Comprehensive V TP car insurance

P_Cash

read a lot on this lately. as i have a car worth 4k. and renewing insurance

TP, covers their car if ur at fault

Comprehen covers both.

neither by the looks of it covers your own injuries if you crash and ur at fault or not.


so, why do people have comprehensive for a car worth 5k or more.

my opinion is,

if its worth only 4k, if i ever made a claim they might give me 3k, but sher they will claim that back in increased premiums over the next 5 yrs.

so my thougths were always take TP and never claim,

to be honest, it comes form when i took insurance 12 years ago and it was 2,400 to insure a 1.6 petrol focus with 7k value.

TP is all one could afford... and always had it that id nevere claim, and never have actually

totally understand comprehensive for cars worth 10K and upwards. ..

debate please. .

is it this black and white?

ironclaw

In a very general case, Comprehensive covers everyone involved. Third Party generally covers everyone but you and your car.

As for personally injuries, its generally included in Comprehensive although this does differ i.e. Liberty include it, Aviva don't. Comprehensive normally also includes accidental damage, personal belongings, breakdown assistance etc. I never understood why we have two tiers of insurance in Ireland. It should be 'All Risk' and cover everyone in a claim, liable or not.

For example: http://www.libertyinsurance.ie/car-insurance/benefits.html

In the end, the difference between them is normally very little. For me, its usually €200 or so at most. Doesn't make sense, to me anyway, to take a lower level of insurance, irrespective of the car value in question.

P_Cash

but the last person i heard of claiming after an accident after she crashed her car, got about 6k back, but regreted claiming as she was 1, stuck with same insure company as nobody wanted her, 2 was then stuck with massive premiums, sher why else do they go indepth on what you claimed or didnt claim 8 yrs ago

bop1977

I usually go for fully comp because the difference between the two cost wise is about €60-80. Given the small price difference and the extras covered I think it's worth it.

ironclaw

P_Cash wrote: »

but the last person i heard of claiming after an accident after she crashed her car, got about 6k back, but regreted claiming as she was 1, stuck with same insure company as nobody wanted her, 2 was then stuck with massive premiums, sher why else do they go indepth on what you claimed or didnt claim 8 yrs ago

Well thats the downside of claiming. Your premium will go up and you will have a mark on your record. No one every said it wouldn't.

Insurance isn't necessary for every accident. In my opinion, its for serious damage, medical bills or write offs. The problem is many people use it for every tip and scrape. It also depends on who is liable. If its your fault, then you pay the price. If your not, then you'll be taken care of. Seems fair to me.

Ilovelucy

Does your insurance normally go up if you have a fully protected bonus?

Soarer

Protect your NCB!

Soarer

Ilovelucy wrote: »

Does your insurance normally go up if you have a fully protected bonus?

Nope.

Normally you get 2 claims over 3 years before the premium is affected.
You can also get Step Back Protection. So if you make a third claim in those 3 years, your NCB will only drop to 80% (or whatever) instead of losing the whole thing.

Ilovelucy

Thanks. I have a fully protected bonus and had a claim during the year. Glad I did now.

Del2005

P_Cash wrote: »

but the last person i heard of claiming after an accident after she crashed her car, got about 6k back, but regreted claiming as she was 1, stuck with same insure company as nobody wanted her, 2 was then stuck with massive premiums, sher why else do they go indepth on what you claimed or didnt claim 8 yrs ago

Even if you have 3rd party insurance and you crash without any other parties involved your insurance can still go up. All insurance policies require you to inform the company of any incidents, the fact that people choose to ignore this part of the contract is the only reason why the policy doesn't increase.

Del2005

Soarer wrote: »

Nope.

Normally you get 2 claims over 3 years before the premium is affected.
You can also get Step Back Protection. So if you make a third claim in those 3 years, your NCB will only drop to 80% (or whatever) instead of losing the whole thing.

Your bonus is the only thing protected.. By making a claim you increase your insurance risk so the premium may go up, but you'll still get the full discount.

P_Cash

Paid third party today,

I asked the lady behind counter about comp and injury cover

She said if I took comp it would cover any injury, medical bill, doc fees . . basically anything . . . . up to a massive €1,000

ironclaw

P_Cash wrote: »

Paid third party today,

I asked the lady behind counter about comp and injury cover

She said if I took comp it would cover any injury, medical bill, doc fees . . basically anything . . . . up to a massive €1,000

Yes, but how much was Third Party? If it was say €500, if you have an accident, its going to cost you a lot more than €500 to put right. So you are gambling you won't have an accident. Personally, I can never see a reason not to take out the most amount of insurance you possibly can. It just never makes financial sense if you have an accident

P_Cash

ironclaw wrote: »

Yes, but how much was Third Party? If it was say €500, if you have an accident, its going to cost you a lot more than €500 to put right. So you are gambling you won't have an accident. Personally, I can never see a reason not to take out the most amount of insurance you possibly can. It just never makes financial sense if you have an accident

I agree, but in my head my attitude is never claim. . .

oldyouth

If you have an at fault accident, your insurers are going to be paying out anyway, you might as well have cover to include your own vehicle. By having Comp cover, you don't have to claim for an own damage only claim but it is nice to know you can if your circumstances depend on it