An example is automobile insurance that will indemnify the insured if.

What third party car insurance covers. It acts as a cover on behalf of the insured person. Motor third-party insurance or third-party liability cover which is sometimes also referred to as the act only cover is a statutory requirement under the Motor Vehicles Act. Third-party insurance is mandatory on all auto insurance policies across Canada.

Your third-party liability covers the following. Definition of Third Party Insurance. Third-party insurance provides coverage when you are responsible or at fault resulting in property damage or personal injury.

So this is usually the other driver involved in an accident. Injury to a driver or passenger in another car third-party injury Damage to another persons car. Third party insurance protects customers against financial ruin from potential claims for injuries or damages they may cause to another person.

Repair costs for vehicles damaged in an accident caused by you. 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. Repair costs to any property youve damaged.

It covers the victims property and any medical costs due to injury. Third-party insurance covers you for. 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.

What Is Covered Under Third Party Car Insurance Policy. But getting coverage has never been more accessible with third-party car insurance as the process has several hooks and nooks. In other words when you purchase this coverage its designed to protect you financially if someone files a claim against you.