Things You Need to Know about Motor Insurance in the United Kingdom
While the rules of motor insurance in the UK are simple, the types of motor insurance can become a little more involved. You must have minimum coverage motor insurance before you can drive a vehicle on any public road and there are no exceptions to this. Motor insurance provides protection for you, your vehicle and other drivers if you are involved in any accident. Motor insurance provides for any injuries or property damage that you may cause if you are involved in an accident. While there is no variation on having motor insurance, there are different types of motor insurance that you can purchase. The following will explain the types of motor insurance to help you choose which the best is for you.
Types of Motor Insurance Coverage
- Third Party Only
Third Party Only coverage is the minimum legal amount of coverage that a person may have. This type of coverage only covers property damage and injuries that other people involved in an accident with you suffer. This also includes only the passengers of your vehicle. If you are involved in an accident, it will not cover any damage to your vehicle or injuries you suffer. While this is the minimum motor insurance you must have, you can provide for larger monetary amounts of coverage by choosing different levels of Third Party Only insurance. This coverage varies from provider to provider, so you will want to inquire what types are available through your insurance company.
- Third Party including Fire and Theft
Third Party including Fire and Theft coverage provides the same coverage as Third Party Only insurance, but also covers your vehicle in the event it is damaged in a fire or stolen. Keep in mind, this does not cover fires that are due to an accident, if your vehicle catches fire for any other reason other than a collision, this policy will provide coverage.
- Comprehensive Motor Insurance
Comprehensive Motor Insurance provides the same coverage as Third Party including Fire and Theft, but in addition, will provide coverage if your vehicle is damaged in an accident. You also have the option to include additional coverage as well. Some of these additions include provisions for a courtesy car while your vehicle is being repaired, legal expenses insurance to cover any amounts not covered by motor insurance, roadside recovery and vehicle repairs in case you break down.
It is always a good idea to shop around for motor insurance coverage. Your rates and available coverage will vary from company to company, so in order to make sure you are getting the right coverage for the right price, you want to weigh your options. You never want to discover that you do not have enough motor insurance after you are involved in an accident. A good place to start when looking for motor insurance is with the Aviva Insurance Company. Aviva Insurance is one of the largest insurers in the UK and provides over 43 million people with insurance and financial products. Aviva is also one of the largest providers of life and general insurance in Europe as well. Starting with a solid insurance company is the best way to determine which type of insurance is the best for you, as their professionals will be able to answer any questions you may have. Even though motor insurance is a requirement it does not mean you are required to pay too much or pay for coverage you do not need, or not be covered enough. Do not wait until you are in an accident to discover you do not have enough coverage, be proactive and contact Aviva today.