INSURANCE

Owning and driving a car means taking on many risks to yourself and others. When a traffic accident happens, damage, injuries, loss or all of these factors may be inflicted upon you and others. Damage and loss of your property may also occur. Fire, theft, vandalism and natural insurance are other possible risks.

Motor insurance is a contract between you and the insurer, specifying each party's rights and obligations. Essentially your insurer promises to provide specific coverage for you in return for your payment of premium.

Insurance companies provide motor insurance through personal auto policies (PAP'S). A PAP is a contract between you and your insurer, specifying each party's right and obligations. Essentially, your insurer promises to provide specific coverage for you in return for your payment of a premium insurance.

Motor insurance is designed to protect yourself and others against these risks. insurance provides financial cover and can also offer other services (eg. A hire car if your vehicle is under repair from accident damage) when the need arises.

Why do I need it? It's the law! The minimal legal insurance requirement to drive in the UK is Third Party Only, this insures against loss and injury to others. If you are the cause of an accident the insurer will pay your liability to other people involved in the accident.