Midweek Money: Woolwich Insurance

Services is launching a new guide to the most commonly used motor insurance terms to help drivers understand just what their policies offer. It also gives key questions drivers should ask when taking out cover, including:

n What is the real cost of any excesses? Some insurers impose cumulative excesses that are higher than the originally-quoted figure.

n Does the policy offer a courtesy car? If so, is it provided automatically?

n Is European travel included, or do you have to tell the insurer each time you go abroad? Some charge up to pounds 30 for foreign visits.

Call 0645 454545 for guide