Choice Between Car Insurance or Third Party

Thanks to advances in technology, shopping online has now become a common practice among consumers. Insurance quotations are also available from most of the major insurance companies. It is now possible to obtain competitive car insurance quotes on the internet with the click of a button. Car insurance Donegal brokers also have online connectivity with the major insurance companies in Dublin so it is possible to walk into a broker in Donegal and have immediate access to comparative car insurance quotes.

Every driver is now looking to find the cheapest car insurance quotation and do their best to save some money. With this in mind, some research should be carried out before committing to any one car insurance company. It would be useful before going online, to talk to other car drivers, like colleagues and friends, to learn about their experiences with their car insurance Donegal brokers. A balance needs to be struck between the cover you are offered and the premium you are prepared to pay.

Next time you decide to change your car, it would be a good idea to establish which cars and engine sizes attract lower premiums. In the UK, cars are graded into different groups for car insurance purposes. The group classification is decided by the value of the car, the engine size, and the safety features of the car among other criteria. An example of a Group 1 car would be the Toyota Varis or the Citroen C2. On the other end of the scale an example of a Group 20 car would be the BMW 7 Series or the Mercedes Benz CLS. There is a huge gap between the insurance premiums for a Group 1 car as opposed to a Group 20 car.

The next thing to consider is what type of insurance you require. The two most common types in the UK and Ireland are Fully Comprehensive and Third Party Fire and Theft.

Fully Comprehensive car insurance typically provides you with the most cover depending on the insurance company. The policy document should be carefully examined before a commitment is made. Generally, comprehensive insurance will cover the following:

· windscreen replacement

· repair or replacement of your car following a collision

· compensation if your car is stolen

· injury to you or third parties

· rental of a car while your car is being repaired

· damage to a car or property belonging to a third party

Third party fire and theft car insurance is much cheaper than comprehensive and the cover level is considerably less. However, many drivers opt for this cover, especially those looking for cheap car insurance.

A typical Third Party Fire and Theft policy will include:

· damage to a third party car and this excludes damage to your car

· injury to third parties

· repair or replacement of your car in the event of a fire or if stolen

Another factor to remember is that the use of the car will have a bearing on the cost of the car insurance. It is important to clearly state whether the car will be used for personal or business uses.

The main category for personal use is called Social, Domestic and Pleasure. It is important to establish with your insurance provider if this type also covers commuting to and from work.

Within the business category there are three distinct classes.

Typically Class 1 will cover business use which includes driving from one business premise to another. It will generally exclude a named driver.

Class 2 generally does cover a named driver and the policy may specify that the named driver should have the same occupation as the insured driver.

Class 3 generally provides for Class 2 above and in addition will allow for the carriage of goods.