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The A-Z Motor Insurance Guide.

 

When looking into buying motor insurance it can be a bit daunting when you come across all the terminology involved. So we have compiled a guide to insurance terminology.

 

Click on the relevant letter that the term or word begins with and find out what it means.

 

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

 

M

 

Mechanical Breakdown Insurance

Cover that protects against the cost of having a breakdown in respect of either vehicles or household appliances.

 

Motor Insurance

An insurance policy covering legal liabilities that arise during the use of a vehicle. Comprehensive cover also means that any damage to the vehicle is included as part of the policy. In the UK , the minimum legal cover in respect of motor insurance is third party insurance.

 

Mutual

A company that is owned by the people who are its policyholders.

 



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