Insurance Policy For Car 1st Party. The working of a third party car insurance policy is quite simple. Enter your reg online and get a personalised quote.
Simply, this is an insurance policy that indemnifies other people for the loss and damage to their vehicle, property and self due to an accident that is inflicted by you. If your car insurance claim is with your own insurance company, that is called a first party claim. First party benefits posted august 16, 2016 insurance 101 previously, we explained the importance of reviewing the limits of liability coverage (pennsylvania mandates a minimum limit) within your auto policy to help protect you in the event of an accident or loss.
Property damage of third party.
A third party car insurance policy covers only third party liability while a comprehensive covers both the basic third party as well as own damage coverages. In this, you, the insured person, are the first party, the insurance company is the second party, and the injured person claiming the damages in the third party. Get a quote within minutes. The 3rd party could be anyone who has.