Chrysler GAP Insurance
For a while Chrysler offered one of the more intriguing US-Euro crossover products to hit this side of the Atlantic. In the hands of Fiat, which acquired Chrysler in 2014, this all-American brand developed a range that mixed rebadged Lancias with unabashedly American saloons like the 300C. The result? Chrysler no longer trades in the UK.
Of course, Chryslers will still pop up on the used market and there’s plenty to recommend hulking people carriers like the Grand Voyager, which offered minibus-esque proportions, plenty of comfort and a practical solution for large families. But when it comes to reliability, Chrysler falls victim to frequent repairs.
Why do I need Chrysler GAP insurance?
Our Chrysler GAP Insurance offers a level of protection that goes beyond your standard policy. If you value your Chrysler it’s worth considering the limitations of your insurance policy and ask yourself how much will your insurer pay out if your Chrysler is written off or stolen.
More often than not, standard insurance policies pay the current market value of a car and not the original purchase price. So, in the worst-case scenario you may find you have to find a significant sum of money on top of your insurance payout just to buy a like-for-like replacement.
This is because depreciation invariably causes your car to drop in value. In fact, your car’s value usually starts to plummet the moment you drive it off the showroom forecourt. After three years the value of a new car will typically have depreciated by 60%, meaning a £30,000 Chrysler 300C could be worth £12,000 three years after purchase.
Now let’s imagine that three-year-old 300C is written off (or stolen). It’s likely that the insurance claim would be based on current market value, which would leave you £18,000 short of the sum required to buy a like-for-like replacement.
What do I get with MotorEasy?
MotorEasy Chrysler GAP Insurance takes care of this shortfall. It’s designed to bridge the difference between the amount your standard insurance policy pays out and the figure you’d need to buy a new like-for-like replacement. It gives you complete peace of mind.
The case for GAP cover is even stronger if you’re paying for your car with a leasing arrangement or PCP financing, which could leave you exposed to considerable debt in the event of a write-off.
Available for all cars up to 8 years old (or with up to 80,000 miles on the clock), MotorEasy GAP Insurance represents a smart, easy and affordable way to remove these risks and enjoy your Chrysler.
Car Theft
If you’re wondering how common write-offs really are and whether it’s worth investing in GAP insurance, you may be interested to learn that over half a million cars are written-off every year in the UK alone.
No one wants to contemplate the threat of a write-off, but it’s easy to see why so many motorists see the value of GAP insurance as a protection against being caught short.
MotorEasy GAP insurance offers cover against more than just accidental damage. Our GAP insurance policy also protects you against car theft, which accounts for a significant number of write-offs every year. In fact, statistics show that the threat of car theft is on the rise.
112,174 motor vehicles were stolen in the UK in 2017/18, that’s the equivalent of 307 every day. Sadly, that figure also represents a significant increase on previous years and the continuation of a 50% upsurge in car theft over the last five years.
Getting your Chrysler GAP Insurance quote
Getting your MotorEasy Chrysler GAP Insurance quote is quick and easy. Our GAP Insurance page gives you all the information you need and access to a quick and easy tool that gives you a MotorEasy GAP Insurance quote in a matter of seconds.
