GAP Insurance

[Dave48]

Have been thinking about this again and, as most depreciation on a new vehicle occurs during the first 12months, if I was unfortunate enough to have bike written off  then could be considerably out of pocket as insurance companys "market value"will be a lot less than price paid for bike and pro-rata for year2 & year 3 at which point bike is likely to be worth  at most only 50% of price paid new .Obviously with higher cost vehicles the potential "loss" is going to be considerably greater.
Its certainly a minefield this insurance game!
Have decided to take out this cover.