Company offers 3 types of personal motor insurance to vehicle owners. It includes the third party insurance, fire and theft, and comprehensive cover. All vehicle owners need to purchase a motor insurance which covers their vehicles, be it a motorcycle, a car, or a lorry, in case of accidents or thefts. All motor insurance is identified by a unique policy number, date of purchase, date of expiry, coverage amount, premium amount and type of insurance, vehicle identification and owner identification. The third party insurance covers the liabilities to third party for injury, death and damage, while fire and theft covers an additional loss or damage to own vehicle due to accidental fire or theft. Lastly, the comprehensive insurance will cover all components of the previous two plus damage to own vehicle due to accident.
Is this correct?if not how can I modify it?