Car Insurance - An Overview

Car insurance is a legal requirement in the UK and therefore is the most commonly held insurance policy in the country. There are an enormous number of providers offering car insurance and different types of policies with assorted features and benefits. Here we take a look at the basics of car insurance and what it offers.The most basic type of car insurance as required by the law is Third Party. With this type of policy you are covered for liability against injuries to other people such as pedestrians, other drivers or passengers, damage to property, liability for accidents caused by passengers, and accidents which happen as a result of a caravan or trailer attached to your car. This type of insurance does not cover you for anything else such as theft or damage to your vehicle, so is really only suitable if you have a car that is very old and not worth much.The next level of car insurance is called Third Party, Fire and Theft (or TPFT). In addition to the basic coverage which is required by law, you will also be covered for the vehicle should it be stolen or suffer a fire. This coverage is probably not right for you if you have a very expensive car.For the most complete coverage, you should consider Fully Comprehensive. This type of insurance covers you for everything already mentioned, but will also include benefits such as accidental damage to your car, insurance for driving any vehicle, medical expenses, courtesy car, protected no claims bonuses, and loss or damage to personal effects. This type of insurance is generally much more expensive but covers you for far more possibilities, so is better for you if you have a valuable vehicle that would cost a lot to replace or repair. http://biker-tips.blogspot.com/