Third Party Fire and Theft Car Insurance

Car insurance is a legal requirement for any motorist on the UK roads and this is the second article in a series looking at the types of cover that are available to the motorist. This article will follow on from the first that looked at third party car insurance and look at third party fire and theft car insurance cover.

Third party fire and theft car insurance cover could be classed as the intermediate type of car insurance cover available to a motorist on the UK roads. This type of insurance is very similar to that of the previously discussed third party car insurance.

In the event of an accident the policy holders vehicle is not covered for damage, this means that if an accident is deemed to be your fault or does not involve any other vehicles you will be responsible for any repair costs incurred. In the event of an accident involving other motorists your policy will cover any damage to other parties vehicles if the accident is deemed to be your fault.

If you are unlucky enough to be the victim of car theft then you can be safe in the knowledge that a third party fire and theft car insurance policy will cover the market value of your car.

The same is true if your car is damaged or written off as a direct result of fire. You can expect your car insurance company to cover you for damage up to the value of the car or alternatively the full market value of the car in the event of the vehicle being written off. A basic summary of third party fire and theft car insurance can be seen in the table below.

This type of car insurance offers the policy holder a good level of cover and is very popular within the motoring community. This type of vehicle insurance can prove very cost effective for motorists with a car that has a relatively low market value. This type of policy can also be a good option for new or young drivers that find car insurance policies with greater cover too costly.