In most of the cases, accidents involve a third party. It can be stressful and very expensive to pay for the damages caused by your two-wheeler to other people's vehicles and property. Thus, third party two-wheeler insurance is mandatory by law under the Motors Vehicles Act, 1988 and is highly recommended.
You can save yourself time, money, and stress if you are covered by two-wheeler insurance third party. It is a kind of risk cover that pays for any legal liabilities arising due to an unfortunate event.
With a 2-wheeler insurance third party, you are covered against the damages to other people's vehicles and property. Plus, you are also covered for damages caused to your two-wheeler by uninsured drivers.
The third-party bike insurance covers your financial liability for the damages caused to a person, vehicle, or property by your insured two-wheeler. It can be a huge financial obligation to cover all these costs from your pocket.
You can buy a third-party bike insurance online with a few documents. The processing is quick and hardly takes any time since it doesn’t cover your insured vehicle.
Usually, the two-wheeler third party insurance is the cheapest compared to other insurance covers and add-ons. Thus, you get a higher risk cover by paying a small premium amount.
Usually, the two-wheeler third party insurance is the cheapest compared to other insurance covers and add-ons. Thus, you get a higher risk cover by paying a small premium amount.
The following things are covered under a comprehensive third-party two-wheeler insurance:
Comprehensive bike insurance covers damages to you or a third party. However, there a few exclusions two wheeler insurance will not be applied:
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