Choosing The Right Insurance Policy For Your Vehicle

Figuring out the best place to put your money when it comes to car insurance is not always an easy task. What you end up paying will depend on what type of car you have, your personal driving history, and even sometimes your credit profile. If you have factors working against you, it is often difficult to get a good deal never mind one that doesn’t break the bank. That is why this guide looks at the factors to consider when choosing the right insurance policy for your vehicle.

Why Does Car Insurance Exist?

The primary point of car insurance is to protect road users should accidents, theft, fires, or breakages occur.

The need for insurance

Depending on how much you drive you can opt for a annual subscription if you’re using it everyday. Or you can opt for temporary insurance if you only plan to use the car a couple days a month, it’s typically more expensive per day but overall its cheaper if used infrequently. There’s also learners car insurance available for those who haven’t yet passed their test but want to get on the road to practice.

The Types of Car Insurance

There are three different types of car insurance to choose from. Prices vary depending on the type of policy and how protected a driver is.

Third Party, Fire, and Theft

Third party, fire, and theft is a policy in place to protect other people from damage caused by you as a driver. You personally are not covered should something happen to your vehicle; you would be liable for any costs associated. However, if the vehicle in your name is stolen or set on fire, the insurance will support that claim.

Third Party

Simple third party insurance, much like the fire and theft version, is in place to protect other road users from damages caused as a result of your driving. Should any damage occur to your vehicle, this won’t be covered.

However, many people think that car insurance is all they need in case they get into an accident. But car accidents can be much more complicated than that, and often insurance companies will do everything they can to avoid paying out a claim. This is where having a car accident lawyer can be beneficial.

A car accident lawyer will fight for your rights and make sure that you receive the compensation you deserve. They will also deal with the insurance companies so that you can focus on recovering from your injuries. In short, if you have been involved in a car accident, it is always best to consult with a car accident lawyer as soon as possible.

Fully Comprehensive

Fully comprehensive insurance is usually seen as the best option. All damages are covered should an accident occur, and you get extra features such as windscreen protection and add-ons pertaining to key management. It sometimes costs more than third party, but not always.

Key Features that Should be Included as Standard on a Vehicle Insurance Policy

As with any insurance policy, there are some primary features that you should expect when paying for fully comprehensive insurance. These factors aren’t always available, and you sometimes have to pay extra to subscribe for the type of service. It depends on the company.

Windscreen Cover

A chip in a windscreen can be a fatal thing when left uncorrected. There is a risk of the windscreen cracking and breaking entirely while driving – which can never be a good thing.  A damaged windscreen can also be expensive to repair or replace, so adding this feature to a car policy allows for everything to be fixed or replaced without any additional costs.

Key Loss and Key Theft

Sometimes car keys go missing and are never seen again. Were this to happen, it would cost a lot of money to get a replica from the garage. So having some protection in your corner is a preferable option. If your key goes missing or is stolen, the insurance company will cover the costs.

A no-claims Discount

No-claims discounts are desirable when it comes to policy renewal. If you fulfil the terms of the insurance contract without having made a claim against your agreement, this allows you a no-claims bonus. That means that a discount is usually applied to any renewal quote for the next insurance period.

Coverage for Personal Belongings

If you ever forget to take personal belongings out of the car and they consequently get stolen, this can be an emotional journey and a very frustrating one too. Some policies allow for this in their details and will cover the cost of replacement.

Breakdown Options

Though it is sometimes sought externally, breakdown cover can be integrated into an insurance premium. There will usually be an additional cost, but it shouldn’t be so much that it puts you off signing on the dotted line.

A Courtesy Car

A courtesy car is there for if an accident happens and your car has to go to a garage for repairs. It is a replacement, temporary vehicle provided by the insurance provider.

Think About Excess Payments

Excess is a payment incurred by you should an accident take place and repairs need paying for. Sometimes, altering the excess can alter the price of your policy. If you have a crash or similar and you are the guilty party, you will be liable for the excess payment towards any repair payments.

Use a Comparison Site to Find the Best Deals

The best way to find the most suitable policy is by using a comparison site like Quotezone. Quotezone.co.uk have some of the best car insurance UK quote options to browse through and provides expert advice for all things financial. Get all the options in one place quickly by entering your personal details and car registration, letting the site find you the best car insurance UK quotes.

Conclusion

Choosing the right insurance does not have to cause pain and heartache. There are ways to make your life easier when you know what to look for.