third-party insurance
Others' damage protection
Third-party insurance is coverage that pays for damage or injury you cause to others, not to yourself or your own property.
If you hit someone's car or a pedestrian is injured because of you, third-party insurance covers their losses rather than yours.
This is the most basic form of liability coverage, often the legal minimum required to drive.
The policy only included third-party insurance, so his own vehicle repairs weren't covered.
- liability lawLegal rules assigning fault
- policyholderOwner of insurance contract
- out of pocketPaid from personal funds
- tort lawRules for civil wrongs
- subrogationSuccessor assumes claim rights
claim filing · fender bender · negligence · duty of care · claimant · consumer protection · arbitration · adjuster · dispute resolution · compliance · fraud detection · personal injury lawyer · regulatory bodies · underwriter · appeals process · legal precedent · broker · property damage
- auto insurancecollision coverage, liability coverage, comprehensive coverage, theft protection, premium
third-party insurancecomprehensive insurance
Non-collision vehicle protection
collision insurance · full coverage · comprehensive coverage · umbrella coverage
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