Close Menu
Zero2Turbo
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram RSS
    Zero2Turbo
    • Home
    • Contact
    • Videos
      Featured

      BMW M2 CS Grabs Compact Car Nürburgring Record

      By Zero2TurboJuly 3, 2025
      Recent

      BMW M2 CS Grabs Compact Car Nürburgring Record

      July 3, 2025

      Akrapovic Exhaust Now Available For Your New V8 Hybrid Bentley

      July 3, 2025

      1,341 HP (1,000 kW) Mercedes-AMG Concept GT XX Previews Next GT 4‑Door Coupé

      June 26, 2025
    • South Africa
    • Zero2Turbo Telegram
    Zero2Turbo
    Home»Zero2Turbo»Do You Really Understand Your Insurance?
    Zero2Turbo

    Do You Really Understand Your Insurance?

    By Zero2TurboApril 12, 2017Updated:June 12, 2017No Comments
    Facebook Email Twitter LinkedIn Telegram WhatsApp
    Share
    Facebook Email Twitter LinkedIn WhatsApp Telegram

    Everyone knows that they have to get car insurance in order to legally drive on the roads. What with it being so expensive, it’s an essential cost that motorists have to budget for every year, but how many drivers actually understand the ins and out of their insurance policy? Here’s a quick breakdown of some of the key aspects to ensure that you’re in the know when it comes to the most important bits:

    What Does it Actually Cover you for?

    A standard car insurance policy usually comes with three different cover level options, each briefly outlined below:

    1) Third Party

    This is the legal minimum amount of cover you’re legally required to have. It means that you’re covered for any damage sustained by a third party, their vehicle or property. Essentially, it covers you for damage to other vehicles but wouldn’t pay for repairs to your own should you require them.

    2) Third Party Fire and Theft

    This is the next stage and covers you for all of the above plus cover for if your car is stolen or damaged in a fire.

    3) Fully Comprehensive

    The best option which most people tend to go for is fully comprehensive cover which covers you against all of the above and you and your car against any injury or damage, even if the incident is your fault you’re still covered.

    What is Gap insurance?

    GAP insurance, like the type provided by ALA is designed for people who take out cars on finance agreements. As the finance agreement means you haven’t paid the total price for the price and are gradually going to pay off the rest, should you be involved in an accident, your vehicle be stolen, written off, or vandalised Gap insurance covers you for the financial gap owed. It’s well worth taking out as standard car insurance only covers you for the value of the car at the time of the incident, whereas the money you owe is before depreciation.

    Insurance can be very expensive, especially for young drivers who sometimes choose to take out third party insurance to cut costs or get a black box which monitors their driving installed. It’s vital to always get the right cover level for your needs to make sure you’re covered should anything happen. It can be wise to shop around when it comes to looking at different insurance providers and compare the different prices quoted before purchasing to get the best deal.

    Share. Facebook Email Twitter LinkedIn WhatsApp Telegram
    Previous ArticleThe Supercars You Need For a Serious Fun Roadtrip
    Next Article Kinds of Automobile Doors

    Related Posts

    Range Rover SV Black Revealed For Stealth Lovers

    July 9, 2025

    Aston Martin Vantage S Takes Things Up A Notch With 671 HP (500 kW)

    July 9, 2025

    Pagani Reveals 852 HP (635 kW) Huayra Codalunga Speedster

    July 8, 2025

    1,850 HP (1,380 kW) Zenvo Aurora Tur Ready for Goodwood FOS Debut

    July 8, 2025

    BMW To Increase M2 CS Production To Keep Up With Demand

    July 8, 2025

    Koenigsegg Is Sold Out Of Everything

    July 8, 2025
    Facebook X (Twitter) Instagram YouTube RSS
    Designed by Zero2Turbo.

    Type above and press Enter to search. Press Esc to cancel.