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Car Insurance

Apr 4, 2008
Owning a car is an increasingly expensive business, not only do you have to consider buying and paying for a car, but also taxing it, paying for fuel and providing correct insurance. It is therefore no wonder that finding the best deal for your car insurance is so important, after all, why pay more for something if you don't have to.

There are over 100 companies that can offer you car insurance in England, Scotland and Wales and it can often seem like an impossible and time consuming task attempting to find the best deal for you as the quotes and prices you will pay can vary wildly from one company to the next.

Many companies also now offer specialised cheaper car insurance aimed at certain sectors of the market, for example if you are over a certain age and depending upon your gender and if you fall into any of these categories then you can really keep the cost of your car insurance down. You should first of all consider who will be driving the vehicle and which type of events you wish to be covered for.

The type of car that you own and require insurance for is also a major factor in determining the cost. Many insurance companies will place the car into specified price brackets, which are dependent upon how powerful the engine of your car is. It is therefore a good idea when purchasing a new car to not exceed your budget too much or buy a car that is very powerful if you cannot then afford the insurance.

There are three main categories of car insurance that are currently available and the one that you ultimately pick is dependent upon your own circumstances. These are Third Party only, Third Party Fire and Theft and Comprehensive.

Third Party only provides you with cover against any damage that may occur to a third party's property or infact that of the third party. If you have an accident involving another car which results in damage to that car or injures the occupant of that car, then this policy will also pay for the repair to the vehicle and any injuries suffered or medical care needed by the persons of the other car and passengers that are in in your car other than yourself. Third Party only policies will not however pay for any of the the costs that occur for repairing your own vehicle or any medical expenses if you are injured aswell. It is also worth noting that if your vehicle is stolen or if it is set on fire then a Third Party only policy will not make any payment toward the theft or repair.

Third Party Fire and Theft Car Insurance Covers are essentially the same as a Third Party only policy; however in this case a Third Party Fire and Theft policy will also pay out should your car be stolen or set on fire. A comprehensive policy on the other hand will pay-out for third party damages and injuries, in the event of your vehicle being stolen or set on fire, and will also pay for any damage incurred to your own vehicle and does not matter who was at fault.
About the Author
Louis Rix is a Director of NetCars, one of the UK's leading motoring websites. First established in January 2000, it provides car finance, loans and warranty. NetCars also provides a cheap car insurance service.
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