November 2, 2017
There are three main types of car insurance – Third Party, Third Party Fire and Theft, and Fully Comprehensive.
Third Party is the most basic form of cover – it pays out if you cause an accident, and it covers the damage done to other vehicles. It also covers treatment costs of another driver and their passengers, and also compensates your passengers for injuries sustained. Third party does not cover the cost of repairs to your own vehicle, or injuries you sustain as the driver. It also does not cover you for fire damage or theft of your vehicle. This form of cover is most suitable for those with older cars or cars that are repaired cheaply.
Third Party Fire and Theft offers the same cover as Third Party, as well as additional cover against theft and fire damage.
Fully Comprehensive insurance covers damage to your vehicle as well as damage to other vehicles. Even if the accident is your fault, you can claim for the repairs on your car and treatment of your injuries. It also covers you against fire damage and theft. Comprehensive cover varies – some will cover you to drive another vehicle, meaning you can drive someone else’s car with their permission. Some also cover you when driving your car overseas. Some even cover you to drive hire cars.