A guide to choosing car insurance
When it comes to motoring, there are few areas as important as insurance. Motor in-surance is a legal requirement but it could also save you an enormous sum if you were to get involved in some kind of accident. Here is all you need to know about choosing car insurance.
First, you will want to decide what level of motor insurance to purchase as there are three options available to you.
Third Party Only - This is the most basic (and often affordable) level of cover and is the bare minimum required by law. This will cover damage done to other vehicles, property and people and animals. If you damage yourself or your own car and it is your own fault then you are not covered.
Third Party, Fire & Theft - This level of cover features all of the above plus extra pro-tection if your car is on fire or if it is stolen.
Comprehensive - Comprehensive has all of the above plus damage to your own car even if it is your own fault. There are usually extras such as a replacement car, wind-screen damage and other benefits. This is thought of to be the most expensive type but this is not always the case as high-risk drivers often select Third Party to reduce their costs, thus, driving the cost of these policies up. The key is to shop around to find the best deals and best level of cover for the particular motorist.
Other Types of Insurance
In addition to motor insurance, a motorist may also want to consider GAP insurance from a specialist like ALA. This will cover any shortfall between an insurance payout and the amount paid if the vehicle were to be written off (insurers will only pay the current market value). It is also a good idea to purchase an extended warranty if the original manufacturer’s warranty has expired as this will cover you against the cost of mechanical or electrical work. These are both optional policies but intelligent pur-chases which could save you a fair sum.
Car insurance is a crucial part of motoring. In addition to motor insurance being a le-gal requirement, it can also provide important cover and save motorists a huge amount of money. As with any type of insurance, there are lots of considerations and levels of cover to choose between so you will always need to take your time and shop around the find the best coverage.