So this is usually the other driver involved in an accident.

What does third party car insurance mean. You pay the full amount when you are 100 responsible. In that case one of the mandatory coverages in your car insurance policy called third-party liability insurance is triggered. Suppose it happens to you and you are found to be at fault for the collision.

Third party insurance is the minimum level of cover required to drive in Ireland and means that in the result of an incident any damage to a third party is covered but damage to your own car is not. What does third party insurance cover. This insurance pays for the injuries of the occupants of the other vehicle the cost of repairing it as well as damages caused when you are determined to be the at-fault driver.

As the name suggests third party insurance will only cover any third parties involved in a car accident which is the fault of the policy holder. Pay Full Amount. Third-party insurance covers you if you damage somebody elses car or property or injure somebody while youre driving but.

Also known as Liability-Only policy or Act-Only policy this type of four wheeler insurance provides coverage benefit only to third parties. Third party car insurance can be defined as liability insurance that is designed to provide protection to other motorists and property owners for the damage you cause. It covers damages and injuries caused by the insured vehicle to a third-party person or property.

A third-party car insurance plan provides coverage against any legal liability arising out of injuries to a third-party when the policyholder is at fault. In order to drive in Ireland you are legally required to have third party insurance in place at a minimum. It is referred to as a third-party cover since the beneficiary of the policy is someone other than the two parties involved in the contract the car owner and the insurance company.

This includes both their own passengers people in another car and pedestrians. Automobile insurance is broken down into multiple types each with a different deductible. Third party car insurance is a motor insurance contract that ensures protection of the vehicle owner against any unforeseen accidental liabilities arising out of third party vehicle damages property damages bodily injuries disability and death.