Getting a good car insurance cover for your car is very important. Just like shopping for goods in a market, one looks at the quality, necessity, suitability and features that it offers according to the needs at hand. There are three main forms of car insurance cover and they include:
Third party car insurance
This is the most basic type of car insurance. It offers protection to car owners and their drivers from any form of legal liability for personal injury to other people in cases of injury claims. This type of insurance is the lowest and most basic level of car insurance and a legal requirement by the state. With this cover, one is always sure that injury to a third party or damage to other people’s property will be compensated.
You are offered protection from litigation and this means that the insurance caters for the financial settlements in case of injury from road accidents. A car that does not abide by this type of insurance goes against the law, and it means that the driver and the car owner have to be charged at the courts.
Third party fire and theft
Just like the third party car insurance, this policy covers third parties as well as their vehicles, or even their property in case of an accident. However, this policy goes another step to protect the owner of the car or the driver in case of the injury caused through an accident or damage caused by fire. According to research, one of the most common problems for motorists is theft, but thanks to this type of cover because you are also covered and assured of compensation in case your car is stolen.
This is a type of insurance that is preferred by most people, it acts as long term care insurance to the car and the car owner due to its many benefits. It offers protection in case anything unexpected happens to the car, no matter who is at fault. In case of an accident, the insurance company caters for all the costs required for repair. This is the best type of insurance although a bit costly but worth it in the long run. The insurance policy provides a number of benefits some of them include:
• Its comprehensive nature – This means that the car is fully insured against any type of uncertainties such as: earthquakes, landslides, fire and any other damages due to natural disasters.
• Medical cover – This ensures that medical bills are taken care of depending on the policy limits. These can include medical bills of passengers involved in the accident.