2 types of two wheeler insurance you should know before buying

By | November 29, 2016

Two wheeler insurance is an insurance plan that offers safety and security from any liability or damage to a person or his property by two wheelers such as motorcycle, scooter or any other. Its gives protection as well as covers the cost of damage to your vehicle because of unfortunate happenings like manmade calamities natural calamities or accidents. This type of insurance offers monetary assistance and defense in the happening of any event affecting the insured two wheeler and if any damage is caused to any belongings or individual by the insured two wheeler, therefore saving the proprietor from compensating a huge sum of money if such situations take place.

There are mainly two types of two-wheeler insurance. These are as following:

  • Liability Only Insurance:

Liability only Insurance offers the insurance coverage in happening of any damage which is caused by the insured vehicle to a third party. The third party insurance is obligatory under Indian law and all two wheelers are mandatory to have this type of insurance. This type of insurance covers the legal price happening out of damage which results in property damage, personal injury or death to a third party because of the vehicle which is insured. With the covering the price of damage because of a mishap or incident many insurance organizations also provides the accidental death cover to the possessor of the insured vehicle. Moreover, this is an added benefit that is provided to the owners of two wheelers. This serves as an added cover in the happening the owner is injured, with the insurance organization covering the price up to a definite limit. This type of insurance plans also offers the coverage mostly to the third party and doesn’t offer a lot in the way of defense for the rider or the two wheeler. On the other hand, premiums for liability only cover can be bought from a number of well known insurance companies at reasonable price. You can buy the cover for a year and renewed per annum.

  • Comprehensive Insurance:

Comprehensive two wheeler insurance offers the coverage for third party legal responsibility and protection for the insured two wheeler as well as rider. This two wheeler insurance covers the harm to the vehicle which arises out of natural or man-made calamities and coverage for both; the owner and rider. Comprehensive bike insurance gives the full protection in the happening of a mishap which results in incomplete or total harm to the insured motor vehicle. In addition to this, this type of insurance also covers the co-rider and the owner throughout personal mishap cover.

Some of the damages which are covered by a comprehensive two wheeler insurance plan are as following:

  • Natural calamities – partial or whole damage happening out of the following are covered:
  • Fire
  • Lightning strike
  • Storm
  • Flood
  • Landslide
  • Earthquake
  • Self-ignition
  • Cyclone


  • Man-made calamities – partial or total damage happening out of the following are covered:
  • Burglary
  • Theft
  • Malicious acts
  • Aggressive acts by an external force
  • Riots
  • Wilful damage


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