After weeks, months or even years of lessons, you're now ready to hit the road as a new driver without the supervision of anyone else. As daunting or exciting as that might be, buying your first car insurance policy could be more of a minefield if you haven't had any experience with it before.
Typically there are 3 different types of car insurance to choose from:
- Third party only (TPO) - only covers you against damage to other people, cars & property
- Third party fire and theft (TPF&T) - same as TPO, but also covers your car if it's in a fire, or stolen
- Comprehensive - same as TPO & TPF&T but also covers your car against damage it sustains in an accident
A common misconception is that a comprehensive policy could cover your car from general wear and tear (i.e. a head gasket going, or the clutch etc.). This isn't true, it's there to cover your car against damage in the event of an accident, whether that's a small or major accident.