Are motorists that opt for third party car insurance doing the right thing

It has been revealed by that 20 per cent of motorists are now opting for more basic third party cover and a cheaper car insurance policy in an act to try and reduce their spending.

This poll has revealed that many motor insurance policyholders have downgraded their fully comprehensive policy to third-party cover.

The problem lies with third-party insurance cover is that is offers fare less protection so in fact it is a false economy.

If you have an accident you’re in danger of having the amount of money you’ve saved on the third party premium completely destroyed by the cost of any repairs to your motor vehicle.

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