What You Need to Know About Car Insurance

InsuranceLecturer — Car insurance is a necessary but often confusing purchase. In order to be certain that you have the right cover amounts, you have to do your research.

It takes some time to find the right policy and get it at the right cost. In order to find the right car insurance cover, you will need to first understand the basics of car insurance and the types of policies that are available.

Third party insurance is the minimum legal requirement in the UK. If you are planning to drive your car on public roads you simply must have this amount of cover or higher.

A third party policy will cover you while driving if you are involved in an accident that damages another person, vehicle or property. This cover will protect you whether the accident is your fault or another driver’s fault.

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You should understand however that this amount of cover is very limited. It will not pay for your vehicle should it become damaged by fire or if it is stolen. This is a good cover amount if you drive an old runabout but if you have a higher priced car you may want to go with a better cover amount.

The cost of third party cover will be less expensive than comprehensive but again, you should weigh your options and do your research before choosing any insurance cover for your car.

Third party fire and theft cover gives you a bit more protection than basic third party cover. You get the same protection as the above mentioned cover but with an added layer of protection for your car if it is stolen or damaged by fire.

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The premiums will be based on different factors such as the type and age of your car and any security features that your car offers. Be sure again that you are doing your research to ensure that you get the right cover amount and terms.

You may want to compare third party theft and fire cover to a comprehensive policy just to see if there is a major difference in the cost. You may actually be better off with a policy that covers everything.

Fully comprehensive covers you completely. Many choose this cover because it will protect them from legal aspects of causing an accident and also cover the damage to their car.

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Fully comprehensive protects you from a number of risks but you should take your time to compare a few policies before choosing. Not all fully comprehensive policies are just alike.

Some may insure you to drive someone else’s vehicle or to drive your car abroad while others may not. You should always read carefully over the policy terms and conditions to be certain that you are getting the cover that you need.

You can also purchase add-ons for your fully comprehensive cover policy. Add-ons include legal fee insurance and breakdown cover. Many have found that it is often less expensive to purchase a breakdown policy separate but this is something that you will have to research based on your own car cover needs.