The own damage covers the loss or damage to the car due to insured perils while the third party covers the death of third party.

What is covered under 3rd party car insurance. It provides coverage for bodily injurydeath of a third party as decided by a court of law as well as third party property damage up to Rs. Third party insurance protects customers against financial ruin from potential claims for injuries or damages they may cause to another person. This can include medical bills legal fees lost.

This comprises the Third-party Liability policy Own Damage Insurance cover and a Personal Accident cover. What is Third Party Car Insurance. Also known as Liability-Only policy or Act-Only policy this type of four wheeler insurance provides coverage.

The deductible is the amount you must pay before your basic plate insurance covers the rest of the costs. A third party cover acts as a shield to the insured person as it helps bear the cost of the third partys injuries. What Is Covered By Third-party Liability Insurance.

Medical costs for anyone youve injured. Drivers are recommended to buy extra coverage from private insurers. Legal fees and lawsuits as a result of the accident.

Repair costs to any property youve damaged. First Party insurance is a policy that is beneficial for you the car owner. What Is Covered Under Third Party Car Insurance Policy.

An alternative would be to be added to the other cars policy as a temporary driver with fully comprehensive temporary car insurance. You would be liable for the damage caused to the car youre driving. Bodily injury liability BIL will cover you by paying for expenses if you injure someone in a vehicle accident.