Total Loss Compensation (TLC)
In the event your car is involved in an accident or theft - resulting in an insurance write off, you might want some additional cover to your comprehensive car insurance. Car Care Plan will pay an additional 25% of your final insurance settlement figure (up to a maximum of £10,000). Whether it’s to help protect you against any repayments, contribute to depreciation or upgrade to a different car, Total Loss Compensation is here to help.
CSMA Club is a brand of Motoring & Leisure Services Ltd, which is authorised and regulated by the Financial Services Authority. Registered office Britannia House, 21 Station Street, Brighton, BN1 4DE, registered in England no. 02813598 Our terms of business can be found here.
Enjoy the simplicity, protection and great value this tailor-made solution provides CSMA Club members.
- Total Loss Compensation offers straightforward protection
- Additional fixed payout of 25%^ of your final motor insurance settlement following a total loss.
- Cover starts from just £49,for 12 months cover
- Lump sum payment following an insurance write off.
- Exclusive product, designed especially for CSMA Club members with comprehensive car insurance and not available anywhere else.
- With thousands of vehicles written off and cars depreciating by around 20% annually in the UK** Total Loss Compensation provides clear and transparent cover that will help keep you protected
^Your car insurance may already provide strong cover in the event your car is written off through an accident or theft. For example. If your car is insured with Approved Partner LV= Frizzell, under a year old and you are the first registered owner, LV= will replace your car with a like for like model if written off in the first year.
** Average depreciation calculated using What Car? depreciation calculator at www.whatcar.com/car-depreciation-calculator
Motor insurance settlement = £10,000
Total Loss Compensation = £2,500
| Engine size | Price of premium* |
|---|---|
| Up to 1,200cc | £49 |
| 1,201 - 1,600cc | £59 |
| 1,601 - 2,500cc | £69 |
| Over 2,500cc | £79 |
* Includes insurance premium tax.
