Third Party Car insurance

How Does Third-Party
Car Insurance Work?

What Are Benefits Of
Third-Party Car Insurance?

Having third-party car insurance offers a range of benefits that ensure legal compliance, financial protection, and peace of mind. Let's explore the advantages in detail:

What Does a Third-Party
Car Insurance Policy Cover?

A third-party car insurance plan covers policyholders for the expenses incurred due to the following reasons:

Things To
Consider

While third-party car insurance is mandatory by law, you need to keep in mind the following:

How to File a Claim for
Third Party Car Insurance?

Given below are the vital points that you need to consider in case of a third-party insurance claim:

1. In an unfortunate event like an accident, the third-party must file an FIR immediately after the accident takes place. You must retain a copy of the said FIR and the Charge sheet filed by the Police. If a third-party gets injured during an accident because of your vehicle, then you need to inform the police and your insurance provider, without any delay and share the valid documents of the vehicle including the driving licence of the driver.
   
   
2. In case of an accident, where you are not at fault or you have been impleaded in an accident, though not involved, file an FIR with the police against the person/s who have caused the accident or have impleaded you as a party to the case and defend the case in the court along with your insurer.
   
   
3. In India, Motor Accident Claims Tribunal decides the claim for compensation amount to a third party. In case of personal injuries to a third-party, there is no upper limit, whereas there is limited liability of insurance up to Rs 7.5 lakhs in the event of losses and damages caused to third-party property or vehicle depending on the involvement of the vehicle insured. A claims petition seeking compensation is filed by the third party before the concerned Motor Accident Claims Tribunal and the judicial proceedings start wherein the vehicle owner, driver and insurer is a party to the case.
   
   
4. If the damages and losses caused due to an accident are minor, then it is advisable to settle it outside the court as dealing with the court proceedings is a time-consuming process.
   
   
5. When the matter is decided by the Tribunal and there is no violation of the insurance policy and in case everything is in order, the compensation amount awarded by the Tribunal will be paid by your insurance provider to the third party.
   
   
6. Collect photographic evidence if you can. This should include taking pictures of the accident site, pictures of the injury, damaged vehicle or property. This will also help the insurance company get a clear picture of the accident caused.
   
   
7. In case of a claim related to personal accidents, all you need to do is call customer care number and your insurer will take care of the rest.
   
   

Whatever your insurance requirements may be, you never need to look beyond Reliance General Insurance. Choose from a range of vehicle, health and travel insurance plans and secure your finances.