500X.
Making a gap insurance claim is never nice. No matter how hard we try as something horrible will have happened to your Fiat. it has either been stolen or worse it has been involved in an accident. What ever the circumstances your own insurance company have taken the decision to write it off. Even before your own insurance company have written to you to confirm the write off, we are here to support you through. Once the official confirmation comes and as they have agreed to settle the claim on your Fiat, we are now ready to put your gap insurance claim into action.

The claims team will send out a claims pack. within the pack it will ask for various documents such as a copy of your invoice for your Fiat, a copy of your V5, motor insurance and in some cases finance settlement. Within the claims pack you also sign over authority for the two insurance companies to talk to eachother.
Fiat Gap Insurance at Easy Gap!