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.
What is covered under third party car insurance. Third party car insurance covers injuries or death of third parties due to an accident. Vehicle damage and your deductible The physical damage your vehicle suffers from a collision is covered by your basic plate insurance subject to a deductible. The Motor Vehicle Act 1988 makes third party liability cover as mandatory for all vehicles running on the streets.
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. Injury to a driver or passenger in another car third-party injury Damage to another persons car. Third-party insurance provides coverage when you are responsible or at fault resulting in property damage or personal injury.
This is what covers third-party damage and bodily injury in the event of a vehicle accident. Liability coverage is mandatory. A Third Party car insurance provides cover for any legal liability arising out of the use of the vehicle for.
What is Third Party Car Insurance. 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. 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.
Third party car insurance is the minimum level of cover you can take out - it is a legal requirement. A third party car insurance policy provides coverage against any damage or injury caused to a third party due to your fault. 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.
Your third-party liability covers the following. This includes bodily injuries legal expenses and property damage claims. 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.