third-party insurance

Are vehicle owners or drivers liable to pay third-party compensation in accident cases?

By law, third party insurance coverage is mandatory for all vehicles, which means that in the event of an accident, the compensation is given out of the premiums that are collected. This ensures two things; one, that the injured party receives just compensation for the accident in a timely manner…

car catches fire

Car Insurance: What you should do if your car catches fire

Having car insurance is mandatory by law and it’s not the only reason why car owners in the country need to have it. Car insurance, like any other sort of insurance policies (health insurance, life insurance, home insurance), ensures that the policyholder is financially protected in the worst situations. The benefit…