Guide to UK Car Insurance

This guide is compiled by Homeapproved, car insurance experts. Explained below are the key elements you need to be aware of when choosing a new UK motor policy.  

Car Insurance Groups
If you are renewing your current policy then you will be aware of the Car Insurance Group number that your vehicle is categorised under.

No Claims Bonus/Discount (NCD)
If you are currently looking to switch your car insurance partner, then you will probably be aware of the term No Claims Discount (NCD) or Bonus (NCB). These two terms are interchangeable and mean the same thing. 

Third Party Only Cover
Designed to cover the policyholder against damage to a third party's property or to the third party themselves.

Third Party Fire & Theft Policy
Exactly the same as above, however a Third Party Fire and Theft policy will pay out in the event that your vehicle is stolen or sets on fire.

Fully Comprehensive Policy
A Fully Comprehensive Policy will pay-out for third party damages and injuries, will pay-out in the event of your vehicle being stolen or set on fire, and will also pay for any damage to your own vehicle (regardless of whose fault the accident was). Best described as an ‘all risks’ cover for your car.

UK Car Insurance Regulation
Before accepting any offer for car insurance it is advisable to visit the web site of the Financial Services Authority (FSA). You can check on the FSA's register of regulated insurers by following the link in this paragraph.

Motoring Information
The Directgov website on motoring provides very useful information on driver licensing, learners and driving tests, buying and selling a vehicle and taxing & MOT.