Third party car insurance covers injuries or death of third parties due to an accident.

What is 3rd party auto insurance. Your third-party liability auto insurance questions answered. This includes death and coverage will. What is third-party auto insurance.

See how our customers save big on auto insurance. Third-party insurance protects individuals against the claims of another. Third party car insurance is a motor insurance contract that ensures protection of the vehicle owner against any unforeseen accidental liabilities arising out of third party vehicle damages property damages bodily injuries disability and death.

Unfortunately accidents often result in legal proceedings and lawsuits. This policy safeguards the interests of those who might be injured or whose property might be damaged because of an accident involving the insured vehicle. It offers two types of coverage.

Even if you do everything you can to prevent damage or injury they still happen. Broadly third-party insurance is a type of insurance purchased by a person or business first party from an insurance company second party to protect them from claims of people they may accidentally hurt or wrong third party. A 3rd party car insurance policy is a legal requirement for driving a car in India on public roads.

Your liability coverage will pay for accident benefits medical costs lawsuits and damages awarded to the injured party but it will only pay up to the amount of coverage you have chosen. Third-party insurance pays the charges when someone makes a claim against you or your car insurance company. Motor third-party insurance or third-party liability cover which is sometimes also referred to as the act only cover is a statutory requirement under the Motor Vehicles Act.

In other words when you purchase this coverage its designed to protect you financially if someone files a claim against you. Basically third-party insurance is liability coverage thats purchased by a consumer first party from an insurance company second party to protect against claims from other people third party for injuries or damage the first party causes. Third-party auto insurance also known as liability insurance is a type of car insurance that pays for losses you cause others.