But getting coverage has never been more accessible with third-party car insurance as the process has several hooks and nooks.
What is covered by third party car insurance. 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. Expenses incurred during the court trial. So this is usually the other driver involved in an accident.
Now to define third-party car insurance refers to a particular type of vehicle insurance which safeguards you against legal liabilities when you meet an accident with any third-party. Keith is reversing out of a parking space. What Is Covered By Third-party Liability Insurance.
The Motor Vehicle Act 1988 makes third party liability cover as mandatory for all vehicles running on the streets. Thats why you need to be prepared for the off-chance you cause an accident that results in property damage or injuries. This comprises the Third-party Liability policy Own Damage Insurance cover and a Personal Accident cover.
A third party car insurance covers the insurer against any damage or legal liability caused to a person or property other than the one insured. Your third-party liability covers the following. There are two different types of third-party coverage for auto insurance and theyre both required in most states.
However with a wide array of insurers agents and enforcers on the team investing in car insurance. Legal fees and lawsuits as a result of the accident. What All is Covered Under a Third Party Car Insurance.
You can also choose Add-ons with such a policy. Every car owner must buy a third party car insurance policy to ensure proper protection against unnecessary expenses arising from the medical treatment property damage or a financial loss accidental or legal liability from the end of. Nor does it cover theft of your car.