is a term used to describe the situation when both parties involved in an incident are deemed to be partially at fault. When this occurs, both of their insurance companies will contribute toward the c [..]

The Association of British Insurers. It is a market association and its members are insurance companies operating within the UK. It exists to promote the interest of its members in all classes of insu [..]

This term is used by some insurance companies who will offer a shorter contact of insurance (for example 9 months) and at the end of this contract (despite not having been insured for a full year) the [..]

Are those items forming part of the vehicle such as the spare wheel, jack, permanently fitted radio etc. Most usually form part of the original vehicle specification, although some are fitted after ma [..]

Groups that share a common interest to which individuals can become members (formally or otherwise). They are generally non-governmental and non-commercial. Certain insurance companies will align with [..]

are websites that enable a person to gain several quotes for a particular insurance product by only providing their details once (usually on-line). They are most commonly referred to as Price Comparis [..]

instead of a vehicle's value being determined by ‘Market Value' it is instead agreed before the insurance contract is formed and is the amount that will be paid if the vehicle were a total l [..]

Anti-Lock Braking System. If a car fitted with ABS were to brake hard then the system will prevent the wheels from locking (which means the vehicle is much less likely to skid uncontrollably). Most in [..]

is a motor insurance policy that permits any person to drive the vehicle (provided they are legally entitled to do so). Such policies are not commonly offered as they expose the insurance company to c [..]

Automatic Number Plate Recognition. This is a system whereby certain fixed sites and police cars are fitted with cameras linked to the Motor Insurance Database. The cameras take an image of a vehicle& [..]