Third-Party Bike Insurance is a mandatory insurance policy for all two-wheeler owners in India. This policy ensures that in case of an accident, any damage caused to a third-party person or property is covered, protecting the policyholder from legal and financial liabilities.
Features
Mandatory by law for all bike owners
Premiums are fixed by IRDAI
Covers injury, death, property damage to third parties
Does not cover your own bike’s damage
Easy to buy & renew online
Benefits
Keeps you legally compliant
Budget-friendly premiums
Covers third-party legal & financial liabilities
Offers peace of mind in case of accidents
Saves you from heavy out-of-pocket expenses
Buy Third-Party insurance to avoid challan
Starting from ₹1.3/day*
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Bought a new bike?
Buy Third-Party insurance to avoid challan
Starting from ₹1.3/day*
View Prices
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Bought a new bike?
Third Party Bike Product Description Insurance Reviews & Ratings
4.5 / 5
(Based on 323 Reviews)
(Showing Newest 10 reviews)
Anand
Jalandhar, December 24, 2024
★★★★★
Big Relief
I have taken third-party bike insurance through Policybazaar. A pedestrian got injured when my bike skidded. I was worried about the medical costs, but my third-party insurance was a big help and helped to covered the medical expenses.
Bhagat
Lucknow, December 23, 2024
★★★★★
Saved Money
Last month, I accidentally hit a parked Scotty with my bike. The damage was more than I expected, but thanks to my third-party insurance, I did not have to pay from my pockets.
Bhavesh
Patna, December 20, 2024
★★★★★
Covered Repair Costs
A tree branch fell on my parked bike during a storm, and unfortunately, the fuel tank and seat cover were poorly damaged. Initially, I thought I'd have to bear the cost, but my insurance covered everything.
Jitendra
Ludhiyana, December 18, 2024
★★★★★
Quick Process
I had to go to the market early in the morning, and as there was zero visibility due to fog, I lost control of my bike and ended up with a bent handlebar and broken headlights. As my bike had a comprehensive insurance plan, I immediately got it repaired under insurance.The claim process was quick, and the repairs were done in 2-3 days.
Nitin
Banaras, December 15, 2024
★★★★★
Accident on a Busy Road
While going to the office, I accidentally hit another vehicle on a congested road. My bike's front and side panels were badly damaged. Thankfully, my insurance covered the repairs without any hassle. The process was smooth.
Kapil
Mumbai, August 04, 2022
★★★★★
Easy Renewal
Renewed my third party bike insurance from policybazaar after seeing their commendable services since three years. The team resolve all the issue in no time and provide an amazing support whenever needed.
Ketan
Jaipur, August 03, 2022
★★★★★
No Paperwork
I recently bought third party insurance online from policybazaar and there was no paperwork involved. Process was smooth and hassel free and I purchased the insurance without any difficulty. Kudos to Policybazaar for seamless support.
Shardul
Karnal, August 02, 2022
★★★★★
Amazing Customer Support
Really appreciate Policybazaars team effort for providing such an amazing customer support. I bought third party insurance after seeing their efforts to satisfy me and providing all the details. Premium is also quite less as compared to other insurer.
Parag
Hapur, August 01, 2022
★★★★★
Reliable Website
I am using third party insurance plan for three years which I bought from the Policybazaar. I really liked their customer support services and the benefits. Policybazaar.com is one of the most reliable website.
Sachin
Kanpur, July 31, 2022
★★★★★
Successful online purchase
I bought thirdparty bike insurance from policybazaar and they offered me the most affordable plan with maximum coverage. Also, I got some discount as I purchased it online from Policybazaar.com. Thanks for making my investment fruitful.
^The renewal of insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for a transaction may vary subject to additional data requirements and operational processes.
^The buying of Insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for transaction may vary subject to additional data requirements and operational processes.
#Savings are based on the comparison between highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.
*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.
*Rs 538/- per annum is the price for third party motor insurance for two wheelers of not more than 75cc (non-commercial and non-electric)
#Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.
*₹ 1.5 is the Comprehensive premium for a 2015 TVS XL Super 70cc, MH02(Mumbai) RTO with an IDV of ₹5,895 and NCB at 50%.
*Rs 457/- per annum is the price for the third-party motor insurance for private electric two-wheelers of not more than 3KW (non-commercial).The list of insurers mentioned are arranged according to the alphabetical order of the names of insurers respectively.Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. The list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in