Insurance Options
As an Appointed Representative of Premia Solutions Ltd who is authorized and regulated by the Financial Services Authority (FSA) we are able to offer the following insurance products for your company or for individual employees.
Gap Insurance
In the event of a write-off accident, the insurance company and the finance company will negotiate the value of the vehicle. If there is a shortfall between the value determined by the finance company and that of your insurance company, a difference of up to £5,000 will be paid out by the GAP insurance policy. Ordinarily this difference would be your responsibility, but for the equivalent of less than £1.25 per week on a 3 year contract this would be removed. Vehicles valued at over £50,000 attract a slightly higher premium but the maximum pay-out is increased to £10,000.
Motor Insurance
For those opting out of the Company Car, or any individual requiring insurance we are able to provide a quick and competitive quotation for personal motor insurance that is suitable for their business needs. As an employer it is your responsibility to ensure that any employee is properly covered whilst on business. We can ensure that the policy they are provided with at the outset will meet the minimum requirements.
Short Term Insurance
We can provide insurance for up to 28 days at a competitive rate.
