Leasing a brand new van is an amazing experience, you can enjoy the latest performance and technology for a cheap monthly outgoing, but with new vehicles comes responsibility and risk. The thought of scratching, crashing, or damaging your new vehicle can be incredibly daunting and can actually put some drivers off the idea of leasing itself - which really isn’t something to worry about. One way of mitigating this risk is by insuring and adding gap insurance to your policy.
We can offer you peace of mind from delivery to return.
At All Van Leasing, we are able to offer a fully insured vehicle as a lease deal on thousands of brand new vans.
‘GAP’ stands for guaranteed asset protection. This is a scheme that covers vehicles in the event that they are written off. The ‘GAP’ is essentially the difference between the finance amount owed for the vehicle and the total value of the vehicle itself. GAP cover will see the policyholder paying a monthly premium to cover the potential risk of writing off their vehicle. GAP insurance isn’t essential but is perfect for drivers out there who feel uncomfortable on the road. Collisions and accidents can happen out of the blue - where gap insurance would cover you.
Tyre and Alloy wheel insurance covers you for any damage caused to your tires or alloys, whether you’ve caused them or not. Taking out this kind of insurance will protect you from any unexpected costs and ensure that your tires and alloys are always as good as new.
Having scuffed bodywork really makes your vehicle stand out. Be sure to take out bodywork insurance to cover the cost of any unexpected scratches or damage to the bodywork of your vehicle. Taking out this policy will cover bodywork dents, scratches, and scuffs throughout the lifetime of your contract.
You must fit the below criteria in order to be eligible for protection.
What If The Accident Is My Fault?
In the event of an incident where you are at fault, you will be required to pay the CIC (customer incident charge). This will also apply if the funder is unable to recover costs from a third party involved in the incident. How much you will have to pay depends on the number of “at fault” incidents that have taken place while you have leased the vehicle. For more information about the specific charge please give us a call, as it is variable depending on the number of previous incidents etc.