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Get helpful information on Third Party car insurance.
Third Party car insurance is the most basic level of car insurance you can hold. It enables you to drive on public roads in the UK legally. This cover is designed to protect other drivers on the road if you have a car accident.
If you are found to be at fault, you’ll be covered against the cost of repairs to a third parties car or property.
Important information: This type of cover does not protect your car or property if it’s damaged in an accident.
Not sure if Third Party car insurance is right for you? Here are the features and benefits that you can expect.
Third Party car insurance is the minimum level of cover you can take out to allow you to drive on public roads. It meets the legal requirements and provides cover to third parties in the event of an accident or incident. However, it doesn’t cover any damage to your car or property.
What am I protected against?
What's not covered?
What am I protected against?
What's not covered?
Terms, conditions and exclusions apply to all benefits. In the event of a claim normal Excess applies and No Claims Discount may be affected. For more information please refer to the Insurance Product Information Document: Third Party (PDF, 209KB).
You can upgrade your car insurance policy from our range of optional extras. Here are the optional upgrades you can choose from:
Terms, conditions and exclusions apply to all benefits. Normal Excess applies and No Claims Discount may be affected.
In addition to the level of cover you choose, there are several things which can affect the cost of your car insurance premium:
When shopping around for car insurance, make sure you check the terms and conditions carefully. Price is a key factor, but also make sure you’re getting the level of cover you’re most comfortable with.
When choosing car insurance, cost is one factor. But it’s also important to make sure the cover you buy meets your individual needs.
The most basic requirement is getting cover so that you can drive legally. But car insurance also offers peace of mind and financial protection.
Depending on the level of cover you choose, insurance will help to cover the cost of any damage caused in an accident. That could include medical expenses and addressing any damage to vehicles and property.
Most insurers offer three types of cover:
The cost of your individual insurance premium can vary, depending on a range of factors, including your age, location, driving experience and the car you’re looking to insure.
You might be able to reduce the annual cost by adjusting the amount you’ll contribute out of your own pocket if you have an accident. This is commonly referred to as car insurance excess:
Before you choose, think carefully about how much you could realistically afford to pay out if you had an accident.
Optional extras might also be available, such as breakdown cover or legal protection, which you can add to your policy for an additional cost.
When you’re browsing for car insurance, it could help to:
Car insurance is one thing you hope you’ll never need to use. But choosing a policy which suits your needs will offer you peace of mind should anything happen.
Each insurer sets their own expiry period, but with Halifax your quote is valid for 30 days, giving you time to consider your options.
Of course, if you’re happy with the quote you’ve received, you might like to go ahead and purchase cover. The choice is yours.
Just be aware, if any of your details change between getting a quote and buying cover, your premium costs could go up or down. But it’s important to give accurate information at all times, ensuring you’ve got the level of cover you need.
When you get a car insurance quote, the insurer will complete a ‘soft’ credit check, confirming that the information you’ve given is accurate.
Although they might be visible on your credit report, soft credit searches won’t affect your credit score, or your ability to get credit in future.
When you go on to buy cover though, depending on how you choose to pay, there is potential for impact to your credit score.
If you pay monthly, it’s like taking a 12-month loan with your insurer:
However, this is a flexible option. By sticking to your monthly payments, it could eventually help to improve your credit score.
If you pay annually, there’s no aspect of credit, so you could benefit from:
However, if you fall behind with your credit card or other bills as a result of paying your car insurance premium in one go, you could cause damage to your credit score.
Most insurers offer the option to pay your annual car insurance premium in monthly instalments, subject to status, or as a single payment covering you for the year ahead.
In essence, this involves taking a 12-month loan with your insurer. That means:
However, spreading the cost of your car insurance could help you to:
By paying for your car insurance in one go, you could benefit from:
Obviously, the main disadvantage is having to pay out a lump sum, all at once.
You should also be aware that, if you don’t keep up with your credit card and other payments, your credit score could be affected, and your accounts or policies could be restricted or cancelled.
Halifax is a division of Bank of Scotland plc. Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Bank of Scotland plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628.