Originally posted by mitolover:
eh sorri huh?can any1 tell more abt this?still abit blur leh.wats the diff btween 1st n 3rd party?and is there any others means to get insurence when im below 21.die liao lah.was still thinking of getting bike at this dec.now the price go up.sian...
any1 care 2 enlighten me?thanx....
1st party: (more expenssive)
when accident, can claim for yourself and also for the other person involve if you are in the wrong.
3rd party: (cheaper)
if you wrong and need to pay, you only insured the other person in the accident, meaning your vehicle spoilt, you have to pay yourself. Insurance company only pay the person you langgar.
that's my understanding, care to correct me if i'm wrong?