Third party car insurance covers injuries or death of third parties due to an accident.

What is third party car insurance cover. 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. Injury to a driver or passenger in another car third-party injury Damage to another persons car. Repair costs for vehicles damaged in an accident caused by you.

Third-party insurance provides coverage when you are responsible or at fault resulting in property damage or personal injury. It acts as a cover on behalf of the insured person. Third party car insurance is the minimum level of cover you can take out - it is a legal requirement.

So this is usually the other driver involved in an accident. See how our customers save big on auto insurance. Suppose you hit someones car and caused them severe damages.

In that case your insurer will bear the expenses andor liabilities arising from such an eventuality. In particular it will help cover any costs youre required to pay for vehicle damages or injuries sustained by other drivers or their passengers. For auto insurance there are two kinds of third-party insurance.

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. Third party insurance protects customers against financial ruin from potential claims for injuries or damages they may cause to another person. There are two different types of third-party coverage for auto insurance and theyre both required in most states.

Repair costs to any property youve damaged. TP premium depends on the Cubic Capacity. It is referred to as a third-party cover since the beneficiary of the policy is someone other than the two parties involved in the contract the car owner and the insurance company.