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Bought New Car Today

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ramesh046 | 17:46 Wed 16th Oct 2013 | Motoring
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for £11000. Now if its gets stolen or a write off, how much would the insurer give me. I have fully comm ins

thanks
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You need to look up its value in Glass's Guide - that's what the insurance companies use.
Yes, they would give you the trade in value.

I suspect nowhere near £11000.
You could take out gap insurance.
If its 'brand new' many insurance companies will replace like for like within 12 months of its purchase.

If it's Brand-new go for Gap Insurance.
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Yes, Gap ins looks a good ins. I have enquired with the dealer ans offered me 3 years Gap Ins for £149(for 3 years). That is not bad is it?

Many thanks for your replies
Phone your insurance Company first, ours will replace for 1 year.
GAP insurance, money making scam from the dealers!
I was offered it last year on a new car, if it's written off within 3 years I get a new car, for £200+ premium.
I have been driving 30+ years and had a number of new cars and hardly had any accidents and NEVER written a car off!!
Mass you have been lucky so far, I won`t apply the old adage of " I have been driving for 30 years never had an accident" but in reality probably caused numerous ones but didn`t see them in your rear view mirror.
Myself also no claims for almost 25 years
I had a new car 2 years ago took out the Gap insurance for £180 6 months later slid on black ice and although I thought it could have been repaired it was written off. I was given a new car in it`s place like for like at no cost but if I hadn`t had the Gap insurance I would have had to pay almost £3000 to replace it or buy a used car to the value of the assessors value, and don`t forget that the VAT that you pay on a new car disappears to the government the minute you drive it away so you have that loss instantly.
By the way I bet that you don`t protect your enviable 75% + no claims discount on your annual insurance because it would be a money making scam by the insurance company.

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