Car Insurance in England – Common Aspects

Let’s start with the fact that you cannot move around roads without car insurance. It is true, in the event of a stop, the police can make allowance for a test drive or just a bought car, but this is not worth hoping for. A driver should have at least a temporary policy confirming my vehicle is insured.

Insurance in Britain is issued not so much for the vehicle as for the driver. Moreover, all those who will drive a car must be filled out in the insurance policy. The insurance policy contains also the information about who is your car insured with, validity period, etc.

But this applies to use on a regular basis. There is also such an option that with comprehensive insurance, some insurers allow you to drive other people’s cars. In this case, only the minimum policy is valid, and that car must have a valid policy. Sometimes, it is immediately included in the insurance, sometimes it is an additional option.

The rental companies have some kind of insurance of their own, which covers their car while it is in the client’s hands. Legal entities also have the opportunity to insure their cars for all employees at once.

Insurance types

Third-party only

This is the most basic insurance that allows a car to drive on public roads. It covers only damage that you inflict on other cars and their passengers or their property. It does not cover damage to your vehicle or injuries suffered by you. You will be not quite right that this is the cheapest type of insurance. Another nuance – today there are not so many companies that sell this type of insurance. Most often, the minimum proposed option will be third-party, fire and theft insurance.

Third-party, fire and theft

In fact, it is almost the same as third-party, but additionally covers your losses in case of theft or fire. Usually, it is a little more expensive. But, if the car is old or very cheap, then there is no point in additionally insuring against fire and theft. “Access fee” will prevent you from all the benefits.

Comprehensive car insurance

It covers just about every aspect of car accident, including your own injuries. Even if it was you who are guilty for the accident. Theoretically, it is the most expensive insurance type. But it all depends on the car you have, its model, etc.

Car insurance cost

And here we have an absolute choice for the insured. A huge number of factors are taken into account. Someone insures two cars for £ 500, and someone insures one, more simple and for £ 1000 or even more.

Therefore, the easiest way to find the best deal is to use an insurance comparison website. So what affects the price in the first place? First of all, the most common factors are age, length of service, availability of an accident-free bonus.

Age

A driving license of category “B” in the UK is issued from the age of 17. What does this mean in terms of insurance? Young drivers under the age of 17 are the most dangerous category of drivers from the point of view of insurers. And they are right, in general. Because of this, some 21-year-old drivers with 4 years’ experience pay more than the 26-year-old drivers who just passed their license.

Driving experience

The more experience you have, the cheaper the insurance is. But there are also pitfalls. Cheaper means that you actually drove, and not just passed the test and put the card on the shelf. Your name should be written on the insurance policy. Otherwise, the insurance company may consider that you are more dangerous than a beginner.

No Claim Bonus

It is counted in years. This is not exactly an accident-free bonus. This is a bonus for the non-asking the money from insurers. Well, or the fact that no one asked for anything through your fault. It implies you may have had an accident, but you managed to agree with another participant not to involve insurance company. Sometimes it’s worth it.

Excess fee

This is the amount that is worth paying in case of contacting the insurance company. Regardless of whether you are the victim or the culprit. The amount consists of a mandatory “Exess”, and a voluntary one. Voluntary, can be displayed at checkout. The larger it is, the cheaper the insurance. But here you can outsmart yourself – either the excess will be more than the cost of the repair, or more than the cost of the car itself (if it is old).Well, there is a bunch of other factors.

Category: General

Tags: car insurance, insurance