Third Party Fire and Theft is an insurance policy that covers you for damage to another vehicle or property in the event of a car accident. It also protects your car from any loss or damage due to fire, attempted theft or theft.
Essentially, it covers your legal liability to a third party individual in case of a claim due to damage to their vehicle or property. It is worth noting this insurance policy will not cover repairs or damage to your vehicle in the event of a car accident with another driver. However, it does provide cover for damage or loss to your vehicle as a result of fire or if your car is stolen.
This level of cover is generally more expensive than Third Party and more affordable than a Fully Comprehensive policy. Therefore, this policy may suit novice and learner drivers or motorists with vehicles worth less than €1,000. You will need to consider the cost and the benefits offered before deciding.
If you would like us to compare car insurance quotes or have any questions, give us a shout on 042 935 9090, and we will be happy to go through the details with you!