Types of car insurance cover
The problem with car insurance is that it’s full of jargon, but you need to get to grips with it if you’re to stay legal and get the best deal you can when buying cover for your car. One of the key things to consider with car insurance is what level of cover you want – as well as what you can afford. There are three types to consider – plus a raft of add-ons, only some of which are worth having… Third party car insurance This is the minimum level of cover that you can buy for your car, but it’s all you need to drive legally. As a basic policy you could be left feeling very exposed in the event of an accident – especially if it’s your fault. Third party car insurance will only cover the costs of anybody who would otherwise be left out of pocket by your actions. So if you drive into someone or something, repairs to their property will be taken care of and so will any personal injury claims. For some people this is enough, but don’t be fooled into thinking that it won’t happen to you. Misjudging a corner, skidding on a wet road or failing to spot someone as you pull out from a junction are all things that might just happen. And if one of these things does happen to you, the cost of repairing or replacing your car will be completely down to you. There’s also the possibility of your car being stolen or catching fire; newer vehicles, with their high-pressure fuel systems, along with modern fuels which are incredibly flammable, mean car fires are more common than ever. With this most basic level of car insurance you won’t be covered in the event of your car being pinched or burned out, so you could be left hugely out of pocket. So before opting for third party insurance cover only, think very carefully.