How well protected are you against Total Loss of your vehicle?

Do you know how much you would be getting from your motor insurance policy if your vehicle was written off due to an accident, fire or theft?

Even with comprehensive cover, your motor insurance company may only pay out the market value of your vehicle at the time of the write-off.

For example, if your vehicle cost you £15,000, its market value may only be £9,000 after 2 years, and this is what you will receive from your motor insurance company (minus any applicable excess). This means you will have lost £6,000.

Mazda Return to Invoice (RTI)

Mazda Return to Invoice will either pay you the difference between your Motor Insurance settlement figure and the outstanding Early Settlement Balance due to your Finance Company, or pay you the difference between the Net Invoice Price of your Insured Vehicle at the Start Date and your Motor Insurance Company's settlement figure. Your claim will be settled based on whichever is the greater amount.

Before accepting your motor insurer's settlement, you must first contact the policy administrator.

So in the event of your vehicle being written off during the period of cover, the policy will pay out whichever of the two is greater, up to the maximum of £15,000 - and with cover at just £300 it's excellent value.

Full details of policy cover, exclusions and how to buy Mazda RTI Insurance are available from Clevedon Mazda.