Third Party Only Car Insurance
What does third party only insurance cover?
If you’re involved in an accident this type of insurance only covers the other driver’s car and compensates for any injuries they receive or damage to their property. You and your car are not covered in any way.
How is third party only insurance different to third party fire and theft, and comprehensive?
Third party only insurance just covers the damage done to the other driver’s car, property, or pay for any injuries they get in an accident when you’re at fault.
The next tier up of car insurance is third party fire and theft. This only covers your car, if it’s damaged by fire, stolen, or if someone has damaged it in a botched attempt to steal it.
Comprehensive is a more complete package, and will cover your car in an accident, even when you’ve been shown to be at fault, as well as any third party. But it’s worth keeping in mind that as an at fault driver you receive minimal cover for your injuries. Some customers therefore opt to buy Personal Injury Benefit, which can give you greater financial cover if you’re at fault and injured.
Is third party insurance a cheap alternative?
For a while third party only insurance was the cheaper option for people who only wanted the most basic car insurance, but for some people the amount they pay for third party only does not differ that much from a comprehensive policy.
Are there any advantages to buying third party only insurance?
This all depends on your situation, and it’s important you weigh up the pros and cons when selecting the best level of car insurance for your needs.
But it’s worth keeping in mind that you and your car won’t be covered in any way, so you would have to foot the bill for any repairs needed.
Do Sheilas’ Wheels offer third party insurance?
We don’t offer third party only insurance, the lowest level of cover available to our customers is third party fire and theft. The key difference between the bottom tier levels of insurance and a comprehensive package, is the all round protection you receive for you and your car, including accidental damage and windscreen cover.