Had to use full cost replacement last year.
My TT of 9 years was totaled while it was parked. Unfortunately by someone with a medical emergency. I am so glad that I had full cost replacement. There are some requirements with the insurance. My old TT cost about $17000. The value at the time of the accident was about $6500. I got that fairly quickly. In order to get the rest I had to purchase another similar TT within 6 months. During the time between the accident and getting the requirements, I had thought of getting a motorhome. Glad I didn't. I did buy a new TT (one I like very much, BTW) and as soon as I had it registered and insured, I got the remainder of $10500 from the insurance company. This coverage only cost me an extra $19 a year. I made sure I added it to the new insurance. GAP Insurance only covers the amount between the value of the vehicle at the time of the accident and what is owed on the loan.