Is Motorcycle Insurance More Expensive Than Car Insurance?

Riding a bike is a fun way to get around, but it includes more risk than driving the car. By having the right motorcycle insurance, you can protect yourself and the bike. If you already own a car and willing to purchase a new bike and want to learn about the difference between car insurance and motorcycle insurance then you are at the right place.  Read this article to know which one is expensive and why?

Read more
Get Two-Wheeler Insurance
Starting @ only ₹482/year*
  • Save up to 85%

    Lowest 2W Premiums
  • 20+ Insurers

    To Choose From
  • 1.2 Crore+

    Bikes Insured

*TP price for less than 75 CC two-wheelers. All savings are provided by insurers as per IRDAI approved insurance plan. Standard T&C apply


Third party rates expected to increase by 21%* soon. Renew today!

Stay home & renew bike insurance in 2 minutes
No Documents Required
Get Bike Insurance starting @ only ₹482/year*
Enter Bike Number
Other options

Understanding the Significance of Motorcycle Insurance

Motorcycle insurance is a type of two-wheeler insurance that covers the expenses for the damages to your vehicle or a third party due to an accident, natural or man-made calamities, theft, and fire explosion. According to Motor Vehicle Act, it is mandatory to have third-party motorcycle insurance to protect yourself from the third-party liability cost. ​For instance, Mr. A while driving a bike meets with a road accident and does not have any kind of motorcycle insurance. In this case, the entire cost of damage or loss will be borne by him. 

It also means if there is property damage to the third party, he will also bear the liability cost for the third party.

However, in the same situation, if Mr. A has a motorcycle insurance cover, then the entire loss and third-party liability will be taken care of by his insurer.

The fact is when you purchase a motorcycle insurance policy, the amount you pay as the premium is way less than the total sum insured. Moreover, driving a motorcycle is riskier than driving a car.  An individual driving the bike is more exposed to danger than all the people seating in the car. That is why two-wheeler insurance offers you coverage against personal physical injury, damage to the vehicle, and third-party liability cover. 

Therefore, not having two-wheeler insurance could end up facing many problems. As horrible as it would be to lose your driving license, or have to pay a hefty fine or imprisonment, it could be even worse as you have to take care of all the expenses during the accident.

How Motorcycle Insurance Differs from Car Insurance?

Most people think that motorcycle insurance works similarly to car insurance. While both of the coverage perform the same purpose, and their claims process is similar, but there are a few differences that you need to understand. Below we have mentioned how motorcycle insurance is different from car insurance-

1. Personal Injury Protection

Motorbikes are more prone to risk and offer very little physical protection. During an accident, the rider is usually thrown from the vehicle with the force. Ultimately, they are more likely to get injured than other four-wheelers. So, to give extra protection an option form of coverage known as Personal Injury Protection (PIP) is offered for the rider.

Hence, motorcycle insurance coverage is different from car insurance, and it is essential for the driver to be insured.

2. Passenger Cover

A car insurance policy automatically covers protection for the passengers in an accident as long as you buy more than standard liability coverage. However, motorcycle insurance coverage is different as bikes are usually presumed to be a transport for a maximum two person i.e. rider/driver and pillion. So, to also ensure the safety of its pillion or guest, a passenger cover insurance is offered by the insurer. It only applies if you are not liable for the injuries. Medical payments coverage is another option that covers injuries regardless of fault.

3. Laid-up Insurance

Your insurer understands the circumstances that there is no risk of an accident during the winter season when your motorcycle is laid up in the garage. That is why laid-up insurance comes in the picture that covers you against various events like theft, fire, parking, windscreen, and other threats due to winter storage. The objective of laid-up coverage is to reduce your annual insurance costs, but you won't get coverage if you take your bike out for a ride in the period and meet with an accident.

4. Unique Add-on Covers

Motorcycle insurance can be tailored with different types of unique add-on coverage that are usually not available with your car insurance. Along with common add-ons as a rider, you can purchase covers like roadside assistance cover, trailer coverage, coverage for modified accessories, and equipment like saddlebags & chromes.

Is Motorcycle Insurance Expensive Than Car Insurance?

The value of a motorcycle is significantly less than a car. However, insuring motorcycle insurance can cost you more. Since motorcyclists are more prone to an accident and thus, it leads to higher insurance premiums. In research, it was found that a person riding a bike is 5 times more likely to get injured and 29 times they are more likely to receive fatal injuries in crashes than someone who is driving a car.

But there are various ways by which you can reduce the premium amount like- having an inexpensive motorcycle rather than having a superbike or sports bike and maintaining a good riding history.

The insurance premium amount is decided by the amount of risk covered.  The cost of a motorbike is always less than buying a car but the damage risk associated with it significantly is very high. That is why a motorbike insurance policy is more expensive than a basic car insurance policy and it also depends on the state's policy.


As you can see, the different vehicle has different insurance policy and thus different price. Though motorcycle insurance has many similarities with the characteristics of car insurance policy, don't make the mistake of assuming they both are the same. Do check your policy terms and conditions carefully before buying.

Written By: PolicyBazaar - Updated: 15 March 2022

Two Wheeler insurance articles

Recent Articles
Popular Articles
5 Ways In Which Your Bike Will Impact Its Insurance Cover

18 May 2022

As per the Motor Vehicles Act, it is mandatory for all bike...
Read more
Top 10 Helmet Brands in India & Need for a Good Helmet

16 May 2022

While riding your bike, there are chances that you might get...
Read more
Top 8 Motorbike Riding Tips for Female Riders

11 May 2022

Gender-specific jobs or hobbies are becoming obsolete. More...
Read more
Extend the Life of Your Two Wheeler Battery with These 10 Tips

06 May 2022

A bike's battery is a vital component and should be...
Read more
Detailed Guide to Bike Insurance Online Renewal

05 May 2022

A two-wheeler insurance policy is a contract between the insurer...
Read more
Best Two Wheeler Insurance Plans in India
When it comes to choosing the best two wheeler insurance plans, we’re sure you have heard enough from different...
Read more
Traffic Rules in India That Every Two Wheeler Rider Should Know
A two wheeler is probably the first vehicle that most people learn to ride after a bicycle. Nothing ever compares...
Read more
Renew Your Two-Wheeler Break-in Insurance Policy at PolicyBazaar
Owners of two-wheelers have been getting a good night’s sleep as far as their vehicle’s insurance is...
Read more
Lost Your Two Wheeler Insurance Documents? Here Is What You Need To Do
A bike insurance policy is one of the important documents required for claim settlement. You won’t be able to...
Read more
How to Renew Two Wheeler Insurance Online in 3 Easy Steps?
Automobile business in India has boomed over time. The automobile sales are skyrocketing. With this rise, there is...
Read more