Third Party Insurance

Third-party insurance is a type of insurance policy that provides coverage for damages or injuries you may cause to someone else in an accident. For example, if you're at fault in a car accident and damage another person's vehicle or injure them, your third-party insurance can cover their repair costs and medical expenses, protecting you from potentially large financial losses. This insurance is often required by law for drivers and can also apply to other situations, such as property damage or liability claims. It ensures that victims receive compensation while limiting your out-of-pocket expenses.