Sunday, August 31, 2025
Woman PWR
No Result
View All Result
  • Home
  • Empowerment
  • Featured
  • Business
  • Health & Wellness
  • Influencers
  • Women PWR TV
  • Podcast
Woman PWR
  • Home
  • Empowerment
  • Featured
  • Business
  • Health & Wellness
  • Influencers
  • Women PWR TV
  • Podcast
No Result
View All Result
Woman PWR
No Result
View All Result

Comprehensive vs Third Party-Car Insurance: Key Differences

Editorial Team by Editorial Team
August 5, 2025
in Empowerment
0
Home Empowerment
Tiffany Co

When talking about car insurance, there’s a huge difference in the coverage you get based on the plan type you choose. All car owners in India require third-party insurance since it’s a legal requirement. It protects you against third-person liabilities, i.e., damage your car causes to other people, cars, and property. A comprehensive car insurance plan covers third-party liabilities and own damage, such as damage from road accidents, theft, fire, and natural and man-made disasters. To understand which car insurance policy is best for you, it is important to understand the key differences between comprehensive vs third party-car insurance in detail.

Comprehensive vs Third-Party Car Insurance: Key Differences

Car Insurance Policy Comparison Comprehensive Insurance Third-Party Insurance

Coverage

It covers damage caused to others (cars, property, and people) and own damage under one plan. It only offers coverage against damage caused to other people, vehicles, and property.

Legal Requirement

Comprehensive car insurance is not mandatory as per the Motor Vehicles Act of India. Having third-party car insurance is a mandatory requirement if you wish to drive on the roads of India.

Cost

The cost of premium in full comprehensive car insurance is higher since it offers more coverage. The cost is lower. The price is determined by the IRDAI according to the cubic capacity of cars.

Add-ons

Several add-ons, including engine cover and zero depreciation, are available with comprehensive car insurance. No such add-ons are available with third-party car insurance.

Best For

Comprehensive car insurance is best suited for new car owners or those who seek full coverage. Third-party car insurance is suitable for old vehicle owners and budget-conscious people.

Which is Better? – Comprehensive vs Third-Party Car Insurance

1. Vehicle Age: If you own an older vehicle, third-party insurance is suitable. However, if you have the latest car model, comprehensive car insurance would be best.

2. Budget: Third-party insurance is more affordable and best suited for those on a budget. On the other hand, comprehensive insurance costs more but offers more coverage.

3. Usage: Comprehensive car insurance coverage would be better if you use your car frequently for longer trips. However, if you use your car less frequently and for shorter journeys, third-party car insurance would be sufficient.

Conclusion

Comprehensive car insurance and third-party car insurance are different in terms of coverage. In third-party insurance, damage done to others is covered. However, own damage coverage is not available. On the other hand, in comprehensive car insurance, both own damage and third-party damage are covered.

Regardless of whether you’re looking for the cheapest comprehensive car insurance plan or a third-party car insurance plan, shop around and get one from a reputable online insurer.

author avatarauthor avatar

Sameer is a writer, entrepreneur and investor. He is passionate about inspiring entrepreneurs and women in business, telling great startup stories, providing readers with actionable insights on startup fundraising, startup marketing and startup non-obviousnesses and generally ranting on things that he thinks should be ranting about all while hoping to impress upon them to bet on themselves (as entrepreneurs) and bet on others (as investors or potential board members or executives or managers) who are really betting on themselves but need the motivation of someone else’s endorsement to get there.

Source: Cosmo Politian

RELATED POST

Choosing a Budgeting Method That Feels Right For You

How Kurtz Riley Law Group Supports Arizona Clients Through Complex Injury Claims

Tags: comprehensive car insurancecomprehensive car insurance plancomprehensive insuranceresourcethird party car insurancethird party insurance
ShareTweetPin
Tiffany Co

Related Posts

Choosing a Budgeting Method That Feels Right For You
Empowerment

Choosing a Budgeting Method That Feels Right For You

August 30, 2025
How Kurtz Riley Law Group Supports Arizona Clients Through Complex Injury Claims
Empowerment

How Kurtz Riley Law Group Supports Arizona Clients Through Complex Injury Claims

August 30, 2025
Strategies and Tips for Betting on Cricket in the Mostbet App
Empowerment

Strategies and Tips for Betting on Cricket in the Mostbet App

August 30, 2025
How Misha Ezratti’s Net Worth Mirrors His Commitment to Florida Communities
Empowerment

How Misha Ezratti’s Net Worth Mirrors His Commitment to Florida Communities

August 29, 2025
Discover the World of Pump Caps for Glass Containers
Empowerment

Discover the World of Pump Caps for Glass Containers

August 29, 2025
Small Business Issues No One Will Tell You About
Empowerment

Small Business Issues No One Will Tell You About

August 29, 2025
Next Post
Why Betenbough Homes is the Smart Choice for First-Time Homebuyers

Why Betenbough Homes is the Smart Choice for First-Time Homebuyers

Tiffany Co
Tiffany Co

ABOUT US

An organization dedicated to Connecting, Inspiring & Empowering Women around the Middle East and the World. It is the first women empowerment organization that helps successful women meet like-minded successful women by bringing together high achieving successful professional women.

Follow us

QUICK LINKS

  • About
  • Privacy Policy
  • Terms
  • Advertising Solutions

Copyright © Woman PWR™ , All right reserved.

No Result
View All Result
  • Home
  • Empowerment
  • Featured
  • Business
  • Health & Wellness
  • Influencers
  • Women PWR TV
  • Podcast

Copyright © Woman PWR™ , All right reserved.