Okuzeka
Insurance vocabulary · Motor Insurance

Third-party insurance

Meaning in insurance, with examples

nounCore term

In insurance, third-party insurance means: Insurance that pays for injury or damage you cause to other people and their property, but not for damage to your own vehicle.

In Turkish: zorunlu trafik sigortası, trafik sigortası, zorunlu mali sorumluluk sigortası

How it is used

The minimum legal cover for driving in Turkey, the UK and most other countries. In the UK it is sold as 'third party only' or as 'third party, fire and theft'. Professionals also call it third-party liability insurance.

Example sentences

  1. Third-party insurance is compulsory, so you cannot register the car without it.

  2. The other driver's third-party insurance will pay for the damage to your bumper.

Common collocations

  • compulsory third-party insurance
  • third-party liability
  • third party only
  • third party, fire and theft
  • car insuranceInsurance for a car and its driver that covers damage to other people and their property and, depending on the policy, damage to the car itself.
  • comprehensive insuranceCar insurance that pays for damage to the insured vehicle itself, for example from a collision, theft, fire or natural events.
  • liability insuranceInsurance that pays for injury or damage you are legally responsible for causing to other people, including the legal costs.
  • bodily injuryPhysical harm to a person, such as injury, illness or death, as opposed to damage to property.

More terms: Motor Insurance

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This page explains English vocabulary for learners. It is not financial advice.