Since 1990 ALA has been dedicated to providing top quality financial products within the motor industry to both the personal and corporate client.
As an FCA authorised company they are able to offer specialist insurance policies developed with thires extensive knowledge of the market in which they operate.
▪.Fully FCA authorised and regulated with UK underwriters they have the ability to offer an extensive range of products to suit you (and amend).
▪.Securely process your purchases via ala.co.uk website or speak to one of theirs experienced advisors.
▪.Extensive market knowledge and experience in offering GAP Insurance.
▪.Advice and support on all products from salaried advisor.
▪.they use good security-rated insurers that provide long-term support and excellent claims handling.
▪.Products are competitively priced.
▪.All products comply with industry regulations.
GAP stands for Guaranteed Asset Protection. There are several specific types of GAP insurance but the overall purpose of this type of cover is to protect you financially in the event of a total loss claim.
Whilst a large number of policies are purchased for brand new cars, GAP Insurance can be taken out on used models if desired. Vehicles are an expensive and often long-term investment, and driving – by its very nature – can be inherently dangerous, so unfortunately there is no way of guaranteeing the condition and health of your car.
Depreciation within the car market is very high. Up to 77% of the value of a brand-new vehicle can vanish over a 3-year period, while some used cars can depreciate by as much as 20% within the first six months. Add this to the fact that vehicle theft has accounted for around one in seven crimes, there has been a 7% increase in vehicle theft in 2018, and a 30% increase since 2015, not to mention the high rate at which vehicles are written off, GAP Insurance attempts to provide some much needed indemnity should anything untoward occur to your vehicle.
How much does GAP Insurance cost?
Dependent on the value of the vehicle and the term length of your finance agreement, policies range from around £100-£300 for multi-year coverage. ALA offer an online quoting tool that will clearly illustrate how much you’re being covered for and what the cost of that GAP Insurance policy would be.
Considering the price paid to get the car on the road and how long you anticipate owning the vehicle for, the quotation tool accurately displays how much of the vehicle’s worth would be covered year-on-year by your comprehensive car cover. It also tells you what the potential shortfall would be if you didn’t have GAP Insurance in place.
If you have a valid xxx discount code or promotion, you can try it. This may save you money.But the premise is to make sure your discount is valid and available for the item you buy.We have found a lot of coupon codes for you to choose from, I hope it will save you money.
