The legend of Alfa Romeo is inextricably intertwined with the golden era of Italian motor racing, when a fabled rollcall of drivers including Giuseppe Campari, Antonio Ascari, Enzo Ferrari and Juan Manuel Fangio sped to famous victories in Alfas like the RL and 8C 2900.
While Alfa Romeo’s glory years as the world’s leading racing team puttered out many decades ago, its sporty credentials are still very much in evidence throughout its collection of road cars. Alfa continues to produce cars that invoke the spirit of the racing circuit, in both looks and performance. Petrolheads revere Alfa Romeo’s knack for responsive, characterful handling and there remains something excitingly unconventional about the racy styling of models like the Giulia and Stelvio.
Why do I need Alfa Romeo GAP insurance?
If you’re the owner of an Alfa Romeo, you’ll undoubtedly want to ensure that your pride and joy is properly protected. But GAP insurance
While no one wants to contemplate the worst-case scenario, savvy motorists are wise to consider the possibility of a write-off or theft. After all, nearly half a million cars are written off every year in the UK alone. It's important to consider what sort of payout you’d be looking at from your car insurance policy in such circumstances.
Ultimately, even the best policies pay out the current market value of your car in the event of a write-off, which means you’re likely to be looking at a figure that’s well short of the sum you’d need to pay for a new like-for-like replacement.
You need to consider that a new Alfa Romeo’s value typically depreciates the moment you drive it off the dealership forecourt. Three years later, its value is likely to have depreciated by 60%!
Taking into consideration depreciation, the payout on a three-year-old Alfa Romeo Giulia that cost £30,000 new could be as little as £12,000 (assuming 60% depreciation), meaning you’d have to find an additional £18,000 to buy a like-for-like replacement.
What do I get with MotorEasy?
This is where MotorEasy GAP Insurance comes into its own. Put simply, GAP insurance tops up your insurer’s payout in the event of a write-off, providing the extra funds to purchase a replacement vehicle or to settle any outstanding finance. It’s great way to ensure you’re fully covered.
Taking extra measures to ensure you’re comprehensively protected makes financial sense, especially if you’re paying for your car with a leasing arrangement or PCP financing, which could leave you exposed to considerable debt in the event of a write-off.
Available for all cars up to 8 years old (or with up to 80,000 miles on the clock), MotorEasy GAP Insurance represents a smart, easy and affordable way to remove these risks and enjoy your Alfa Romeo.
GAP insurance is designed to bridge the gap between the amount your insurer pays out and the sum you need to replace your car in the event of a write-off. But what constitutes a write-off and is it really worth protecting yourself against it?
Sadly, write-offs are more common than you may think: over half a million cars are written off every year! Typically, write-offs are caused by accidental damage, but MotorEasy GAP Insurance also covers you against car theft, which accounts for a large number of write-offs each year.
In fact, statistics show that car theft is on the rise. 112,174 motor vehicles were stolen in the UK in 2017/18; that’s the equivalent of 307 every day! Sadly, that figure also represents a significant increase on previous years and the continuation of a 50% jump in car theft over the last five years. Car theft is a worryingly common issue, and it makes sense to ensure you’re properly protected.
Getting your Alfa Romeo GAP insurance quote
Getting your MotorEasy Alfa Romeo GAP Insurance quote is quick and easy. Our GAP Insurance page gives you all the information you need and access to a handy tool that will supply you with a quote in a matter of seconds!