Сar insurance money

Fully comprehensive is traditionally the most expensive and covers everything - damage to your car, personal injury costs and any third party's vehicle and property.
On very old, cheap cars, annual comprehensive premiums can cost more than the car is worth. But it's a must if you are buying a car using a credit agreement or a loan because if the car is a write-off or stolen you still have to continue paying the finance.
Third party insurance is the minimum legal cover allowed and is typically comparatively cheaper. It covers damage to the other person's car or compensation but if your own car is stolen, burnt out or damaged it is not covered. Third party will often come as third party, fire and theft or can be beefed up using add-on insurance such as Fire and Theft.
But is third party cheaper?
If you are considering third party insurance double check that it is actually cheaper. One of the upshots of the rising cost of insurance for young or risky drivers over recent years is that third party cover - the one they usually take - has shot up in price and can be more expensive than comprehensive. The best way to double check is to use a car insurance finder, such as This is Money's.
How the no claims discount works
You typically get a 30% discount after one year of claim-free driving, rising to 65% after four or five years. But companies vary. Some go up to a 70% maximum while others specialising in younger drivers will give higher discounts at an earlier stage.
Many insurers now offer the opportunity to pay a bit more to protect your no claims bonus. The rules vary but you may be able to make two claims in three years, for example, before your bonus is affected. Protecting your bonus will not stop your insurer from hiking up the premium at renewal following a claim. But at least you won't lose your no claims bonus on top.
Other options: your policy decoded
Protected no claims
This is an added extra that will cost you around £50 or more, depending on your insurance cost. It means that if you make a claim you do not lose your all important no claims discount. Usually, it protects you against the first one or two claims in a year, or over a longer period.
Legal protection
This is an added extra that covers your legal costs if you are involved in an accident and it isn't your fault, this covers the cost of solicitors going after some compensation for you, for either an injury, the loss of your car for a period of time, or the cost of your public transport. It adds about £25 to a policy. Whether it is worth it is a grey area, as there are plenty of no-win, no-fee solicitors out there for injury claims. On the other hand, it costs about £2 per month for some piece of mind.
Car hire / courtesy car
If you are in an accident this will provide a car for you while yours is being repaired. But be aware almost all have time limits and you will not get the use of a hire car forever. It's worth considering whether in the case of an accident you could do without your car.
Legal cover and car hire warning
If you are in an accident that isn't your fault, it's highly likely you will be offered the chance to try and get a hire car through legal cover, ie a solicitor acting on your behalf will claim against the other party. Remember, these costs are not guaranteed to be won back and should be reasonable, otherwise you may face problems down the line.
1. You're a statistic.

To an insurer, you're not a person, you're a set of risks. An insurer bases its premium (or its decision to insure you at all) on your "risk factors," including some things that may seem unrelated to driving a car, including your occupation, who you are and how you live.

2. Insurers differ.

As with anything else you buy, what seems to be the same product can have different prices, depending on the company. You can save money by comparison shopping.

3. Don't just look at price.

A low price is no bargain if an insurer takes forever to service your claim. Research the insurer's record for claims service, as well as its financial stability.

4. Go beyond the basics.

Most states require only a minimum of auto-insurance liability coverage, but you should look for more coverage than that.

5. Demand discounts.

Insurers provide discounts to reward behavior that reduces risk. However, Americans waste money every a year because they forget to ask for them!

6. Ask for the real thing.

Insurers cut costs by paying only for car parts made by companies other than the car's manufacturer. These parts can be inferior. Demand parts by the original equipment manufacturers.