EuroGap covers the difference between purchase price and market value of the vehicle in case of total loss or theft. Insurance guarantees up to 100% recoverability of the purchase price of the vehicle for up to 5 years.
EuroGap highlights:
- Up to 5 years of guarantee of getting sufficient resources to buy a new vehicle.
- Optional casco deductible reimbursement insurance.
- Choice of casco insurer is up to the client, GAP insurance is not cancelled at the moment of change of the casco insurer.
- Lumpsum or annual payment.
- Claim limit 1.000.000 CZK
Intended for
- individuals
- companies and self-employed individuals
Eligible vehicles:
- up to 3.5 tons (M1, N1)
- covered by CASCO insurance
- up to 6 years from first registration
- up to 150 days from the purchase date (not owned more than 150 days)
For more information see www.eurogap.cz
Risks covered
Total loss due to:
- accident
- natural disaster
- theft
- other risk according to the primary insurance.
Other GAP products:
TruckGAP – RTI Gap for trucks and buses over 3,5 tons.
LeaseGAP - RTF (return to finance) Gap - covers the difference between the balance of the financial obligation to the leasing company or bank and the market (general) value of the vehicle at the time of claim.
