So my car is on finance and is possibly about to be written off...

[Fluffycloudland77]

After a vehicle turned right in front of me today on a junction. Nice.

I have had the car just over 12 months, it's finance is two years. If they do write it off what will happen?

Your insurance will pay out but it may not match the payments owing on the finance. Check the conditions on your policy and on the finance on the car.

do you have gap insurance? We had this when we bought a relatively new car and when it was written off this insurance paid out the difference between what our car insurers paid and what we had originally paid for the car. We were recommended this at the dealership, and although it was a couple hundred pound over 2/3 years (cant quite remember) we were pretty glad we had taken in when our car was written off. What we got from car insurers paid off most of remaining finance and the gap insurance paid the rest off and left enough for us to get another car.

I should have said that you could still be liable for the payments towards finance if the insurance figure is less than what you still owe. I think it depends on whether it was HP or not.

No, didnt get gap. Brill.