What Is Third Party Car Insurance?


Third party car insurance is an insurance policy that will cover the loss or damage caused to third parties such as innocent bystanders by the car. This is to ensure that they don't suffer financial loss due to injuries caused to them.
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What Is Third Party Car Insurance?
While it is a standard legal requirement to carry car insurance in most countries, there are different coverage levels to ensure that your vehicle is fully covered to the extent that the law requires, depending on where you are. For quite a few... More »
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Third party car insurance is nothing more than liability coverage that is purchased by an individual first party from an insurance company. The concept of this type of insurance is not very confusing, yet many people aren’t able to fully understand it because they have not really done much research into their auto insurance coverage policy.
Q&A Related to "What Is Third Party Car Insurance"
Some examples of third party insurance situations are; employers that have insurance for their employees, if they are injured at work, and motorists must have third party insurance
Third party insurance covers damage, especially injuries, that drivers and passengers in other cars may have suffered as a result of an accident. This insurance kicks in when a policy
There are several different types of third party car insurance, including fire damage and theft. The specific types of coverage in a given contract can be arranged with an insurance
Third party liability insurance is a vehicle insurance that covers an insured if his vehicle caused harm to someone else or caused damage to property and he is held legally responsible
Explore this Topic
Third party insurance acts as a barrier between the liability of the car owner and any other person or property involved in an accident whereby the car driver ...
Third party only insurance will cover your liability to others only. Please note that with third party insurance there is no cover for damage to yourself or your ...
Video Transcript. This is John Pinelli, financial representative, talking to you today about third-party fire, car, and theft insurance. Most car insurance companies ...
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