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What is Third party only Insurance?
If you want yourself to be personally covered against accident or your vehicle to be covered you should consider a more comprehensive form of car insurance.
Hot Topics
- What if I am a young driver?
- In the UK, car insurance quotes are dependant upon several factors, these include age, gender and location. One of the overriding considerations is the age of the potential policy holder, the younger the driver the more expensive the policy in most circumstances.
- 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.
- How do I make a claim on a Motor Insurance policy?
- You should also take the time to familiarise yourself with the claims procedures at each new motor insurance company you use. Each company has a slightly different claims procedure, it is imperative that you understand both what is covered and how you should approach making a claim against your policy.
- What Do I need to do if using my Car abroad?
- No matter where you go in Europe, be it Ireland, Wales, Scotland or the mainland, you are covered for at least the minimum level legally required in that country with your UK motor insurance policy.
- Can I use my car for business use?
- Class SDP. This class of motor vehicle use is for the policyholder and Named Drivers only using the vehicle for social, domestic and pleasure
Although technically ‘Act Only’ insurance is the minimum form of car insurance required for you under law, in practice it is very rare. Most insurers offer 3rd party as the minimum form of cover in their portfolio.
Insurers consider your personal details when they calculate your car insurance premiums. Your age, driving convictions, claims experience and driving experience all effect the cost of your premiums, as is your employment status and occupation. How often the vehicle is used also effects the premiums because if it is used for business purposes, then you will probably be cover greater than average mileage. The type of Motor vehicle also has a large effect upon the premiums.
Like any form of insurance contract, you should fully read the terms of your policy very carefully. In some circumstance you may be covered to drive other cars, in some you may not. Likewise others may also be insured on your car.
NOTE check your policy documents before allowing others to drive your vehicle.
Under the law, if an accident is proven to be caused by you, then you are fully liable for any injuries to property or people during that accident. This includes cover for death and serious illness such as loss of a limb. Your legal costs, are covered as well.