If you are into bikes, you should also know that you cannot take your vehicle out for a ride without having a bike insurance policy. However, while it is only mandatory for you to have a basic third-party insurance policy, there are many policyholders out there who opt for a comprehensive insurance policy.

Now, why would anyone want to pay more premium when it is not even mandatory?

To answer this question, we would have to dig deeper. Let us learn more about each of these policies and look at their differences.

Third-party bike insurance

A third-party bike insurance policy is the basic mandatory policy you need to have which covers injury/loss/damage caused to the third party. Basically, your third-party liabilities are taken care of by this insurance policy. For instance, if you are in an accident, your insurance policy would provide coverage for the losses of the third party. However, it would not cover the damages faced by you.

Benefits of a third-party insurance policy

Helps you stay within the law

With this policy, you are in compliance with the law stating it mandatory for bikers to have third-party insurance.

Provides third-party liability cover

In case of any injuries or damaged faced by the third party, your policy will have you covered for the expenses.

Makes sure you do not get hefty fines

Your third party insurance will save you from fines you would have to pay if you are caught without coverage while riding your bike.

Comprehensive bike insurance

A comprehensive bike insurance policy provides both third-party as well as own damage coverage. The reason why so many policyholders choose to go for a comprehensive bike insurance plan is that if their own bikes are not covered, they could incur huge losses. The enhanced coverage from comprehensive insurance proves to be a great option for financial security. The best part about this two-wheeler insurance plan is that you can include add-ons to it. For instance, you can choose to add a Roadside Assistance cover to your plan and get immediate assistance in case your vehicle faces a breakdown.

Benefits of a comprehensive bike insurance policy

Covers you and your bike too

A comprehensive bike insurance policy does not just cover the third-party’s injuries or damages, but even your own damages!

Protects you from natural and man-made calamities

Natural or man-made calamities could happen anytime, and your comprehensive bike insurance policy will be there to provide financial coverage.

You can customise your IDV

There are many insurance companies that will allow you to make customisations to your bike’s Insured Declared Value (IDV). This is a great benefit only available with a comprehensive insurance plan.


You can customize your coverage by including add-ons like zero depreciation cover, consumables cover, and engine protection cover with comprehensive insurance.

Now that you have these details, you are ready to make your decision and get your online two-wheeler insurance policy. Enhancing your bike coverage will always be a smart option; however, if you decide to pay lesser premiums and go for a basic third-party cover, you can do that too. The choice is totally up to you!