Saturday, November 10, 2007

Cheap Car Insurance - Know First The Types Of Insurance Available

By Allan Elvin

As insurance today is becoming one of the most popular thing to avail for people around the world, the rush of hundreds of insurance companies are natural. That is why people willing to buy an insurance are often confused when it comes to deciding about which insurance will be suitable for him. Car insurance among all the insurance types is one of the most availed insurance in UK, as it is mandatory for people to have an insurance for their car. As most of the car owners would be looking for cheap car insurance, the article includes information about the types of car insurance knowing which will be helpful in giving you a good insurance deal.

Basically there are three types of car insurance – third party, third party, fire and theft, and comprehensive insurance. All three types are designed to meet diverse insurance requirements of car owners, they are easily available. And to avail a Cheap Car Insurance, it is important that the best type of insurance is availed. Third party insurance of car insures the car of a third party which you are driving, and get damaged. The insurance will not cover your own car, but the car of third party which you are driving. While third party, fir and theft insurance will not only cover your own car, but also cars of third party. It will compensate you for all the damages caused by fire and theft.

On the other hand, comprehensive insurance is more broad and covers almost all kind of damages, be it accident, theft or any damage caught by fire. Thus before one is prepared to buy a cheap car insurance, it is important that he is well aware of all the options available in the market. Knowing it may help him positively in getting an insurance at cheap price.

Allan Elvin is an MBA in Finance and has a rich experience of writing on topics related to finance. He professes special interest and expertise in Cheap Car Insurance and in guiding you on its various details.

Article Source: http://EzineArticles.com/?expert=Allan_Elvin

1 comment:

Betty said...

I agree that a person should carefully understand all the available types of car insurance policy to make a better choice and also to save some money. There are numerous coverage options that are meant to suit the needs of all the people, so its wise to choose those options that are helpful.
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