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Established since 1970

Asset Protection

Beck Evans offers a wide range of award-winning asset protection products. As with all Beck Evans products, Combined GAP and RTI insurance can be customised to your business needs and designed to suit your customer's requirements.

What if?

Due to accident, fire or theft, your customer's motor insurance company declares their vehicle a write-off?

What's more its depreciation in value leads them to pay out less than the vehicle was originally worth.

What if they used a finance agreement to buy a vehicle that's declared a write-off, before they've paid back all they owe? Your customer may have to continue making monthly payments on a vehicle they no longer own.

Whether they've paid outright, or made a finance agreement, they can be covered fully with Combined Guaranteed Asset Protection.

How Combined Guaranteed Asset Protection works

If your customer bought their vehicle outright and paid £26,500 for their car and their motor insurance payout is £14,000, RTI can pay up to the difference of £12,500 to top it up to the original £26,500.

If they financed their vehicle and paid £26,500 and their motor insurance pay out is £14,000, and their outstanding finance payment was £17,500 Finance GAP insurance may payout up to £3,500.

Combined Guaranteed Asset Protection will payout the greater of the Finance GAP or RTI amount. It's that simple!

Asset Protection

Significant benefits

  • Incorporates Return to Invoice Cover (RTI) and Guaranteed Asset Protection (or GAP). RTI Cover could reimburse any difference between the road risk insurance settlement and original vehicle price.
  • GAP is suited to customers taking out a finance agreement and may pay the difference between the road risk insurance settlement and the amount your customer still owes.
  • Combined GAP and RTI insurance could pay out the greater of either the RTI or GAP pay-out, protecting your customer whatever their circumstance.
  • Meets the ABI code of practice.
  • Transferable.
  • Cancellable.

Beck Evans provide flexible, adaptable products designed to suit your specific requirements.

Beck Evans SMART Protect

A policy designed to help keep cars in perfect condition, without compromising your road risk no claims bonus. So your vehicle always looks great, and when you come to sell it - should you ever wish to - its resale value could be higher.

Beck Evans (2000) Limited act as a non-independent credit intermediary for a limited number of lenders and are able to offer a limited number of finance products from these providers. Beck Evans (2000) Limited are authorised and regulated by the Financial Conduct Authority. Beck Evans (2000) Limited are an Appointed Representative of Autoprotect MBI Limited for insurance mediation purposes, their Firm Reference number for General Insurance is 312143 and our Firm Reference Number for Consumer Credit is {FCA_TEXT}. You can check this on the FCA's website or by contacting the FCA on 0800 111 6768.

Combined Gap/RTI Insurance Purchase Price
36 Months (New to 7 Years Old) Claim Limit £60,000 £499
48 Months (New to 7 Years Old) Claim Limit £60,000 £599
36 Months £0 to £10,000 (7 to 10 Years Old) Claim Limit £10,000 £499
36 Months £10,001 to £20,000 (7 to 10 Years Old) Claim Limit £15,000 £449
36 Months £20,001-£30,000 (7 to 10 Years Old) Claim Limit £15,000 £549
Prestige £60,001-£125,000 £50,000 Claim Limit £599
Prestige 48 months £60,001-£125,000 £50,000 Claim Limit £799
Commercial Car
36 Months £0-£10,000 (New to 7 Years Old) Max Claim Limit £5,000 £449
36 Months £10,001-£20,000 (New to 7 Years Old) Claim Limit £10,000 £499
36 Months £30,001-£50,000 (New to 7 Year Old) Claim Limit £20,000 £599