What is insurance?

What is insurance?

Motor insurance is a way of protecting yourself against the financial risks of an accident, including repairs and medical costs. If you own a roadworthy vehicle, you must by law have at least third-party insurance. This covers the other party’s damage and injuries when you're involved in an accident and you're at fault. 


Two other common types of UK motor insurance are:


  • Third-party, fire and theft - which covers damage to others after an accident in which you're at fault
  • Comprehensive - which also covers damage to your vehicle as well


Find out more about insurance