This plan covers the difference between your vehicle’s retail value (usually the amount the car is insured for) and how much you paid for it when you bought it, i.e. the amount you owe on your loan.
What is Credit Shortfall?
If your car is written off or stolen, credit shortfall covers any amount that you may still owe the financier after we’ve paid out the market value of your car.
Benefits of having Credit Shortfall
- Peace of mind
- Easy monthly payment
- Don’t pay for a car you don’t have
- No extra debt after a car is stolen
What will Credit Shortfall Cover?
These are just some of the components you will be covered for. Get a quick online quote now to see what you are covered for, or get us to call you with all the details!
- Hijacking
- Theft
- Written-off vehicle