How To Know Third Party Insurance. Claims for injuries to the third party: Third party liability insurance is the section of an insurance policy that covers any claims resulting from the injury of another person or the damage of their property.
Starting july 2, 2020, the minimum coverage limits are $250,000 and $500,000. When one buy motor insurance online they tend to follow the law and keep a. Suppose your bike or car collides with another bike or car, then your insurance company gives compensation for the damage caused in the accident.