Car Insurance – Third Party & Fully Comp
What is car insurance?
Car insurance is basically a form of protection for your car, in the case of any damage, accidents or theft your car insurance policy will cover you giving you peace of mind. Getting insurance for the first time can be a daunting process, especially with so many insurance providers after your custom, you must make sure you are choosing the right type of insurance that will most suit your needs and requirements. Saving money is the main objective which can be done online with comparisons and internet discounts, but having the right type of cover is vital.
What types of motor insurance are there?
The main types of car insurance in United Kingdom are Third Party, Third Party Fire and Theft and Comprehensive.
Third Party car insurance
Third party car insurance is the minimum legal requirement that you must have on your car, this type of cover gives any third party involved in an accident with your car complete cover, if the accident is deemed to be your fault. However there is no cover to your car so any damages sustained will have to be paid for by yourself. The main reason why people choose this option is because is cost effective, this is why many new drivers and teenagers in particular will insure with Third Party as it cuts their premiums.
Third Party, Fire and Theft
This is pretty much the same as the car insurance above but adds a few additional factors to your policy. As it says, this type of car insurance will help protect you from the possibility of fire and theft if it should ever occur. It will also cover your legal costs but not any damage sustained to you, only the third party.
Comprehensive car insurance
This car insurance type is most people’s popular, the only people not to opt for this choice would be younger drivers or drivers with cars that are over a certain year of age (making car repairs and parts expensive). Comprehensive will cover you as well as the third party so you can have complete satisfaction and peace of mind. Any damages or acts of vandalism (including fire and theft) can be claimed for. Comprehensive cover includes legal expenses and will cover you in the event of an accident with another driver but it is always wise just to check the small print of your policy to see what the insurer doesn’t cover, making note of any exclusions. If your car is written off you can also claim back the cost of the car from the insurance company so anyone with a car over £3,000 should ideally pick comprehensive insurance if they can’t afford to lose money. With comprehensive car insurance you will also find added benefits that the insurance provider will offer you such as a courtesy car if your own car has to be taken in for repairs.
Some advice on motor direct insurance
The best advice I can give you on car insurance is to take your time. Don’t just jump into the first offer you see. Always try and get a few online quotes and purchase online as well, this method will save you money as most of the major insurance providers give discounts and incentives on buying car insurance online rather than by the telephone.. Above all remember that the more claims you make the higher your premiums are likely to be in the future so try not to make small claims if you can help it.