Your questions answered

Do I need car insurance?

Car insurance provides you with cover if you’re involved in a car accident. Car insurance is also a legal requirement for those who own or drive a car unless it has been declared off road and kept on private property. If you’re uninsured, you can be arrested, fined or prosecuted.

• What will my car insurance cover?

In the event of an accident, most insurance policies cover damage to your car and/or other vehicles, injuries and property damage. Insurance policies also tend to cover fire damage and attempted or actual theft.

The cover provided by car insurance policies can vary, so check the small print for exclusions or limitations.

Types of insurance cover

COMPREHENSIVE

Comprehensive insurance cover provides the most cover, protecting you, your car, and others in the event of an accident.

THIRD PARTY, FIRE, AND THEFT

Third party, fire and theft (TPFT) offer the same level of cover as third-party, but also covers you if your car is stolen or damaged by fire.

THIRD PARTY ONLY

The most basic car insurance policy; it only covers injuries or damage to other people. That means you won’t be protected if you’re injured, or your car is lost, stolen, damaged or destroyed by fire.

What is an insurance premium?

An insurance premium is the money you pay for your insurance policy. Some insurers allow you to pay your premium in instalments, while others will require you to pay it in full at the start. If you don’t pay your insurance premium, your policy may be cancelled.