car insurance the facts

Principles of insurance

Insurance facts
There is a lot of data written about car insurance and I have written these notes to help you understand some of the more common terminology a little more clearly. First of all you need to understand that you have to have your car insured by law if you intend to drive it on the public roads. This is for two main reasons

Should you run into a pedestrian or another vehicle (moving or parked) then the insurance company you are with can pay out compensation Should you damage your car then you could claim damages through your insurance company There are many different types of insurance you can have for cars, here are the ones that concern you as a new driver.

3rd party -
this is the minimum type of insurance you need to have by law. What it means is if you are involved in an accident, the person you hit (vehicle, goods, or person themselves) can claim money from your insurance.

3rd party fire and theft -
this covers your costs as shown in item 1 plus if your car catches fire, or is stolen, then you can recover some of the costs involved in replacing or repairing your car.

Comprehensive -
this means that you are covered for items 1 and 2, plus you could have your car repaired at the insurers cost. The first type of insurance mentioned i.e. 3rd party does not cover you for repairing your own car.

Some conditions that influence your insurance price quote
Your age
Your driving record
Where you live
Is your car garaged or off the road at night?
Your car make and model
Does your car have an immobiliser device fitted
Have you passed your driving test?
Do you smoke?
Are you male or female? (males under the age of 25 pay more than females)
Your job
Do you use your car to go to work?
Do you use your car for your work?

Buying your first car
When you buy your first car the natural tendency is to find something cheap, just in case you have an accident, but this ´cheap´ car can be false economy as far as insurance goes.The cheaper the car the less chance it will have the right type of security and safety measure to impress an insurance company.

It is more likely to be stolen or ´written off´ (completely scrap) in an accident. Some of my students have bought cars for £800 and paid over £2,000 for insurance. Motto: Do your research.

Intensive driving course - Birmingham

Best intensive driving course Birmingham
One of the best intensive 5 star driving course's in Birmingham can be can be taken in Birmingham with MAL Driving School over any period from 1 day up to 10 days.

Intensive driving course lessons are carried out in Birmingham and tests taken at either ings Heath or South Yardley driving test centres. All lessons are private and confidential for every student. No car sharing is allowed and all intensive driving courses are competitively priced and represent excellent value for money.

Check out MAL driving school