There’s no statutory requirement to have motor legal protection, as there is for car insurance. It’s an optional extra, like breakdown cover.
What is motor protection insurance?
Motor legal protection – sometimes known as car insurance legal cover – can cover legal expenses, up to an agreed limit, which result from a car accident that wasn’t your fault. It’s usually offered as an optional add-on to car insurance policies, although some include it as standard.
Why do I need motor insurance?
Vehicle insurance or motor insurance is a type of insurance policy which safeguards you financially in case your vehicle (car or two-wheeler) sustains damages due to natural or man-made calamities such as earthquake, flood, lightning and theft among others.
Is motor legal protection the same as legal assistance?
As an insurance policy, this cover provides an affordable way to minimise the expense and inconvenience that a motoring accident can cause. You may also see it referred to as motor legal expenses insurance, or motor legal assistance, but we like to call it Motor Legal Protection – find out why below.
Do I need Motor Legal Protection UK? – Related Questions
Is it worth protecting no claims?
Is it worth protecting no claims? If you have a big discount you’ve built up, say 50% for example, you might want to consider paying for no claims protection. This is because if you make a claim, you could lose anything you’ve built up already. But if you’ve paid for the extra, it should be protected.
Do you need personal accident cover on car insurance?
Personal accident cover isn’t mandatory, and it does often cost a little extra – but you can’t put a price on peace of mind. If you get in a serious accident, you might need expensive rehab, or you could even lose your work – but personal accident cover can help you recoup those costs.
What are motor legal expenses?
Motor legal expenses provide cover in the event of a motor prosecution, or a court case resulting from an incident or claim. It covers uninsured losses, so things like loss of earnings and policy excess, but there needs to be more than a 50% chance of success.
What are the three types of motor insurance?
There are three different types of insurance – Private Car Insurance, Two-wheeler Insurance, and Commercial Vehicle Insurance.
What is included in engine protection cover?
In short, engine protection cover provides financial protection for any damages to the car’s engine or/and its parts arising out of incidents of water ingression, leakage of lubricant oil, damage to the hydrostatic lock, damages to the engine parts, such as the gearbox, crankshaft, cylinder, connecting rods, pistons,
How does motor insurance work?
Car insurance is an agreement between the insurance company and the car owner wherein, the car owner will pay premiums and the insurance company covers for loss or damage caused to the car. Car Insurance is mandatory in India regardless of whether it is a commercial vehicle or a personal vehicle.
What type of insurance is compulsory for motor vehicles?
Classified under Motor Vehicle Insurance product lines, the CPTL or the Compulsory Third Party Liability-Bodily Injury is a mandatory insurance before a motor vehicle could be registered with LTO, regardless of whether such vehicle is government or civilian-owned. This is a basic motor car insurance policy requirement.
What is the fine of not insuring your motor vehicle?
Penalty for Driving without a Motor Insurance
According to Indian law, a fine of Rs. 2,000 will be incurred and imprisonment of up to three months. As per the old provision, Rs. 1,000 was charged for driving without insurance.
What are the features of motor insurance?
Salient Features of Vehicle Insurance & How To Buy?
- Comprehensive Cover.
- Premium Calculation.
- Add-on Covers.
- Cashless Facility.
- No-claims Bonus.
- Deductible.
- Exclusions.
- The above are some of the key features of a motor insurance policy that one must be aware of before buying one.
Does comprehensive insurance include CTP?
Summary. Comprehensive insurance and CTP insurance do not cover the same things. Comprehensive aims to protect vehicles and property, but CTP protects people and not the vehicle or property.
Do I need to buy CTP if I have comprehensive?
Every registered vehicle in Australia has to be covered by CTP Insurance by law, whereas Comprehensive Car Insurance is optional. CTP Insurance only covers liability for personal injuries caused by a motor vehicle accident involving your vehicle.
Do I need to buy Green Slip if I have comprehensive insurance?
In New South Wales – where CTP is better known as ‘Green Slip’ —, you must buy CTP insurance before you can register your car.
Is it better to get third party or comprehensive?
Comprehensive car insurance covers damage to your car whereas third party, fire and theft do not when an accident is deemed your fault. Comprehensive is a higher level of insurance and therefore has you covered more than third party, fire and theft.
Which type of car insurance is best?
Which is a better Car Insurance? Taking a comprehensive car insurance cover is always advisable as it provides complete protection of not only someone else’s car like a Third-Party car insurance, but also the Own damages to your car, as well as any injury to the owner driver.
Is comprehensive insurance worth it for an old car?
Do I need comprehensive insurance on an old car? If you don’t have a loan or lease on your car, comprehensive insurance likely isn’t required. And if the vehicle isn’t worth much, it may not make financial sense to keep the coverage.
What is not covered in comprehensive car insurance?
What damage is not covered by comprehensive coverage? Comprehensive coverage does not cover damages caused by hitting another vehicle or object. These incidents are covered under collision coverage. It will also not cover normal wear and tear on your vehicle.