Playing an essential economic role, insurance is a service put in place to ensure the protection of individuals and their property. Generally, in order to avoid all expenses in the event of an accident, the subscription to an automobile insurance is compulsory. However, it is important to know the difference between comprehensive insurance and third party insurance.
Third party insurance, what is it?
First of all, according to the legislation in France, a person owning any motorized vehicle is obliged to have automobile insurance. You should know that there are three classic formulas to protect your vehicle: third party insurance, third party plus and comprehensive insurance. Therefore, being the most economical, third-party insurance is the default formula that is necessary when obtaining an automobile. On the other hand, unlike comprehensive insurance, this is a service with limited coverage. In the event of an incident, it guarantees all damage, whether physical damage or material damage.
Nevertheless, it is possible to subscribe to additional options such as protection against theft, fire, damaged windshield, etc. In this case, it is a third party plus insurance.
What you need to know about comprehensive insurance
Regarding comprehensive insurance, it is insurance that covers most unexpected events. Also known as “all accidents” insurance, this service offers full coverage in the majority of accidents. Unlike third-party insurance, it is very advantageous, because it covers damage in the event of a claim, whether responsible or not.
In principle, this formula protects against all types of situations, for example in the event of theft of your vehicle, natural plagues, vandalism … Currently, there are comparators who examine the various insurance proposals on the internet. You should know that each insurance agency can present its own pack for all different dangers.