Third-party car insurance is designed to protect you from legal action in the event that you cause an accident.

What does 3rd party insurance cover car. For that youd need a comprehensive insurance policy. January 8 2020 Categories. Third-party insurance protects you from any legally payable liability that occurred to the third party in your own car by an accident incident or any mishappening.

Thats why you need to be prepared for the off-chance you cause an accident that results in property damage or injuries. What does third party insurance cover. Third party car insurance is the minimum level of cover you can take out - it is a legal requirement.

Now to define third-party car insurance refers to a particular type of vehicle insurance which safeguards you against legal liabilities when you meet an accident with any third-party. In simple words it is an insurance policy that protects you from legal liabilities which may arise in case of an accident. That is Okay for an older car if.

Legal fees and lawsuits as a result of the accident. 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. So this is usually the other driver involved in an accident.

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. Repair costs for vehicles damaged in an accident caused by you. Third-party insurance covers you for.

A third party car insurance policy ensures that if you cause an accident any damage to the other persons vehicle or property will be paid for by your insurer. That means the CTP insurance you select when you register your car would pay for another partys personal injuries if you caused an accident. Your third-party insurance would cover the cost of the other persons car and medical expenses.