What does third party car insurance cover?

"Third party property damage covers the insured's legal liability for loss or damage to someone else's property caused by a motor vehicle accident which is partly or fully their fault. The maximum amount we will pay in total for all claims under this policy for damage to other people's property and/or supplementary bodily injury cover arising from a single event or series of related events is $20 million."

So in other words, third party insurance is your very basic level of cover, it provides only cover to the third party but nothing to your own vehicle. It gives you that reassurance that if you crash into a Ferrari then we will have you covered, otherwise you are responsible for paying all damages and fees arising from the incident, which as I'm sure you know, could result in leaving a fairly significant hole in your pocket, especially if it were a Ferrari.

While you may think your car is not worth insuring, the potential of what your car could do is well worth covering. Fortunately, 1Cover's Third Party property insurance protects you for up to $20 million in damage. For such a small monthly fee, that's a load off your mind.

The Benefits of Third Party coverage

  • Legal costs ($20 million)
  • Substitute vehicle cover
  • Uninsured motorist extension

1Cover Third Party insurance offers great low cost protection for those of you who feel comprehensive cover is unnecessary.
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