Buying car insurance from Coverfox is simple.
Upto 75% discount. Get policy in 5 minutes.

Third Party Car Insurance vs Comprehensive

Third-party car insurance vs. Comprehensive car insurance. Compare on Coverfox We all know that buying an auto insurance policy is mandatory while purchasing a car.
In fact it is a legal requirement as per the law. This makes sense considering
the fact that car insurance offers you safety and security from any damage to
both parties involved in the accident.

But what kind of car insurance should one choose?
Motor insurance can be broadly classified into two types:
Third-party car insurance and Comprehensive car insurance.

Third-Party Car Insurance

This form of insurance provides only for damages to the other vehicle in case of an accident at your fault.

Unfortunately, any kind of damages to your own vehicle are not covered.

Comprehensive Car Insurance

This form of insurance covers the damages caused to both, the third party vehicle and your own car.

Your car is also covered for theft or damages due to natural calamities.

Why Third-Party Insurance Works

But what kind of car insurance does one choose? To make things simpler and stress-free,
motor insurance can be broadly classified into two types – third-party car insurance
and comprehensive cars insurance.

Lower Premiums

Since only damages to the third-party vehicle are covered, premiums are lower compared to a comprehensive insurance policy.

Compensation

While there is no limit to the compensation in case of death and injury, compensation related to property damage is up to Rs. 7,50,000.

No Stress

You don’t have to worry about paying someone else’s repair bills in case of an accident. Third-party insurance takes care of just that!

But what kind of car insurance does one choose? To make things simpler and stress-free,
motor insurance can be broadly classified into two types – third-party car insurance
and comprehensive cars insurance.

Its Simple and Instant

Which is Better? - Comprehensive or Third Party Cover?

Here is a comparison of Comprehensive vs Third Party Cover Car Plans:

What is Covered? Third-Party Comprehensive
Third-Party Vehicle Damage
Third-Party Property Damage
Own Vehicle Damage
Vehicle Theft
Fire Damage
No Claim Bonus
Cashless Claim
Damage from Natural Calamities
Personal Accident Covered
Engine Protection
Through Add-on
Zero Depreciation Cover
Through Add-on
NCB Protection
Through Add-on
Invoice Cover
Through Add-on
×

Get Lowest Rates for Car Insurance

Buy Car Insurance Plans Online

Why Third-Party Insurance Might Not Work

But what kind of car insurance does one choose? To make things simpler and stress-free,
motor insurance can be broadly classified into two types – third-party car insurance
and comprehensive cars insurance.

Lower Premiums

Since only damages to the third-party vehicle are covered, premiums are lower compared to a comprehensive insurance policy!

Your losses?

Third-party liability insurance policy neither covers damages to your car during an accident nor other instances such as theft or fire! Can there be anything worse than that? Not really.

Shifting the Policy

Shifting from a comprehensive to a third-party insurance is easy (just ask for an inspection while renewing the policy and pay the difference). It’s not that simple the other way around.

But what kind of car insurance does one choose? To make things simpler and stress-free,
motor insurance can be broadly classified into two types – third-party car insurance
and comprehensive cars insurance.

Consider This Before Buying Car Insurance

Are you clueless about which car insurance to buy?
The value of your car can actually help you consider which policy to take the plunge with.

Lower Premiums

Since only damages to the third-party vehicle are covered, premiums are lower compared to a comprehensive insurance policy!

If it's low

In such a case, buying third-party insurance makes sense. Simply because in case of an accident, the cost of repair for your car may not create a huge dent on your pocket.

If it's high

A comprehensive policy here is highly recommended. You might have to pay a little more, but it's worth it, because your car and the third-party would be protected against all damages.

Third-party or comprehensive insurance ­­– still confused which one is the most suitable for your car?

Help is just a phone call away.

Its Simple and Instant

Faqs on Third Party Car Insurance vs Comprehensive

Which is Better? Third-Party or Comprehensive Car Insurance?

It is advisable to purchase a comprehensive car insurance coverage policy over a basic third party. A comprehensive car plan will protect you and your vehicle from Own damage as well as third party liability cover.

Is Comprehensive Car Insurance Cover the same as Third Party Cover?

No, a third party basic car insurance plan protects you from third-party/person/property liability. A comprehensive car insurance coverage plan will protect you from third-party liability as well as damage occurring to your own vehicle.

Can I convert my Third Party Cover into a Comprehensive Car Insurance Policy?

Yes, you can convert your third-party car plan to a comprehensive car insurance policy. You need to apply for inspection during the time of policy renewal and pay the revised/new premium amount.

Which Insurance Plan provides Cover against Fire and Theft?

Only a comprehensive car insurance coverage policy provides complete protection against fire, theft, man-made and natural disasters.

Can I Get Add-ons for Car Insurance?

Yes, you can avail of rider options only for a comprehensive car insurance coverage policy.