Car Insurance Jargon Buster
Car insurance, just like any other financial product, has its fair share of arbitrary terms and oblique jargon that means nothing to people who don't work in the industry every day.
Fortunately, that's just what we at moneysupermarket.com do. As a result, we've written a jargon buster in order to help you wade through the technical speak that you might come across when searching for a quote or making a claim.
ABI group - this is the risk group, set by the Association of British Insurers, that you car has been placed to. All cars fall into a group, with smaller and cheaper to repair cars belonging to the lower ranked groups, up to high powered sports cars in group 50.
Approved repairer - insurers will often prefer for any repair work to be done by a garage they know and trust: - these are known as approved repairers.
Comprehensive - this is the most complete type of cover you can currently purchase. This is often known as "fully comprehensive", but that is a slight misnomer - each company has a different idea of what "comprehensive" actually means.
DOC cover - this stands for Driving Other Cars, and does exactly what it says on the tin. This covers you to drive cars other than the one mentioned in the policy.
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Fault/no-fault claim - a no fault claim refers to a case where you are not at fault, and as such your insurer can claim costs back from a third party. A fault claim is slightly different however, as a fault claim refers to any case where the company cannot claim expenses back - in the case of someone driving without insurance, for example.
Car insurance, just like any other financial product, has its fair share of arbitrary terms and oblique jargon that means nothing to people who don't work in the industry every day.
Fortunately, that's just what we at moneysupermarket.com do. As a result, we've written a jargon buster in order to help you wade through the technical speak that you might come across when searching for a quote or making a claim.
ABI group - this is the risk group, set by the Association of British Insurers, that you car has been placed to. All cars fall into a group, with smaller and cheaper to repair cars belonging to the lower ranked groups, up to high powered sports cars in group 50.
Approved repairer - insurers will often prefer for any repair work to be done by a garage they know and trust: - these are known as approved repairers.
Comprehensive - this is the most complete type of cover you can currently purchase. This is often known as "fully comprehensive", but that is a slight misnomer - each company has a different idea of what "comprehensive" actually means.
DOC cover - this stands for Driving Other Cars, and does exactly what it says on the tin. This covers you to drive cars other than the one mentioned in the policy.
Get a new car insurance quote now
Fault/no-fault claim - a no fault claim refers to a case where you are not at fault, and as such your insurer can claim costs back from a third party. A fault claim is slightly different however, as a fault claim refers to any case where the company cannot claim expenses back - in the case of someone driving without insurance, for example.
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