What Is Third-Party Liability In Car Insurance?

Third party liability in car insurance is when you are subject to pay for damages of third party if you are at fault in case of an accident. It can even cover you in such a situation. It pays for the damage caused by your car to other people's vehicles and property. However, it won’t pay for the damages to your car if you are at fault.

It is also mandatory under the Motor Vehicles Act, 1988. It is recommended to buy enough liability coverage on your car insurance to save yourself from additional costs and even bankruptcy in case of severe collisions caused by you. Before signing up the policy read offer documents carefully to ensure you are financially covered.

Features & Benefits

It covers damage to third party vehicle or property caused by the insured.

It provides legal cover to any injuries or even death of third party and expenses incurred like hospital care, medical costs, lost earnings, and replacement or repair of damaged property and much more as defined in the policy.

It offers legal cover and financial assistance in case of accident caused by your car.

It can be easily bought online from leading lenders. The process is fast and does not require elaborate paperwork. Besides you get multiple convenient options to pay for your insurance such as net banking, debit card, credit card, smart card to name a few. While booking online you can personally get in touch with lenders without having to rely on intermediaries.

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