Deep Kaur 
bike insurance
Every biker in India needs to understand the importance of third-party bike insurance. Third-party bike insurance protects you from any liabilities arising from third-party injuries or property damage caused by an accident involving your bike. This type of insurance is mandatory by law, and it covers the expenses related to any legal proceedings and any compensation that may be due to the third party. It is important to understand the details of the policy to ensure that you are adequately protected.
Riding a motorcycle is an exhilarating experience, and bike insurance is a necessary part of owning one. Third party bike insurance is a type of insurance policy that offers financial protection against any liabilities arising from injury or death to a third party or damage to their property caused by your bike. As per the Motor Vehicle Act, 1988, it is mandatory to have at least third-party bike insurance in India.
What Does Third-Party Bike Insurance Cover?
As the name suggests, third-party bike insurance covers any liabilities arising out of an accident caused by your bike to a third party, which include death, bodily injury, or property damage. This type of insurance does not cover any damages to your vehicle, theft, or bodily injury to you.
How Much Does Third-Party Bike Insurance Cost?
The cost of third-party bike insurance depends on factors such as the type of bike, its engine capacity, and the age of the bike. The minimum premium for a third-party bike insurance policy starts at Rs. 579 for a two-wheeler with an engine capacity of up to 75 cc. The maximum premium for a third-party bike insurance policy is Rs. 700 for a bike with an engine capacity of more than 350 cc.
What Is the Validity of Third-Party Bike Insurance?
Third-party bike insurance policies are valid for a period of one year, after which you need to renew your policy. It is important to remember to renew your policy on time, as failing to do so can result in heavy fines and legal implications.
How to Buy Third-Party Bike Insurance in India?
Buying a third-party bike insurance policy is quite simple and can be done online in just a few minutes. All you need to do is visit the website of a reputed insurance provider, fill in the required details, and select the type of coverage you want. You can also compare various policies online to find the best one for your needs. Once you have purchased the policy, you can make the payment online and get the policy documents delivered to your doorstep.
How to check Third Party Bike Insurance Online?
It is important to get your third-party bike insurance checked regularly to make sure it is valid and up-to-date. You can do this by visiting the website of your insurance provider and entering your policy number. This will give you access to the details of your policy, including the premium amount, coverage, renewal dates, and more. Third-party bike insurance is an essential type of insurance for bikers in India, as it covers any liabilities arising from injury or death to a third party or damage to their property caused by your bike. It is important to purchase a policy from a reputed insurer and to check your policy online regularly to make sure it is valid and up-to-date. With the right bike insurance policy in place, you can ride your bike with complete peace of mind.
In conclusion, third-party bike insurance in India is a great way for bikers to protect themselves from financial loss due to third-party liability. It is important to understand the policy details and coverage options before signing up for a policy, as well as the requirements for filing a claim. With the right precautions and information, third-party bike insurance can help bikers stay safe on the roads.
