Real life experience - Why I bought GAP Insurance
"Bought a 2.5 yr old car couple of years ago (around 2007) and borrowed all the money for the car off my father. 2.5 years later in 2010 was driving to my parents at night, hit black ice and flipped my car upside down in a ditch. I was fine but my car was completely written off. I got £4000 payout but after all the compulsory/voluntary excess fees and what I still owed my dad I was left with about £2000. When I bought the car, the dealer offered GAP insurance but I turned it down. I will never ever ever be making that mistake again! Such a small price to pay for complete peace of mind."
Christina L, Wiltshire