How Car Insurance work ? #pubgitem.co

The whole point of insurance is that it covers you for whatever life throws at you and there's just no knowing what that might be to stay on the right side of the law you need third party insurance at least and if your car is worth more than two

thousand pounds you really ought to go for comprehensive cover this sometimes costs a little more than lower level

cover but gives you far greater protection your choice of vehicle can make a big difference to how much your insurance costs cars are categorized in two classes depending on their value engine size power and repair costs so a car in Group one will be much cheaper to insure than one in group fifty an insurance company gathered in the premiums from all of its customers

knowing it will have to pay out when a claim is made the idea is that more money comes in through premiums then is paid out in claim costs as a young driver it might seem unfair that you have to pay insurance premiums worth more than the value of your car but the alternative is shouldering the real costs of an accident including any personal injury costs while cars can cost a lot to fix people tend to cost a lot more so while broken cars can lead to big payouts broken people lead to even bigger settlements personal injury claims usually account for more money

paid out than car repairs we know of one single car crash that cost an insurer 18 million pounds because there were four huge personal injury claims involved suddenly a 2,000 pound premium doesn't seem like such a bad idea