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Car insurance is one of the biggest motoring-related expenses you have to shell out for, and the different types of cover can appear a little confusing. Keep reading to find out more about car insurance and which cover is right for you.

The main types of car insurance in the UK are:

• Third party
• Third party, fire and theft
• Fully comprehensive

Keep reading to find out all you need to know about car insurance in the UK and which level of cover you need.

Third party insurance

Third party car insurance is the most basic level of cover you can get and still be legal to drive. In theory, this should also be the cheapest option, however, this isn鈥檛 always the case.

Third-party insurance offers you the least protection if your car is damaged or stolen, in fact, it only really pays out for damage done to other people鈥檚 vehicles or property.

What does it cover?

• Damage to other people鈥檚 vehicle or property
• Any injuries you鈥檝e caused to others
• Injuries to your passengers

What doesn鈥檛 it cover?

• Your own injuries
• Accidental damage to your own car

Taking out third party insurance can be risky because if your car is stolen or damaged you won鈥檛 get any money back for it. If someone else hits your car, then their insurance will pay for the damage.

Third-party, fire and theft insurance

Third-party, fire and theft cover offers all the protection of a third party policy, so any damage you cause to other people鈥檚 property is covered.

As the name suggests, this level of cover includes protection for fire damage and the cost of replacement if your car is stolen.

What does it cover?

• Damage to other people鈥檚 vehicle or property
• Any injuries you鈥檝e caused to others
• Injuries to passengers
• Damage caused by fire, including attempted arson
• Cost of replacement if your car is stolen

What doesn鈥檛 it cover?

• Your own injuries
• Accidental damage to your own car

You do get more protection with third-party, fire and theft, however, you still have no protection if you鈥檙e involved in an accident that is your fault.

Fully comprehensive car insurance

Fully comprehensive insurance offers the best level of protection in the event of an accident. It may cost a bit more but it could save you a fortune if the worst should happen.

Comprehensive cover will pay out for accidental damage to your own car, even if it was your own fault. You also get all the same cover as you get with third-party, fire and theft.

What does it cover?

• Damage to other people鈥檚 vehicle or property
• Any injuries you鈥檝e caused to others
• Injuries to passengers
• Damage caused by fire, including attempted arson
• Cost of replacement if your car is stolen
• Accidental damage, even if it was your own fault

What doesn鈥檛 it cover?

• Breakdown cover
• Windscreen protection

Some policies can have things like breakdown or windscreen cover added optionally. It鈥檚 worth shopping around for the best prices because sometimes getting breakdown cover separately can work out cheaper.

Are there any other types of car insurance?

There are a few different types of specialist car insurance that offer specific benefits depending on your car and situation.

Classic car insurance

If you own a classic car, the chances are you don鈥檛 drive it every day. This is where classic car insurance comes in, possibly offering cheaper cover than a traditional policy.

Any car over 15 years old usually falls into the classic category, however, this will vary between providers.

If you aren鈥檛 driving your classic on the road, you can get laid-up cover. This will cover your car if it鈥檚 damaged in a fire or stolen, however you can鈥檛 drive the car and it must be registered as SORN with the DVLA.

Telematics cover

Telematics cover can be a good option for new drivers who are looking to reduce their cover in the first few years on the road.

These are also referred to as 鈥榖lack box鈥� policies and involve having a tracker fitted to your car that monitors speed, acceleration and braking force.

Some policies offer discounts for safe driving, and some can increase your premiums or even cancel your policy if your driving is considered dangerous.

Learner driver insurance

Learner driver cover is great for those looking to hone their driving skills outside of their professional driving lessons. Most learner driver policies only cover you for lessons and your actual driving test, so you can鈥檛 use it to cover you for trips or test drives.

You still need to have a qualified driver in the car with you who is over 21 years old and has held their licence for at least three years.

Track day insurance

Your normal insurance policy won鈥檛 cover you to use your car on the racetrack or for any form of motorsport. You can buy separate motorsport insurance to cover you if your car gets damaged while you鈥檙e hooning around the track.

Temporary car insurance

Also known as 鈥榯emp cover鈥�, this will insure you for a short period of time to drive a specific car or cars. Temp cover can be particularly useful if you are test-driving a new car being advertised by a private seller, or if you need to drive a friend or relative鈥檚 car for a few days. Companies specialise in selling temporary car insurance, but it may sometimes be cheaper to insure another car for a short period of time on your own insurance policy.

Your comprehensive car insurance might already cover you for driving other cars (DOC) but this level of cover is usually set as third party only. If you want more comprehensive cover while driving a car you don鈥檛 own, it might be best to get a separate temporary car insurance policy.

If you鈥檙e test driving a car sold by a dealership, you probably won鈥檛 need to organise your own temporary cover 鈥� but it鈥檚 best to check before you get behind the wheel.

Driving abroad insurance

As with temp cover, there are specialist companies who will insure you when you鈥檙e abroad, but it may make more sense from a financial perspective to just upgrade your existing policy.

