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.

Can you still get third 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. Cost of the policy. Third-party only insurance TPO offers you the legal minimum level of car insurance cover and is the most basic youre able to get.

If the accident is not your fault however you can claim against the. So even if youre fully covered for your own car dont assume youre insured to drive other peoples cars otherwise you risk breaking the law. You can however take out a higher level of cover called comprehensive car insurance instead.

Coverages like third-party property damage third-party injuries legal liabilities arising out of an accident and a personal accident cover are taken care of. A higher level of cover to Third Party Property Damage it can cover you for loss or damage to you car caused by fire theft or attempted theft. 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.

This kind of policy helps protect other people vehicles and property in the event of an accident that was deemed to be your fault. A third party car insurance policy ensures that if you cause an accident any damage to the other persons vehicle or property will. When you buy a new car it is mandatory for you to buy a car insurance plan too.

So this is usually the other driver involved in an accident. 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. Comprehensive insurance covers your own car for damages theft and fire as well as a third partys vehicle.

Third-party Liability Insurance Examples You back into your neighbours fence. Third party car insurance is the minimum level of cover you can take out - it is a legal requirement. Extended Third-Party Liability will still be needed in some circumstances and provides coverage beyond your 200000 ICBC Basic Autoplan limit.