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Benefits Of Third-Party Car Insurance

Benefits Of Third-Party Car Insurance

Third-party car insurance is compulsory insurance, which all Indian car owners must buy for their cars as per The Motor Vehicles Act.

Third-party Car Insurance is also known as Act-only or Liability car insurance. It lets you remain on the right side of the law and secure your money from third party liabilities.

Third-party motor insurance operates by insuring the insured vehicle’s policyholder against damages resulting from an injury suffered by a third party or damage to the property of a third party.

Under such a situation, the third party would most likely seek compensation from the car’s owner for treating injuries or restoring damage caused.

Benefits Of Third-Party Insurance

Compliance: Purchasing a third-party car insurance policy makes you by the law of the land. A valid policy will save you from paying fines.

Driving a car without a valid third-party policy can also lead to legal issues. By purchasing this plan and renewing it before its expiry, you stay away from being faced with legal matters.


Liability cover: The policy provides liability protection against injury to third party and damages to third party property. In a way, it is financial protection for you when it comes to paying third parties.

Financial cover: A third-party policy will protect you against permanent disabilities with a quote of up to INR 15 lakh. Without such a plan, you might encounter a financial blow in case of car injuries leading to disabilities. The benefits shall go to the family in case of death in a car crash.

How To Buy Or Renew Third-Party Car Insurance Online

A multitude of goods and services are available online today; the same is the case for car insurance online. Purchasing or renewing car insurance online is fast and hassle-free.

You just need to visit the website of the insurance provider you like, submit necessary details, and buy the policy.

The entire process can be completed within a matter of minutes.

Renewing Third-Party Car Insurance online is a simple process. It barely takes time either.

You simply visit your existing insurance provider’s website, log in to your account, and renew the current policy by making the payment. You do have the option of renewing your plan with a different insurer.

The premium paid for the plan will continue to be the same as IRDAI prescribes it. However, if you are not happy with your current insurer, you can check out th




e services provided by another insurer and make a move at the time of third-party car insurance renewal online.

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