When you live in a congested country like Malta with impatient drivers, narrow winding streets and pot holes the size of a moon crater, good car insurance is essential no doubt about that. Besides driving a vehicle without adequate insurance is also illegal. With hundredths of thousands of cars on our roads, accidents are nearly inevitable so don’t risk it honestly!

Finding the right type of car insurance to cover your vehicle can be a bit time consuming, as so many different types exist. However the best insurance companies have well trained staff to help you make the correct purchase. Here are some basic facts that you may find helpful:

What is the difference between fully comprehensive and 3rd party cover?

If you insure your vehicle with a fully comprehensive cover, in case of a collision with another vehicle or any other object, for which you are to blame, your insurance agency will pay to repair the damage caused to the other vehicle plus covering the costs to repair any damage done to your own vehicle.

In the case of the cheap 3rd party cover, the insurance agency will only cover the costs to repair the other vehicle. The costs to repair any damage to your own vehicle will be incurred by yourself. You can also choose to add on a Fire and Theft cover for your vehicle, which is quite self-explanatory.

What is a no claims bonus?

If you have held a policy with the same insurance agency for a number of years and you have not claimed at any point, the insurance agency will usually reduce the price you need to pay for your car insurance. Please be advised that such bonuses vary from one agency to another. Ask your insurer for more information.

Who should I insure to drive the vehicle?

Car insurance can be purchased in a way that allows more than one person to drive one particular vehicle. This is especially useful in the case of a family or a company car. Many different options are available.

For example you can insure a vehicle under your name (which means you can drive it) and one named driver. This can be the case when parents allow one of their children to drive their car. You can also insure your vehicle in a way, which allows you to drive it plus and any person aged 18/21/25/36/50 years, or over driving on your order or with your permission. One important thing to keep in mind is that as a general rule the more people can drive one particular car the more expensive the insurance is probably going to be.

Who should I insure my car with?

In Malta you are definitely spoilt for choice. There are many renowned and reputable insurance agencies offering car insurance. To obtain the best cover and price for your needs do your research properly. Check their websites, call them, and ask for quotes and information. Don’t feel embarrassed to ask them what makes them better than other agencies. All the staff working there should know the answer to that, with competition being as fierce as it is. This may be time consuming but shopping around will really save you money and make sure you end up purchasing an insurance cover which fits your needs.

Before signing an insurance agreement make sure you read the contract carefully and if there is something that you don’t understand ask a member of staff to clarify the matter for you.

Finally if you are not sure from where to start here are a few of Malta’s leading car insurance agencies:

  • Atlas Insurance Head Office – 48-50 Ta’ Xbiex Seafront, Ta’ Xbiex XBX1021 – Tel: (+356) 23 435363
  • Citadel Insurance – 26 Market Street, Floriana FRN1082, Malta – Freephone: 80072322 (Malta only)
  • Elmo Head Office – Abate Rigord Street, Ta’ Xbiex XBX1111, Malta – Tel: (+356) 23 430000
  • Gasan Mamo Insurance – Head Office, Msida Road, Gzira, Malta – Tel: (+356) 21 345123, 27 345123
  • Middle Sea Insurance – Middle Sea House, Floriana FRN1442, Malta – Tel: (+356) 21 246262