Did you know that cars can depreciate by over 30% in the first 3 years of you owning it? Don’t worry, Bingle has a great optional extra for cars that are 3 years of age and younger.
If you’ve taken out the New for Old option and your car’s been deemed by us to be a total loss, we’ll replace it with a brand new car of the same make and model, including similar options, accessories or modifications, if available.
For full details on the New for Old option check out the PDS.
If you're eligible and you’d like to upgrade to include our New for Old on your policy you can do so at any time or when you renew by logging in to Manage Your Policy. If you’re an eligible existing customer and can’t see the New for Old option, that’s because you’ve been with us longer than we’ve had the option available (you rock!). But don’t worry. If you're eligible at renewal it'll be available to you then.
This option can only be added if,
- the car has not been involved in an accident, AND
- there is no current or pending claim on the car
Please note - This option can only be removed at renewal.