Comprehensive or Third Party?

JustAnotherSaver

or even TPFT?

Would you bother with either TPFT or TP?

Brother is coming to insure his car (car is only worth £400-£600) and it's a bit costly. £1,300 i got, £1,100 he got. When looking at the differences in the information we put the major one was i selected Comprehensive whereas he selected Third Party.

There were some others where he wrongly classified parking location as secure car park whereas it's actually an unsecure car park so that'll have to get sorted.

But would you bother going with TPFT or TP? Why would you select that over Comp? I personally have only ever selected Comp.

Inner_Zone

This has been discussed before Fully Comp is usually cheaper. End.

JustAnotherSaver

Inner_Zone wrote: »

This has been discussed before Fully Comp is usually cheaper. End.

Well in this case it's not. End.

And i'm not asking which is cheaper or dearer, i can do that on any quote. End.

I'm asking, with TP being cheaper than Comp, is there a reason you would pay the extra for Comp over the cheaper TP price.

End.

forgotmyname

But is 3rd party cheaper? Curious which company actually charge less for 3rd party these days.

1001 reasons, 3rd party doesnt cover a lot of of things where you may have wanted to claim.

Search the threads where people had 3rd party and phoned their insurer thinking they would help to be told thanks for letting us know and have a nice day.

laidbackgjr

On your figures - insurance saving of £200 per year - car worth £600 - so basically by going TP you are taking a bet that you will not need to make a claim for the value of the vehicle in 3 years - if that bet comes true you will be quids in - if you need to claim in less than 3 years - you'll have lost out. How lucky do you feel? What are the consequences of getting it wrong - if you had the car stolen and received nothing would you lose your job as unable to get to work - or is it just a case of using the £200 insurance saving plus £400 from elsewhere taking the financial hit and buying another run about?

pogofish

I've had TPFT with protected no-claims back in the days when I was running old cars worth next to nothing and back then it was considerably cheaper than comp.

It fairly helped me build-up a good no-claims for when I finally moved up to better cars and Comp insurance.

wgl2014

Don't forget that the excess on a fully comp policy may well mean for a cheap car you will never get anything paid out.

I've always had fully comp insurance as it's been around the same price or cheaper than TPFT.

Bear in mind that comprehensive policies can vary significantly in what extra benefits they give, read the policy carefully so you don't get caught out. Driving other vehicles cover is an example of this.

AdrianC

Were all the details absolutely identical between the two quotes, with the exception of the level of cover?

For a £4-600 car, there's not really much point in claiming for own damage, unless the claim's going through anyway because of damage to other vehicles or road furniture. Even then, the excess will likely swallow any payout. If there's a disputed claim, going FC means that you have your insurer on your side.

JustAnotherSaver

laidbackgjr wrote: »

On your figures - insurance saving of £200 per year - car worth £600 - so basically by going TP you are taking a bet that you will not need to make a claim for the value of the vehicle in 3 years - if that bet comes true you will be quids in - if you need to claim in less than 3 years - you'll have lost out. How lucky do you feel? What are the consequences of getting it wrong - if you had the car stolen and received nothing would you lose your job as unable to get to work - or is it just a case of using the £200 insurance saving plus £400 from elsewhere taking the financial hit and buying another run about?

Fair point.

This car will only be used over the winter. Come better weather - next summer, they'll be having their Cooper S back on the road.

AdrianC wrote: »

Were all the details absolutely identical between the two quotes, with the exception of the level of cover?

For a £4-600 car, there's not really much point in claiming for own damage, unless the claim's going through anyway because of damage to other vehicles or road furniture. Even then, the excess will likely swallow any payout. If there's a disputed claim, going FC means that you have your insurer on your side.

I found that the location for overnight parking was different.

They put secure car park, i disagree and call it unsecure.

It's on a car park that does have a gate, chain & padlock but it's rarely used so to me that is an unsecure car park. A secure one would be like a parksafe?

JustAnotherSaver

Inner_Zone wrote: »

Why do you think your post is original? It's all been discussed before, like winter tyres, supermarket fuel, screen wash fluid. Why try to reinvent the wheel? Use the search function.

Who actually cares?

Show me the person who put a gun to your head & told you to enter this thread.
Who was the one who told you that you must reply with nothing constructive?
Who was the one who told you you couldn't just carry on to the next thread or once you'd entered this thread & found it not to your liking who stopped you from hitting that X in the top corner?

So someone says to you this morning how it's cold & icy outside. You have a quick chat about the weather. Then someone else you see later that day also comments how it's cold and icy.

Do you lose the plot and say YES I KNOW I'VE ALREADY DISCUSSED THE WEATHER ONCE THIS MORNING I DON'T NEED TO DISCUSS THE SAME TOPIC A SECOND TIME, IT'S THE AFTERNOON NOW SO DON'T YOU THINK I'VE ALREADY DISCUSSED THE WEATHER TODAY??????????

Or do you have the same chat you had earlier?

Whatever funny remark you'll come back with to that comment & question the earlier comment i made is the same - nobody forced you in here. If you don't like eating greens then you don't eat them, right?

AdrianC

JustAnotherSaver wrote: »

I found that the location for overnight parking was different.

They put secure car park, i disagree and call it unsecure.

It's on a car park that does have a gate, chain & padlock but it's rarely used so to me that is an unsecure car park. A secure one would be like a parksafe?

I'd agree that's an in secure car park.

It's far more likely that's your £200 difference in premium.