DRIVERS must make sure they are well covered on the road or they can rack up hundreds of pounds if they get into trouble.
If you get behind the wheel, no matter who it belongs to, without proper protection, you could be spending an excessive amount if you have an accident or the car is damaged or lost in some way.
There are usually three different types of auto insurance, full-comp, third-party, and fire and theft.
Usually the three have different price ranges depending on their coverage and risk, but you should always choose the one that best suits your driving style.
You should also find out what additional benefits are covered by the policy you choose, such as whether you are covered for driving a car other than your own.
What is comprehensive coverage?
The comprehensive coverage pays out if you injure another person or damage your car or another car in an accident, regardless of the fault.
Comprehensive car insurance also covers you against fire and theft.
It is the highest form of protection you can get from an insurer.
In that way, it’s different from third-party liability insurance because, most importantly, it covers you rather than just the damage you can cause to other vehicles and people.
But don’t allow yourself to be completely and completely covered, feeling invincible to everyone on the road – can you jump into someone else’s driver’s seat and still be covered?
Does my full-comp insurance cover me to drive a car?
A car must be insured to be allowed on the road, so if you are fully insured, but you have another new vehicle in mind, you still have to arrange that under your own insurance.
So that only other people’s cars are left – and whether your insurance will cover you driving them.
James Blackham, CEO and founder of auto insurer By Miles, said: “Many traditional policies allow you to drive another car.
“But drivers have to be careful because it’s often the minimum third-party only coverage, not full coverage — and sometimes there are clauses that say it’s for emergencies only.”
If your policy states that you may drive another car under the cover of the third party, this means that if you are involved in an accident and you are at fault, any damage to the car you are driving will not be covered.
You can usually also add someone to your comprehensive car insurance policy, then they are certainly covered that way.
Add them as a named driver or request short-term insurance for this.
This gives you the same level of coverage as the main driver.
What should I pay attention to?
Be careful who and how you put yourself on insurance when looking for named drivers.
You should not present yourself as the main driver of a car if you are not actually the main driver.
It’s called fronting when you claim you’re the main driver, but you rarely drive the car, and it’s not allowed.
If you also want to drive another car, these rules only apply in the UK.
LV=’s auto insurance experts have said they should first look at your policy documents to make sure you’re covered.
Plus, of course, you need to make sure you have the owner’s permission to use their car.
What about a specific type of insurance that means anyone can drive my car?
You can get a type of insurance that means everyone can drive your car at the same time – friends or family, or anyone with your permission, is legally insured to drive it.
However, that doesn’t mean you can necessarily drive someone else’s car unless they also have coverage.
It is not as common and as a result it becomes more expensive.
It’s also more risky because the insurer doesn’t have details, based on merit, about who is driving.
How can I reduce the cost of my car insurance?
Insurers like to reward careful drivers, so if you don’t make a claim on your insurance from year to year, you can build up a no-claim discount.
But they can often also reward other actions, such as the number of kilometers you drive.
James Blackham of By Miles said: “If you find yourself driving less in the new normal, you would be much better off with car insurance by the mile.
“We only charge for the miles that our members actually drive – with no charge for driving more or fewer miles than you think you will cover.”
With a number of apps, you can save up to $200 in costs by tracking how much you actually use your car and what kind of driver you are.
We pay for your stories!
Do you have a story for the team at The Sun Money?
Email us at email@example.com