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Third party insurance only covers the property of the other person(s) involved in an accident, not your car. Full coverage insurance (or comprehensive insurance) also covers your car if you damage it.

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15y ago

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What is the difference between comprehensive and third party insurance?

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.


What is the difference between third party and comprehensive car insurance?

Third party car insurance covers damage to other people's property and injuries caused by you in an accident, while comprehensive car insurance also covers damage to your own car in addition to third party coverage.


Is there a difference between public liability and third party insurance?

difference between third party liability and public liability


What is the difference between fully comprehensive and third party car insurance?

Fully comprehensive car insurance provides the most coverage, including protection for your own vehicle in case of accidents, theft, and other incidents. Third party car insurance only covers damage or injury to other people and their property, not your own vehicle.


Insurance coverage that provides for losses to a third party?

liability


What is the difference between comprehensive and third party insurance?

Comprehensive insurance covers damage to your own vehicle as well as third-party damage, while third-party insurance only covers damage to others.


What are the benefits of third-party insurance and how does it differ from comprehensive coverage?

Third-party insurance provides coverage for damages or injuries caused to another person or their property by the policyholder. The main benefit is that it protects the policyholder from financial liability in such situations. Comprehensive coverage, on the other hand, provides broader protection by also covering damages to the policyholder's own vehicle in addition to third-party liabilities. The key difference is that third-party insurance only covers damages to others, while comprehensive coverage includes protection for the policyholder's own vehicle as well.


Why would one need third party insurance coverage?

One needs a 3rd party insurance coverage to cover for damage for vehicle or property. This kind of insurance covers injury of others, including passengers in the car.


What is the extent of third party coverage provided in this insurance policy?

This insurance policy provides coverage for third parties to a certain extent, but the specific details of the coverage may vary.


Where can someone find information on 3rd party car insurance?

NMRA Insurance has some information on their website about third party auto insurance, what is covered, and comparisons between what they offer and other coverage. Also, Hints and Things, has a website that offers various information about third party only auto insurance.


What happens if a guilty party cancel their car insurance after a claim has been submitted?

It would make no difference as long as they had coverage on the date and time of the accident. They can cancel the policy after the accident and coverage would still be provided.


How does full coverage insurance work for hit and run with no secondary party?

you would have to claim it on your own insurance.