It is the most basic car insurance coverage you can purchase. The third party only policy simply covers
damage to a third party. This means if you are involved in an accident, your policy willONLY cover the damage to the other car and any injury sustained by persons in the other car. The amount covered is usually stated in the policy terms. No claim can be made by you for injury to yourself or damage to your car. Do not forget that if your car is stolen you cannot claim for any losses so you really need to be sure that Third Party insurance is suited to you.