Comprehensive Two-Wheeler Insurance Policy vs Third Party Two Wheeler Insurance

Third-party Bike Insurance VS Comprehensive Bike Insurance

Points Of Difference Third-Party Two-Wheeler Insurance Comprehensive Two-Wheeler Insurance
Coverage offered - Covers losses or damages caused to a person or their property, or another vehicle due to an accident. Covers financial and legal liabilities arising out of damages caused to a third-party as well as any loss or damage caused to your two-wheeler due to sabotage, accidents, fire, theft and vandalism, malicious acts, terrorism, and civil disturbances such as riots, natural calamities like earthquakes, floods, etc.
Exceptions Of The Policy

Damage or loss caused to your own two-wheeler

Injury caused to self, due to accident

Damage or losses as a result of the following: Theft


Natural calamities


Normal wear and tear

Civil disturbance

Mechanical or electrical breakdown

Damage or loss caused in following circumstances:

Riding without an active licence

Riding under the influence of alcohol or drugs

If the policy is lapsed

Damage or loss caused as a result of:

- Usual wear and tear

- Electrical or mechanical breakdown

Damage or loss caused in following circumstances:

Riding without an active licence

Riding under the influence of alcohol or drugs

If the policy is lapsed

Add-On Covers Available Personal Accident cover Return to invoice Zero depreciation Cover for accessories Pillion Rider Accident cover Roadside Assistance, and more
Cost The coverage offered in a third-party insurance policy is limited. The policy is cheaper in comparison to a comprehensive insurance policy. The IRDA determines the premium of a third-party liability insurance every year based on engine displacement. Comprehensive bike insurance is costlier in comparison to the third party insurance as it provides a greater scope of protection.
Which is better? Limited coverage offered. Extensive coverage offered Better protection

What is Comprehensive Two Wheeler Insurance?

Two-wheelers have been considered as the best means to commute because they cut through narrow lanes and traffic jams in addition to offering fuel efficiency. Although two-wheelers have the potential to save a good amount of time and money, they also come with an element of danger as two-wheeler accidents can cause serious injuries and even result in death.

It has been made mandatory by the Motor Vehicles Act of 1988 for all two-wheelers that hit the road must be insured. A two-wheeler insurance policy protects the driver from significant damage while offering financial protection to his / her family in case of his / her accidental death. also offer coverage to the owner of the vehicle from risk against any third party injuries, loss of life or damage to property.

The two most popular kinds of insurance policies offered by insurance companies are Third Party Insurance and Comprehensive Insurance. While comprehensive insurance is relatively expensive in comparison with third party insurance, a third party insurance policy will only offer cover for the third person, making comprehensive insurance the best bet for those who wish to be fully protected when on the road. Even the premiums can be availed at a lower rate if you go for third party insurance, since the coverage is limited. While you and your two-wheeler will not be covered under a third party insurance policy, a comprehensive insurance policy is opted for by most individuals as it ensures that not only you and your vehicle, but also any third party involved in an accident will be financially protected.

Benefits of Comprehensive Two-Wheeler Insurance Policy:

A Comprehensive Two-Wheeler Insurance Policy provides a number of benefits to customers. Following are the most important:

  • Protection against damage to your two-wheeler after accidents: If you meet with an accident, depending upon the severity of collision, it can be an expensive endeavour to maintain and restore your two-wheeler. A comprehensive insurance policy will cover all expenses related to restoring your two-wheeler to its regular condition.
  • Protection against injuries: In case the rider suffers injuries by meeting with an accident, all medical expenses will be covered by the policy provided you insure your two-wheeler under a comprehensive policy.
  • Protection against death: In case the rider of a two-wheeler dies because of an accident caused when he / she was riding the bike, a comprehensive insurance policy will ensure that the family members of the deceased are compensated.
  • Protection against injury or death to third party and damage to property: In case the rider meets with an accident and as a result, injures or kills a third person, or damages any property, the costs associated with the same will be covered by a comprehensive insurance policy.

Comprehensive two-wheeler insurance policies are the best option for all motorists who are looking to purchase insurance for their vehicles. It not only covers a wide variety of losses and damages to the insured individual, but also to third parties, thereby ensuring that the costs incurred by the policyholder in case of an accident are minimal.   

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