Car Insurance Claim: This insurance mainly covers third-party damages and does not have coverage for your own car or the damage caused to you.

Third party car insurance claim: Third party insurance is an insurance as required under the Motor Vehicles Act, 1988, which provides financial protection against the loss or injury caused to another person (third party) on the road. This insurance mainly covers third party damages and does not have coverage for your own car or damages caused to you.

What does third party insurance cover?

Damage to Third Party Vehicle:

If your car causes damage to another person's vehicle, it covers the insurance expenses.

Bodily injury or death:

If a person gets hurt or dies during an accident, then this insurance provides financial assistance for them.

Property Loss:

If your vehicle causes damage to someone's property, it is compensated (price limits may apply, e.g. up to ₹7.5 lakh).

Benefits of Third Party Insurance:

Meeting Legal Requirements:

This insurance is mandatory under the law. With this, you can avoid fines.

Economic Security:

The cost of damage to the third party in major accidents can be heavy. This insurance protects against financial burden.

Easy Claim Process:

It becomes easier to compensate the third party after an accident, as the insurance company takes the responsibility.

What is not covered in third party insurance?

Cost of damage to your car.

Coverage of injuries or deaths you suffer.

The cost of maintenance or repair of your car during an accident.

How to buy third party insurance?

From the online platform:

You can buy third party insurance by visiting the websites of insurance companies.

Through Agents:

You can contact an insurance agent.

Through the car dealer:

When you buy a new car, the dealer can help you buy it.

Is third party insurance enough?

If you want to cover your car and yourself, comprehensive insurance is a better option.

But only if you want to follow the law and provide protection to third parties, then it is enough.