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Meaning of “third party, fire and theft” in the English Dictionary

"third party, fire and theft" in Business English

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third party, fire and theftnoun [U]

uk   us   UK
INSURANCE carinsurance that will ​paymoney to a ​person who suffers ​loss or ​damage caused by the ​insuredperson in an accident, and that also ​paysmoney if the ​insured person's ​car is ​stolen or ​damaged in a ​fire: third ​party, ​fire and ​theftcover/​insurance If you are only ​covered for third ​party, ​fire and ​theft, you cannot ​claim for storm ​damage to your ​car.
(Definition of third party, fire and theft from the Cambridge Business English Dictionary © Cambridge University Press)
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