Perhaps better known for its motorbikes, Suzuki has nonetheless won plenty of praise for its cars. While the Japanese manufacturer’s four-wheeled efforts are generally less racy, they win points for reliability, accessible pricing and competitive running costs. Models like the Swift and Jimny have stood the test of time by sticking to time-honoured templates that clearly have plenty of fans.
Suzuki may be something of an outlier in the UK car market but there’s plenty of evidence to suggest it’s doing a very solid job, not least reliability surveys that tend to report encouraging user feedback. Suzuki topped the table in What Car’s 2018 report and ranked 4th (out of 33) in our own recent survey.
Why do I need Suzuki GAP insurance?
Do you know how much your insurance payout would be in the event of a write-off? Will it be enough to fund a new like-for-like replacement? Sadly, there’s a very good chance that it won’t.
Because most standard insurance policy payouts are based on a car’s current market value, you’re unlikely to receive a sum that comes close to the cost of replacing your car. The problem is that cars are subject to depreciation.
In fact, new cars will begin to depreciate in value the moment you drive them off the showroom forecourt. After three years your car is likely to have dropped in value by as much of 60%.
Consequently, your payout in the event of write off or theft is likely to fall significantly short of your car’s value at inception (the original market value when you bought it and took out cover).
If you purchased a new Suzuki Swift for £12,500, it could be worth £5,000 three years later (based on 60% depreciation). Therefore, your insurer may only offer a £5,000 payout in the event of a write-off, meaning you’d have to find another £7,500 to replace your car with the same model.
What do I get with MotorEasy?
Most insurance policies will be found wanting in the event of a write-off. Which is why MotorEasy GAP Insurance makes sense.
GAP Insurance covers the difference between the amount your standard insurance policy pays out and the amount you’d need to buy a new like-for-like replacement. In other words, it’s great way to ensure you’re fully covered.
The case for GAP cover is even stronger 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 Suzuki.
GAP insurance comes into its own in the event of a write-off when, all too often, motorists find that their payout is significantly short of the sum needed to buy a like-for-like replacement. It makes sense to top-up your cover and ensure you’re fully protected. But how likely is a write-off? Is GAP insurance really necessary?
In fact, write-offs are more common than many imagine - over half a million cars are written off every year. Typically, write-offs are the result of accidental damage but MotorEasy GAP insurance also covers you against car theft, which accounts for a large number of write-offs every 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. Statistics show that car theft is on the up, so it makes sense to ensure you’re properly protected.
Getting your Suzuki GAP Insurance quote
Getting your MotorEasy Suzuki GAP Insurance quote is quick and easy. Our GAP Insurance page gives you all the information you need and access to a quick and easy tool that gives you a MotorEasy GAP Insurance quote in a matter of seconds.