Understanding Car Insurance - Key Features to Look For
If you’re looking for car insurance, whether it’s for the first time or because you want a change from your current policy, one of the most important things is that you know exactly what you’re looking for. It’s easy to be swayed by a fantastically low premium, but the truth is that cheap car insurance won’t do you any good if it doesn’t cover the main features you need. Only you can really know what you want from your car insurance, but it always helps if you know a few of the key features that are being offered at the moment.
Courtesy Car. It’s always worth checking to see if the car insurance company you are researching offers to provide you with a courtesy car whilst yours is being repaired. This generally makes life much easier for you as a driver, particularly if you commute to work or find yourself driving on a daily basis. Generally, most insurance policies now come with this guarantee
Breakdown Cover. Not all car insurance companies provide breakdown cover, but it’s a very useful thing to have. Breakdown cover basically ensures that, should you breakdown in your vehicle, you will receive assistance and some help towards covering the cost of the inconvenience. Companies like ASDA offer an optional breakdown service from around £6.30 a month, which gives you roadside assistance, recovery, home start, onward travel, emergency overnight accommodation and European cover. Alternatively, banks like NatWest offer discounts on other breakdown services, like Green Flag Motoring Assistance.
Legal Expenses Cover. Legal expenses cover generally comes as an optional addition to any car insurance policy, and means that (for an extra fee) you can be covered in the case of uninsured losses from an accident that is not your fault. Most companies, including ASDA and Alliance & Leicester provide anything up to £50,000 to help cover these expenses.
Named Drivers Earn No Claims Discount. Some policies also allow all named drivers (not just the policy holder) to earn no claims discount, meaning that they can put it towards any individual policy later on. This can be particularly helpful for families with young adults sharing the family car, as they may later be able to use this no claims discount on their own vehicle. Co-operative car insurance UK for instance offer named drivers up to three years No Claim Discount
Personal Injury Cover. It is always important to check that your potential car insurance policy has adequate personal injury cover, which will provide funds to help in the case that you or your partner are injured in a motor accident. Different companies are likely to provide different sums in this case, for example NatWest provides up to £5,000 and ASDA provides up to £7,500.
There are many different features that appear in car insurance policies, but as long as you know exactly which of those features are important to you then it should help you to make an informed decision.
Prices and products are correct at the time of writing (30.05.08) and may be changed at the discretion of the provider.
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