Types of Motor Insurance
There are three types of cover:
- Third Party.
- Third Party, Fire and Theft.
- Fully Comprehensive.
Third Party Cover
This is the most basic form, and will insure you against damage or injury to a third party in a motor accident.Check with your insurer, as some of these policies will cover you if you are off the road too, in a car park for example.
Third Party, Fire and Theft Insurance
The addition of fire and theft to the third party covers you, as you might expect from the name, if your car is damaged in a fire or stolen.
Fully Comprehensive Motor Insurance
This adds accidental damage cover to your policy, and also covers the same as the other two lesser policies. Some may also give you third party cover to drive someone else's car with their permission. But be careful, as many insurers have now withdrawn this benefit from policies as it was being abused.
Fully comprehensive often has extras included, such as legal cover, windscreen repair or replacement, breakdown cover, and cover for your personal possessions inside the car itself.
You need to shop around for the best car insurance deal as prices vary considerably depending on the type of car you have and how old you are.
Women are generally considered to be a lower risk for insurers, as we have fewer accidents, but sometimes the policies targeted towards women are not the cheapest or best cover, so check before you buy.
