Motor Insurance

Motor insurance is a requirement if you want to be able to safely and legally drive a car. A car insurance policy is there to provide you with cover in the event of an accident or damage to your vehicle and therefore against the high cost that such damage could cause.

There are a great number of companies that can offer you car insurance within the UK and it can often seem like a frightening task to attempt to find the best deal for you as the quotes and prices you will pay can vary greatly. There are also now a variety of companies that can provide specialised car insurance then can be much cheaper and is aimed at specific areas of the market and if you do fall into one of these groups then it can be a very cost effective way of keeping your car insurance low and also finding other beneficial services that are applicable to your group.

Factors that are worth considering are who will be driving the vehicle and which type of events you wish to be covered for. The make and model of the car that you own goes along way in determining the cost of your policy as many cars are insured depending upon the engine capacity and how powerful the car is as you are thought to be more at risk of being involved in a claim. It is worth remembering that when you a purchase a new car to not surpass your budget or purchase a car that is very powerful since you must take into account the effect this will have upon the cost of your insurance.

There are three main categories of motor insurance that are currently available and these are Third Party only, Third Party Fire and Theft and Comprehensive. The one that you opt for is dependent upon the areas that you feel are most important to you.

Third Party only will cover you against damage to the third party's car or to the third party themselves. If you are ever involved in an accident involving someone else and end up causing damage to that car or if it results in injuries to the occupant of the car, then this policy will pay for the repair to the vehicle and pay for any treatment needed if injuries are suffered by the persons of the other car and any passengers in your car other than you.

A Third Party only policy will not however pay for the costs of repairing your own vehicle or any costs required to cover medical or health expenses if you are injured. It is also worth noting that if your vehicle is stolen or catches fire then a Third Party only policy will not make pay out toward the theft or repair required to the car.

Third Party Fire and Theft cover is essentially the same thing as a Third Party only policy; although in this case a Third Party Fire and Theft policy will also pay out in the event that your vehicle is stolen or set on fire.

If you wish to be covered for all eventualities and want to have greater peace of mind if your car is valuable then you should opt for comprehensive insurance which will provide cover for all of the above.