Case Study

When Jake was setting up his business insurance, he asked his broker to look into a motor policy for his brand new sportscar. The broker was able to quickly find a policy designed specifically for prestige cars. One rainy evening, Jake was driving home when a dog ran out. He slammed on the brakes and skidded on the wet road and crashed into an electricity pole. 

Jake’s insurance paid for a tow truck to take the car, and provided a rental car so that he could get to work while the damage on his car was being assessed.

The car was written off, but Jake’s insurance covered the cost of replacing his car with the same make and model, as it was under three years old.