Third Party Insurance indemnifies vehicle owners and drivers who are legally liable for personal injury to any other road user in the event of a motor vehicle accident. Your TPI insurance will cover you for personal injury claims made against you by other road users such as drivers, passengers, pedestrians, cyclists, motorcyclists and pillion passengers. It is a compulsory form of insurance.
Comprehensive Insurance is a first party coverage. That means it also pays for damage to your vehicle that is caused by things such as a collision with an animal, theft, flood, glass damage. The other coverage that pays for damage to your car is called Collision Insurance. This pays for when you strike another object (a car, tree, pot hole). In order for your car to be properly covered, you should have both Collision and Comprehensive Insurances. But in general, both these coverages are treated as one. The state does not require either of these coverages - but if your car is financed, your finance company will require both.
Comprehensive Insurance is a first party coverage. That means it also pays for damage to your vehicle that is caused by things such as a collision with an animal, theft, flood, glass damage. The other coverage that pays for damage to your car is called Collision Insurance. This pays for when you strike another object (a car, tree, pot hole). In order for your car to be properly covered, you should have both Collision and Comprehensive Insurances. But in general, both these coverages are treated as one. The state does not require either of these coverages - but if your car is financed, your finance company will require both.
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