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

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"third party, fire and theft" in Business English

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third party, fire and theftnoun [ U ]

uk us UK

INSURANCE car insurance that will pay money to a person who suffers loss or damage caused by the insured person in an accident, and that also pays money if the insured person's car is stolen or damaged in a fire:

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)