DRIVENOW - Shortfall Insurance
If you have fully comprehensive car insurance and you want to protect your financial position in the event of a ‘total loss’ insurance claim, DRIVENOW Shortfall Insurance is worth considering.
You can’t keep your eyes on your car all the time but you can ensure a level of additional protection with DRIVENOW Shortfall Insurance. There are two types available which take effect when your motor insurer declares your vehicle a ‘total loss’: DRIVENOW Shortfall Insurance: GAP, offers Citroën Financial Services customer’s protection against the finance liability between the market value* of their vehicle (typically the insurance settlement) and your outstanding finance balance.
DRIVENOW Shortfall Insurance: VRI, is the ultimate DRIVENOW Shortfall Insurance product which makes it easier for finance or cash customers to get a like-for-like replacement vehicle, with the gap covered between the market value* (typically the insurance settlement) and the original invoice price of the vehicle.