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Value of new car when insuring

A4B9 Feb 27, 2016

  1. A4B9

    A4B9 Well-Known Member

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    When you get insurance on a brand new car, what do you tell the insurer is the value of the car? Putting down the price when the value will plummet the moment you leave the forecourt doesn't seem right and makes no sense when you have gap insurance in there as well covering any lossses
     
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  3. ChrisKnottIns

    ChrisKnottIns Site Sponsor Site Sponsor

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    You'll probably find that your car insurance provides 'new for old' cover in the first year so you'll want to get the value right.
     

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