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Verified Tsikot Member
- Join Date
- Jun 2017
- Posts
- 13
February 9th, 2019 05:04 PM #10Hindi yan yung CTPL Insurance Coverage.
Most call it just Liability Coverage, Property Damage Coverage or yung VTPL - Property Damage.
Yan yung policy na magco-cover sa mga damage on someone else's property. i.e. somebody else's car.
In OP's case, kung ginamit nila yung Insurance nung nakabangga sa kanya, First Party ang tawag sa nakabangga sa kanya. Second Party naman ang tawag sa Insurance Company ng nakabangga sa kanya. Kaya Third Party ang tawag kay OP. Hehe.
Iba rin ito dun sa First Car / Second Car na nasa Police Report. Kaya wag malito. Hehe.
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