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.
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.
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.
difference between third party liability and public liability
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.
liability
Comprehensive insurance covers damage to your own vehicle as well as third-party damage, while third-party insurance only covers damage to others.
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.
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.
This insurance policy provides coverage for third parties to a certain extent, but the specific details of the coverage may vary.
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.
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.
you would have to claim it on your own insurance.