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Gap Insurance


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I took GAP insurance out this time. I wrote my last IS200 off and didn't have the GAP insurance. Made damn sure I had it this time!

There are two types of GAP.

1) The first covers any shortfall in the write-off value and any outstanding finance.

2) The second covers the difference between the list price and the write off value.

I took the second as I paid for the car in cash and did not have any finance. It was £600 and covers the car for the first 3 years of it's life.

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