On Thu, 30 Jun 2016 21:18:38 +0100, Rod Speed wrote:



"James Wilkinson" wrote in message
news
On Thu, 30 Jun 2016 17:31:32 +0100, dennis@home
wrote:

On 30/06/2016 16:17, James Wilkinson wrote:


That's the way I'd like it, but it's illegal to do that in the UK. Some
bull**** about you might write off a Ferrari and be unable to pay.


That is incorrect, you can write off a ferrari and have to payif you
have RTA insurance. However you would be covered for injuring someone
else.

The minimum insurance you are allowed is "third party" which covers the
Ferrari.

Nope, that is the first or second party.

In the UK that doesn't exist. We have:
3rd party: fully reimburses injury and car and property damage to other people if it's my fault.
3rd party fire and theft: as above but covers fire and theft of my own car aswell.
Fully comprehensive: pays for everything including damage to my own car caused by myself.

--
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The graduate with an engineering degree asks, "How does it work?"
The graduate with an accounting degree asks, "How much will it cost?"
The graduate with an arts degree asks, "Do you want fries with that?"