Auto Top Up is a finance shortfall policy. You may claim under this policy, if the amount paid out under your comprehensive short-term insurance policy is less than the amount you still owe to your financier after the total loss of your vehicle (i.e. your vehicle is stolen and not recovered, or is uneconomical to repair and is written off).
Upgrade your Auto Top Up policy
You can upgrade your Auto Top Up policy with Deposit Protector. With this upgrade, we will pay either the deposit paid (at the time of purchasing the vehicle) or 10% of the insured value of the vehicle at the time of the claim, whichever is the lesser. Remember that you can only claim if your vehicle is stolen and not recovered, or is uneconomical to repair and is written off.
No first amount or excess is payable on either Auto Top Up or Deposit Protector claims.