When looking for car insurance, you should understand the different types of policies available and choose the one depending upon your driving skills, experience and affordability.
Mainly there are three basic kinds of car insurance policies.
1- Third Party
2- Third Party Fire and Theft
3- Fully comprehensive
Third Party
This car insurance policy covers the damages concerning the third party when that party claim against you if accident was your fault. It covers the damages to the car and any injured person.
It does not cover your car and body damages. It also will not pay for repair of your car or theft if it is stolen.
Third party fire and theft
This one include the damages to third party's car and passengers injuries but not yours. Plus this insurance pays replacement or repair of your car if it is stolen or damaged by fire.
Fully comprehensive
This one covers all the damages to you or third party cars and medical expenses.
It also cover the damages to car incase of fire and theft.
No comments:
Post a Comment