Guaranteed Asset Protection claims spike 37%
New data has revealed that average Guaranteed Asset Protection claims has risen by 37% in the last 12 months. According to MotorEasy, payouts in the first nine months of the […]
GAP insurance
MotorEasy bridges the GAP for drivers
Auto Express has named MotorEasy as its Best Buy GAP Insurance provider in its 2023 product group test. As the only provider to be awarded a class-leading five out of […]
ALA Insurance calls for FCA clarity
ALA Insurance has called a fair value warning to GAP insurance providers issued by the FCA ‘irresponsible’ as the data does not differentiate between online brokers and dealerships. The FCA […]
Pay-outs more than £1m shy of market value
New research by GAP insurance provider ALA Insurance has revealed that the average car owner is offered £286 below market value on claims where their car has been written off. […]
Gap insurance claims up a quarter
New data analysis by Intelligent Motoring has revealed a 24% rise in the value of GAP insurance claims from January to September 2022, compared with the same period in 2021. […]
Drivers favour monthly bills
New research has found that almost one in three (30%) drivers prefer to pay for their car on a monthly basis. According to a new Opinium survey of 2,000 UK […]
Changes to GAP influencing behaviour
Changes to rules governing the sale of GAP insurance introduced on September 1st have already influenced consumer behaviour, says Warranty Direct. The amendments were designed to offer consumers more protection […]
Allianz and Maiden expand partnership
Maiden Holdings, Ltd. and Allianz Global Automotive today announced a significant expansion of their long standing partnership focused on developing branded insurance solutions to automotive original equipment manufacturers (OEMs) and […]
