Superquote Terms: Third Party

The third party in insurance is a general term relating to another party involved in a contract or claim.  When organising cover, the policyholder or insured is known as the first party and the insurer is the second party.

A third party is most commonly an individual or business involved in a claim.

The term third party motor insurance comes from the fact that the legal basic requirement in the UK to drive on the roads is protection for third party cover.  This means a third party is protected in the event of you causing a loss to them but the policyholder (as the first party) is not insured, unless you opt for a comprehensive policy.

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