Customer Gap Insurance Insurance 
Carscoops
MAY 14, 2024
In her lawsuit, she claims that the insurers deliberately lowballed consumers so that it wouldn’t have to pay for repairs, and could recoup money at the scrap auction. It seems like every day we see a car on a salvage auction site that has next to no damage, and yet has still been described as a total loss by an insurance company.
Motor Trader
AUGUST 22, 2024
The FCA has renewed its call for Gap providers to ensure they demonstrate “fair value and good customer” outcomes In February, the FCA agreed a pause in the sale of guaranteed asset protection (GAP) insurance with a number of firms, following concerns the products were not offering fair value.
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AutoSuccessOnline
SEPTEMBER 6, 2024
Let’s explore the factors driving inflation in the automotive market and discuss strategies for dealers to support their customers through these difficult economic conditions. The key inflationary impacts to vehicle ownership include purchase prices, interest rates, maintenance, repairs, insurance and fuel costs.
Motor Trader
OCTOBER 14, 2024
The first range of insurance products to launch are Lease GAP, Cosmetic, Alloy, and Tyre. Crucially, there’s a real synergy between Select Car Leasing and MotorEasy, with both companies putting excellent customer service, trustworthiness and industry-leading innovation at the forefront of everything we do.”
Motor Trader
JULY 24, 2024
Duxbury will oversee all aspects of dealer operations, including customer relations and key partnerships. His return will include filling the gap left by traditional GAP insurance by providing dealers with the knowledge to inform their comprehensive warranty plans.
Motor Trader
APRIL 2, 2024
The Financial Conduct Authority is looking at historical arrangements for motor finance commission while taking a separate look at the GAP insurance market. In 2021, the FCA banned. This story continues at MT spotlight on motor finance Or just read more coverage at Motor Trader
AutoSuccessOnline
OCTOBER 30, 2024
As car prices continue to rise and economic uncertainties persist, dealers must adapt their strategies to meet the evolving needs of their customers. 3 The increase in maintenance costs, coupled with rising insurance premiums and fuel prices, has put additional strain on consumers’ budgets.
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