People often become confused when they first consider getting motor insurance. This is partly due to the marketing strategies of car insurance companies when in reality it is not hard to understand at all! There exist three main
types of car insurance, and when you know where to start, you will see how easy it is to find the best policy for you. The least complicated and
cheapest car insurance out there is third party insurance. It is mandatory for every vehicle to have this type of insurance. Briefly, this kind of insurance pays for the damages to someone else's vehicle, if you were the cause of the accident. It will not pay for any damages to your own vehicle, nor will it cover your vehicle if it is stolen. People who are looking for
temporary car insurance can be offered this minimum level of cover.
The next type of policy is third party fire and theft. This is the next step up from simple third party insurance. This type of car insurance will cover any damages you cause as a result of an accident and also insures your car against any damages resulting from fire or theft. Due to the fact that this kind of insurance is almost as affordable as the more basic third party insurance, people mainly choose this kind, since they get more for their
money. After all, you never know when a fire or theft may occur. In some parts of the UK which are deemed high risk areas by insurers will only offer this level of cover, whether it is annual ortemporary car insurance as the fire and theft risks are too high. The last and most expensive car insurance by far is known as comprehensive insurance. This insurance is much more detailed than the others, and will cover your vehicle if you get in an accident that is your own fault. You will also be covered if someone else causes the damage and their insurance can't be collected on, for example; in a hit and run accident. Many insurers will offertemporary car insurance only on comprehensive cover, therefore it is wise to shop around to see which companies are offering the best short term deals. There are also comprehensive policies that do much more as well. Some of these policies will pay if your expensive car stereo is stolen, give you roadside assistance, allow you transportation if your car has been rendered unusable and pay for windscreen replacements. Keep in mind, however, that all of these extra services will raise the price considerably, so only sign up for the ones that you actually think you will use.
Choosing a temporary car insurance company doesn't have to be a daunting experience. With the proper knowledge of the different types of policies that are out there, it can make your decision much easier. Pick a company that has a solid reputation, so you know they will be there for you should you need them. Owning a car entails having to get insurance for your vehicle. This is to ensure safety for yourself should you be involved in an accident of any kind. Having car insurance entails paying a certain amount to the
auto insurance company for a policy that will provide you with protection against financial losses in case the car is damaged in any way. Granted, there are a myriad of choices for companies offering insurance for your vehicle. It is therefore necessary to know the basics of getting car insurance for you to be able to make wise informed decisions.
Get started with qualifying basic facts about yourself - your age, gender, social status and your address. Younger drivers get higher premiums, or in other words, get to pay more for car insurance than older drivers. This is because younger drivers are seen to be more reckless and are more likely to get into accidents, thus obliging
the insurance company to pay more on you. The area where you drive also matters. Insurance premiums are more expensive if you live in an accident prone area. You get discounts, however, when you are a student - particularly students with high or above average grades. Being a woman also automatically entitles you to lower premiums since companies deem women to be more responsible drivers than men. Your past driving records would also speak for you. Having less road violations and accidents in the past will give the company assurance that you are less likely to incur any damages on your car.
Which insurance company and / or what auto insurance policy you apply for are your choices. The most basic type of car insurance is that which gives liability coverage. This type pays for damages done to other parties but does not pay for personal losses. Most states require this type of insurance. Collision coverage, as the name implies, covers repairs for damages acquired in collisions. Another type of insurance gives comprehensive coverage. This type provides
auto insurance coverage for damages caused by collisions and non-collision incidents such as theft, vandalism, or natural disasters. The best types to choose are, by far, collision and comprehensive coverages, especially if you depend on your car as your primary means of transportation. This is also essential when you have a number of accidents and violations to your name.
Carrying both coverages and not dropping one or the other is important for the reason that these types are strictly for their respective purposes only. This means that if you choose to drop comprehensive coverage, you should not expect your collision coverage to cover damages should your car be ruined in a fire. This ensures premium safety from financial losses should you meet any accidents or such. It must be understood though that car insurance policy rates differ. Some are more expensive than others, usually depending on the company. Keep an eye open for discounts. As mentioned earlier, depending on factors such as age and gender, you may be granted lower premiums. Try searching the net for car insurance companies. You will find on their sites information on the services they offer and the cost they offer for their policies.
