Förstapartsskydd

Förstapartsskydd, or first-party protection, refers to insurance coverage for damages or losses sustained by the policyholder themselves. This contrasts with third-party protection, which covers damages caused to others. In the context of insurance, first-party coverage is designed to indemnify the insured for their own property or well-being.

Examples of first-party protection are prevalent in various insurance types. Auto insurance policies typically include first-party coverage for collision damage to the policyholder's vehicle, as well as comprehensive coverage for non-collision events like theft or vandalism. Similarly, homeowners insurance provides first-party protection for the structure of the home and its contents against perils such as fire, storms, or burglary. Health insurance is also a form of first-party protection, covering the medical expenses incurred by the insured individual.

The primary purpose of first-party protection is to restore the insured to their pre-loss financial position. This means the insurance payout aims to cover the cost of repair, replacement, or medical treatment up to the policy limits. Understanding first-party coverage is crucial for individuals to ensure they have adequate protection for their assets and health. It is distinct from liability insurance, which protects against claims made by third parties for damages caused by the policyholder.