Driving a car on the road is essential. People rely on automobiles for transportation every day. However, accidents happen, and it’s essential to be adequately prepared to protect oneself and others. That’s where third-party car insurance becomes important.
Third-party car insurance is a type of car insurance policy that covers damages caused by the insured person to someone else’s property or car. It is mandatory in most countries and required by law before anyone can drive a car. This article will explore all the essentials of third-party car insurance, from how to apply for a driving license to understanding the terms and conditions of a policy.
Driving License (DL) Application
Before applying for third party car insurance, one must first have a driving license. Applying for a DL is a lengthy process; it involves studying road signs and traffic rules, as well as passing a written and practical test.
The first step for a DL apply is to book an appointment with the local driving licensing authority. Once the appointment is confirmed, it’s time to prepare for the test. You can prepare for the test by reading a driver’s manual or hiring a driving instructor. The instructor will teach you how to drive properly and help you practice until you’re confident.
After completing the test, the authority will issue a driving license. Once you have a DL, you can legally drive a car and purchase third-party car insurance.
Third-Party Car Insurance Terms and Conditions
To understand third-party car insurance, the policyholder must understand the terms and conditions of the policy. It’s essential to know what the policy covers and what it doesn’t cover. The following are the essential terms and conditions of a third party car insurance policy:
Liability Coverage: This coverage pays for damages caused by the insured person to someone else’s car or property. It includes professional fees, repair fees, and other related costs.
Third-Party Coverage: This coverage pays for bodily injury suffered by other people involved in an accident with the insured person. It includes medical expenses, hospital bills, and funeral expenses.
Exclusions: Third-party car insurance policy does not cover damages to the insured person’s car, personal injury, and other damages not stipulated under the policy.
Extra Coverage: Policyholders can opt to purchase extra coverage, such as roadside assistance, and personal accident coverage, among others.
Claim Procedure
If involved in an accident, the policyholder must follow the claim procedure stipulated under the policy. To file a claim, the following steps must be followed:
Report the accident to the insurance company immediately or within the stipulated timeframe.
Provide accurate information to the insurance company, such as the date, time, and location of the accident.
Provide all relevant details of the other party involved in the accident.
Provide relevant documents, such as a driving license, registration, and insurance documents.
Once the claim is successful, the insurance company will compensate the policyholder for the damages caused according to the policy terms.
Conclusion
As highlighted above, understanding third-party car insurance is essential for anyone planning to drive a car. It’s essential to have a policy to protect oneself and others in case of an accident. However, before purchasing a policy, one must understand the terms and conditions of the policy and the claim procedure. Additionally, it’s essential to maintain the car and drive safely to avoid accidents. By following these essential tips, anyone can navigate the maze of third-party car insurance and drive safely on the road.
