RAC Vehicle Asset Protection
If your car is written off or stolen, you will only get back the current market value of your car on a standard car insurance policy. So there’s likely to be a “gap” between how much you get for your old car and how much it would cost to pay off any finance outstanding on it or to replace it.
Our Vehicle Asset Protection is designed to fill this "gap". If you are a cash customer the insurance will cover the difference between the actual amount you receive under your comprehensive motor insurance and the original purchase price.
If you are a finance customer, the product provides the alternative benefit of covering the balance outstanding on your finance agreement if this payment is higher.
Financial Services Authority
Car Shops Limited is authorised and regulated by the Financial Services Authority. Our registration number is 447727. You can check this on the FSA's Register by visiting the website www.fsa.gov.uk/register/home.do or by contacting the FSA on 0845 606 1234.
Our regulated status ensures that our Business Managers are highly trained to discuss and advise insurance products to suit your individual demands and needs.