In legal-speak the Compulsory Third Party CTP insurance which is part of every WA motor vehicle registration covers unlimited liability for personal injury caused by through or in connection with directly driving the insured motor vehicle in incidents to which the Motor Vehicle Third Party Insurance Act 1943 applies.

What does a 3rd party insurance cover. Maybe you would like to learn more about one of these. CTP is an abbreviation for compulsory third-party insurance. A non-compulsory third party property insurance covers the damage you might cause to another persons vehicle or property while driving.

Injury to a driver or passenger in another car third-party injury Damage to another persons car. Third-party insurance covers you for. Insurans Third Party Motor.

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. Third party car insurance is the minimum level of cover you can take out - it is a legal requirement. Your third-party liability covers the following.

It is referred to as a third-party cover since the beneficiary of the policy is someone other than the two parties involved in the contract the car owner and the insurance company. Motor third-party insurance or third-party liability cover which is sometimes also referred to as the act only cover is a statutory requirement under the Motor Vehicles Act. Third party insurance protects customers against financial ruin from potential claims for injuries or damages they may cause to another person.

It usually doesnt cover bodily injury thats caused to another road user during an accident. Repair costs for vehicles damaged in an accident caused by you. The medical and rehabilitation costs of another driver or anyone you have injured including a pedestrian or cyclist.

Third-party liability insurance will pay for any of the following. In other words when you purchase this coverage its designed to protect you financially if someone files a claim against you. Repair costs to any property youve damaged.