So this is usually the other driver involved in an accident.
Can you still get 3rd party car insurance. If you cause injury death or property damage third party liability car insurance is applicable and will cover these claims up to your policy limit. 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. 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.
Third party insurance is a type of motor insurance policy that financially protects the car owner against third party legal liabilities resulting out of an accident involving the car. 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. Remember a third-party insurance policy defends you securely in case of accidents.
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. The level of cover offered by third-party insurance policies can be good for drivers who are more likely to claim for any damage they cause when driving and for drivers who can afford to pay repair costs for their own car without needing to claim on their insurance. The most basic kind of car insurance that you can get is third party insurance.
Third-party Liability Insurance Examples You back into your neighbours fence. In other words any damage to your own car or other property of yours is not covered and you would have to pay for it out of your own pocket. You will not be subjected to any of those court tribunals if you have got a valid third-party car insurance policy.
It provides coverage against any property damages physical injuries or death of third parties if the car owner is at fault. This covers you in the event of any damage caused to a third party or their property. Third-party insurance does not cover your loss if you have an accident says Ramalingam.
Third-Party Rental-Car Insurance. How do I make a Claim in a Third-Party Car Insurance. What is third party fire and theft.