Driving without motor insurance - which is illegal in the UK - means you would at the least get into trouble with the police if you were involved in an accident with another driver. At the very least you would have to pay for damages yourself and would lose out if the car was beyond repair or stolen as well as prosecution.

That is why car insurance is so important. If you were involved in an accident and depending on the level of cover you have, you could claim for repairs to the car and if it was written-off you would get the value of the car back. You could also claim medical and legal costs and many other things.

Do your homework online and consider which of the three motor insurance policies would suit your circumstances the most. Motor insurance cover is essential even if it is only the most basic of policies that you take out.

If your car is worth over a few thousand pounds, then fully comprehensive insurance cover will often be the best type of insurance cover for your vehicle. If you need to keep the cost down then third party, fire and theft cover will save you money while providing cover for fire and theft of your car as well as any third party costs.

The cheapest policy is third party only but provides little financial protection for your own car. Repairs to your car would have to come out of your own pocket if you did not have cover, if the car was stolen you would not get anything back nor would you be able to claim for injuries sustained in an accident.

Your insurance cover could pay for your own and the other parties' repairs. It could also give you cover if your car was stolen or if it was totally destroyed beyond what the insurance cover company would payout. It would also cover many other eventualities.

Often the easiest and among the cheapest of ways to take out motor insurance is by comparing the policies premiums online - or get a specialist broker to do so. By taking advantage of a broker's expertise, you can find a competitively priced policy that is suitable for your needs.

Ways to save money

Fitting extra security measures such as a steering wheel lock, immobilising your car and even keeping it in a garage rather than on the side of the road can all go towards lowering your insurance cover.

If you offer to pay out more in excess then you can often get premiums a whole lot cheaper. All insurance cover companies will ask that you pay so much towards the cost of the claim and by paying a little more you can make savings.

One way to ensure you keep on saving on the cost of your insurance cover is to avoid automatically renewing your policy each year. Moving from company to company will often make sure you get the cheapest deal.

Don't forget that before you sign on the dotted line, motor insurance policies need comparing for what is included within the cover. They all differ and some insurance cover companies might offer a better deal than others for the same cost.

Make the most of the internet for information when researching for your motor insurance as it offers many tips on ways to save along with what to look for and how to choose the right policy suitable for your needs.