- Select Car Leasing and MotorEasy to offer GAP Insurance
- Partnership will offer peace of mind and protection to UK motorists
- Full suite of products for both new and existing customers
- The first range of insurance products to launch are Lease GAP (Guaranteed Asset Protection), Cosmetic, Alloy, and Tyre.
SELECT Car Leasing has partnered with leading automotive aftersales specialist MotorEasy to provide peace of mind for SME fleet drivers.
The collaboration looks to expand Select Car Leasing‘s range of value-added services to leasing customers.
MotorEasy will now provide a full suite of solutions targeting both new and existing Select Car Leasing clients.
The first range of insurance products to launch are Lease GAP (Guaranteed Asset Protection), Cosmetic, Alloy, and Tyre.
Lease GAP Insurance covers the shortfall between a main insurer’s payout and the outstanding balance still owed on a lease agreement in cases where the vehicle is declared a total loss.
From November this year, every customer who leases a vehicle with Select will automatically receive 30 days free GAP Insurance.
Alloy Insurance begins at just £6.50 per month, says Select, and covers the cost of repairs to damaged rims.
Cosmetic Insurance provides financial protection against scratches, dings, dents, bumper scuffs and any other bodywork damage.
Tyre Insurance picks up the cost of damaged or punctured tyres, whether the customer has normal, run flat or performance tyres according to the lease provider.
Warranty cover will follow as the next product, offered as an add-on protection for cars on lease terms that exceed their original manufacturer cover period. Subsequent phases will see vehicle servicing and repairs added to the mix.
Select customers will also gain access to an industry-leading, dual-branded and unique ‘Digital Garage’, which provides a central location for a car’s history and documentation, helping motorists manage, protect, and maintain their vehicles at discounted rates.
Mark Tongue, Joint CEO and Founder of Select Car Leasing, said: “As the UK’s most trusted car leasing company, we’re delighted to have partnered with MotorEasy in an exciting and long-term relationship that comes with enormous benefits for our customers.
“The collaboration provides additional peace of mind to Select’s extensive database of customers and also introduces MotorEasy’s membership of more than one million car owners to some of the most competitive lease deals on the market.
“Crucially, there’s a real synergy between Select Car Leasing and MotorEasy, with both companies putting excellent customer service, trustworthiness and industry-leading innovation at the forefront of everything we do.”
Duncan McClure Fisher, CEO of MotorEasy said: “It’s great to be working with a like-minded organisation like Select that shares our aspiration to enhance and enrich the driving experience for UK motorists.
“Our comprehensive GAP product will protect customers from the moment they take delivery of their car, while our alloy wheel and cosmetic cover will help safeguard them against potential end-of-lease damage penalties.”
Adding to the offering, Select and MotorEasy will look to offer warranty solutions to customers who are either on contracts longer than three years or who are leasing a used vehicle. Discounted, ad-hoc vehicle servicing solutions are also earmarked for roll-out further down the line says the business.
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