Even if you do everything you can to prevent damage or injury they still happen.

What is a third party car insurance claim. 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. 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. A 3rd party car insurance policy is a legal requirement for driving a car in India on public roads.

In a third party insurance policy the first party is you the insured person and your vehicle the second party is the insurance company and the third party is any third person who can file a claim if your vehicle causes them any injury death or property damage. You were involved in a car accident you werent at fault and the accident didnt occur in a no-fault state. For example if you cause an accident on the freeway and injure a passenger in the other vehicle that passenger can be a third party who can file a claim against your insurance company.

Read on to learn more about how they work. It offers protection for drivers if theyre at fault in an accident and the other party is hurt or even killed. The third party has paid the repair cost.

When you file an insurance claim with another drivers insurance company its called a third-party claim. Unfortunately accidents often result in legal proceedings and lawsuits. The insured person is termed as first party the insurer or the insurance provider is termed as second party and the person who is.

Under a third-party policy the insurer covers the liabilities in case the policyholder is responsible for any injury or loss to a third party. Whether thats a third-party property person or even another vehicle itself. But very few remember to claim this insurance when it is required or the vehicle is damaged by others.

Third-party liability insurance TPL is an important form of protection found in your automobile policy. A Third-Party Insurance basically covers for all expenses that arise in cases where you of course while driving happen to damage any third-party. 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.