Third party, fire, and theft car insurance covers you for any damage made to a third party, their vehicle, or property due to an accident. It also covers you for damage caused by fire or having your vehicle stolen. Third party, fire, and theft does not cover your own vehicle if it's damaged in an accident. As the name suggests, your vehicle is covered for theft or fire damage.
Although we only offer fully comprehensive car insurance, at MORE THAN we believe it’s just as important to know what third party, fire, and theft cover is, and what it isn’t. The more you understand car insurance, the better informed you are to make the choice that’s right for you.
What does Third party, fire, and theft car insurance cover?
Third party, fire, and theft covers you for damage to a third party, their vehicle or property. You’re also covered for theft or fire damage. If, for example, you reversed into another vehicle when parking and the accident was your fault, the other car would be covered by your insurance, but any repairs to your car will have to be paid out of your own pocket.
What’s the difference between Third party and Third party, fire, and theft?
Third party is the bare minimum car insurance that you need to drive on UK roads. As the name implies, it covers the other party in an accident, their passengers, or property only. There is no cover for your car if it’s stolen or damaged by fire.
Is Third party, fire, and theft cover cheaper than Comprehensive car insurance?
Third party, fire, and theft may work out cheaper than comprehensive cover, but this is not always the case.
This will always depend upon your circumstances. In some cases, Third party, fire, and theft can work out more expensive than a comprehensive car insurance quote. It’s recommended that you get several quotes for either cover level to decide which is best for you.
Third party, fire, and theft can be appealing to young drivers, or those with limited driving experience because it’s seen as a cheaper cover.
Drivers between the age of 17 - 24 can insure their car with SMART WHEELS young driver black box insurance. This cover is designed to give young drivers a better deal on comprehensive car insurance.
What are the costs of Third party, fire, and theft insurance?
Just like any other car insurance policy the costs of Third party, fire, and theft will vary depending on your circumstances.
We don’t provide Third party, fire, and theft cover, but insurers calculate risk by assessing the make and model of your car, where it’s kept, how you intend to use the car, including your estimated annual mileage. Statistically, the higher your mileage the more you are at risk of having accidents.
These mitigating factors mean that estimating the costs of Third party, fire, and theft will vary from driver to driver.
Can I get a No Claim Bonus discount with Third party, fire, and theft insurance?
You’ll need to check with your insurer to see if any No Claim Bonus applies to their Third party, fire, and theft cover.
Is Third party, fire, and theft car insurance the right insurance policy for me?
The type of car insurance you choose should always reflect your individual circumstances and needs.
First, assess the level of cover you need based on the type of driving you do.
Ask yourself pertinent questions, such as: if my car was written off in an accident that was my fault, could I afford to replace my car immediately, especially if I used my car for commuting and I needed a car to get to work?
If the answer to this particular question is no, then you might want to consider other options, such as comprehensive car insurance.
Getting the right car insurance is about getting the level of cover you need for the driving you are intending to do. Never choose car insurance solely based on price. Here at MORE THAN we offer three levels of comprehensive car insurance, plus SMART WHEELS young driver insurance and LOW MILER low mileage insurance. So, hopefully we’ll have all your car insurance needs covered.