What is the difference between deductible and third party liability insurance?
Hello, 1 insurance nature is different: deductible insurance is as a kind of additional insurance and exists, can not be individually insured; third party liability insurance is a commercial main insurance, can be individually insured. 2 coverage is different: deductible insurance is for the main insurance deductible to insure; third party liability insurance is the protection of the insured due to their own negligence of third party property damage or personal injury. 3 coverage is different: the amount of coverage is based on the main insurance deductible to determine the amount of coverage; third party liability insurance is to ensure that the third party because of their own negligence. 3 different coverage: deductible insurance coverage is based on the main insurance deductible to determine; third-party liability insurance coverage is in the 50,000-1,000,000 yuan range. 4 different claims: generally, the deductible insurance is not a separate claim, only in the case of the main insurance claims will be entered into the deductible insurance claims. The main insurance policy is not the same as the main insurance policy.