Third party car insurance not cover any damage and theft

Third party car insurance not cover any damage and theft

Insurance require a huge chunk out of any driving budget, with young drivers paying a lot more than the average as they are statistically very likely to claim. So MoneySupermarket has drawn up best money-saving tips to decrease the expense of cover and enable you to find less expensive car insurance quotes.

The minimum level of cover you want to legally be able to drive on the roads is named 'Third Party'. It previously was the lowest type of insurance cover but now bizarrely fully comprehensive policies can often be low priced. Do not assuem one costs lesser than the other; quote both.

In case you're on a restricted budget, third party car insurance is the bare minimum level of insurance cover required by law. This means that compensation would be available to third parties when you cause damage to their vehicle or maybe property. Also it covers any liability for injury to some, including your passengers.

However, third party car insurance never cover any damage caused to your car where you are at fault, this can not cover theft of your car either. That’s in which comprehensive car insurance is offered in – it can cover anything, as well as accident cover no matter who is in the wrong, theft and fire damage, and helpful extras for instance towing after an accident and a replacement car while yours is being fixed, based on the car insurance provider and policy.