In the world of insurance, getting into an at-fault auto accident with another driver is the worst-case scenario. If you are at fault in the accident, you may be subject to a third-party motor vehicle claim, which is when a driver files a claim with someone else’s insurance provider and it has to pay for the other party’s damages. If you’re the subject of a third-party claim, aside from your own recovery and the repair to your car, your insurance provider must pay the other party’s expenses as well.
These expenses can include property damages, bodily injury, costs of medical bills, and lost wages, up to the limits you’ve set, after you pay your deductible. Beyond that, you’re responsible for damages out of pocket, after what your third-party insurance covers.
Let’s go deeper into the world of third-party motor vehicle claims.