When buying or renewing your car or motor insurance, you must ensure that the policy covers Third Party Insurance. Never heard of the term before? Third party Cover is an important “must have” of your insurance policy. It saves you from any third party liability. You might find these things confusing now. Keep reading this blog to know more about it and then find out if your policy from Fresno covers this protective clause.

Third Party Cover – A brief introduction

It is a crucial part that protects you from paying the third party liability. You may come across a situation when a person or property is affected by your vehicle, like in a car accident. In such cases, having third party cover can help you avoid the compensation for the lost life or property. It states that not you, but your insurer will bear the claim made by the third party. The claim amount will be paid by the auto insurance agency in Fresno. In some countries, it is mandatory to have third party insurance or you won’t be allowed to drive on legally.

The things covered by the insurance

The third party insurance generally covers:

Any physical injury of death of a person inside or outside the vehicle in an accident.

Any property damage, that is, property not insured or property that is not under control of the insured.

The cost of third party insurance

It is important to know the cost of the insurance policy before you decide to get one for your car. Usually, you can own a third party at an affordable rate. For example, assume that you decide to buy a comprehensive car insurance that covers third party liability as well as own damage. Thereafter, you will be charged between a range of Rs. 10,000- Rs. 12,000. If you just want to go for a policy covering third party liability, you will be done with Rs. 1000. As it is a mandatory clause in every insurance company, there won’t be much difference in their prices.

Therefore, you will have to pay cheap premium rates, regardless of your car insurance company in Fresno. Besides this, make sure your company is registered with the insurance authority of your country.

Required documents at the time of claim

When it is a situation of third party liability for your car insurance, first it is important to inform the insurer about the loss or damage by contacting the respective customer care executive. Your Fresno auto insurance companies will make necessary arrangements to tow your vehicle from the accident location to the nearby garage. To claim for liability, you will require:

A claim form with the sign of the insured

A copy of your driving license

An FIR copy

RC copy of the car

A copy of your policy document

In case of company registered vehicle’s original documents, company stamp I also needed.

So, when you claim for a third party insurance liability, make sure you know all about the mandatory feature of your insurance policy.