Overview:

Third Party (TP): Minimum legal cover in the UK, compensates others for injury or property damage in an accident you cause, but does not cover your own costs.Third Party Fire & Theft (TPFT): Extends TP coverage to include protection against fire damage to your vehicle and theft of your vehicle.Fully Comprehensive (COMP): Provides all TPFT benefits, plus coverage for your own vehicle's damage from accidents, personal injury, and additional benefits.

More Details:

Third Party (TP)

• Minimum UK Requirement: As per the Road Traffic Act 1998, TP is the minimum legal cover required for any vehicle on UK roads.

• What It Covers: Compensation for injuries to other people (including your passengers), or damage to other people’s property (including vehicles) resulting from an accident you cause.

• What It Doesn't Cover: Your own accident costs, fire damage, or theft incidents.

• You rear-end another driver at a roundabout, damaging both vehicles and injuring the other driver.

• Your insurer compensates the other driver for their vehicle damage and injuries, but you receive no payout for your own damages or injuries.

Third Party Fire & Theft (TPFT)

• Extended Coverage: Includes TP coverage, plus protection against fire damage to your vehicle, or if your vehicle is stolen.

• What It Covers: Damage from fire, theft of your vehicle, and damages from attempted theft, vandalism, or arson.

• Your vehicle is stolen from your address and isn’t recovered.

• Your insurer pays you for the full value of your stolen vehicle.

Fully Comprehensive (COMP)

• Most Inclusive Coverage: Extends TPFT coverage to include damage to your vehicle from an accident, regardless of fault, and often includes additional benefits.

• What It Covers: Accident damage to your vehicle (or if it's written off), personal injury to yourself, flood/storm damage, and usually windscreen cover.

• Possible Additional Benefits: Courtesy Vehicle, Breakdown Recovery, Legal Cover, etc.

• Similar to the TP example, you rear-end another driver at a roundabout. Both vehicles are damaged, and both drivers are injured.

• Your insurer compensates the other driver for their vehicle and injury. In addition, your insurer pays you for your vehicle’s damage and your personal injury.