What's the difference between Comprehensive and Third Party Insurance?
Comprehensive Car Insurance covers you for
accidental damage or loss of your car as well as damage to someone else's vehicle or property up to $20 million.
Third Party Insurance covers you for
any damage the use of your car causes to other people's property or car. You are not covered for any
damage to your own car or for injuries to other people.
What is the difference between market value and agreed value?
Market value is the amount your car is worth on the buying/selling market at the time of sale. Agreed value is the price of your car
that's been agreed on by you and your insurer, usually at the time of taking out or renewing your policy.
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