Third Party Only (TPO)
TPO insurance is not just practically important, it is also a legal requirement. Those who are caught without this policy in place are subject to points on their license, being disqualified from driving for a prolonged period of time and a hefty fine. This type of policy protects against injury to others and damage to their property, the kinds of incidents that occurs on British roads daily.
Third Party, Fire & Theft (TPFT)
An upgrade to TPO, TPFT insurance provides cover for vehicles that are stolen or those that are destroyed or damaged by fire. Although not legally required, it is often taken out alongside those that are because of its popularity and usefulness in the day-to-day running of a business with a vehicle or vehicles of this size.