Protect Your Lease From Unexpected Costs

Your Financial Safety Net

If your vehicle is written off due to accident, theft, fire, or flood, your motor insurer will only pay the car's market value at the time of the claim.

However, the settlement figure required by your leasing company can be significantly higher than this amount. This leaves you with a shortfall that you would have to pay out of your own pocket.

This policy is designed specifically for vehicles on a Contract Hire or Leasing agreement taken out within the last 180 days.

Clearing Your Lease Liability

With our policy, we’ll cover the difference between:

If your finance settlement figure turns out to be less than the insurer’s payout, then no additional benefit will be due — but this means you won’t owe anything further on the lease, leaving you free of liability.

This way, you’re protected against the financial risks of leasing, and you can return the vehicle and move on without unexpected costs.

*Subject to the terms and conditions of the policy.