There are different levels of motor insurance which provide cover at a wide variety of prices. The reason for this is that there are large differences in what you're actually covered for, so here's our brief summary of the major types of motor insurance.

Fully Comprehensive

You can choose to have a Fully Comprehensive policy which covers everything that a Third Party Fire and Theft policy would plus; accidental damage to your own vehicle, loss or damage to personal effects in the vehicle up to a stated limit and replacement of damaged/broken windscreens.

Some Comprehensive policies have extras such as 'personal accident' benefits or a 'medical expenses' policy added. Make sure you read your policy details so you know exactly what you are covered for.

Third Party fire and Theft

This level of cover does not provide you with any benefits for your vehicle in the event of an accident or incident. If you are happy to pay for any damages to your own vehicle then this maybe a viable option for you as this will be less expensive.

One third of motorists choose Third Party Fire and Theft. This is a good level of cover that provides the same liability cover as the Third Party only version plus it has the added feature of covering your vehicle for fire and theft incidents.

However, if you are selling your vehicle make sure you have received the agreed amount before parting with it, because your policy will not cover your loss if your vehicle is taken from you by deception.

Other Drivers & Driving Others Vehicles

When you come to insure your vehicle you must tell your insurer who you want to drive the vehicle. They will be particularly interested in their age, experience, driving record and occupation.

Today most policies will cover the policyholder in person to drive other vehicles. Usually your cover will be limited to Third Party Only even if you have a Comprehensive policy. You must have the car owner's permission first before you drive the vehicle.