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Old 5th Mar 2014, 11:36   #1
bignev72
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Car Insurance Question. 3rd Party vs. Comprehensive

I currently drive a R reg Astra which has done 168,000 miles so as you can imagine it has very little value in insurance terms.

My insurance is up for renewal in a month and I was thinking that there isn't much point in insuring this as comprehensive as if I do have an accident the value of my car will probably be lower than the excess. I was thinking of just insuring as third party.

Is there any pitfall with this that anyone can think of?

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Old 5th Mar 2014, 11:38   #2
Peerzy
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Fully comprehensive insurance has always worked out cheaper than TPF&T for me.
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Old 5th Mar 2014, 11:38   #3
scratch
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First thing to check is actual costs. It's quite common nowadays for comprehensive cover to actually be cheaper than 3rd party!

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Old 5th Mar 2014, 11:50   #4
Haggisman
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To echo what others have said, comp is often cheaper than tpft.

Also, tpft doesn't cover windscreen repairs/replacement?

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Old 5th Mar 2014, 12:05   #5
teenwolf
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TPFT worked out cheaper for me on a 1000 car.
I too thought its not worth the extra on a low value car.
If you do go TPFT though make sure it includes legal expenses.
Some insurers will let you add windscreen cover for an extra fee.
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Old 5th Mar 2014, 16:13   #6
bignev72
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Ok I will check whether it is cheaper to stick with Comp.

I will also check if Windscreen and legal is covered.

Anything else to check?

Thanks guys

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Old 5th Mar 2014, 18:07   #7
Gribs
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As you'll basically have no intention to claim for any damage you do yourself it can be worth sticking a big excess on a comp policy. I used to do this when younger.

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Old 5th Mar 2014, 18:25   #8
frying_pan_cat
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Quote:
Originally Posted by Gribs View Post
As you'll basically have no intention to claim for any damage you do yourself it can be worth sticking a big excess on a comp policy. I used to do this when younger.
I've found higher excess doesn't necessarily equal lower premium, it actually can go up if you increase the excess. I guess after a certain point they realise you're using it like a tpft policy

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