Some vehicles are exempt but these vehicles fall into a particular
category and have a particular purpose, such as work for the government
or another field. Car insurance in the UK comes in different options and
in varying plans. In different regions and countries within the UK,
motor insurance can be a different price as well. The following
information explains more about car insurance in the UK and the types of
policies that are available to individuals to protect themselves and
their vehicle in case disaster strikes.
Road Traffic Act Only Insurance
One type of car insurance that is available to those in the UK is known as Road Traffic Act Only insurance. This type of car insurance is not accessible in all regions, however; it is not completely comprehensive and satisfies only the minimum requirements of UK law.
It offers a limit
on damage that is done to any third party's property and is not offered
in many areas because of the limits to the coverage that it has.
Third Party Coverage
Third
Party Car Insurance coverage is the minimum amount of insurance that
most auto insurers will provide. It is a satisfying but not
comprehensive plan. It meets the requirements of the UK law but does not
exceed them very far. This type of coverage does cover any liability to
third party actors however this type of motor insurance cannot be used
in any other instances.
For this reason, another type of car insurance
is available that provides a bit more coverage: the Third Party Coverage
Fire and Theft insurance covers a bit more, including acts of
destruction such as fires and or the actual theft of the vehicle. Other
acts of vandalism that occur to the car may or may not be covered.
Comprehensive Car Insurance
One type of vehicle insurance is known as comprehensive coverage. In this type of motor insurance, a car is considered covered for any damages that the individual has a result of their own actions, the actions of another, or any vandalism that the car has had happen to it. This type of car insurance is the most widely used in the UK with roughly two thirds of the population having comprehensive insurance. It covers several different acts of vandalism that can occur to the cars, including fire, theft, and vandalism.
It covers third party damage
as well. Because of this comprehensive nature, as the name suggests, it
is the most sought after insurance to protect against personal and
financial liabilities.
As you can see there are numerous types of motor insurance available to vehicle owners in the UK with the comprehensive cover being by far the best option for most people.
As you can see there are numerous types of motor insurance available to vehicle owners in the UK with the comprehensive cover being by far the best option for most people.