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It covers the victims property and any medical costs due to injury.
What does third party car insurance include. Third-party car insurance is designed to protect you from legal action in the event that you cause an accident. In laymans terms it means that anyone who is personally injured. February 15 2018 Updated on.
Third-party liability coverage is the portion of an insurance policy that protects you if youre sued or threatened to be sued for a physical injury or damage to someone elses property. Legal fees and lawsuits as a result of the accident. Repair costs to any property youve damaged.
The main purpose of a Third-Party car insurance is to cover you from losses and damages caused to a third-party due to your own car. Third party property car insurance sometimes called Third Party Property Damage covers damage to other peoples vehicles and property. But what does that mean.
Written by Stephanie Fereiro Published on. Third-party insurance for a car is a cover to protect you from any major liability occurring during your own car accident such as injuries or damage to third party property. Medical costs for anyone youve injured.
Third party car insurance is the minimum level of cover you can take out - it is a legal requirement. This includes both their own passengers people in another car and pedestrians. Third-party means it didnt happen to you but to someone else.
So this includes situations such as if you bump into a car or damage ones personal property. What does third party insurance cover. A third party car insurance policy ensures that if you cause an accident any damage to the other persons vehicle or property will.