We use our car as a vital way of getting around the place, be it to work, picking the kids up from school, visiting family, or simply going to the shops, for many of us our car is very important in our lives. This is why insuring your car can be a big bonus as it helps get you assistance if something goes wrong and you need repairs or a new car. Many home contents insurance policies will cover your car as standard, though it’s always worth getting insurance specifically designed for cars.
There are many different kinds of insurance for cars, including insurance for new or learner drivers, insuring your car for use abroad, protection against theft or damage, insurance for if multiple drivers use the car and insurance for if you need your car for work. Because of the wide spectrum of things you need to insure against there are varying levels of insurance you can opt for.
The lowest of these is Third Party insurance which covers you for injury to passengers and pedestrians, damage to property, accidents caused by passengers and any accidents caused by a trailer or caravan. This cover is only recommended for people on a really tight budget or those for whom it would be cheaper to buy a new car than fix the old one up, however, and if you can afford more it’s recommended you take it. The next level is TPFT cover, or “Third party, fire and theft” cover. As the name suggests, it covers all the basic third party problems in addition to protection against fire and theft as well. This is still, however, only for those who want to spend a little because their car isn’t worth much.
The insurance you should really be looking into for your car is Fully Comprehensive insurance which protects against all of the TPFT eventualities and for damaged to possessions in the car, medical expenses in an accident, personal accident benefit and cover if your car is vandalised or you’re in an accident. You can also add extra benefits like courtesy cars if you need one, a no claims bonus, cover for driving in Europe and legal aid in case of accidents.