What is a Third Party Car Insurance?
Third-party car insurance, which is also called third party liability insurance, covers you against any liability which can happen in case of any loss or damage caused to any third-party vehicle, person or property. Unfortunately, it doesn’t cover your own vehicle damages.
A Third-Party Car Insurance is mandatory by the Motor Vehicles Act in India without which you will be liable for a heavy fine; whilst it also protects your pocket from any losses that could arise if your car were to damage any third-party vehicle, person or property.
For example, if you accidentally damage another car’s headlights, your third-party car insurance will cover for the losses incurred to the third-party due to the same.
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Private cars with engine capacity
Not exceeding 1000cc
Exceeding 1000cc but not exceeding 1500cc
What’s Covered in a Third Party Car Insurance?
What’s not Covered in Third Party Car Insurance?
It is equally important to know what’s not covered in your Third party car insurance policy so that there are no surprises when you make a claim. Here are some such situations:
Key Features of Third Party Car Insurance by Digit
Starting from ₹2072/-
Smartphone-enabled process. Can be done in 5 minutes!
96% Claims Settled for Private Cars
Personal Damages to Third-Party
Property Damages to Third-Party
Up to 7.5 lakhs
Personal Accident Cover
Up to 15 lakhs
Personal Accident Cover Premium
How to claim for a Third Party Car Insurance?
- In case of an accident, the respective Third-Party must file an FIR and obtain a charge sheet.
- If there’s a compensation, we take care of it on your behalf. Just call us at 1800-103-4448.
- If there are no violation of terms, we will try for a non-monetary settlement on your behalf. If the situation arises, we will represent you in court.
- Most importantly, if you’ve been a good citizen and have admitted your fault for any kind of negligence, your Digit Third Party cover will still hold good.
- In case of a personal accident-related claim, all you need to do is call us at 1800-258-5956 and we’ll take care of the rest!
Things to Consider When Making a Third-Party Car Insurance Claim
- In case of an accident, the respective third-party must file an FIR at the time of damage - post which the insurance company must be notified as well. Without this, the required compensation can’t be made.
- In an accident, it’s important that the third-party has viable evidence to prove the fault of the opposition party.
- In case of minor damages and losses, it’s always advised to try and settle them out of court since the process of filing a FIR and dealing with the Motor Vehicle Tribunal is often time-consuming.
- As per the rules and regulations of the IRDAI, it is up to the Motor Accident Claims Tribunal to decide on the claim amount. While there’s no upper limit on personal damages to a third-party, there is a limited liability of up to Rs 7.5 lakhs in case of damages and losses caused to a third-party vehicle or property.
How fast are Digit Insurance Claims Settled?
This is the first question that should come to your mind when switching your insurance company. Good you’re doing that!Read Digit’s Claims Report Card
Advantages of a Third Party Car Insurance
Disadvantages of a Third Party Car Insurance
Types of Car Insurance plans in India
Damages/Losses to own car due to an accident
Damages/Losses to own car in case of fire
Damages/Losses to own car in case of a natural calamity
Damages to Third-Party Vehicle
Damages to Third-Party Property
Personal Accident Cover
Injuries/Death of a Third-Party Person
Theft of your car
Doorstep Pick-Up & Drop
Customize your IDV
Extra protection with customized add-ons