Vehicle Replacement Insurance Protection (VRIP):
Q: What is the biggest financial risk you have with your vehicle?
A: The vehicle being written off or stolen!
In the event that your vehicle is written off or stolen, vehicle replacement protection will pay the difference between the motor insurance valuation and the vehicle purchase price.
This product is available to cash and finance customers.
A total loss need not be a total disaster. In the event that your vehicle becomes an insurance 'write off' or 'stolen', VRIP will pay the difference between the amounts paid by your insurance company and the price you originally paid for the vehicle along with any outstanding finance. (Subject to the limit set out in the policy document).
For example if you purchase your car for £19,000 and you write it off and the insurance company values your payout at £14,000, Warranty Holdings will pay you the shortfall of £5,000.
VRIP: Available on vehicles up to the value of £25000, with a £5000 indemnity
The insurance provides:
Paying off the difference between the agreed write off value and the original purchase price of the vehicle.
A maximum claim of £5,000.
Payment of insurance excess up to £250.
Cover can be provided for up to 36 months on vehicles less than 6 years old and £25,000 at the time of sale.
VRIP 1 3yrs: £250 + 17.5% IPT Tax
(VRIP is also available for vehicles of a higher value, please email us for more details)
For further assistance on any of the above products please email enquiries@sonnauto.com with any questions, alternatively contact us on 0845 612 3341
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