What is Third-Party Insurance?
“Third Party Only” insurance is a statutory type of insurance policy that indemnifies the policyholder against any legal liability arising from damage, injury, or death caused to a third party. In Kenya, third-party insurance is mandatory for all motor vehicles. It is the most basic form of insurance you can get and covers liability for bodily injury and property damage caused to a third party by your vehicle. However, it does not provide coverage for your own vehicle’s loss or damage, or injury to your body.
THIRD PARTY INSURANCE:
It is the most affordable type of insurance policy you can get.
It is mandatory by law in Kenya.
It covers you against legal liability arising from damage, injury, or death caused to a third party.
There are two types of third-party car insurance policies available in Kenya:
Third-Party Only (TPO): This is the minimum legal requirement in Kenya. It covers liability for bodily injury and property damage caused to a third party by your vehicle. However, it does not provide coverage for your own vehicle’s damage.
Third-Party, Fire & Theft (TP&FT): This policy covers third-party liability and provides protection against fire and theft of your vehicle. Please note that third-party insurance policies protect the interests of only third parties, not yours. It won’t cover damages to your own vehicle or injuries to yourself.
If you’re looking for third-party insurance in Kenya, please reach out to Karen Direct Insurance Brokers Limited, and you’ll have your cover within minutes!