Extended Third-Party Liability will still be needed in some circumstances and provides coverage beyond your 200000 ICBC Basic Autoplan limit.
Can you still get third party car insurance. Third-party fire and theft TPFT cover is one of the three levels of car insurance you can buy. Thats why you need to be prepared for the off-chance you cause an accident that results in property damage or injuries. This kind of policy helps protect other people vehicles and property in the event of an accident that was deemed to be your fault.
So it is mandatory to get at least third-party car insurance. The term third party refers to a person involved with a car insurance claim who is not you the holder of the policy or the driver. You can however take out a higher level of cover called comprehensive car insurance instead.
Third-party only insurance TPO offers you the legal minimum level of car insurance cover and is the most basic youre able to get. Cost of the policy. So even if youre fully covered for your own car dont assume youre insured to drive other peoples cars otherwise you risk breaking the law.
If youre involved in a car accident and its found to be your fault TPFT insurance will cover any damage you caused to the other person and their property. There was a time when many fully-comp policies automatically gave you third-party insurance to drive any car but those days have gone. See how our customers save big on auto insurance.
Third-party insurance does not cover your loss if you have an accident says Ramalingam. Third party car insurance is the minimum level of cover you can take out - it is a legal requirement. Third-party insurance is a car insurance coverage which insures you against all the 3rd party legal liabilities which may arise due to any mishap such as a road accident involving your car.
Protect Your Bubble isnt the only source for low-cost third-party rental car coverage. Managing your Third Party Car Insurance online. Comprehensive insurance covers your own car for damages theft and fire as well as a third partys vehicle.