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Motor Third Party insurance is the only insurance made mandatory by Indian Law. It is a statutory requirement under the Motor Vehicles Act, 1988 for any car owner or driver to drive their vehicle on public road.

This policy benefits some other party instead of the two parties involved in the contract, that is the insured and the insurer. That is why this type of policy is referred to as "Third part Car Insurance".

The main purpose of the Third Party Car Insurance is to provide financial and legal protection to the policy holder in case of any accident causing physical injury, death or disability to the third party or damage to third-party properties.

How does this Policy Work?

Third Party car insurance is a contract between the car owner and the insurance company, where the insurer agrees to reimburse the insured person in case he lands into any legal complication for injuring a third party or damaging his property due to his own fault.

Benefits of a Third Party Insurance Policy

With a Third party car insurance policy in place you can assure yourself peace of mind in situations of legal liabilities due to third party damages and injuries. With such policies you get:

Third Party Policy Exclusions

Third party car insurance policies do not cover any damage caused to the car of the insured or injuries caused to him, if it is proven that the reason for the accident or collision is his fault. However, if it is found that the third party car driver is at fault, the insured might have some chance for claiming the damage amount.

Claiming Third Party Car Insurance

Claiming third party car insurance is a little complicated as it does not only involve damages to your car or injuries to you but also involve losses caused to another person or his property.

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