At times car accidents can lead to the physical disability of a third party.

What does 3rd party insurance cover. Your third-party insurance would cover the cost of the other persons car and medical expenses. For that youd need a comprehensive insurance policy. Since the third-party insurance cover.

This type of policy means you can also claim for your vehicle if. Under a third-party policy the insurer covers the liabilities in case the policyholder is responsible for any injury or loss to a third party. Insurans Third Party Motor.

It usually doesnt cover bodily injury thats caused to another road user during an accident. Legal fees and lawsuits as a result of the accident. Third-party insurance covers an individual or firm against a loss caused by some third-party.

However it covers the insureds legal liability for deathdisability of third-party loss or damage to the third-party property. What Does 3rd Party Motor Insurance Cover in Nigeria. Third-party liability insurance will pay for any of the following.

That means the CTP insurance you select when you register your car would pay for another. It includes newly bought cars temporary substitute vehicles cars you are using but dont own etc. The medical and rehabilitation costs of another driver or anyone you have injured including a pedestrian or cyclist.

In other words when you purchase this coverage its designed to protect you financially if someone files a claim against you. Car Insurance Comprehensive Definition 2021 Fully comprehensive car insurance tends to be cheaper than third party coverExtension cover to comprehensive policyThough comprehensive car insurance implies full or complete coverage this is not always the caseCar insurance comes in many shapes and sizes. 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.