Originally published at: https://www.mawazna.com/blog/third-party-car-insurance/
Regardless of the vehicle you own, you will need to have insurance in place. In fact, in Pakistan, when you purchase a vehicle you are required to arrange the minimum level car insurance cover which is Third Party Car Insurance. As there are many different forms of insurance available it can prove difficult to know which is best for you. However, third party car insurance is becoming increasingly popular but do you know what are you covered for and how it can help you?
Third Party Car Insurance - What do You Get?When it comes to third party car insurance, it is important to remember that the insurance company will cover the liabilities should the policy holder be held accountable for any injury or loss to a third party. When finding the right plan for you, it is important to carry out a comparison using Mawazna.com first.
If you have caused damage to a property belonging to a third party then your insurance will cover you. This means that the insurer will pay for all damages and it means that the individual who is insured can let the insurance company take control of sorting everything out.
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Often, accidents involving motor vehicles can result in death. If a third party individual dies because of your actions, your insurance provider will pay out any compensation or costs associated with the death such as a loss of earnings and financial stability of the family left behind. You should always read carefully all the policy provisions carefully.
Of course, partial and permanent disabilities can be the result of an accident involving yourself and a third party. If this occurs, your insurance provider will cover the costs of medical expenses and any loss of earnings. If the disability is severe and permanent then the insurer will offer a pre-assured sum.
Any type of body injury will also be covered by third party insurance. This will ensure that the medical costs associated with the required treatment are covered when needed.
What else is included in Third Party Car Insurance Cover?When you have an accident with third party car insurance in place, you will have confidence knowing that all legal costs associated with having an accident are covered. It is important to remember that third-party car insurance is designed to protect you when you are involved in an accident. Therefore, any court proceedings or tribunals will be handled by your insurer.
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Many believe that third party car insurances is expensive but in reality this is not the case at all. You have to understand that third party car insurance is designed to protect you from the costs associated with causing injury, death or property damage to a third party. Therefore, the amount you pay for your insurance is linked to the type of vehicle you drive. So, in actual fact, it is cost-effective. It gives you a full peace of mind.
Third party car insurance is simple to put in place because everything can be completed online. Therefore, after you have carried out a comparison, you can then visit the website of the insurance provider to put cover in place. This makes putting insurance in place even more desirable and it gives you control over the insurance you choose as you can do it in your own time.
Why You Need Car Insurance?In Pakistan, you have to have a third party car insurance in place as a minimum legal requirement because this will enable you to drive your vehicle while having the correct level of financial protection in place not for your self but for other people on the road as well. This will ensure that the costs associated with accidents, injury, death and damage that are your fault. When you purchase a vehicle, you are required by law to have the correct level of insurance cover in place because without it, you are putting yourself and others at risk. This can mean that without it, you could find that you have to pay a large financial penalty or even face a harsher penalty.
Additional Reading: How to Find Best Car Insurance in Pakistan?
Visit Mawazna.com to compare different car insurance providers in Pakistan and make the well informed decision.
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