New for Old Insurance?

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  Ocker on 16/08/2019 - 19:44

  No

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  theHMASfriendship on 16/08/2019 - 19:44

  No

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  Quantumcat on 16/08/2019 - 21:07

  +4

  I want a neg vote too - No.

  • 

    spackbace on 16/08/2019 - 21:08

    +1

    😉

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  HighAndDry on 16/08/2019 - 21:21

  No

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  mskeggs on 16/08/2019 - 22:05

  +1

  I'm sure somebody on here has!
  My father did some years ago. No issues getting a replacement with similar options etc. but you would have pretty bad luck to write off a car early in it's life, as you can afford a lot of repairs before a new car is a write off.

  If I think of everyone I know in my family, he and an uncle are the only ones who have ever written off a new car in decades of driving, across maybe 20 vehicles at any one time. So I would suggest the chances of claiming on a new for old policy are pretty low. Based on that, I wouldn't pay more than a a few dollars extra for one with that feature.

  • 

    askme69 on 17/08/2019 - 09:21

    Thanks, I'll have to do some research as the vehicle I am getting is fully loaded. A new model will be out next year, so I thought it would be an OK option if anything did happen. I know most policies have new for old for the first 2 years. I wanted Life of the vehicle.

    • 

      mskeggs on 17/08/2019 - 09:26

      I’ve never heard of life of vehicle.

    • 

      Levathian on 17/08/2019 - 10:22

      Noone is going to give you new for old for the life of the vehicle…

      • 

        brendanm on 17/08/2019 - 11:13

        Gio platinum…

        • 

          askme69 on 17/08/2019 - 12:57

          @brendanm: Yes, Just seen that.

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  GoldenDragon888 on 16/08/2019 - 23:02

  No!

  • 

    GoldenDragon888 on 16/08/2019 - 23:03

    +2

    I asked my wife and she says not with the car but maybe with my life insurance.

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  daiwai on 17/08/2019 - 11:27

  +1

  Is there much difference if the agreed value is as much as the new vehicle cost? Then if the car got written off it basically is new for old.