The cost of car insurance is rising all the time and there has been an increase in recent years, of people driving without a car insurance policy. Unfortunately, if these people cause an accident on the roads, the consequence is that the cost of all car insurance policies is pushed up even further.
To clarify the different types of vehicle accident insurance policies available, we have listed them below, and explained exactly what each policy includes.
Third party insurance policy
This type of policy is the legal minimum required to drive on the roads. It is a basic policy that covers damage to the car, property or any other liability to a third party, but does not cover repairs to your own vehicle.
Third party fire and theft
This vehicle accident insurance policy covers all the third party liabilities as above, and also covers you if your car is stolen or damaged by fire. It is a step up from the basic third party insurance and provides a little extra cover for yourself, but does not pay for the repair of your own car.
Comprehensive vehicle accident insurance
This type of policy provides much greater protection, as it covers repairs to your own car even if you are the cause of an accident. You pay an annual ‘excess’ which is the amount you will pay for any repairs if you make a claim, and this should be the limit of your liability.
Making a claim for compensation
Unfortunately, many car accidents insurance policies do not include the ability to claim for personal injuries you have suffered as the result of an accident that was not your fault. If this is the case for you, we may be able to help you make a claim through us.
With the support of a network of legal partners, we help thousands of people every year to claim personal injury compensation following an accident that was not their fault, and operate a 24-hour helpline for advice and guidance. If you think that you may have a claim, consider whether these 3 criteria apply to you:
- Your accident happened within the last 3 years
- It was not your fault
- You received treatment for your injuries following the accident
These are the general criteria that apply to making a car accidents insurance claim, so if you think you are eligible, just give us a call and we can tell you what the process involves.
We operate on a no win, no fee* basis which means that there is little financial risk to you in making a claim, and it will cost you nothing in advance, so phone Accident Advice Helpline to see if you can make a claim for compensation.
Call now on 0800 689 0500 or 0333 500 0993.
Date Published: 11th January 2013
Author: David Brown