What does third party fire and theft insurance cover.

What does third party fire and theft insurance cover mean. Third party fire and theft insurance covers you for any damage caused to a third party or their property if you are involved in an incident while also covering your own car if its damaged by fire or stolen. Third Party fire and theft allows you to claim for damage to your scooter due to a fire or if its stolen. The cost to repair fire damage to your car - Whether this is arson or accidental fire.

Third party car insurance covers damage to others as a result of an accident thats your fault. Third party cover will pay out for any damage that you cause to someone elses vehicle or property as a result of a car accident. Third Party Fire and Theft Car Insurance is a basic form of Car Insurance that provides cover for accidental damage caused to another persons vehicle.

Defined as the first party being the purchasing policyholder second party being the car insurance company and the third party being the individual or individuals who make a claim against your insurance due to an accident that was your fault. Normally youll only have to pay the excess if youre. A third-party fire and theft motorbike insurance policy offers cover for any damage you do to a third-party their vehicle or their property just as third-party only insurance does.

Damage to another persons car or property If caused while using your car attached trailer or caravan subject to assessment up to 20000000. Third party fire and theft car insurance covers you for any damage made to a third party due to an accident as well as damage to your car caused by a fire or theft. TPFT adds to this also paying out to remedy fire damage to your vehicle to replace it if its stolen or to fix any damage caused during an attempted theft.

Damage to your car is not covered by third party car insurance. If you opt for a comprehensive policy you can choose an excess between 150 and 1050 but the default excess is 350 1. If youre involved in a car accident and its found to be your fault TPFT insurance will cover any damage you caused to the other person and their property.

TPO covers damage to other people and other cars but any damage to your own car is your responsibility to fund and sort. Comprehensive car insurance on the other hand will cover damage to your car as well. This is the minimum level of insurance required by Irish law to drive a vehicle.