Repair costs to any property youve damaged.

What does 3rd party insurance cover car. Because third-party car insurance is the minimum legal level of cover it shouldnt be surprising that it covers only the minimum costs in case of an accident. 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. It provides compensation for people injured or killed in a car accident that is deemed to be not their fault.

February 15 2018 Updated on. 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. Third-party liability car insurance prevents you from paying for the damage out-of-pocket and is the only type of car insurance thats mandatory across Canada.

Be it physical injury death or loss to physical property your insurer will compensate for it. Insurance Car insurance Home insurance. Repair costs for vehicles damaged in an accident caused by you.

Medical costs for anyone youve injured. Your third-party insurance would cover the cost of the other persons car and medical expenses. That is Okay for an older car if.

Bangkok Bank will insure aliens and their car insurance is called Auto 1st 2Plus K-bank has something similar but they may only insure Thai car owners where you has close to same benefits as many 1st class insurances but 3rd party material damage is limited to 1 million baht and your own car is fixed to a maximum of for example 250000 baht Bangkok Bank. CTP is an abbreviation for compulsory third-party insurance. So this is usually the other driver involved in an accident.

Injury to a driver or passenger in another car third-party injury Damage to another persons car. That means the CTP insurance you select when you register your car would pay for another partys personal injuries if you caused an accident. See how our customers save big on auto insurance.