this is the mathematical and statistical means by which the insurer calculates the premium for a car/driver and a table is drawn up with complex formulas to calculate the price.

in order to undertake any driving whilst at work that is not personal, you must have business cover. This applies if you run an errand for your boss, drop the post off or undertake more formal busines [..]

this is the best type of motor insurance cover you can buy and covers damage to third party vehicles, other property and people as well as your own vehicle damage subject to the relevant excess.

this is the amount that you have to pay towards any claim for repair to your vehicle.

this is the tax that the government impose on the sale of an insurance policy which is currently 6% for most insurance products. It is similar to VAT on the purchase of goods

the loss adjuster is the representative of the insurance company who assesses the value of a claim to make sure it is reasonable and often negotiates the settlement.

when you complete an application for a car insurance policy or at any time during the life of the policy a material fact is something you must disclose to the insurer which could affect whether they w [..]

this is the monetary figure that the insurer pays out to settle a completed claim on your insurance policy.

the underwriter is the insurance company that pays out under a claim on your car insurance policy.

these are damages not covered under your insurance policy if you are the no fault party and can include your excess, damage to property, personal injuries and replacement cars costs.