Third party insurance
The best insurance option for a extremely tight budget
Third party insurance is the cheapest insurance option, so many people who struggle to pay for comprehensive car insurance opt for this type of cover. However, it is important to note that this very cheap car insurance will only cover you for accidental damage that you cause to another party. So, if you have an accident, the insurer will pay for the third party’s vehicle and you will be liable for the excess that is stated in your policy. Any damages or losses to your own car will not be covered.
Third party protection is not as good as comprehensive cover, but it can save you from a financial disaster if you are involved in an accident.
What is Third-Party, Fire & Theft Insurance?
If you have third party cover, consider adding car fire insurance and car theft insurance to your third party cover. This ensures that the vehicle is insured for damage caused as a result of fire, explosion, lightning or attempted theft, or if it is stolen.
Is third party insurance the right option for me?
Third party car cover is best suited for someone who has a low-value or older car, does not travel a lot and cannot afford to pay high insurance premiums. It is a lot cheaper than comprehensive protection, but it is still worth comparing your options and costs, especially if you are constantly on the road and have a high-value car.
If you cause an accident, a court or judgment will find you liable for the third party’s property, so having third party protection is always better than having no cover at all. If you would like more information regarding cheap car insurance options, fill in our contact form and we will contact you and help you get the best car insurance deal.