How to claim a third party insurance :- When you or any of your near and dear involved in an unfortunate road accident or your property is damaged by another person, the first thing you want is to deal with the hassle of a third-party claim. Make sure you know what to do to protect yourself and your claim.
What is a third-party claim? Third-party insurance is essentially a form of liability insurance purchased by an insured (first party) from an insurer (second party) for protection against the claims of another (third party). Third-party insurance is also called liability insurance, and is the part of your car insurance coverage that pays for damages caused by you or the injuries or caused to you.
In this blog post, we’ll discuss the steps involved in filing a third-party claim, as well as what to expect from the court process.
IF YOU HAVE DAMAGED SOMEONE ELSE PROPERTY
In third-party insurance, if you have damaged someone else’s property, you may be held liable for the repairs. This type of insurance can protect you financially if you accidentally damage someone else’s property.
REGISTER AN FIR IN LOCAL POLICE STATION
The primary step in filling the claim is to register you complain in nearest police station and collecting the chart sheet. In addition, you should also inform your insurance company about the accident.
FILE A CASE AT MOTOR ACCIDENT CLAIMS TRIBUNAL(MACT)
Next step comes in filling the case in local Motor Accident Claims Tribunal (MACT). This is important because all third party Claims are settled in the MACT tribunal.
Get an experienced attorney
If damage caused by you is serious and cannot be settled outside the court then you will need an experienced attorney by your side to help guide you through the process. At InsoQuotent we help you provide best legal support for any third-party claim.
Tip: – In some cases, third-party insurance may also cover your legal expenses if you are sued for damages. Your car insurance company may also provide coverage for damages. This is known as liability coverage.
IF YOUR PROPERTY IS DAMAGED BY SOMEONE
If your property is damaged by someone else, you may be able to file a claim with their insurance company. Third-party insurance can help cover the cost of repairs or replacement for your property. It can also provide you with financial protection if the person who damaged your property is sued.
REGISTER AN FIR IN LOCAL POLICE STATION
Before you can file a claim, you will need to register the case in the nearest police station.
Gather all important evidence and documents to prove your claim
Winning a case is all about the evidences. So, it’s most important to keep all the evidence ready on your side. Such as photograph or video of accident, medical files, documentation of injuries, witnesses’ names and phone number, and third-party insurance details.
File a Case in Motor Accident Claims Tribunals
Filing a claim can be a lengthy process, but it is important to do if you want to get your property repaired or replaced. MACT is the government body that regulates this types of cases. Therefore you have to register your case there.
Hiring an experienced attorney
In order to file a claim you will need a experienced attorney onto your side. That can carefully analyse your case help you move in right direction. At InsoQuotient we help you do the same.
Frequently Asked Questions
1. What are the documents required for third party claim?
Ans- Documents required for third part insurance
- Form of claim
- Fir copy
- Driving license copy
- Copy of your insurance policy
- Copy of Registration certificate
2. Why is it important to protect myself from third-party claims?
Ans- If you’re not careful, a the third-partly aim can seriously jeopardize your own claim. The insurance company for the person who caused the accident may try to argue that you’re only using them because you’re looking for a quick pay-out, and not because you were actually injured. This can lead to the insurance company denying your claim or offering you a much lower settlement.
3. What is covered under third party insurance?
Ans- Third-party insurance offers protection against damages to the third party by the insured vehicle. It covers physical injuries, damages to the vehicle, damage to the property, and death. Third-party insurance does not provide any compensation, if: The accident was caused due to drunken driving.