Auto Car Insurance

ar insurance can be taken out for both new and old vehicles. As the bonafide car owner or handler, having valid insurance gives you peace of mind since you know that should anything happen to the car, you will be compensated. As one of the most reputable auto insurers in Birmingham, we offer affordable plans with a flexible and customisable payment plan for all types of vehicles. We cover basic third party, comprehensive insurance and even excess facilities for all our clients.

Why you must take out insurance

A requirement by financiersIn most cases, individuals use credit facilities to buy their cars. This means that the car loan financier has vested interest in the vehicle. In most cases, the financing contract makes it mandatory to take out proper insurance on the vehicle if you are to be allowed to continue operating it. In case of noncompliance, the financier, through the help of debt recovery solicitors birmingham can take back the vehicle and sell it to recover the amount you owe. 

It's a legal requirement

Driving on any road in the United Kingdom without valid car insurance is a contravention of the law. As an offender, your vehicle can be seized by the authorities and subsequently destroyed. You may also earn 6 penalty points, get your license suspended or get fined up to a maximum of £1,000. Why risk losing your vehicle, getting fined or even losing your license when you can comply with the law?

Financial benefits

When your care gets vandalised, stolen, damaged by fired or floods and other insured perils, the insurance company covers the cost of replacement or repair. This is however, subject to the kind of insurance in place. If your car is involved in an accident and causes damage to another vehicle, property or even injures other people, the insurance company will cover the associated costs of repair, replacement and treatment. In the case that you did not have a valid insurance cover, you would be expected to cover these costs out of pocket. This can be quite costly depending on the property or type of vehicle in question as well as the injuries inflicted.

In addition to this, some accidents may result in legal suits. These may ensue in case of negligent behaviour, driving under the influence of drugs and alcohol, unruly conduct and so on. In some of these cases, the legal costs of the proceedings can be covered by the insurance company. If the case ruling is against you, you may be expected to cover the costs of the legal proceedings of the plaintiff as well as compensate them. If the accident was genuine and there were no extraneous factors such as alcohol and drugs, the company may cover some of these costs. 

Even if you have driven a vehicle for years without any incidence, it is essential to have an insurance cover. Besides, in some states, the authorities are able to track vehicles that do not have valid insurance covers using traffic cameras and therefore, there is no escape. As they say, you had rather be safe than sorry.