Dictionary.com
Thesaurus.com

third-party insurance

American  
[thurd-pahr-tee] / ˈθɜrdˈpɑr ti /

noun

  1. insurance that compensates for a loss to a party other than the insured for which the insured is liable.


Other Word Forms

Etymology

Origin of third-party insurance

First recorded in 1900–05

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

It noted, however, that “renewal of our third-party insurance agreements should result in a mid-single-digit percentage increase in cost of insurance on a per-ride basis quarter over quarter.”

From MarketWatch Nov. 5, 2025

Pharmacy technicians, who fill medicine prescriptions, process third-party insurance claims and help patients check out at the pharmacy, are not part of Wednesday's announcement, DeMoss said.

From Reuters May 31, 2023

Some nonprofits, including the Roman Catholic Church, have used captives to ameliorate the high premiums charged by conventional third-party insurance companies to underwrite sexual abuse claims.

From Salon Apr. 15, 2021

Some also hand them over to third-party insurance firms, moving a big cost factor off their balance sheets.

From The Wall Street Journal Jan. 9, 2017

While it accepts Medicare, it does not currently accept third-party insurance, although it is exploring the option, a spokeswoman, Danit Marquardt, said, adding that it is starting to enroll some of its stores in Medicaid.

From New York Times Aug. 7, 2014

Vocabulary.com logo
by dictionary.com

Join 12,000,000 vocabulary learners

Start learning new words today on VocabTrainer.
You'll remember them forever.

Start training