Which insurance applies in a traffic accident?
Compulsory third-party motor insurance covers the other party's losses, while your own comprehensive (kasko) policy, if you have one, covers damage to your own vehicle.
This answer is provided for general informational purposes and does not constitute legal advice. Consult a lawyer for an assessment specific to your situation.
Frequently Asked in This Area
- How is a compensation claim initiated after a traffic accident?
- What can be done if the insurance company rejects the claim?
- Is there a fee for applying to the Insurance Arbitration Commission?
- What happens if the insurer fails to conclude my claim file on time?
- Can the policy be terminated before its term expires?