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.
What is comprehensive third party car insurance. Of course third party with fire and theft is exactly the same as third party except youre covered if your car is stolen broken into set on fire or vandalised. Comprehensive Car Insurance offers extensive coverage that covers Third-party Liabilities and Own Damage. Often third party cover can be split into two categories.
A comprehensive car insurance policy includes the coverage offered by both types of third-party policies. 8 rows Comprehensive insurance is an extensive car insurance policy that covers risk related to your. Specifically these may include loss damages and liabilities due to third party deaths or bodily injury personal accidents property damage accidental collisions theft malicious acts by third parties fire and explosions and Acts of God.
It includes newly bought cars temporary substitute vehicles cars you are using but dont own etc. In general a comprehensive car insurance policy will cover you for a wide range of damages injuries and loss to your passengers your vehicle and other property. If your car is damaged in the same event and the accident is your fault it wont be covered for repairs.
Car Insurance Comprehensive Definition 2021 Fully comprehensive car insurance tends to be cheaper than third party coverExtension cover to comprehensive policyThough comprehensive car insurance implies full or complete coverage this is not always the caseCar insurance comes in many shapes. There are two other types of insurance you can choose. Fully comprehensive third party fire and theft and third party only.
A strict third-party only policy or one that includes fire and theft cover for an additional cost. CTP insurance differs from state to state so its a. Comprehensive provides cover for loss or damage to your vehicle in the event of an accident fire or theft.
A 3rd party car insurance policy is a legal requirement for driving a car in India on public roads. Every vehicle plying in a public place should have third party insurance to compensate the loss suffered by the third party in case of an accident. 8 rows A comprehensive car insurance is more expensive than a third party policy simply because a.