It provides a layer of cover for damage to your own car.

What does 3rd party car insurance cover in australia. Non-mandatory additional coverages like fire theft and collision coverage are available from private insurers. Weve got your back. Third Party Property Damage Insurance covers you for up to 20 million legal liability for any damage the use of your car causes to other peoples property or car.

Damage to your car. Except for our Damage caused by an uninsured driver standard feature or unless you have extended your policy to cover fire and theft up to 10000 this. 20 million liability cover.

This cover is different to Compulsory Third Party insurance CTP. Up to 10000 in cover for loss or damage to your vehicle caused by fire theft or attempted theft. It covers only this and nothing else up to a certain limit commonly 20 million.

CTP is an abbreviation for compulsory third-party insurance. Damage to another persons property. Repair or replacement costs for.

Liability cover up to 20 million for unintentional damage to someone elses vehicle or property. 296559 is the insurer of any life insurance products offered on this website. Third party fire and theft Third party only.

The coverage provided by ICBC is the basic level of coverage with 200000 in third-party liability insurance. Third party property insurance covers damage to other vehicles and property but not your own as well as your legal liability for property damage Want to protect your set of wheels. Third party property insurance which is voluntary covers your legal liability for damage your car causes to other peoples property including their car.