First off all car owners need Compulsory Third Party CTP insurance its a legal requirement.

Do i need third party car insurance. This is the minimum amount of insurance youre allowed to have if you own a vehicle in Canada. Buying third party only car insurance is ideal for drivers who can afford to pay repair costs for their own car without needing to claim on their insurance. Third-party insurance pays the charges when someone makes a claim against you or your car insurance company.

You should definitely consider third-party liability insurance if you want to save money on your car insurance. Third party insurance is the least amount of cover that you should legally have on your car. How does third party insurance work then.

Third party liability insurance TPL covers you and others who drive your car with your permission if claims are made for damages caused to someone else the third party. Third-party liability insurance TPL is an important form of protection found in your automobile policy. Some people rely on car rentals.

In such occasions the casualty is permitted to enlist a case claiming for remuneration. Third-party liability covers you if you seriously injure or kill another person or damage property. Why Do You Need Third Party Motor Insurance.

It covers the victims property and any medical costs due to injury. These include claims for damage to property bodily injury or death. This means that issues with your own vehicle following a crash will need to be paid for by you.

These include claims for damage to property bodily injury or death. DOC is there for emergencies. TPL is a part of the standard insurance policy that all owners of automobiles including cars trucks motorcycles.