Aided by trillions of euros in monetary stimulus and billions in stockpiled dry powder, private equity investors in Europe were able to swiftly bounce back from the initial seizure of market.
The RAC has also confirmed it will continue to provide breakdown cover through their partners operating in the European Union.
The firm said their comprehensive European breakdown service will remain in place and out “no limit” to the costs needed to get your car back to the UK.
They say if repairs cost more than £500 you can have your vehicle brought back to the UK instead of having it repaired in Europe.
NFU Mutual also added their continental breakdown cover would continue to operate as normal after Brexit.
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More Than also says your European Breakdown cover will still “work as usual” in the event of leaving the EU.