Wednesday, 22 October 2008

Different Types Of Bike & Car Insurance

There are 3 main types of insurance when it comes to vehicles:

1. Third Party Only - the minimum legal requirement to use a vehicle on the road. It will cover damage to other people's property, but there is no cover for theft of damage to your own vehicle.

2. Third Part, Fire & Theft - this is the same as third party, but with additional cover in case your vehicle gets stolen or damaged by fire.

3. Fully Comprehensive - the most important part of this insurance cover is that damage to yours, and other people's property is covered, regardless of where the fault lies in a collision

Rob Laird - ADI
RPL Driving School

1 comment:

Andrea said...

Out of all the option fully comprehensive is the best one but I am sure that it will an expensive choice. Thanks for explaining all the types as now it will be easy for me to choose the right kind of insurance for my car based on the purpose and also my budget.
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