Extra protection for new car buyers this March

New car buyers waiting to purchase the first ‘07 registrations in March should check their insurance cover before leaving the garage forecourt, warns American Express Insurance Services.

American Express comprehensive motor insurance policies guarantee to provide the first registered owner a replacement - i.e. same make and model - should the new vehicle be stolen or damaged beyond repair before its first birthday.

Theft is a main issue for new car owners. Despite today’s smart immobilisers and security systems, one in twenty of all car thefts are for vehicles less than 12 months old. Additionally, every new car suffers from heavy depreciation once it leave the dealer. In the first twelve months, an average family car loses £500 each month, whilst high value cars can lose 10% of their value.

In addition to the new vehicle replacement protection, American Express comprehensive motor insurance customers receive:

Up to 70% No Claims Discount
Free European cover for 90 days
A free courtesy car when using an approved repairer.

American Express has a panel of over 20 insurers hand picked to offer motorists great value insurance for all domestic, imported and even classic cars.

Joanne Field, Marketing Manager, American Express Insurance Services: “Just like any other type of insurance, the small print of car insurance policies vary. It is worth taking a few moments to check exactly what you are cover includes. Drivers will find that whether our policies are bought for brand new cars or slightly older models many of the optional features come as standard with our motor insurance.”