What is Third-party Bike Insurance?
It is the most basic form of insurance, and as per law, all bike owners must have a third-party cover. Driving with a valid insurance is a punishable offence. Third-party bike insurance covers damages caused to the third-party’s vehicle, physical injuries and personal property.
If the policyholder gets into an accident, then the cost to repair the damage to the third-party property is covered. Third-party bike insurance protects the policyholder against damage to third-party property.