Third party car insurance not include any damage and theft

Third party car insurance not include any damage and theft

Insurance takes an enormous portion from any driving budget, with young drivers paying over the average as they are statistically very likely to claim. So MoneySupermarket has drawn up a list of money-saving tips to lowered the prices for cover and let you find low priced car insurance quotes.

The minimum level of cover you will need to legally manage to drive on the roads is known as 'Third Party'. It used to be the most affordable type of insurance coverage but these days bizarrely fully comprehensive policies can sometimes be cheaper. Do not assuem one costs much less than the other; quote both.

If you're on a restricted budget, third party car insurance is the bare minimum level of auto insurance required by law. This means that compensation will be offered to third parties when you cause damage to their car or property. This also covers any legal responsibility for injury to some, as well as your passengers.

Even so, third party car insurance does not cover any damage caused to your car where you are at fault, also it does not cover theft of your car also. That’s where comprehensive car insurance is offered in – it can cover everything, for example accident cover irrespective of who is responsible, theft and fire damage, and helpful extras for example towing after an accident along with a replacement car while yours is being serviced, relying on the car insurance provider and policy.