Types of Car Insurance

Auto Insurance is a must regardless of whether you are a good or bad driver, experienced, or inexperienced. This is to ensure that you're insured in the event that your car is stolen or involved in an accident. There are a variety of insurance available depending on your personal need, and each type of insurance has its own cost. So, here are the two different types of auto insurance that you need to know.

First is the Fully Comprehensive Car insurance. It is a complete policy and it insures most of the accessories in your vehicle. In case of accidents, you are fully covered for all the damages incurred for both your own car as well as other vehicles. This type of insurance coverage is usually recommended for new or novice drivers. Often, this will always be more expensive and the premium will depend on the sum insured.

If you don't need a fully comprehensive insurance, choosing a third party insurance is a viable option as well. It is slightly cheaper but not all the accessories are covered inside the policy. For example, overheated engines and chipped windows are usually not covered by the policy. If any accidents do occur, the policy only covers the actual damages done on the other vehicle as well as the injured passengers in your car. Damages on your own car will likely be fixed by yourself. This type of auto insurance is suitable for experienced drivers.