If your car is declared a write off by your insurance company as a result of an accident, fire or flood damage or stolen and unrecovered, Toyota GAP Insurance could provide valuable financial assistance to help you buy a new vehicle. Toyota GAP Insurance is tailored to cover the difference between the Market Value† your insurer pays out and the original Net Invoice Price* of your car.
What's included?
- Up to 3 years cover (36 months)
- Up to €100,000 Net Invoice Price covered*
- Maximum claim benefit of €80,000
*Net Invoice Price - the amount that you have paid for the vehicle itself, excluding non-dealer fitted options and extras such as negative equity.
†Market Value is the value of the Insured Vehicle (excluding contents) at the Date of Loss as assessed by the issuers of the Motor Insurance.
Example
- Net Invoice Price - €25,000
- Market Value at the time of write off - €12,000
- Insurer pays - €12,000
- Toyota GAP Insurance Pays - €13,000
- What's more, if your insurer charges you an excess, Toyota GAP Insurance could contribute up to €500 towards this.
The insurer for this policy is Aioi Nissay Dowa Insurance Company of Europe SE Registered in Luxembourg (Company Number: B232302) at 4, rue Lou Hemmer, L-1748 Senningerberg, Luxembourg and is authorised by the Commissariat aux Assurances in Luxembourg and is regulated by the Central Bank of Ireland for conduct of business rules.
This policy is administered by MAPFRE ASISTENCIA Compania Internacional De Seguros Y Reaseguros, S.A., trading as MAPFRE ASSISTANCE Agency Ireland is authorised by Direccion General de Seguros y Fondos de Pensiones del Ministerio de Economia y Hacienda in Spain and is regulated by the Central Bank of Ireland for conduct of business rules.
For details of the commission dealers receive please refer to the Commission Summary.
For full details on terms and conditions, please ask your Toyota Dealer.