Types of Car Insurance
If you drive a car in the UK, you must be insured. There are innumerable insurance providers: you can even buy car insurance at supermarkets. Most car insurance providers now have websites, which makes it easy to research and compare policies from a variety of providers.
There are a number of types of car insurance and the cover that they provide varies; it is important to decide which level of cover meets your individual needs. The legal minimum insurance is Third Party. This covers everybody and everything involved in an accident except for you, your car and your possessions. For additional cover, in the event that your car is stolen or damaged by fire, Third Party Fire and Theft is available. The third and most expensive type of car insurance is Comprehensive insurance. This essentially covers most things that could happen to your car, subject to certain general exclusions.
It is important to remember that if you are involved in an accident that is not your fault, you will be able to claim from the other person's insurance. This means that even if your own insurance does not, for example, cover injury to you in an accident, the insurance policy of the person at fault may do so. If you are unfortunate enough as to be involved in an accident with an uninsured driver, you may be entitled to make a claim via the Motor Insurer's Bureau (MIB) to recover your losses.
For more details on the different types of car insurance available, see:
