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4 month old car stolen

14 replies
Found 29th Jul 2014
My less than 4 month old car with 2k miles on the clock has been stolen following a break-in to my house. I have fully comprehensive insurance with protected no claims but I don't have GAP insurance. The list price was £14,950 and I paid about £14,100. What offer is the insurance company likely to make to me? What are my options in dealing with the insurance company? Any tips?

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14 Comments

Banned

they should replace it with a new car

Why so eager? just follow it through with your insurance company.
Ask your insurance company not here on the Internet, the Web is filled with people who think they know everything about everything.

Banned

Mikeygolfgt

Why so eager? just follow it through with your insurance company.Ask your … Why so eager? just follow it through with your insurance company.Ask your insurance company not here on the Internet, the Web is filled with people who think they know everything about everything.



are you saying no one else has ever experience a new car being stolen and the op should just wait and see what happens?
if you feel people shouldn't ask questions what is the point of this part of the site?

Double check your policy as usually within the first year of a new car its a new car replacement, GAP insurance only usually comes into play after the 1 year of ownership.

You will get a like for like new replacement as long as you are the first registered owner of the car that was stolen.

Banned

whatsThePoint

are you saying no one else has ever experience a new car being stolen and … are you saying no one else has ever experience a new car being stolen and the op should just wait and see what happens? if you feel people shouldn't ask questions what is the point of this part of the site?



I think Mikey's point is that it is up to the insurance company (OP didn't name the company either) to decided on the resolution to the stolen car. Insurance companies differ and offering advice or opinions without having the OP's insurance contract etc in front of you wouldn't be very productive.

I second Mikey, call your insurance company and ask them, will probably take 5 minutes and they will give you the correct answer and start you off on claiming. You aren't going to know where you stand on anything until you speak to them.

This will depend with who your insurer is....

Original Poster

Thanks for the responses. I have checked the policy booklet and in theory they should provide a new car. I'll just need to wait and see....

Holly1985

I think Mikey's point is that it is up to the insurance company (OP … I think Mikey's point is that it is up to the insurance company (OP didn't name the company either) to decided on the resolution to the stolen car. Insurance companies differ and offering advice or opinions without having the OP's insurance contract etc in front of you wouldn't be very productive.I second Mikey, call your insurance company and ask them, will probably take 5 minutes and they will give you the correct answer and start you off on claiming. You aren't going to know where you stand on anything until you speak to them.



Thanks. That's the point I was trying get across.

whatsThePoint

are you saying no one else has ever experience a new car being stolen and … are you saying no one else has ever experience a new car being stolen and the op should just wait and see what happens? if you feel people shouldn't ask questions what is the point of this part of the site?



People can ask questions only if it doesn't make them look like an idiot. The simplist way is just to phone the insurance company and ask them.

why waste time posting up a question that only your insurance company can give you an 100% answer?

Come on man, use your damn brain!

I imagine it's market value and since everyone says they depreciate as soon as you drive them off the forecourt it'll probably be less than you paid.

joxeruk2000

I imagine it's market value and since everyone says they depreciate as … I imagine it's market value and since everyone says they depreciate as soon as you drive them off the forecourt it'll probably be less than you paid.



well it will be worth at least 20% less given the vat element
but most insurers will replace with a new car for a 4 month old unless they are really tight as
the value of buying a 4 month old car is quite difficult in the used market and for its age it wouldnt easy to pay too much less than they paid for it

that said, it may be recovered....
but youd prob want to get rid anyhow

ps did you get it on finance or outright purchase ?
Edited by: "mrwhitelabel" 29th Jul 2014

How are we meant to know. Phone your insurance and ask them ffs

Mikeygolfgt

Thanks. That's the point I was trying get across.



Your first post was very blunt. Some people come on here just for reassurance and they just need a push in the right direction.

I know if I am a bit unsure about something I come on here to look for some advice before proceeding.

At first I thought you were being a right **** but your later comment came across much better.
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