Cover Types
Comprehensive cover is a bundle with edges, not a guarantee of everything
The word describes a wider set of promises than the alternatives, but the exclusions and conditions are the…
· 4 min read
Cover Types
Third party, fire and theft is a narrower promise than its name suggests
The three things in the name are three separate mechanisms, and none of them repairs your own car after a collision you caused.
By Vaishnavi Rao · · 4 min read
Cover Types
The excess is two numbers added together and only one of them is yours to set
A compulsory excess is the insurer pricing a slice of risk it will not carry; a voluntary one is a trade…
· 3 min read
Cover Types
Why a motor policy is written around a driver as much as around a car
Two risks are rated at the same time — the vehicle and the people permitted to use it — and most cover…
· 3 min read
Cover Types
The extras sold beside a motor policy are separate contracts with their own rules
Breakdown assistance, legal expenses, courtesy vehicles and excess reimbursement are distinct products…
· 4 min read
Cover Types
A modification is anything the car did not leave the factory with
Insurers rate a vehicle by its specification as built, so any departure from that specification changes the…
· 4 min read
Cover Types
Imported and unusual vehicles are hard to price because there is nothing to compare them with
Rating depends on a population of similar cars generating claims data, and a vehicle that arrived outside…
· 4 min read
Cover Types
A classic policy trades freedom of use for a price that reflects how little the car moves
Limited mileage, secure storage and an agreed value are conditions rather than benefits, and each one is a…
· 4 min read
Cover Types
A multi-vehicle policy is one contract wearing several certificates
Grouping the cars in one household under a single arrangement changes the price, the renewal date and the…
· 4 min read
Cover Types
Commuting, business use and hire or reward are three different jobs a car can do
Use classes exist because purpose, timing and mileage change the risk, and drifting from one class into the…
· 4 min read
Cover Types
A motor policy is three documents, and only one of them describes your particular contract
The wording, the schedule and the certificate answer different questions, and most cover disputes begin…
· 4 min read
Cover Types
An exclusion and a condition precedent both end a claim, and they do it from opposite directions
One describes an event the policy never promised to cover; the other is a requirement placed on the…
· 4 min read