GAP insurance - yay or nay

[Smokin Joe]

A quick google turned up a premium of £170.

[JoeBloggs11]

Lads,

seen this topic and wanted to ask about Gap Insurance,

What way does the gap insurance work? I bought a car a year ago and give me nothing but bother, had to replace engine, clutch etc. took it via finance - car was £7K

When the engine went I took it to the car dealership (well known) and they refused to cover it as the warranty was 12000 miles, even tho i was told 1 year. it turned out to be what ever was first.

So i put an engine in myself and it continues to give me jipp. the dealership i bought knows i put a new engine in. if for any reason my car got wrote off, and i claimed off my insurance, would the gap insurance still kick in and give me the difference?

[supersarsfields]

Take a good look at your gap insurance policy. Insurance companies differ in what each policy covers so hard to give you a standard answer. The car will be assessed on write of anyway. But if a new engine was required and was fitted correctly then it shouldn't affect the gap policy if anything *ahem* did happen. 

[Keyboard Warrior]

Do GAP policies tend to be taken for a number of years? Or renewed annually like regular car insurance?

[brokencrossbar1]

Lads,

seen this topic and wanted to ask about Gap Insurance,

What way does the gap insurance work? I bought a car a year ago and give me nothing but bother, had to replace engine, clutch etc. took it via finance - car was £7K

When the engine went I took it to the car dealership (well known) and they refused to cover it as the warranty was 12000 miles, even tho i was told 1 year. it turned out to be what ever was first.

So i put an engine in myself and it continues to give me jipp. the dealership i bought knows i put a new engine in. if for any reason my car got wrote off, and i claimed off my insurance, would the gap insurance still kick in and give me the difference?

If my car got wrote off...you're some craic!!!! A few lads lined up to lift her and wreck her into a wall???  Don't worry, it's all anonymous here, yer safe!!!

[The Raven]

Had my car written off 18 months ago, didn't realise we had gap insurance until we checked paperwork. We were paying it along with HP, luckily we had only 3 weeks of our 3 years left. Well worth taking out but a one off payment is much cheaper than monthly