What Type Of Car Insurance Should You Choose?
It is a legal requirement in the UK that before setting out on public roads a driver and their vehicle must be insured. The absolute minimum level of cover required is third party, although there are other types of cover available and your personal circumstances will determine which one is best value for you.
For example, a young driver who owns a relatively inexpensive car may opt for affordable cover such as third party, whereas an affluent older driver with a prestige vehicle is more likely to opt for fully comprehensive cover.
Third party car insurance is usually the cheapest car insurance and typically will cover any other person involved in an accident, including passengers in the insured vehicle but not the insured person; and damage to other property, including to other vehicles, but not to the insured vehicle
However, if you own an expensive car and choose third party cover it could prove costly if you are involved in an accident for which you are deemed to be responsible. In such circumstances the cost of repairs to your vehicle will be borne entirely by you. Conversely, if your vehicle is damaged in an accident and someone else is found to be culpable then you will be able to claim the cost of repair from their insurers.