What is third party fire and theft car insurance?

 

Third party fire and theft car insurance covers you if you’re involved in an accident where someone else's car or property is damaged, and/or they’re hurt. If they make a claim against you for repairs or replacement, or for their medical costs, your insurance policy will cover it.

 

Third party fire and theft insurance also protects your own car against damage caused by fire, and losses caused by theft. However, it won’t cover your car and property, or your medical costs, if you cause an accident.

What does third party fire and theft car insurance cover?

 

You’ll need to check the details of your policy with your individual insurance provider, but the following is usually included as standard:

 

P Third party compensation

 

If you are involved in a crash, the other party involved may claim compensation from you for damages, losses and medical costs. In this case, your insurer will compensate the third party on your behalf.

 

P Damage from fire

 

You’re covered in the event of a fire that damages your vehicle. This includes both a deliberate fire through arson and any accidental fire damage.

 

P Loss or damage from theft

 

Your policy will also cover the loss or damage to your car from theft, with most insurers replacing your car on your behalf. This may also cover any parts of your car stolen during the theft. Most insurers will also cover you for vandalism or damage from an attempted theft. Third party fire and theft car insurance covers more than regular third party only insurance, but less than fully comprehensive insurance.

 

When it comes to choosing car insurance, it’s worth taking the time to sit down and consider what you think you need to be covered for and what would best suit you.

 

Optional extras when purchasing third party fire and theft car insurance

 

In most cases you can usually add optional extras to your policy, including:

 

• Personal accident cover
• Windscreen cover
• Misfuelling cover (the cost of repairs after putting the wrong fuel in your car)
• Driving other cars (DOC) cover
• Breakdown cover
• Courtesy car cover
• Driving abroad cover
• Cover for legal costs

 

The advantages of purchasing third party fire and theft car insurance

 

Third party fire and theft insurance means that:

 

• You’ll be covered against compensation claims made against you for damage, losses or injuries experienced by third parties.
• You’ll have more than the minimum required level of insurance to legally drive in the UK.
• You'll be covered for the cost of repairing or replacing your car if it's damaged by fire or by theft.

 

With third party fire and theft insurance, you won’t be covered for the costs of repairing or replacing your own car or belongings, or your own medical costs. If you cause an accident, you could be left with expensive bills to pay.

 

Costs of third party fire and theft car insurance

 

The cost of a third party fire and theft insurance will depend on your personal circumstances. Factors taken into account include your age, driving history, the make and model of the car you drive, where you live, and your job.

 

Typically, the average cost of a third party fire and theft car insurance premium is around £1272.30. *

 

When you compare car insurance quotes with Asda Money, you’ll get quotes from some of the UK’s top insurance providers so you can find a policy and price that suits you.

 

The car insurance comparison service is provided by Vast Visibility Limited.

 

*Based on the average annual price of third party fire and theft insurance policies sold between January 2023 and January 2024 through the car insurance comparison service with Asda Money provided by Vast Visibility Limited.

 

What’s the difference between third party insurance and third party, fire and theft insurance?

 

The big difference between third party only and third party fire and theft car insurance is the additional ‘fire and theft’ cover.

 

If you have third party only insurance, you’ll be covered for third party compensation in the event of an accident. But if your car gets stolen, or damaged by fire, you won’t be able to claim the money to repair or replace it.

 

If you have third party fire and theft cover, you’ll be protected for third party compensation, but you’ll also be covered in case your car gets stolen or damaged by fire. Your insurer may accept claims and reimburse you for the replacement or repair of your car.

 

Can you drive someone else's car on third party, fire and theft?

 

Generally, no you can’t drive someone else’s car with third party fire and theft car insurance^[1].

 

Normally, only fully comprehensive car insurance policies will have a clause allowing you to drive a car that isn’t your own. And even then, it isn’t automatically included and will only provide third party cover. Always be sure to check your insurance documents to ensure you’re properly covered.

 

Do you still get no claims with third party fire and theft?

 

Yes, most insurers will allow you to build up a no claims bonus year-on-year. No claims bonuses or discounts are percentages of your insurance price that are taken off by insurers if you don’t make any claims over the course of the year. This is vital for reducing the cost of insurance premiums.

 

Find third party fire and theft car insurance with Asda Money

 

Compare quotes from over 60 of some of the UK’s top insurance providers with Asda Money.

 

Just enter some basic details, such as your name, address, registration plate, and driving history and you’ll get a range of quotes from some of the UK’s top insurance providers so you can find a policy that’s right for you.

 

Compare car insurance quotes with Asda Money.

 

The car insurance comparison service is provided by Vast Visibility Limited.