You can get different types of insurance policies for your car, or whatever automobile you drive. You can get the one that suits best on your interest. One of the most popular type of auto insurance is third party insurance. This insurance policy is specifically designed to cope with the situations where you have to compensate the owner of the vehicle that you hit. In other words, if your car damages someone else’s car, your third party insurance will cover for the damages. Unlike general auto insurance that is designed to provide coverage for your own vehicle, third party insurance provides coverage for someone’s vehicles in case you accidentally damage their vehicle.
Benefits of Third Party Auto Insurance
- Thread starter Mika
- Start date
Third party insurance of automobiles means insurance system which helps you in paying for another person’s car in case you have an accident. It does not include the loss to your own car but covers every expense if the other car is a wreck. This is not the same as taking auto insurance commonly used for repairing your car if it’s has been vandalized. Third party insurance is important since it enables you to avoid a hugely expensive claim in case you are at fault. It is rather favorable for those who look for protection against such types of risks when driving.