EuroGAP product is designed to protect your investment in a car in the first years after its purchase, which is the fastest depreciation.
Casco insurance covers your risk up to the market (general) price of the vehicle at the time of the claim. Insurance benefit is also reduced by the amount of your deductible.
The primary EuroGAP option covers the difference between the purchase price of the vehicle and the market (general) price of the vehicle at the time of the claim. Even more security for your investment will be provided by EuroGAP Plus, which includes an insurance of deductible reimbursement of Casco.
EuroGAP CLASSIC is the way how you can cover up to 100% of investment into your vehicle during the three, four or five years insurance period. Up to five years you can be sure, that in case of theft or total loss, you will have sufficient resources to buy a new vehicle.
EuroGAP Smart does not offer 100% cover of the vehicle purchase price for the whole period. The cover declines linearly from 100% of the purchase price at the time of purchase to 50% of the purchase price at the end of five year period.
EuroGAP Smart is first of all long-term and intelligent indemnity of your finances, that keeps the value of the vehicle high above the general (time) value of the vehicle.
EuroGAP PREMIUM is insurance for the most exacting customers. It is a combination of CLASSIC and SMART, which means security for your financial investment in case of theft or total loss, for five year period, where for the first three years you can get back up to 100% of your investment. In the fourth and fifth year of insurance you get the same cover as in EuroGAP Smart, which means 50-70% of the purchase price of the vehicle.
Total damage to the vehicle as a result of the following events:
The insured are risks of those above, which are also insured by Casco.