Car Insurance Basics

Motor insurance is required by law if your vehicle is going to be parked or driven used on the nations roads. The very basic level of insurance is third-party cover which insures you for damage done to somebody else or their vehicle.

Fully comprehensive insurance is available at greater costs, which covers yourself and any passengers in your vehicle.

The industry is very competitive, resulting in lower prices and great deals, but is is important that you get as many quotes as possible to ensure you get the best value deal.

Car insurance companies usually offer a "no-claim bonus" which leads to cheaper premiums. This is calculated by the number of years that you have been insured but have not made a claim.

It is important to check the amount of excess you will be required to pay. Insurance policies have their minimum claim amount set to different levels, depending on the small print. There may be certain things you cannot claim for, so make sure you check.