What is Third Party Only Car Insurance?
This type of insurance is designed to cover damage to other people’s vehicles or property and compensation for injuries to others if you’re at fault in an accident. However, it won’t cover repairs to your car or your medical expenses if you’re injured in a crash that’s deemed your fault. You’ll be responsible for these costs yourself.
*All information included on this page is general information and not specific to Collingwood Insurance
What is Covered by Third Party Only Insurance?
Damage to other vehicles
For example, if you collide with another driver’s car.
Damage to property
Such as crashing into a garden wall or a lamppost.
Injuries to others
This includes injuries to passengers in another car or your own vehicle.
Damage to other vehicles
For example, if you collide with another driver’s car.
Damage to property
Such as crashing into a garden wall or a lamppost.
Injuries to others
This includes injuries to passengers in another car or your own vehicle.
What’s Not Covered by Third Party Insurance?
❌ Repairs to your own car after an accident.
❌ Replacement costs if your car is stolen or damaged by fire.
❌ Medical expenses for your injuries, such as rehabilitation or treatment costs.
❌ Loss of personal belongings in your car, such as your phone or laptop.
If you require these protections, you may want to consider third-party, fire and theft or comprehensive insurance.
Third Party Insurance vs. Comprehensive Insurance
Third Party Insurance
• Minimum level of legal cover.
• Protects others’ vehicles, property, and injuries.
• Doesn’t include your car or personal injuries.
Comprehensive Insurance
• Highest level of protection.
• Includes all third-party cover plus damage to your car, personal injuries, and belongings.
• Offers greater peace of mind but can cost more.
Third Party Insurance
• Minimum level of legal cover.
• Protects others’ vehicles, property, and injuries.
• Doesn’t include your car or personal injuries.
Comprehensive Insurance
• Highest level of protection.
• Includes all third-party cover plus damage to your car, personal injuries, and belongings.
• Offers greater peace of mind but can cost more.
How Does Third Party Insurance Work in an Accident?
If you’re at fault: Your insurer will handle claims from the other driver or affected parties, including covering the cost of vehicle repairs or personal injury claims. You will need to pay for repairs to your own car out of pocket. This could also impact your no-claims discount, unless it’s protected.
If you’re not at fault: You can claim against the other driver’s insurance policy for any damages or injuries. Your no-claims bonus shouldn’t be affected as you’re not making a claim on your policy.
When Might Third Party Insurance Be a Good Option?
Third party insurance might be suitable if:
- Your car is inexpensive or old, and repairs may cost more than the vehicle’s value.
- You can afford to pay for your own repairs or replacements if necessary.
- You don’t use your car often, so the risk of accidents is lower.
FAQs
Third-party, fire and theft insurance includes everything in a third-party policy but also protects your car if it’s stolen or damaged by fire.
No, third-party insurance doesn’t cover injuries to you. However, injuries to others caused by your fault are covered.
It could be, especially for drivers with low-value cars. However, always compare quotes, as comprehensive cover may be similarly priced.
Some policies allow this under “driving other cars” cover, but it’s not guaranteed. Check with your insurer for specifics.
Some policies allow this under “driving other cars” cover, but it’s not guaranteed. Check with your insurer for specifics.