|By Marketwire .||
|August 30, 2012 01:00 AM EDT||
LEEDS, UNITED KINGDOM -- (Marketwire) -- 08/30/12 -- Buying car insurance need not be a complicated and difficult process. Asda Money explains how now could be the ideal time to get a better deal on your car insurance.
There are a number of things to consider before shopping around for a new policy.
One of the fundamental things to think about is the type of insurance policy that would be best for your situation. Would a basic third party insurance policy be ideal or perhaps fully comprehensive? These are just a few of the things you might need to consider.
Comprehensive car insurance
Research from Asda Money reveals that 93% of motorists have fully comprehensive car insurance (1). Comprehensive car insurance provides the same level of cover as third party, but it also provides protection should you damage your own vehicle and an accident was your fault. Once you have decided what type of insurance you would like, you can shop around for the best deal.
Third party car insurance not popular
The Asda Money research found that just 4% opted for third party, fire and theft and nearly 1% have third party only.
Third party insurance only covers injury to people or damage to their property as opposed to your own. Third party car insurance also covers people if you were involved in an accident and you were to blame. Should you be involved in an accident that was not your fault, you may need to pursue a claim from the other party's insurer.
Once you have decided what type of insurance you would like, you can shop around for the best deal. Car insurance is a legal requirement and third party insurance is the minimum level of cover that coincides with the law to drive a car on UK roads.
Asda Car Insurance offers cover from GBP 261(i).
Notes to editors
(1) Source: Asda Insurance Research (Nov 2011), 93.3% of 741 polled said they have fully comprehensive car insurance, 4.18% have third party, fire and theft insurance, 0.94% have third party only car insurance.
About Asda Car Insurance
-- 5 star Defaqto rating -- Breakdown ^ and legal cover included as standard -- Cover starts from GBP 261(i) -- Multi-car cover, for up to 4 cars and people (subject to underwriting criteria) -- A courtesy car as standard following an event that is covered by your policy -- 10% online discount
Optional No Claims Discount protection if you hold 4 or more years No Claims Discount.
^ For vehicles under 8 years of age. Applies to comprehensive policy only. Cover is added on the first day the policy starts or renewal date.
(i) 10% of all customers buying car insurance with us from 1st Jan 2012 to 30th April 2012 paid GBP 261 or less. Source: Southern Rock Insurance Company Limited. The premium you pay will depend upon individual circumstances, cover chosen and driving history.
Asda Money is a trading name of Asda Financial Services Limited. Asda Financial Services Limited uses a selection of companies to provide its products and services. Please refer to www.ASDA.com/money for details of our product partners and the relevant terms and conditions for each of our products and services.
Asda Car Insurance is a trading style of Asda Financial Services which is an Introducer Appointed Representative of Commercial Vehicle Direct Insurance Services Ltd, who are authorised and regulated by the Financial Services Authority (Firm reference No. 302216). Commercial Vehicle Direct Insurance Services Ltd registered in England and Wales number 04137311. Registered office: MMT Centre, Severn Bridge, Aust, Bristol BS35 4BL.
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