Most young drivers looking to buy car insurance are often left paying more than experienced drivers. We get it. You want insurance that suits your needs without paying through the roof.
Explore these tips and tricks to help you understand your car insurance options and save a few dollars along the way too.
Comprehensive Car Insurance
Comprehensive is your ‘bells and whistles’ cover and is a popular option for many motorists. It provides a higher level of cover for accidental damage or loss, letting you enjoy the full protection of your vehicle even if you’re deemed at-fault in the accident.
It’s important to remember that there is an amount you’ll need to pay, regardless of what car insurance you have, when making a claim on your policy.
Third Party Car Insurance
This covers you in the event of an accident for damage to another vehicle or property, if you’re found to be at fault. It can be a handy insurance to have when you know that you can’t afford to repair damage out-of-pocket.
Third Party Fire & Theft Insurance
An optional extra for damages sustained to your vehicle on top of third party. You guessed it – this provides cover against fire, theft or attempted theft.
Compulsory Third Party (CTP)
CTP Insurance covers the driver of a car for personal injury caused to someone else. However, it doesn’t cover damage to your own vehicle or someone else’s vehicle or property, so you could still be out-of-pocket if you don’t have additional car insurance and you’re in an accident.
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