UK drivers with such policies are being charged thousands more than those with fully comprehensive cover,even though they offer less protection Drivers are being warned not to assume that third-party insurance will be the cheapest option after research by Guardian Money found they were being quoted up to £4000 a year more for policies that offer less cover than fully comprehensive plans.
Around nine in 10 drivers choose comprehensive motor insurance because it offers the best level of protection against injury or financial loss for the policyholder, their passengers and for third parties. The rest buy lower-level, or third-party cover. But while those policies offer less protection and will not pay out whether,for example, the policyholder’s vehicle is damaged, or drivers are frequently charged more for them.
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Source: theguardian.com