When you buy a new MINI, you want to look after it as well as you can. Looking after your car can take many forms. You might spend your time and energy on cleaning and maintaining your car. You can also protect your car through insurance. Fully comprehensive insurance protects your car in case of an accident or a theft. Despite this though, fully comprehensive insurance is not always enough. After a write off, you could find that you get less back from your insurer than you might have thought.

After a write off, your insurers will generally only pay out what they currently value the car to be worth at the time of the write off. This might be significantly less than you originally paid for the car. As a result, you might be much worse off through no fault of your own.

For example, you might buy your new MINI for around £20,000. If after a few years it is written off, then your insurers might only value it at £16,000. This would be the amount that you would receive from your insurers. This is less than the £20,000 that you paid for the vehicle. You would lose £4,000 from your initial investment, through no fault of your own.

MINI GAP Insurance covers you for the amount that you would lose out on in a situation such as the above. We cover you for the difference between the amount that you insurers pay out to you, and the amount that you originally paid. In the example above, we would cover you for the £4,000 difference between your insurer pay out, and your invoice price. We would also cover you for the difference in the amount of finance remaining between your insurer valuation, and the amount you initially agreed to pay.