Comprehensive Insurance: Meaning & Coverage Explained

Comprehensive Motor Insurance

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As mandated by Spanish Authorities your travel insurance needs to extend 15 days after your trip ends.
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	Comprehensive Insurance	Third Party Liability Insurance
Coverage	It provides coverage to the vehicle, third party liability for bodily injury or property damage.	The cover provides protection against any liability which may arise due to third party bodily injury or property damage only.
Vehicles	New or a few years old vehicle for which the cost of repairs would be unmanageable needs a Comprehensive Cover. These repairs will be needed after a mishap or road accident.	Vehicles more than 10 years old for which the repair cost could be managed by the owner will need Third Party Liability Insurance only. For these vehicles, the cost of repair will not be high.
Cost of Insurance	A Comprehensive Cover is expensive as it offers wider protection against injuries, damage, and theft.	A Third Party Liability Insurance is cheaper in comparison to that of the Comprehensive Cover.
Price	The price for Comprehensive Cover is variable as it depends on the rates and discounts offered by different insurers.	The Price under the Third Party Liability Insurance is fixed by the Regulator.

Comprehensive Insurance Policy

What is Comprehensive Insurance?

What is covered in Comprehensive Insurance?

Difference between Comprehensive and Third Party Liability Policy

Advantages of buying a Comprehensive Policy

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