Electric car insurance

Electric cars don鈥檛 need specialist insurance, but some companies are better set-up to cover EVs with tailor-made policies that cover batteries and charging cables, for example.

What about car insurance extras?

You can pay for optional extras on top of your standard cover, and sometimes they can save you a lot of time and hassle 鈥� though sometimes they add unnecessary expense, depending on your needs and circumstances. Either way, most of these are add-ons for which you鈥檒l pay more, though some insurance policies will include them in the cost of cover 鈥� all the more reason to shop around when taking out car insurance.

• Breakdown cover You may be able to secure this for free from your credit car company, or the garage that services your car, but many insurers offer breakdown cover, and it may make sense to take this out, depending on how competitive the price is.
• Courtesy car cover聽If your car is involved in a collision and needs to be repaired this will keep you mobile, though there tend to be limits regarding how long you can get a courtesy car for, and it may not be the flashiest car in the world.
• Windscreen cover聽As the name suggests, if your windscreen sustains damage, this type of cover will see it repaired or replaced, often with a minimal excess
• Replacement key cover Again, this is self-explanatory: lose your keys and you can get a new set provided by the insurer. Look into the cost of a replacement key, and balance this out against how likely it is you think you may lose one, and if it鈥檚 worth it.
• Personal accident cover聽If you sustain an injury in a collision, your insurance may pay, say, 拢10,000, but personal accident cover can increase this significantly, though some versions only cover specific, serious injuries, such as the loss of a limb.
• Motor legal protection聽You will be protected by a normal insurance policy if another driver sues you following an incident, but legal protection will also see you covered against expenses if you are in an accident that is not your fault. It can also help towards lost earnings and personal injury, though different policies cover different things.
• No claims bonus protection聽No claims bonuses build up over time and see the cost of insurance reduce, but if you need to make a claim you will lose the bonus unless you have protection against it 鈥� though you聽 will typically need to have three or more years no claims bonus built up in order to be able to protect it.

What are voluntary and compulsory excesses?

If you need to make an insurance claim you will need to pay an excess of a few hundred pounds. The compulsory excess will be set by the insurance company, but you can also choose to have a higher excess using the voluntary aspect. This will see you get a cheaper annual premium, but if you do need to make a claim you will pay a higher excess.

What impacts the price of different types of car insurance?

Lots of things. Some insurance companies may be geared around older drivers, for example, and while they might insure younger drivers their prices may not be competitive. Third-party cover used to be a lot cheaper than comprehensive insurance, until insurers started to realise third-party drivers actually represented a higher risk, so there鈥檚 much less of a difference these days, and comprehensive cover can sometimes be cheaper, even though it covers more. Some insurance policies cover things that others may charge extra for, too.

Where you live, what you do for a living, how much you drive, what sex you are, how old you are, what your driving record is like, where you park your car, and other such personal factors will also have a huge impact on how much you pay for cover.

Car insurance FAQs

What鈥檚 the best type of car insurance?

The best type of cover is the one that works best for you and meets your insurance needs. But comprehensive cover offers the highest level of protection and in some cases, is actually cheaper to buy.

So when you鈥檙e getting quotes for your insurance, it鈥檚 worth checking the difference in price between comprehensive cover and third party or TPFT. It might work out cheaper to buy more cover!

What鈥檚 the cheapest type of car insurance?

Third-party cover will usually be the cheapest, however, it also offers the least cover for you. If your car is stolen, it鈥檒l be a total loss to you and you won鈥檛 get anything back for accidental damage.

How do I know what my car insurance covers?

The details of your cover will be written into your policy documents.

Does the type of car affect insurance rates?

The type of car you have will have a big impact on your insurance premium. Usually, the more expensive your car, the more it鈥檒l cost to insure. The performance levels of your car will also affect your premium.

You can find the cheapest cars to insure through carwow

Is car insurance a legal requirement?

You legally need to have car insurance to drive and park on public UK roads. The fines for not having coverage can be huge, and you can get six points on your licence.

What details do I need to insure my car?

You鈥檒l need your car鈥檚 registration number and the details of when you bought it. You鈥檒l also need to provide your address, where the car is kept overnight, how many miles you drive per year and what you use the car for.

You鈥檒l need to provide your driving history as well. The insurance company will ask you how long you鈥檝e been driving if you have any points on your licence and whether or not you鈥檝e been in an accident before.

Your insurer might ask you a lot of questions that might seem irrelevant to covering your car 鈥� like your marital status, how many children you have, or your job. But all of these questions help build up a risk profile which helps insurers work out how risky you are to cover.

The important thing is to be honest with the insurer 鈥� otherwise you could end up invalidating your cover if you mislead them.鈥�

Do I need to insure a car that鈥檚 off the road?

If your car is declared off the road and parked on private property, it doesn鈥檛 need to be insured.

You won鈥檛 be able to drive the car unless you insure it, and the car can鈥檛 be parked on a public road either.

How to cut insurance costs?

From considering your job title to getting your mum as an additional driver, check out our guide on how to cut your insurance costs.

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