PRODUCT INFORMATION
MAINTENANCE AND REPAIR
(non insured / non regulated)
A simple but effective product which is commitment to ensuring that vehicles are returned to mechanically sound condition should something go wrong. It provides a great solution for your customers to keep their vehicle maintained and running. As a service contract it is non-insured, which means no IPT is payable. Plus, only our warranty can carry the RAC brand (for selected dealerships).
MAINTENANCE AND REPAIR FOR ELECTRIC VEHICLES (EV ONE)
(non insured / non regulated)
With the UK currently due to ban the sale of all new petrol, diesel and Hybrid vehicles from 2040, interest in electric vehicles has accelerated. Therefore, the requirement to offer a warranty specifically, for Electric Vehicles is crucial to future proof your business. We offer EV-One, designed with Electric Vehicle owners in mind. Click here to read more!
SELF-FUNDED OBLIGOR
(non insured / non regulated)
The ideal product if you’d prefer to hold the funds and take the risk yourself. We administer the scheme, the VAT is reclaimable (subject to tax status) and as it’s non-insured no IPT is required.
INSURED OBLIGOR
(non insured / non regulated)
Benefit from a non-insurance regulated sale, without the burden of risk yourself with an Insured Obligor scheme. The contract between yourself and your customer provides a service rather than insurance, so it attracts VAT and a commercial insurance policy between you and ourselves (behind the scenes) will attract IPT at the standard rate.
Join a loyal and expanding network
With our Maintenance and Repair Warranty you can choose to join the community of over 1,200 dealers that are part of the RAC Dealership Network.
Choose from 4 different cover levels, including our market leading Platinum Plus protection.
MECHANICAL BREAKDOWN INSURANCE**
(non insured / non regulated)
A cover which protects your customers from repair bills if their vehicle breaks down due to a mechanical issue or fault. The contract exists between your customer and the insurance Intermediary and is therefore subject to IPT and insurance regulation.
*Please note, to sell insurance products you must be authorised or be an Appointed Representative of an authorised principal.
Benefits for Your Business
Additional Revenue Stream
Increased Customer Loyalty
Choice of Warranty
Benefits to Your Customers
Peace of Mind
Avoid Unexpected Costs
Claims Expertise
Get in touch with us today to find out more on our warranties and how they can benefit you and your customers!
**Administrator: TWG Services Limited, registerd in England & Wales, company number 1883565, registered office Twenty Kingston Road, Staines upon Thames, Surrey TW 14 4LG. Authorised and regulated by the Financial Conduct Authority.
Administrator contact details: RAC GAP Insurance, TWG Services Ltd, The Aspen Building, Floor 2, Vantage Point Business Village, Mitcheldean, Gloucestershire GL 17 0AF
Customer Service Telephone: 0300 100 3258 (Monday – Friday, 9:00am-5:00pm)
Fax: 0300 100 3989
Guaranteed Asset Protection Insurance is underwritten by London General Insurance Company Limited which is authorised by the Prudential Regulation Authority, Financial Services Number 202689, London General Insurance Company Limited, registered in England and Wales (Company number 1865673) Registered office: TWENTY Kingston Road, Staines-upon-Thames, Surrey TW18 4LG.