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What does third party insurance cover?

Corporate Finance Internal Audit Insurance General Insurance Motors
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Question added by mukkur srinivasan varadhan , Chartered Accountant , Chartered Accountant in practice
Date Posted: 2014/02/12
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Subhranshu Ganguly
by Subhranshu Ganguly , Quality Analyst. , WIPRO

In3rd party insurance if my car hits another vehicle or person my insurance co pays for the damages. No motor vehicle can legally ply on Indian roads without3rd party insurance. It is the bare minimum but not adeqate insurance that every motor vehicle should have.

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