The third party is the basic car insurance policy which at least has to be carried by every car owner while driving.

What is covered by 3rd party car insurance. A 3rd party car insurance policy is a legal requirement for driving a car in India on public roads. 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 an accident the policy will cover only damage to the other car.

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 covers injuries or death of third parties due to an accident. The own damage covers the loss or damage to the car due to insured perils while the third party covers the death of third party.

Otherwise those costs are on you. Injury to a driver or passenger in another car third-party injury Damage to another persons car. This meant it was legal to drive another car without being a named driver but that you could be liable for the full cost of any damage to the vehicle.

Its the lowest level of cover third-party only. Third-party insurance covers you for. Repair costs for vehicles damaged in an accident caused by you.

Because third-party car insurance is the minimum legal level of cover it shouldnt be surprising that it covers only the minimum costs in case of an accident. A third party car insurance policy ensures that if you cause an accident any damage to the other persons vehicle or property will be paid for by your insurer. An alternative would be to be added to the other cars policy as a temporary driver with fully comprehensive temporary car insurance.

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. In other words when you purchase this coverage its designed to protect you financially if someone files a claim against you. Thats why you need to be prepared for the off-chance you cause an accident that results in property damage or injuries.