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I Have Car I Want To Make Money

What is fully comprehensive insurance?

Fully comprehensive insurance offers the highest level of cover available. You will be covered if your car is damaged or written off, if your vehicle is stolen or catches fire, as well as any medical expenses.

Comprehensive policies can often be quite different, so you should always check what is covered before you buy.

Who is it for?

Most drivers. Fully comprehensive policies almost always offer the best value for money. If you can afford it, it's generally the way to go. Always check what each insurance provider actually includes in their fully comp policies.

Find out more: Fully comprehensive car insurance

Key features

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Highest level of cover available.

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Often the most expensive level of insurance.

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Covers damage if you're involved in an accident, theft, medical expenses, fire damage, and theft of your vehicle.

What is third party, fire and theft?

A third party, fire and theft (TPFT) policy will cover the costs of damage to another person, their vehicle, or property, if you are found at fault for causing the damage.

If you're involved in an incident and are found responsible, you will not be covered for any repairs or medical bills. You will be covered against theft, damage done during an attempted theft, and fire damage to your car however.

Who is it for?

Not many people. Third party, fire and theft cover actually tends to be more expensive that fully comprehensive cover, but offers less in the way of protection.

Find out more: Third party, fire and theft cover

Key features

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Damage to another person, their property, or vehicle, is covered.

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You'll be covered if your car is stolen or involved in a fire.

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Damage to your car and yourself isn't covered if you are found at fault.

What is third party only insurance?

Third party only (TPO) car insurance is required to drive your car in the UK legally. Your insurer will pay out if you damage another person's vehicle or property, but they will not cover any repairs you need to make to your own vehicle.

Who is it for?

The budget conscious. Third party only cover doesn't offer much, but will often be the cheapest form of insurance available – this isn't always the case though, and it can prove false economy even when it is.

Find out more: Third party car insurance

Key features

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The minimum legal requirement for driving your car in the UK.

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Covers other people's vehicle or property if you damage them in an accident.

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Usually the cheapest insurance available to drivers.

I Have Car I Want To Make Money

Source: https://www.moneyexpert.com/car-insurance/

Posted by: sanchezmotigh.blogspot.com

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