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

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