Third-party fire and theft TPFT cover is one of the three levels of car insurance you can buy.
What does third party fire and theft mean in car insurance. With an RACV Third Party Property Fire and Theft Insurance policy youll be covered for a range of events. This type of insurance does not extend cover for accidental damage to your own vehicle. Third-party fire and theft car insurance is a mid level of cover for your car.
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. It doesnt cover your own vehicle should it be damaged in an accident. While it doesnt cover everything it can provide peace of mind when youre on the road.
If you want to take a closer look at exactly what Third Party Fire Theft Car Insurance covers please refer to the Policy Book. Up to 10000 in cover for loss or damage to your vehicle caused by fire theft or attempted theft. Because it doesnt offer the same level of cover as comprehensive car insurance its a whole lot more affordable.
Third party fire and theft insurance is a mid-level policy option that combines a broad range of cover with affordable premiums. A Third Party Fire and Theft policy covers any damage to a third party or their property resulting from an incident as well as any damage to your own vehicle caused by fire or theft. The cost to replace your car if it is stolen and cannot be recovered.
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. However this policy also covers your car stolen or gets damaged or spoil in the event of a fire. Third party fire and theft car insurance offers cover for three things third party damage fire and theft.
The third-party fire and theft mean that this policy will cover any damage to a driver or their car or property by the mistake of driving. Itll pay out for damage you cause to other vehicles or property or if your car is stolen or damaged by fire. In addition to this your car is covered in the event of theft hijacking or fire.