Why Is Third Party Insurance Cheaper Than Regular Auto Insurance?

1.	Why Is Third Party Insurance Cheaper Than Regular Auto Insurance?
Answer» Third party insurance is mandatory as PER LAW and offers a basic vehicle insurance that covers all DAMAGES caused due to the fault of the individual driving the vehicle. A Comprehensive motor insurance cover on the other hand offers a more comprehensive protection covering the damages caused to the driver's vehicle as well as any third party vehicle and INDIVIDUALS, hence the added costs. Third party insurance is mandatory as per law and offers a basic vehicle insurance that covers all damages caused due to the fault of the individual driving the vehicle. A Comprehensive motor insurance cover on the other hand offers a more comprehensive protection covering the damages caused to the driver's vehicle as well as any third party vehicle and individuals, hence the added costs.

Answer»

Third party insurance is mandatory as PER LAW and offers a basic vehicle insurance that covers all DAMAGES caused due to the fault of the individual driving the vehicle. A Comprehensive motor insurance cover on the other hand offers a more comprehensive protection covering the damages caused to the driver's vehicle as well as any third party vehicle and INDIVIDUALS, hence the added costs.

Third party insurance is mandatory as per law and offers a basic vehicle insurance that covers all damages caused due to the fault of the individual driving the vehicle. A Comprehensive motor insurance cover on the other hand offers a more comprehensive protection covering the damages caused to the driver's vehicle as well as any third party vehicle and individuals, hence the added costs.

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