Third party property damage definition
Third party property damage means the physical damage caused to a motor vehicle arising out of a motor vehicle accident and falling under the Motor Vehicles Insurance (Third-Party Risks) Act Chap. 48:51 and the insurance company complained against is a participating member of the Financial Services Ombudsman scheme
Examples of Third party property damage in a sentence
Third party property damage insurance in an amount of not less than $1,000,000.00.
Third party property damage insurance in an amount of not less than Five Hundred Thousand Dollars ($500,000.00).
SECTION A Statutory motor bodily injury insurance policy 4 Motor insurance – Definitions for Sections B-F 17 SECTION B Own damage insurance 18 SECTION C Third party property damage liability insurance 22 SECTION D Legal protection insurance 24 SECTION E Extensions 26 1.