In the unfortunate event that your Ford is written-off or stolen and declared a total loss, your insurance company may not pay out the original purchase price of the car. This is because many comprehensive motor insurers make a total loss payment based on the market value of the car at the time of the total loss – not on the original purchase price. Any depreciation or loss in the value that takes place after you have taken delivery of your Ford may not be covered. This is your potential loss; however you can choose between two levels of cover.

The difference between your motor insurance settlement and the original price paid for the vehicle including all factory-fitted accessories and any discount given, but excluding other extras, up to £20,000. Cover is available on all Fords, whether you paid cash or financed your car.

For further information, please refer to your local FSA (Financial Services Authority) authorised Dealer.

This policy will either pay your finance company the difference between your motor insurance settlement figure and the outstanding finance early settlement balance, 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. In the event of your vehicle being written off during the period of combined cover, the policy will pay out whichever of the two is greater, up to a maximum of £20,000.

Your FSA authorised dealer will be able to arrange cover for you up to three months after the purchase of your vehicle. Once the simple application details are completed and your premium is paid, a policy document will be prepared, giving details of your cover and how to make a claim.