Understanding different types of car insurance:

Third-party or Liability cover:
Third-party cover, also known as liability insurance, is a type of car insurance that covers another individual in the event of an accident should you be held responsible for any damages to their car, injuries, accidental death and damage to property. Policies offer limited cover as they only protect the person that sustains injuries caused by you. However, they do not cover you for any damages due to an accident.
Third-party insurance is ideal due to its low price; it is the most affordable car insurance policy offered by insurers.
So if your vehicle is fully paid off or you can afford to repair any damages sustained, this type of insurance is perfect for you.
Third-party Fire and Theft insurance:
This insurance coverage protects other motorists should you be liable for causing an accident resulting in injuries, damage to property and accidental death.
In addition, this policy protects you against accidental damage caused by fire, theft, and hijacking.
Third-party Fire and Theft cover is also affordable for motorists who tighten their belts during these challenging economic times.
Comprehensive Car Insurance:
Comprehensive car insurance covers damages to your vehicle from collision and non-collision events such as theft and hijacking, vandalism, or natural disasters such as hail-storms and other weather-related disasters.
In a claim event, you are only responsible for the excess to repair or replace your vehicle.
Comprehensive car insurance can be more expensive than other types because it provides a broader range of coverage. This policy can also offer additional benefits like a courtesy car/car hire, towing and credit shortfall, resulting in a higher cost of cover-age than other types of policies.
Comprehensive car insurance is perfect for all motorists; the peace that comes with knowing your vehicle is fully covered can’t be emphasised enough.