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Obtaining Motor Insurance

Apr 23, 2008
Obtaining adequate motor insurance is an important requirement to be able to drive a car legally on the road. A car insurance policy is designed to protect you and other road users by providing you with a level of protection and cover should you be involved in an accident or if damage occurs to your car and therefore protecting you financially.

If you take the time to look for motor insurance you will find an increasing amount of companies offering you car insurance with all sorts of cover and extras at a wide range of prices. Many of these companies will also offer you special deals on car insurance targeting specific areas and if you are fortunate enough to fall into one of these categories then it is a great way to reduce your car insurance premiums.

There are many things that influence the cost of your policy and these include who will be driving the vehicle the majority of the time and the events you feel you need to be covered for. The cost of your policy will also be greatly affected by the type of car you own and as cars are primarily insured depending upon the engine capacity and the power of the car. Many people will often replace their car every few years or may find that they need to replace their car due if it breaks down or becomes beyond repair. Make sure that when looking for a new car that you consider what the effect on your premium will be.

Choosing your policy is an important decision as it is a great financial commitment. A Third Party policy gives you cover against damage that occurs to the third party's car or to the third party themselves. In the event that you are involved in an accident and damage is caused to the third party's car or if it results in injury to any occupants of the car, then this policy cover provides payment to repair the vehicle and pay for any treatment needed by occupants of yours or the third party's car.

A Third Party only insurance policy does not cover the costs of repairing your own vehicle or provide payment should you be injured. Payment will also not be made should your car catch fire or be stolen.

Third Party Fire and Theft allows for the same cover as Third party but will also pay out in the event that your vehicle is either stolen or is set on or catches fire. Essentially both of these third party policies do not offer you any protection for your car but will allow you to provide for the repair and medical expenses of another vehicle or person should you be responsible for an accident.

If you wish to be covered for all eventualities and feel that you car needs greater protection if it is valuable then you should choose a comprehensive motor insurance policy which will provide cover both your car and the third party's.
About the Author
David Thomson is Chief Executive of BestDealInsurance an independent specialist broker dedicated to giving consumers the best insurance deal. They offer great value home, life and car insurance .
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