What is Motor Insurance?
Motor insurance, also known as vehicle or car insurance, is a type of insurance that provides financial protection for drivers and their vehicles. Motor insurance is a legal requirement for all drivers in the United Kingdom, and policies typically provide cover for damage or loss caused by accidents, theft and other events.
There are three main types of motor insurance available in the UK: third-party motor insurance, third-party fire and theft motor insurance, and comprehensive motor insurance.
- Third-party insurance is the minimum level of coverage required by law and covers damage or injury caused to others because of an accident.
- Third-party fire and theft insurance provides coverage for damage or loss caused by fire or theft in addition to third-party coverage.
- Comprehensive insurance offers the highest level of coverage and includes protection for damage to the policyholder’s vehicle in addition to third-party coverage and fire and theft protection.
When taking out a motor insurance policy, it’s important to consider the level of coverage required and the cost of the policy. Always read the terms and conditions of an insurance policy carefully and be sure to look for and understand any exclusions or limitations.
Additional coverage options are also available, such as breakdown cover, which helps in the event of a breakdown, and legal expenses cover, which can help cover legal fees in the event of a dispute related to your vehicle.
Motor insurance can, and should, provide peace of mind and financial protection for drivers, helping to mitigate the costs of unexpected events and providing reassurance that coverage is in place in the event of an accident or other incident.
Why Choose KGJ for Motor Insurance?
Motor insurance is a fiercely contested sector of the industry, with many websites set up specifically to compare motor insurance policies and make the process of taking out cover as easy as possible. But when you take out an unadvised motor insurance policy off your own initiative, are you really getting what you’re paying for, and do you fully understand the exclusions, caveats and “gotchas” that may be hidden in the small print?
At KGJ we pride ourselves on providing unrivalled advice and policy brokerage to our clients, and all with your financial security and peace of mind at the forefront of our services. We don’t believe in nearest fit, catch-all policies that only broadly and vaguely cover your needs. A KGJ motor insurance policy will be carefully tailored to your exact needs, and we’ll explain the finer details of what your cover provides in plain English, ensuring you fully understand your new policy. And if anything does happen, KGJ will be there to help throughout the entire process – by your side for the duration of the policy. Can you say you get that level of service from a quick online car insurance deal?
Get in touch with KGJ now to discuss your motor insurance policy needs and expectations