Car Insurance Question, Advise Please

[beezaneez]

i allready have fully comp insurance on citreon ds3, if we have accident or car is stole we will only get book price for our car, i have been told that for an additional premium / price there is some kind of policy that we will get a full refund ie full price we paid for car back to us in event of fire/theft/accident.

where can we get this ? what is this insurance called and where can we get cheapest one ?

my friend is paying an extra £ 250 over 5 years , so if his car is stolen and written off he will get full price that he paid for it, i want same option.

[Mojo-Jo-Jo]

you need something called GAP insurance

http://www.which.co.uk/money/insurance/guides/gap-insurance/what-is-gap-insurance/

[bhg481]

The insurance you're looking for is GAP insurance - covers the gap between the book price for the car and the new value. Either your dealer or your insurance company should be able to help.

[Arrods]

As well as GAP cover, there are also 'agreed value' policies. These pay out whatever sum is agreed at the outset. I believe they are designed for 'classic/vintage' cars though.

[soapnumpty]

Check the terms of your current policy first, as some agree to pay the new value until the car is 18 months old. Have a look in the policy wording.

[retrocop]

I'm sure the GAP scheme is organised by the AA.Mine was when I bought my new Nissan Navara.