What is Third-Party Fire and Theft Car Insurance?

It is legally required to insure your car before plying it on the roads and it is up to you what kind of cover you want to buy for your car. There are various types of insurance plans available and some of the most popular ones are – comprehensive car insurance plan, third-party car insurance cover, and third party fire and theft car insurance policy.

The comprehensive car insurance plan provides you coverage in case of any damage to your car, injury to you, damage due to fire, loss due to theft, and third-party liability.

The third-party car insurance provides coverage against your liability that may arise due to an accident by your insured vehicle. The insurance company provides coverage if an accident causes injury or damage to third-party or property of the third-party. In this way, third-party car insurance helps to reduce your financial burden that may arise in case of any unforeseen situation.  

The third-party fire and theft car insurance cover provides coverage for your liabilities that may arise due to an accident by your car causing injury or damage to the third-party or third-party property. If your car is stolen, your car is damaged by the fire, and the damage that may occur when the thief was trying to steal the car and breaks car door locks are all covered under this plan.

Does Third-Party Car Insurance Cover Theft and Fire?

No, third-party car insurance does not cover theft and fire. It only covers damages your insured vehicle causes to third-party property, vehicles, and bodily injuries. To cover your vehicle against damage, theft, and fines, you need to purchase comprehensive motor insurance in the UAE. 

How Can You Get Fire & Theft Car Insurance?

As mentioned above, you can buy a comprehensive motor insurance policy to receive fire and theft coverage. Here’s what you can typically expect under comprehensive insurance —

• Third-party liabilities
• Damage to the insured vehicle
• Cover for fire, theft, and vandalism
• Personal accident cover for the driver and passengers
• Repair and replacement of the vehicle

In a nutshell, a comprehensive insurance policy offers not only third-party coverage but also financial protection in case your insured vehicle is damaged, stolen, or damaged in a fire.  

Note that your car may not be covered in case the theft involves the following —

1. Your negligence
2. Uninsured items in your car
3. Rental cars
4. Excluded vehicles or parts

Where to Buy the Best Car Insurance in UAE?

You can easily buy the best car insurance in dubai, UAE, on Policybazaar.ae. This is a third-party aggregator that offers the best comprehensive car insurance plans in the country. Here is what you get when you buy insurance from us —

1. Option to compare up to 5 plans at once
2. Exclusive access to the PB Advantage program
3. End-to-end claim assistance
4. Expert advice in case of confusion

Final Words:

Many insurance companies are providing a wide range of car insurance products. It is important that you check the claim settlement ratio of the insurance companies before buying any plan. It would give you an idea whether your claim will be settled by the insurance company if arise in the future.

Moreover, you can compare various plans before buying so that you can purchase the best plan as per your requirements and budget. There are various insurance web aggregators available online and you can get the best result by comparing various plans on any one of them. Research also plays an important role so it is important that you do sufficient research before buying any plan.

Remember, the buying decision should not be made in hurry. All the important factors should be considered before making a purchase decision. Also, do not forget to consider the claim settlement ratio of the company from whom you are buying the plan. It would give you a clear picture of the insurance company. In short, do a lot of research, compare various plans, and then select the best plan as per your need and budget.