Yes your premiums will reduce on 3rd party , with no claims.
I’m not sure I agree with all your answers about fully comp being a lot better!It depends on the value of your car.
For example if your car is worth £500 its hardly worth paying a couple of hundred quid extra for fully comp is it, bearing in mind you most likely will have to pay the first £100 yourself.
As for your test passing it certainly will reduce your payments, if it doesn’t shop around most companies will reduce premimums on passing.
Yes, the pass plus should still help to lower your premiums – although not all companies acknowledge it.
And yes you will still build up a no claims bonus with 3rd party fire and theft – but it does mean that if you are in an accident that is your fault, or partially your fault you car will not be covered. 3rd party means that you are covered to damage to other people and there car/other property if you have an accident. it’s worth checking fully comp quotes though – for my last insurance it was actually cheaper to get 3rd party fire and theft than 3rd party only! and to up grade to fully comp was only about £150 a year, which is really nothing for the extra cover you get – so it’s worth getting a variety of quotes
you defo still get your no claims bonus, doesnt matter if fully comp or not and im afrai your pass plus does not bring your quote down, they dont even ask if you did it or not
Yes you do build up no claims bonus on third party insurance. Fully comp tends to be more expensive but it is worth it for extra peace of mind. You can also take out insurance with protected no claims bonus,it’s a good thing as we all know how high your premiums rise if you make a claim and they clobber your no claims. This is a little more expensive but if you take the time to shop around, some companies will charge the same for this protected policy as others do for the basic cover. The same goes when choosing between third party or fully comp. The difference in the premiums from company to company is ridiculous. My son is a new young driver and he shopped about and got a fairly good deal, some of the quotes were astronomical, he just couldn’t afford them. Insurance for young drivers is extortionate, it stops many youngsters being able to own a car, although I can understand why they do it! Mind you it’s so expensive to run a car at all these days!
No Claims Bonus (NCB) is earned on any private motor insurance policy, regardless of the cover level. It is also valid for 2 years from the expiry date.
You should certainly disclosed you have taken a Pass Plus course as many insurers will offer an additional discount in recognition of this.
Unfortunately, it is extremely expensive starting out with motor insurance but the higher the premium initially, the bigger the discount as you start to build your NCB!
No claims discount applies to both types of motor insurance. Whether pass plus affects your premium depends on your insurer, and they are the only people who can answer the question, so ask them.
You will earn a no claims bonus (provided you don’t make any claims!) whether your policy is comprehensive or third party fire and theft.
You have taken your pass plus so you should declare it when you go to your insurance broker for quotes and the insurance companies that give discounts will appear on their quotation screens.
You may find it possible to take out a 6-month policy with an enhanced discount at the end of the six months (can also be useful if you are 19 before the six months is up)
If you have an old car then the difference in premiums between comprehensive and third party fire and theft may be relatively small – but as there would be a large accidental damage excess (i.e. the amount of the damage to your own car for which you are responsible) the main benefit would be in windscreen cover (£50/ £60 excess and your no claims is not usually affected – unless you are mad enough to go through Easymoney or Quinn).
For your information – insurance is a contract between the insurance company (1st party to the contract) and the policyholder (2nd party to the contract) – everyone else is a 3rd party i.e. have no rights under the contract – hence the name. This also means that a 3rd party cannot sue your insurance company (and you cannot sue another person’s insurance company) for damage or loss caused by a nnegligent driver.
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Yes your premiums will reduce on 3rd party , with no claims.
I’m not sure I agree with all your answers about fully comp being a lot better!It depends on the value of your car.
For example if your car is worth £500 its hardly worth paying a couple of hundred quid extra for fully comp is it, bearing in mind you most likely will have to pay the first £100 yourself.
As for your test passing it certainly will reduce your payments, if it doesn’t shop around most companies will reduce premimums on passing.
Yes, the pass plus should still help to lower your premiums – although not all companies acknowledge it.
And yes you will still build up a no claims bonus with 3rd party fire and theft – but it does mean that if you are in an accident that is your fault, or partially your fault you car will not be covered. 3rd party means that you are covered to damage to other people and there car/other property if you have an accident. it’s worth checking fully comp quotes though – for my last insurance it was actually cheaper to get 3rd party fire and theft than 3rd party only! and to up grade to fully comp was only about £150 a year, which is really nothing for the extra cover you get – so it’s worth getting a variety of quotes
you defo still get your no claims bonus, doesnt matter if fully comp or not and im afrai your pass plus does not bring your quote down, they dont even ask if you did it or not
Yes you do build up no claims bonus on third party insurance. Fully comp tends to be more expensive but it is worth it for extra peace of mind. You can also take out insurance with protected no claims bonus,it’s a good thing as we all know how high your premiums rise if you make a claim and they clobber your no claims. This is a little more expensive but if you take the time to shop around, some companies will charge the same for this protected policy as others do for the basic cover. The same goes when choosing between third party or fully comp. The difference in the premiums from company to company is ridiculous. My son is a new young driver and he shopped about and got a fairly good deal, some of the quotes were astronomical, he just couldn’t afford them. Insurance for young drivers is extortionate, it stops many youngsters being able to own a car, although I can understand why they do it! Mind you it’s so expensive to run a car at all these days!
No Claims Bonus (NCB) is earned on any private motor insurance policy, regardless of the cover level. It is also valid for 2 years from the expiry date.
You should certainly disclosed you have taken a Pass Plus course as many insurers will offer an additional discount in recognition of this.
Unfortunately, it is extremely expensive starting out with motor insurance but the higher the premium initially, the bigger the discount as you start to build your NCB!
No claims discount applies to both types of motor insurance. Whether pass plus affects your premium depends on your insurer, and they are the only people who can answer the question, so ask them.
You will earn a no claims bonus (provided you don’t make any claims!) whether your policy is comprehensive or third party fire and theft.
You have taken your pass plus so you should declare it when you go to your insurance broker for quotes and the insurance companies that give discounts will appear on their quotation screens.
You may find it possible to take out a 6-month policy with an enhanced discount at the end of the six months (can also be useful if you are 19 before the six months is up)
If you have an old car then the difference in premiums between comprehensive and third party fire and theft may be relatively small – but as there would be a large accidental damage excess (i.e. the amount of the damage to your own car for which you are responsible) the main benefit would be in windscreen cover (£50/ £60 excess and your no claims is not usually affected – unless you are mad enough to go through Easymoney or Quinn).
For your information – insurance is a contract between the insurance company (1st party to the contract) and the policyholder (2nd party to the contract) – everyone else is a 3rd party i.e. have no rights under the contract – hence the name. This also means that a 3rd party cannot sue your insurance company (and you cannot sue another person’s insurance company) for damage or loss caused by a nnegligent driver.