First Party vs. Third-Party Insurance: Key Differences – Insuremile
Understanding the difference between first-party and third-party insurance is essential for choosing the right coverage. First-party insurance covers damages to your own vehicle, theft, and personal injuries, while third-party insurance covers damages and liabilities to others. First-party insurance includes comprehensive and zero depreciation bike insurance, offering greater protection, whereas third-party insurance is mandatory by law and covers only third-party claims.
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