UK Financial Online

The team here at UK Financial Online have compiled a list of questions and answers about all the products we feature here.

Fully Comprehensive, Third Party Fire And Theft Or Third Party Only.....What Is The Difference?
There are three types of car insurance cover which we will outline as follows:-
Fully Comprehensive Car Insurance is cover for all and any insurance accident that may occur. It will cover both you, and any party involved in the accident for any damage over and above your voluntary excess, (see explanation below). It means you have insurance cover regardless of the circumstances of the accident subject to the terms of the policy.
Third Party Fire And Theft Car Insurance is cover for any persons and properties other than yourself if involved in an accident as well as cover against total loss through theft or fire. This means for example, if you hit a tree and damage your vehicle, you will have no course to claim. If you hit someone else's vehicle and it is found to be your fault, then they will get their damages covered under your insurance, but you will not.
Third Party Only is cover the same as Third Party Fire And Theft only without any fire and theft cover.

What Is Voluntary Excess? Voluntary excess is the amount you are prepared to pay out of your own pocket as an uninsured loss. So if your voluntary excess is £200.00 and you claim for £1000.00 of damage you will pay the first £200.00 of that amount and the rest will be paid by you insurer. Rule of thumb is the higher amount you are prepared to pay, the less your insurance premium will be.

Why Get My Car Insurance Online? A company offering online insurance quotes will pass on some of the savings they make if you apply via the internet. They can do this as the internet part of their business requires minimum staff who can be located in low cost area's geographically so the cost of the service to you is low. As such a discounted premium can be offered to you the customer.

Why Get a Quote From An Insurance broker? An insurance broker will already have a relationship with numerous insurance providers. The broker will therefore have relationships and specialised knowledge that enable him to obtain competitive quotes from a number of reliable insurers. 

Is it safe to give all this personal information Over The Internet? In a nutshell yes. When you click on our "APPLY" button you go through to the relevant insurance providers website. This is hosted on a secure server and they are bound by the data protection act to ensure your details and any information you give them are secure.

What about Insurance Cover If I Drive Abroad? Many fully comprehensive motor insurance policies offer this as standard if you are going to a EEC country. We advise however you check the terms and conditions any all other details if you are concerned. If you are still unsure contact your insurer before taking you car abroad.

How Many Car Insurance Quotes Should I Get? We would recommend you get at least 3 different quotes before making a decision. You can never get too many really so go till you feel happy with what you've got. Make sure you shop around and remember the cheapest quote may not be the best policy for you so check all the details carefully.

Who Do I Contact If I Have An Accident? When you take out an online insurance policy for you vehicle you will receive all the necessary details including how to contact your insurance provider in the event of any accident or query.

Should I Get The Legal Cover Offered With The Car Insurance Policy and If So Why? Just about every insurer will offer you legal expenses cover as an addition to your motor policy, we would advise you take this up. If  you are involved in an accident that results in any sort of compensation claim, the legal cover means representation will be provided for you.