Third-party bike insurance is a type of two-wheeler insurance policy that covers the financial liability of a bike owner for causing bodily injuries or property damages to a third-party person while driving.
Which insurance type is best for bike?
A Comprehensive type of policy is considered as the best two-wheeler insurance policy because of its coverage. It covers the mandatory Third-party Liability Insurance as well as Own Damage.
Which bike insurance is best first party or third-party?
Both first-party bike insurance and third-party bike insurance are essential if you own a bike in India. While you have to insure your bike with the Third-party Liability plan since it is mandatory, the Comprehensive plan offers broader coverage by providing third-party and own damage coverage.