What is Third party fire and theft Motor insurance?

Whilst technically your legal requirements for motor insurance are covered by a third party only policy they only protect the people with whom you share the roads, not yourself. The law requires that people who are involved in an accident that is not caused by themselves, be compensated. So, with third party insurance you may be protected against other people's claims against you, but not if you are responsible for the accident.

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What if I have a high performance car?: High performance cars tend to be very expensive, but its not just the buying of the car. It's also the cost of maintaining, repairing it, and particularly the cost of insuring that you need to fully consider. High performance Car Insurance can cost anywhere up to about £10,000 a year, so shopping around can save you a small fortune.
What are the laws regarding Motor insurance in the United Kingdom?: Motor insurance originated in 1930, when the government introduced a law that required every person who used a vehicle on the road to have some kind of motor insurance policy. This had to be third party personal injury cover at the very least.
What to do if you have an accident: In many circumstances you will not be able to prevent an accident, especially if the accident is not your fault. If you are involved in an accident, there are several steps you need to undertake.
Why do some Motor insurers specialise in just lady drivers?: Every Motor Insurance company is different, each have specific market niches that they try and specialise in, some choose mature drivers, some lady drivers and some young drivers.
How your premium is calculated: The main factors influencing the cost of your insurance policy are:

In the event of a fire, Fire damage to your vehicle is likely to be quite serious. In many cases, fire damage can completely write off your vehicle and permanently prevent you from able to use it. A fire could be caused by the cars electrical system, through vandalism, or occur after your vehicle is stolen. In many circumstances, thieves may use your vehicle for a specific purpose, then destroy the evidence by burning the vehicle.

However carefully you drive your vehicle, you can’t actually control what happens to your vehicle when you are not around. If a thief really wants to steal your vehicle, you can't do all that much about it. When insurers ask you if your vehicle has a security system, they may reduce your premiums if you have a security system such as a immobiliser or an alarm. However advanced the security technology within your car you have tom understand that the thieves become just as sophisticated. If your car gets stolen or damaged during a theft, third party fire and theft cover will ensure you receive the payout needed to replace your vehicle.

When you claim on an car insurance policy you are usually expected to pay an excess. The excess is the value that you have to pay as part of your claim. Each time you make a claim you will be expected to pay the excess, so in theory you are insuring yourself for the excess part of your claim. This could be anything from £50 up to amounts in excess of £1000. In some circumstance the insurance company will be prepared to let you off the excess should you have taken every possible precaution in attempting to stop the theft.
Insurers apply an excess in an attempt to both reduce your monthly premiums and to reduce the risk they face themselves. By increasing the personal cost of making a claim they force you to try especially hard to avoid claiming on the insurance (N.B. Please be aware after making a claim your insurance premiums are likely to rise on the policy renewal date).