Third-party insurance offers protection against damages to the third-party by the insured vehicle. It covers physical injuries, damages to the vehicle, damage to the property, and death. Third-party insurance does not provide any compensation, if: The accident was caused due to drunken driving.
What are you covered for third-party?
Third-party insurance covers the cost of damage to someone else's property. This is most likely to be another car, but you'd also be covered if you hit someone's wall or knocked over their fence. Third-party insurance may also cover compensation costs if you cause someone an injury.
What are two types of third-party coverage?
The two main categories of third-party insurance are liability coverage and property damage coverage.