Car Care Plan's new motor policy, GAP, is set to be the UK's first vehicle replacement insurance which allows for the increased price of new cars.
The new GAP (Guaranteed Asset Protection) product from the Yorkshire-based company has three cover levels.
Lynn Bradley, Head of Car Care Plan Products and Marketing said: "Broker prices start at just £45, while the top level, which covers increased list prices, is just £110.
"These are extremely competitive prices, which provide a genuine opportunity to boost profits at a time when margins are being squeezed everywhere."
For the top level of cover, pays-outs are based on the latest vehicle list price.
The second level pay-out is based on the invoice price of the vehicle, up to £35,000.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
