CA Auto Bank, in partnership with Crédit Agricole Assurances, is evolving its insurance offerings in France to provide financial support to its customers in the event of a loss that makes their vehicle irreparable.
Designed to better meet the needs of its customers and offer optimal protection, the purchase value guarantee and financial loss are two developments that will help customers in the event of a disaster on their vehicle.
Since customers have opted for financing solutions in Lease with Option to Purchase (LOA) or for Sale on Credit (VAC), the Purchase Value Guarantee has been introduced. In the event of a loss resulting in a total loss of the vehicle, this innovative insurance allows the customer to be reimbursed on the basis of the purchase value of the vehicle, and not on the market value. This guarantee ensures peace of mind, allowing customers to protect their initial investment.
For those who prefer the flexibility of Long Term Leasing (LLD), CA Auto Bank offers Financial Loss. In the event of a claim, this insurance covers the remaining capital due for the remaining rental period. This coverage allows customers to continue to enjoy their mobility without financial worries, even in the event of unforeseen events.
With these two new product evolutions, Auto Bank offers its customers more peace of mind and reinforces its desire to support them on a daily basis.