By: Simon B
Share This Post
Once you have passed your driving test, you are able to drive, and you purchase your first car, but you must have car insurance. It’s the only policy that the law requires.
If you’re found driving without insurance, you’re likely to get a criminal record, and you’ll find it far harder and more expensive to get insurance in the future because of the premiums.
You can choose comprehensive, third-party fire and theft, or third-party insurance:
Comprehensive insurance covers all costs if you have an accident in your car, or it’s damaged through fire or theft. The insurer also pays up if the accident results in injury, death, or legal action.
Third-party fire and theft cover the costs of other drivers (the third party) involved in an accident with you if you’re at fault. Your car is only covered if it’s damaged as a result of fire or theft.
Third-party covers only the costs of other drivers involved in an accident with you if they successfully claim against you. This insurance is the most basic type you can have and still be legal to drive. Comprehensive is the most expensive type of coverage, followed by third-party fire and theft; third-party is the cheapest option. If you can afford it, go for fully comprehensive cover. You can have a comprehensive policy that allows you to drive any car and still is covered or that allows any licensed driver to drive your car. You can do a lot of things to keep your car insurance premiums down, such as keeping your car in the garage at night, agreeing to an excess that’s higher than standard; fitting extra approved security devices, and passing an advanced driving qualification.