Third-party insurance is a car insurance coverage which insures you against all the 3rd party legal liabilities which may arise due to any mishap such as a road accident involving your car.
What does third party car insurance cost. Your Basic insurance includes 200000 in Third Party Liability TPL coverage. Third-party car insurance is designed to protect you from legal action in the event that you cause an accident. It provides coverage for bodily injurydeath of a third party as decided by a court of law as well as third party property damage up to Rs.
Roadside Assistance Protection RAP. How much does third party car insurance cost. This can make an accident a major financial penalty.
Factors the provider will look at include the following. It offers protection for drivers if theyre at fault in an accident and the other party is hurt or even killed. Personal accident cover of up to Rs.
In 2013 the average claim for property damage from a car accident was 3231. Other types of car insurance. Some people rely on car rentals.
Fully comprehensive car insurance on the other hand is the most extensive. Which Additional Covers Can be Availed With Third Party Car Insurance Policy. For third-party auto insurance claims the person you injure or whose property you damage will make a claim directly to your insurance company and your insurer will deal with making a settlement.
Thats because one accident could easily exceed 200000 and you wouldnt want to be held financially responsible for the rest. How Does Third-party Liability Car Insurance Work. Third-party auto insurance claims.