Your third-party liability covers the following.

What does non-compulsory third-party property insurance cover. It might also cover the cost to repair the damage and loss caused to someone elses vehicle or property and it covers you generally up to 20 million for your legal liability in the case of you causing damage to another persons property. The Personal Liability Cover offers financial protection for property owners should a third party lay a claim against a homeowner for accidental death injury or illness which may occur on their property. Legal fees and lawsuits as a result of the accident.

This is to specifically protect property owners from any third party claims. It also covers expenses if your vehicle is damaged in a fire or stolen. Repair costs for vehicles damaged in an accident caused by you.

Thats why this is the basic car insurance coverage. What It Would not Cowl. The current voluntary civil liability in some third-party insurances allows the extension of the financial limit for each hazard and is beneficial when the maximum amount required by legislation is not sufficient to restore the damage or authorization caused.

There are two kinds of Third Party Liability. Third Party Fire and Theft insurance offers some protection for your car while paying for damage to other peoples property. Because - CTP insurance does not cover theft vandalism fire or any property damage caused to your car or another partys car whether it was your fault or not.

Kinds of Third Party Liability. For example there are cases in which Compulsory Civil Liability Insurance does not cover damages to third parties when those affected are close relatives or personal objects of the insured and his family. Medical costs for anyone youve injured.

Third party property is for the cost of repair of any vehicles you hit and are liable for User 478700 64 posts. Typically these two are the most claimed liabilities since they most commonly occur. Repair costs to any property youve damaged.