Decoding Car Insurance: First-Party vs Third-Party Explained

Summary

This blog simplifies car insurance by explaining the differences between first-party and third-party coverage, detailing comprehensive policies versus mandatory liability protection. It outlines benefits like own damage and accident covers, explains claim processes and online purchases through digital tools, empowering vehicle owners to make informed decisions and secure the appropriate level of protection.

Key Takeaways

Differentiates between first-party (comprehensive) and third-party (liability) insurance.
Highlights the benefits of comprehensive coverage and add-on options.
Emphasizes the mandatory nature of third-party insurance.
Explains streamlined online purchase and claims processes through digital tools.