Third-Party Only Motor Insurance

This type of motor insurance provides coverage only for (1) death or bodily injuries to third parties &/or passengers, and (2) damage to 3rd party’s property.

This is quite similar to the Act Liability Only Insurance, just that third-party insurance also covers against damage to property as well as accidents occurring on roads and private properties.

As the name suggests, this type of auto insurance doesn’t cover damage to the insured’s vehicle.

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By | 2016-12-14T02:55:51+00:00 December 27th, 2008|Definition Of Car Insurance Terms|0 Comments