Volkswagen GAP Insurance

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If you buy a new car, you probably want to look after it, and protect it as much as you can. You can insure a car, keep it in your garage and clean it every weekend. Despite this, something unexpected could still happen. This might cause your car to be written off.

In the case that your car is written off, you might be surprised by the amount you receive as a pay out from your insurers. For example, you might buy your Mercedes for £20,000. Then, you might only receive £15,000 from your insurers after a write off. This might only be a few years after you bought the car. This is because the insurers will likely only pay out what they believe your car to be worth at the time of the write off.

Volkswagen GAP Insurance covers the gap between the price you bought your car for (or agreed its value to be for the purpose of finance), and what your insurers pay out to you after a write off. In the above example, this would be £5,000.