
Benjamin Franklin once has quoted that “By failing to prepare, you are preparing to fail” which clearly reflects that we should be prepared to face any unanticipated losses! Hence, purchasing car insurance is significant.
What are you waiting for? Let’s move on to the next coverage to have a better understanding of how it works.
Any idea on what does third party, fire and theft car insurance means? You can start guessing that third party, fire and theft car insurance policy covers more than a third party policy.
Third party, fire and theft policy offers similar coverage as the third party policy but with added coverage for damages from accidental fire and theft of your own vehicle. Due to this added coverage, third party, fire and theft policy is relatively pricier than the third party policy but more reasonable and affordable as compared to the comprehensive coverage.
Take a look on the outlines below to know what is covered under third party, fire and theft car insurance:
- What is third party, fire and theft car insurance?
- What are the losses of third party, fire and theft car insurance covers and what is not covered?
- Who needs third party, fire and theft car insurance?
- How can I save money on third party, fire and theft car insurance?
- How third party, fire and theft car insurance can be purchased through PolicyStreet which gives you the best deal!
Check them out!
What is third party, fire and theft car insurance?

Third party, fire and theft coverage consists of the third party coverage concept and also covers the losses of the policyholder caused by the event of fire or when the car is stolen. To clarify, when the driver accidentally hits a car which has caused severe damages and bodily injuries to the third party’s car and the third party respectively, this policy would cover the expenses of the third party.
Also, when the driver has met with an accident which is caused due to accidental fire or the cases of burglary, this policy would also cover for these losses. Policyholders would have to bear in mind that this policy would not be suitable if they want to cover losses to their own vehicle damages caused by an accident.
Here is a list of what is covered under this coverage:
- When your car has been stolen
- When your car is damaged by attempted theft (eg: broken door locks or windows or stolen audio and accessories)
- When your car is damaged due to the event of fire
Similar to a third party policy, third party, fire and theft car insurance can be renewed annually too.
To recall back, do check out on what is third party car insurance coverage.
Similar to a third party insurance policy, third party, fire and theft car insurance does not cover any loss or damage to your own vehicle, property or any injury you have suffered as a result of the road accident.
Here is a list of what third party, fire and theft car insurance does not cover:
- When your windscreen is damaged
- When your personal belongings are damaged
- Medical expenses for your own injures
- Legal fees for your own injuries
- When your car is damaged in an accident that was caused by you
If you want to have coverage for your own car or injuries, you might want to opt for comprehensive car insurance coverage as it provides the widest coverage.
Who needs third party, fire and theft car insurance?
If you are planning to consider this coverage then make sure you have met the following indicators:
- When your car is not brand new
- When your car is an older model where it is inexpensive to repair
- When you are no longer under a financing agreement, such as hire purchase or a car loan
You should be aware that third party, fire and theft car insurance comes with an average price tag, therefore you would be paying for the damages incurred on your own car excluding losses that occur due to accidental fire and theft.

How can I save money on third party, fire and theft car insurance?
As you are all aware that the policies are priced based on risks of a person, it is significant that you have disclosed all material facts such as previous accidents, no claims history to get a better idea of how a third party, fire and theft car insurance is priced. This is because driving history and other personal information will directly affect pricing of the policy.
How do I apply for third party, fire and theft car insurance coverage?
Since you have considered purchasing third party, fire and theft car insurance, you can purchase this coverage though PolicyStreet. As you know, PolicyStreet offers a car insurance platform where you can compare and buy directly from there!
As Policystreet is a financial advisor approved by Bank Negara Malaysia (BNM), you will be able to find a variety of car insurance with unbiased choices and the pricing that suits your needs!
Here are the steps on how you can purchase car insurance via PolicyStreet:
- Visit policystreet.com/motor/
- Key in the relevant details and generate instant quotes
- Choose the type of insurance that you are purchasing
- Add on extra coverages that you prefer
- Give us your details and Check out!

Don’t miss out on these exclusive and guaranteed deals from PolicyStreet, visit our website now to get yourself covered under third party, fire and theft car insurance.
Conclusion
Well done, you have now mastered third party, fire and theft car insurance! You are one step closer to grasping all coverages under car insurance. Visit our website now to get yourself covered under third party, fire and theft car insurance.
You can now drive happily without worrying!
