If you have a crash and your vehicle is damaged you might have to carry out the repairs at your own expense.
What does third party insurance cover theory. See how our customers save big on auto insurance. Third Party Car Insurance covers - injury to another person damage to someones property damage to other vehicles. Since the third-party insurance cover is.
The policy does not provide any benefit to the insured. Injury to a driver or passenger in another car third-party injury Damage to another persons car. This is the minimum level of insurance you need to drive on public roads.
This insurance policy covers the third party a person who may claim against you due to an accident that was your fault. The term third party refers to a person involved with a car insurance claim who is not you the holder of the policy or the driver. If you have a crash and your vehicle is damaged you might have to carry out the repairs at your own expense.
Repair costs for vehicles damaged in an accident caused by you. The definition of third party car insurance is the first party the individual who purchases the car insurance purchases the policy from the second party the insurance company. A third party car insurance policy ensures that if you cause an accident any damage to the other persons vehicle or property will.
However it covers the insureds legal liability for deathdisability of third-party loss or damage to the third-party property. Third-party liability coverage is the portion of an insurance policy that protects you if youre sued or threatened to be sued for a physical injury or damage to someone elses property. However it doesnt cover any damage caused to your own vehicle or property.
Third party insurance protects customers against financial ruin from potential claims for injuries or damages they may cause to another person. Third party car insurance is the minimum level of cover you can take out - it is a legal requirement. Third Party Fire and Theft Car Insurance covers the above plus damage to your vehicle through fire and theft.