What is an insured warranty and why does it matter?
As an insurance broker, ALA only provide insurance based and backed warranty policies to our customers.
Not all warranties are insured – but if you buy a non-insured warranty what does it actually mean for you?
FCA (Financial Conduct Authority)
What standards must warranty companies meet?
Insured Warranty | Non-Insured Warranty |
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FOS (Financial Ombudsman Service)
Who do you turn to if you want to make a complaint?
Insured Warranty | Non-Insured Warranty |
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FSCS (Financial Services Compensation Scheme)
What happens if your warranty company goes bust?
Insured Warranty | Non-Insured Warranty |
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One other thing to bear in mind: as there is no underwriter for a non-insured warranty, there is a finite “money pot” to cover the cost of any claims. Once this runs out they can’t cover any further claims, potentially leaving you with a broken-down vehicle and having to cover the costs yourself AND no recourse or redress other than the company itself!
Overall it is a much safer option to opt for an insured warranty – with this you have the protection of the FCA, the Ombudsman and the Compensation Scheme, should you need it.
With a non-insured warranty you’re left at the mercy of the company themselves, with no independent remedy options if things go wrong.
ALA GAP Insurance is recommended and awarded by






