Car Insurance

Whether you own a Rolls Royce or a bomb, car insurance is a MUST for all car owners. With so many car insurance providers available, choosing the right car insurance can be difficult. So where do you start the process of understanding the car insurance maze and car insurance policies?


1. Get car insurance quotes from the most reputable car insurance providers.
2. Compare car insurance quotes but make sure you are comparing apples with apples. Same level of car insurance and same features on the car insurance policy.


Levels of car insurance to compare:


- Comprehensive car insurance.Comprehensive car insurance is the best level of car insurance you can get. It is the most expensive but if things go wrong you will be totally covered regardless of who is at fault.


- Third party car insurance. Third party car insurance is the absolute minimum car insurance cover any driver should have. Your car may not be worth much but imagine the bill should you be at fault in an accident with that Rolls Royce. Third party car insurance will cover any damage you cause but your car is not covered at all.


- Third party car insurance options. Some car insurance providers offer options with third party car insurance. 


- Uninsured motorist policy option. This covers your car should you be involved in an accident with someone who has no car insurance and it is not your fault.


- Fire and theft option. This covers your car in case of fire and/or theft.


These options usually don't cost much more than the basic third party car insurance cover and handy to have, even if your car isn't worth much. Imagine, should your car be stolen or written off, could you afford to replace your car without the above options included in your car insurance policy?


Features of car insurance policies to compare:


Some of the most common features on car insurance policies are,


- Market or agreed value. Market value is based on the current market value if your car if sold. This is the amount you would receive should your car be written off. Agreed value is the amount that you and your car insurance provider agree on regardless of the market value.


- No claim bonus. The no claim bonus offers discounts on your car insurance premiums based on good driving history. The more claim free years the higher the discount.


- Hire car. If your car is stolen or damaged and you have opted for a hire car option in your car insurance policy you can hire a car for a certain time and amount as stated in your car insurance policy.


- Windscreen protection. Should your windscreen be damaged or broken then you will not have to pay to have it repaired.


- Excess. The excess is the amount you pay when you make a claim. You can select your excess amount on most car insurance policies. The lower the excess, the higher the premium and the higher the excess, the lower the premium.


Finally, be sure to read the car insurance policy so you have a good understanding and are well aware of what the policy does cover and what the policy doesn't cover. If you're not sure of anything then ring the car insurance provider and ask before you commit.


Car Insurance Guides