Orlando Harmon
AM motors insurance offers a range of insurance policies for motorists, including car and motorcycle insurance. The company provides different tiers of coverage, from the basic third-party insurance to comprehensive plans that cover accidents, theft, and vehicle damage. AM motors insurance also offers additional benefits such as 24/7 emergency assistance, legal support in accidents, and courtesy cars. The cost of insurance is determined by various factors, including the driver's age, location, vehicle type, and driving habits. AM motors insurance aims to provide tailored coverage options to meet the diverse needs of motorists.
| Characteristics | Values |
|---|---|
| Company Name | Admiral |
| Insurance Type | Car Insurance |
| Cover Levels | Third Party Only, Third Party Fire and Theft, Comprehensive |
| Add-ons | 24-hour emergency helpline, courtesy car, personal injury cover, MultiCover Insurance, MultiCar Insurance, LittleBox Insurance |
| Price Factors | Age, driving experience, location, car make and model, driving habits, insurance premium tax |
| Discounts | Referrals, bundling home and auto policies |
| Other Products | Motorcycle Insurance |
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What You'll Learn
Comprehensive cover
Comprehensive car insurance covers you for accidental loss or damage in the event of fire, theft or attempted theft. It also covers liability for damage your car has caused to other people's vehicles and property. This includes collisions with uninsured drivers, although this may be capped at a certain amount and require details of the other driver and vehicle. Comprehensive insurance can also include windscreen, glass, and sunroof repairs or replacements without paying excess for one claim per year.
Comprehensive insurance is a broader type of coverage than Third Party Property Damage Car Insurance. It can also include optional extras such as roadside assistance. Comprehensive insurance can also be tailored to specific vehicles, such as motorcycles.
The amount covered by comprehensive insurance depends on whether you insure for an agreed amount or for market value. If you insure for an amount, you must ensure that this covers the value of the vehicle as well as any accessories and modifications. If you insure for market value, the value of accessories and modifications will be included in the vehicle's market value, which is determined at claim time.
Comprehensive insurance can also provide peace of mind with additional features such as hire car cover, meaning you can still get around while your car is being repaired or replaced. It can also cover legal costs if you are in an accident that is not your fault.
Overall, comprehensive car insurance provides extensive coverage for various scenarios, giving you financial protection and helping you get back on the road as quickly as possible.
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Third-party insurance
One of the benefits of third-party insurance is that it can be upgraded to include additional coverage. For instance, you can add fire and theft cover to protect your car from accidental damage caused by fire or theft attempts. This is often referred to as Third Party Fire and Theft Insurance. Additionally, some insurance providers offer coverage for damage to your car caused by uninsured drivers, up to a certain amount, if you can provide their details and prove they were at fault.
It is important to note that third-party insurance does not cover damage to your own vehicle in most cases. If you want protection against accidental loss or damage to your own car, comprehensive insurance would be a more suitable option. However, in certain situations, such as when your car is less than two years old and you are the first registered owner, some insurance providers may offer a replacement with a new car of a similar make and model if your car is stolen or damaged beyond repair in a covered incident.
When considering third-party insurance, it is always advisable to carefully review the specific terms and conditions offered by different insurance providers. Understanding the coverage limits, exclusions, and any additional benefits included in the policy will help you make an informed decision about the most suitable insurance plan for your needs.
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Insurance pricing
Insurance companies use multiple factors to calculate what they charge a customer for their insurance policies. The pricing of insurance policies is determined by the type and amount of coverage provided. Basic insurance policies will have lower premiums, whereas comprehensive insurance will have higher premiums.
The cost of insurance is also influenced by the likelihood of a claim being made. This is determined by various factors, including the policyholder's age, gender, and location. For example, mature drivers tend to have fewer accidents than younger drivers, and women are statistically less likely to be involved in accidents than men. As a result, younger drivers and men will typically pay higher premiums.
The location of the policyholder is also significant. Urban areas, with higher rates of vandalism, theft, and accidents, generally lead to higher insurance prices than rural areas. Within urban areas, the specific neighbourhood matters too, with the number of claims in a particular area influencing the insurance pricing. The location of where the car is parked, such as on the street or in a secure garage, can also impact the insurance cost.
The type of car being insured is another critical factor in determining insurance pricing. The cost of the car itself is considered, along with variables such as the likelihood of theft, repair costs, engine size, and safety record. Cars with better safety equipment may qualify for premium discounts. The insurance company will also assess the potential damage the vehicle could inflict on another car in an accident, which may increase the liability insurance cost.
Other factors that influence insurance pricing include the policyholder's driving habits and credit score. Those who drive more frequently or commute are more likely to be involved in accidents, resulting in higher premiums. A person's credit score is used to predict the likelihood of filing an insurance claim and the potential cost of that claim, impacting the insurance pricing accordingly.
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$9.68
Motorcycle insurance
You can also add guest passenger liability coverage, which will pay for any injuries sustained by a passenger in an accident, up to your policy's limit. This is sometimes included in bodily injury liability coverage, but it depends on the state, so it is worth checking. If your motorcycle is stolen, some providers will pay you the fair market value of the bike minus your deductible.
There are ways to lower the cost of your motorcycle insurance. Taking a motorcycle safety course can result in discounts, and installing anti-theft devices such as alarms or GPS tracking systems will also reduce the risk of theft and therefore lower your premiums. You can also bundle your motorcycle insurance with other insurance policies, such as auto, homeowners, renters, RV, or boat insurance.
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Add-ons
Breakdown Cover
Breakdown cover provides assistance if your vehicle breaks down or experiences mechanical problems. It typically includes unlimited roadside callouts, misfuelling cover, and 24-hour emergency rescue services. This add-on can be a lifesaver if you're stranded on the side of the road and need immediate assistance.
Motor Legal Protection
Motor legal protection covers legal costs if you're involved in an accident that is not your fault. It can provide up to £100,000 in legal expenses, ensuring you have the financial resources to seek justice and protect your rights.
Hire Vehicle Cover
Hire vehicle cover provides you with a replacement car if your vehicle is written off or stolen. This add-on keeps you mobile and ensures you have a temporary vehicle while your own car is being repaired or replaced.
Personal Injury Cover
Personal injury cover provides financial assistance if you're injured in an accident, even if it's a minor injury. It can offer up to £100,000 in coverage for medical expenses and other related costs, ensuring your health and well-being are taken care of.
No Claim Bonus Protection Cover
The No Claim Bonus (NCB) is a reward for policyholders who don't register any claims during the policy period. It provides a discount on renewal premiums, typically ranging from 20% to 50%. With the NCB protection cover add-on, you can protect your NCB discount even if you make a claim during the policy period.
Consumables Cover
Consumables cover reimburses you for the cost of replacing consumable items that need to be periodically replaced, such as engine oil, coolant, brake oil, and power steering fluid. These items are typically not covered under standard comprehensive motor insurance policies, so this add-on can help offset the costs of maintaining your vehicle.
Remember to carefully review your car insurance policy and consider your specific needs before selecting any add-ons. Each add-on comes with its own terms and conditions, and understanding the coverage provided will help ensure you have the protection you require.
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