Comprehensive Collision Car Insurance


Comprehensive Car Insurance covers damage to one`s own vehicle as well as any damage done to another person`s vehicle or property in the event of an accident. Unlike CTP Insurance (Compulsory Third Party), it is not compulsory. It can be quite expensive but well worth the cost in the event of an accident incurring significant damage to one`s own or another`s car or property. Add to that the accident details and repairs are handled by the insurer which is a load off your mind if you yourself are injured and unable to sort out the details.

There are literally dozens of companies offering this type of insurance with discounts and special offers to entice the seeker of the best policy for them. As well as the cost of the policy there is also an `excess fee` which is to be paid. This can vary depending on the options chosen by the owner of the policy. Excess options take into consideration other regular drivers of the car and their age, whether you will require a hire vehicle and whether you opt to avail yourself of roadside assistance; just to name a few.

The owner has a Duty of Disclosure whereby they make certain declarations to the insurer. This information is used to work out the cost of the policy. The regular driver must state their name age, address, date of birth and marital status. As well they are asked to declare if car insurance has been cancelled or refused or if there have been any losses...there will be a time frame involved. There is also a clause called a no claim bonus or discount which is basically a good behaviour deal...the better your history the better No Claim discount you receive...a valuable asset in a policy. You must also declare whether you have had any serious offences, reached the maximum demerit points or had your licence cancelled...again within certain time frames. The type of licence you hold is also declared, e.g. motor bike, car.

Details of the car also play an important role in the issuing of the policy. The facts required are the registered owner and the DOB of the registered owner. They want to know the road worthiness of the car, if there is any existing damage. Finance on the car is also questioned and where the vehicle is kept at night...on the street, in the driveway or garaged. They will also ask if there are any non standards accessories fitted like a sun-roof or CD player or security devices and they will need to know if the car has been modified in any way. These last two will need to be listed and described.