Choosing Car Insurance Policy 2

THIRD PARTY FIRE AND THEFT INSURANCE: This type of policy will pay for the damages caused by your car to other people’s property due to an accident. It also has limited cover for loss or damage to your car against theft or fire only.

However, most policies do not cover damages caused by mechanical, structural or electrical failure. Also damages by depreciation, wear and tear and rust due to old age. Also, policies are meant to cover the repairs due to accidents, fire or theft and not to replace parts that have stopped working due to failure, old age, or some inherent fault.