Question Claude: "I want to assure my car I have been offered a third-party insurance or all risk What is the difference between the two..?"
The differences do not miss these two insurance plans. First Insurance "third" is mandatory while insurance "all risks" is optional. Then the third party insurance covers you in the event of a collision with a vehicle whose driver is known, with a pedestrian or even an animal whose owner is identified. Therefore, all accidents caused by unidentified are not affected. So if you find your car vandalized in a parking lot without knowing the fault, you will not be compensated. This applies even if it is you who are responsible for the damage.
The most comprehensive insurance all risks
Conversely, the formula "all risks" offer it, guarantees more extensive. Whatever your responsibility, it insures you against shocks with an external vehicle fixed or moving object (car, sidewalk, animal ...). And even if it is parked. It also includes the reversal, the fall of vehicle damage from floods, storms, earthquakes ... Some contracts may even compensate you against damage due to towing, but in most cases, the responsible driver will have to pay a deductible. Only limits of insurance "all risks": theft, fire or broken windows are supported only if you have subscribed to the optional options for the contract.
Finally, there is a notable difference in price, and logical, given the guarantees offered. Insurance "all risks" is more complete, it is more expensive than third party insurance. This is not the only explanation. Rates vary according to the profile of the insured. Through statistics, insurers determine degrees of risk. Thus, the proposed rate will depend on the personal items that you provide when subscribing to insurance (car type, use, socio-professional category, place of residence, etc.). In total, for the same coverage, the rates vary from one company to another. So do not hesitate to shop around for the best rate guarantees equal.
The differences do not miss these two insurance plans. First Insurance "third" is mandatory while insurance "all risks" is optional. Then the third party insurance covers you in the event of a collision with a vehicle whose driver is known, with a pedestrian or even an animal whose owner is identified. Therefore, all accidents caused by unidentified are not affected. So if you find your car vandalized in a parking lot without knowing the fault, you will not be compensated. This applies even if it is you who are responsible for the damage.
The most comprehensive insurance all risks
Conversely, the formula "all risks" offer it, guarantees more extensive. Whatever your responsibility, it insures you against shocks with an external vehicle fixed or moving object (car, sidewalk, animal ...). And even if it is parked. It also includes the reversal, the fall of vehicle damage from floods, storms, earthquakes ... Some contracts may even compensate you against damage due to towing, but in most cases, the responsible driver will have to pay a deductible. Only limits of insurance "all risks": theft, fire or broken windows are supported only if you have subscribed to the optional options for the contract.
Finally, there is a notable difference in price, and logical, given the guarantees offered. Insurance "all risks" is more complete, it is more expensive than third party insurance. This is not the only explanation. Rates vary according to the profile of the insured. Through statistics, insurers determine degrees of risk. Thus, the proposed rate will depend on the personal items that you provide when subscribing to insurance (car type, use, socio-professional category, place of residence, etc.). In total, for the same coverage, the rates vary from one company to another. So do not hesitate to shop around for the best rate guarantees equal.