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Insurance

We are able to offer the following insurance services via our preferred insurance suppliers who are FSA regulated, details available on request.

Vehicle Replacement Insurance (also know as return to invoice): - This is an insurance policy that covers the total cost of the vehicle back to the invoice price.

Warranty: - Although you may not think this as a insurance policy an extended warranty could save you money/worry free motoring in the event that something should go wrong!

GAP Insurance: - This is an insurance policy that in the event of your vehicle being wrote off, this covers the possible negative equity due (i.e insurance offer less the finance companies settlement figure). The cover can be from 1 year to 5 years, from a minimum amount of £5,000 to a maximum amount of £25,000.00. Click on the link below and this will explain it in more detail and you can purchase the cover online. You need to make sure that you are buying the right cover (i.e. Contract Hire gap insurance, etc.).

Net work Gap Insurance

Early Termination Insurance: - This covers any policy due to your wish to terminate the contract early.

MOT Insurance: - This covers the event of your vehicle requiring work due to the vehicle not being able to pass the normal MOT test. Car Insurance: - This is provided by various insurance companies who specialise in the contract hire/personal contract hire market at a competitive price.

As of January 14th the Financial Services Authority (FSA) will be regulatory body responsible for insuring that the terms of the European “insurance mediation directive” (IMD) are implemented in the UK. The IMD is designed to ensure that only those businesses and individuals deemed competent will be able to sell, discuss, advise and mediate in general insurance activities across the European Union.

The role of the FSA will be to enforce the regulation, as laid down by parliament in the UK. This could result in criminal prosecution of any firm or individual who attempt to sell, discuss, advise or mediate in any such way without being previously authorised to do so.

Butlers Vehicle Solutions Ltd complies with this ruling and only refers clients to FSA regulated companies.