How to Get the Third Party Car Insurance and Home Insurance in East Meadow, New

Posted by HallerZarembaInsNY on April 26th, 2021

One of the essential requirements for driving a car on the road is, of course, a driving license. But at the same, one should have car insurance to be able to do the same. Driving without car insurance can incur a hefty penalty. Buying the right car insurance can be difficult. This is why it is essential to buy the right car insurance in East Meadow, New York, from a good insurance agency.  

Third-party liability insurance is one such car insurance that many car owners are familiar with. It is one of the most economical insurance coverage options one can get. Let’s dig deep to know about this insurance before making any purchasing decision.

1. What is third-party car insurance?

It’s a kind of car insurance whereby the company insures a person. It pays for the insured drivers if they are legally liable for injuries or damages due to the car accident to any third party. One can take advantage of this insurance only when the accident turns out to be one’s fault. However, it does not allow policyholders to claim for the damage to their own.

2. What is covered?

Third-party car insurance is the most cost-effective car insurance. It covers one against the death and injury to any third party, accidental death of the insured vehicle’s owner, damage to the third party property, and permanent disability of the insured vehicle’s owner.

So who is this third party?

Well, the one who buys the policy is the first party, the company is the second party, and the person who claims after the injury from the first-party vehicle is the third party. This insurance is typically designed to pay for the loss or damage sustained by the third party. In other words, it benefits the first party as it relieves the enormous financial strain that they have to bear in case they are not insured. This will not cover any damage and theft to the vehicle. It will also not cover one and one’s belongings.

Documents Needed at the Time of Claim:

In the case of third-party car insurance, the insured must intimate the company about the damage during the accident or injury. If the coverage includes the towing facility, the insurer will send the necessary arrangement to tow the vehicle to the nearest garage. To make a claim, the following documents are required:

l A claim form signed by the insured

l Copy of vehicle RC

l FIR copy

l Copy of driving license

l Copy of the policy document

These are a few of the most important things one must know before buying third-party car insurance. One should choose the right service provider who will be helpful when needed. The same rule applies to home insurance in East Meadow, New York too.

It’s always beneficial to purchase any insurance products from the same insurance provider. All one needs to do is find the right insurance company and get the insurance items at a reasonable rate.