Car Insurance Service

Car Insurance. Optional legal expense cover is well worth the extra.

 

Summary

Opt in for legal expense cover. Why and what does it cost? This article explains.

Author: Michael Challiner

Peter, our freelance journalists doesn't take kindly to ( cheap loans ) people driving into his

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beloved car. No, he doesn't use his fourteen stone of gym-honed muscle to exact retribution nor is he into road rage. Of course he's got his car comprehensively insured but he's also covered another way.

He's got legal insurance. He included in his car insurance as an optional extra. This extra cover allows him to claim for costs and losses excluded covered ( unsecured loans ) from normal comprehensive and third party policies. So four months ago when his car was whacked from behind at the traffic lights, the legal profession swung into action! Not for free you understand, after all who's heard of a solicitor labouring for free? No, but it was free to Peter – his insurance company paid all his legal costs.

Whilst the garage appointed by his insurer made a beautiful job repairing his bent MX5, his comprehensive policy didn't normally cover claims for ( personal loans ) personal injury or loss of earnings. So the extra £2 a month Peter forked out for legal expense cover, became money well spent. He's already received compensation for the broken wrist he suffered and negotiations for his loss of earnings are well advanced. One-handed journalists aren't much use in our office so he took a month off!

Legal expense insurance assists policyholders to claim back ( home insurance ) losses and compensation where the accident wasn't their fault. The losses can include the cost of hiring a replacement car whilst yours is in the garage and, for those not comprehensively insured, the costs of having your car repaired. As in Peter's case, legal expense insurance will also fund claims for personal injury and loss of earnings.

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