The car insurance information contained within these pages is based on information supplied by The Claims Guru, a site packed with useful information about the inner workings of insurance companies and their products.
Third Party Fire & Theft Insurance
A 'third party fire and theft' policy provides some further protection compared to basic Third Party Insurance. Where your car is stolen, or damaged by theft, or attempted theft, or damaged by fire, then you can pursue a claim. Thus, if someone tried to break into your car and damaged the locks and scratched the door you could claim. But you would of course have to report the attempted theft to the police.
"A pedestrian hit me and went under my car. "
Extracts taken from actual claim forms submitted to
a number of UK car insurance companies
Many insurers now impose an excess for theft claims, often £100. This means you will have to pay the first £100 of each and every claim. In effect you insured yourself for the first £100 of every theft loss. Some insurers will not charge this where your car was in a locked garage.
You have to pay your excess whether the thief is caught or not. Although some people think this is unfair, by sharing the cost of the loss with your insurers, they hope to make you more responsible for your possessions. It is amazing how irresponsible some people are with their possessions. It also helps to reduce slightly their claims outlay and thus helps to keep premiums down.
