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Answered 2009-04-20 17:03:23

it means the owner of the policy.

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third party is a party except insured or insurer, who may be subjected to a loss involved with the insured


If you are insured, YOUR insurance company should pay you - and they will take action (called 'subrogation') against the company that insured the driver that was the cause of the accident. If they were un-insured, you will have to apply to your state's un-insured motorist program for re-imbursement, and/or sue the responsible party.


Comprehensive coverage is covers the interests of the named insured. A third party insurance policy will not cover you. It only covers the interests of that named third party insured.


depends......first party claims, either to insured and shop...just the shop......insured and lien holder, or insured only if no lien holder is present..........second party claims....can be to the owner only (generally) if requested.......


regardless of whom is insured or not, the 'negligent' or liable party is responsible for the damage or 'to make whole' the injured (this means damage to vehicle as well) party........ i think the insured should pay since it was there fault


a unilateral contract is one in which one party 's promise is exchanged with other party's act. insurance contract is unilateral because one party ie the insured pays premium regularly and the insured ie the other party promises to compensate for any loss caused to the insured. here the act of paying premium by insured is exchanged with the promise of insurer.


its a third party administrator for self insured companies


liability coverage is only for persons that meet the definition of an "insured"


You can have it insured in your name, You can have it titled in your name as lienholder and have it registered to another party


voters who identify with a political party


No, All drivers must meet the definition of a covered driver under the terms of your auto insurance contract


The way that it works is you take all of the available coverage for the loss and arrive at the total available coverage for the loss. The liable car pays it coverage up to the avaiable limit The car of the injured party gets a set off of the amount of the liable car if the liable car's policy is less than that of the injured insured party Then the policy of the car under which the injured isured party is an insured by definition pays it full coverage.


third party liability coverage is personal liability coverage that protects the customer from damages they incur due to the wrongful acts of others when the liable person is uninsured or underinsured. The coverage is designed to cover bodily injury, property damage and personal injury resulting from occurrences not involving an auto in which a liable third party is at fault, but is uninsured or underinsured. For example, this would cover a policyholder if a dog attacks his child and the dog owner is not insured or is underinsured, or if a policyholder is injured at a party on a deck that collapses and the homeowner is not insured or is underinsured.


Third Party Insurance is a Liability insurance purchased by the insured (first party) from an insurance company (second party) for protection against possible suits brought by another (third party).


The definition of political party is an organized group of individuals with similar political opinions and goals. The party wants to get their candidates elected and influence public policy.


The definition of liability in insurance claims means that the insured is protected in case they are sued. This coverage includes legal costs and payouts.


You have to be either named or you have to fit the definition of a named insured on the policy.


The question can be answered in a couple of ways: 1. Third-party coverage is sometimes called liability coverage. It provides benefits for third-party who sustains damage or injury due to the carelessness of the insured. In this context, bodily injury coverage within the liability protection will provide benefits to the injured party for his/her injury. Note, though, that it will pay only upon a finding that the insured was legally responsible for the injury, and that BUT FOR the action or inaction of the insured, the injury would not have occurred. This is the concept of proximate causation. 2. Bodily injury coverage can exist in a first-party policy as well. This is a policy under which the insured is him/herself insured. Examples are the uninsured motorist and personal injury protection coverages of an automobile policy.




no she has to be on your policy , or if you are full comperhensive and she hold an insureance policy . then you can give her permisson to drive your car under 3rd party only


The insured and the insured professional are one and the same.


The difference is that the. TPA is the adjuster for a company who is self insured .


The definition of party practices is how political parties' beliefs affect the nation. Elections are an example of party practices.


loud and unruly -- "a raucous party."



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