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hoojkel · Jan 27th, 2008, 09:27 PM

Quote: Originally Posted by +++MadMatt+++ (original)

I Today put a deposit down on a mini (51 plate).

I was told about this extra insurance for my mini, that in the event i had a crash and my car was written off, my insurance company would only give me a couple of thousand for it.

But if I had this extra insurance it would 'top it up' and would mean i could get a like for like replacement car. Has anyone done this and is it worth it?

Matt

Hi Mate, this is ' GAP' insurance and it makes up the difference from what your insurance pays out and what the car is actually worth at the time. The insurance co. will only pay up to a limit for what they think its value is, not its true value so the GAP insurance makes up the difference. Definitely worth it and you can pick it up quite cheaply if you look online, think mine was less than £200 for 3 years cover.

Jan 27th, 2008, 09:27 PM	#2
hoojkel MINI2 Senior Join Date: Jul 2007 Location: Belfast Local Time: 05:06 AM Posts: 403 Offline	Quote: Originally Posted by +++MadMatt+++ (original) I Today put a deposit down on a mini (51 plate). I was told about this extra insurance for my mini, that in the event i had a crash and my car was written off, my insurance company would only give me a couple of thousand for it. But if I had this extra insurance it would 'top it up' and would mean i could get a like for like replacement car. Has anyone done this and is it worth it? Matt Hi Mate, this is ' GAP' insurance and it makes up the difference from what your insurance pays out and what the car is actually worth at the time. The insurance co. will only pay up to a limit for what they think its value is, not its true value so the GAP insurance makes up the difference. Definitely worth it and you can pick it up quite cheaply if you look online, think mine was less than £200 for 3 years cover.