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GAP insurance

Discussion in 'The Pub' at netrider.net.au started by joeldecai, Jun 5, 2011.

  1. Question. I have gap insurance on my car because I was stupid and have it on my bike because..well i can't really remember. Someone decided I needed it and didn't tell me. Regardless, both are financed and the gap insurance is being paid as a lump sum on top of the finance. Is this the same sorta deal as a normal insurance policy where I can cancel it and get refunded the difference for the rest of the policy? If so..who do
    I ring about that?

  2. Can get a refund yes, have to do it in writing to the insurance company who gave you the gap, but in saying that, I also think u have a time limit on when you can ask for a refund, I think it's 2 weeks from purchase