Third Party Bike Insurance: Get Coverage Up to Rs.1 Lakh

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Third-Party Bike Insurance

A third-party bike insurance policy covers you for damages caused to another person in the form of injuries, property damage and resulting losses. It is also legally mandated under the Motor Vehicles Act, 1988. If you are caught riding your bike without valid third-party bike Insurance, you will have to pay fines of ₹2,000 - ₹4,000 or even face up to 3 months of imprisonment.

Sometimes, even the most careful riders can find themselves in unexpected situations like accidentally causing damage to someone else’s vehicle. A third-party bike insurance plan helps take care of such situations by covering the cost of damage to the other person’s vehicle, so you’re not caught off guard financially.

You can easily buy a third-party bike insurance online from IndusInd General Insurance (formerly known as Reliance General Insurance). Our fully online bike insurance buying and renewal process not only ensures that you always stay covered but also offers flexibility to upgrade to a comprehensive plan when needed. Plus, with quick digital issuance and zero paperwork, getting insured is faster and more convenient than ever.

What is Third-Party Two-Wheeler Insurance?

Third-party two-wheeler insurance, also known as third-party bike insurance, covers legal and financial liabilities if your bike causes injury, property damage or death to someone else. This includes damage to another person’s vehicle or property caused by your two-wheeler. However, it does not cover damage to your own bike, whether due to accidents, fire, natural calamities or theft.

As per the Motor Vehicles Act, 1988, all vehicles in India, including two-wheelers, must have at least 3rd party bike insurance. This law ensures that if a road accident causes injury, property damage or death to a third party, the affected person is financially protected.

Driving a bike without valid insurance is illegal. Under the updated motor vehicle laws, you can be fined ₹2,000 for the first offence and ₹4,000 for repeat offences, along with possible additional penalties. Renewing or maintaining a valid third-party policy helps you stay compliant with the law and avoid these fines.

Why 5 Crore+ Policyholders Choose Us?

With flexible policy options and round-the-clock support, IndusInd Third-Party Bike Insurance offers simple yet dependable coverage tailored to your riding needs. Here are some of its key features:

Quick Purchase & Renewals

100% Digital, with No Paperwork

Up to ₹7.5 lakhs Coverage*

For third-party property damage

Up to ₹15 Lakhs PA Cover

Optional PA Cover for Owner-Driver

24/7 Customer Support Available

Through calls and WhatsApp

Benefits of IndusInd Third-Party Bike Insurance

Helps You Avoid Fines

Since it's compulsory for all bike owners in India, having one can help you avoid fines of ₹2,000 - ₹4,000 and 3 months of imprisonment. In 2024, over 8 crore challans were issued, amounting to almost ₹12,000 crores. This highlights the importance of having valid insurance to protect you from legal liabilities and to fulfil legal mandates, avoiding hefty fines.

Affordable & Flexible Tenure Options

Third-party bike premiums are fixed and set by the IRDAI every year, making this our most affordable bike insurance plan. We also offer a 5-year policy, eliminating the need for annual renewals. This means you pay once at purchase and are covered for multiple years.

Financial Protection Against Third-Party Claims

You are fully covered for third-party liabilities in case any person, vehicle or property was harmed or damaged during an accident or collision by your bike. This means your third-party bike policy will help pay for compensation in your place.

Get Owner-Driver Coverage

You can get our Personal Accident (PA) cover with your third-party policy to cover medical costs due to accidents up to ₹15 lakhs*. We offer a 5-year policy, eliminating the need for annual renewals. This means you pay once at purchase and are covered for multiple years.

Third-Party Bike Insurance – At a Glance

Key Features	Details
Premium	Starting at ₹19/month*
Property Damages to Third Party	Up to ₹7.5 lakhs
Long-Term Policy Options	Available for 2, 3 and 5 Years
Discounts	7.5% (2-year plan) & 13% (3-year plan) + 15% for Electric and 7% for Hybrid Vehicles
Personal Accident (PA) Cover	Up to ₹15 lakhs + Extendable for Passengers
Buy/Renew Online	Available
24/7 Access and Customer Support	Available through calls, WhatsApp and email

Disclaimer: Please refer to the official policy documents for detailed information.

What Does Third-Party Bike Insurance Cover?

What We Cover

Third-Party Damages: You are covered for the repair and medical expenses for damage caused to someone or their property.

Coverage for Bodily Injury: Bodily injury to a third-party person is covered under the policy. They are offered compensation.

Personal Accident: If the bike owner/driver gets seriously injured or dies in an accident, ₹15 lakh is paid to them or their family.

What We Don’t Cover

Damage to Your Bike: Any damage caused to the insured (your) bike from accidents or collisions.

Law Violations & Outside Coverage Zone: We cover all accidents except ones that arise out of breaking the law or ones that occur outside of India's borders.

Disclaimer: Please refer to the official policy documents for detailed inclusions and exclusions.

Affordable protection starts with us

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How Much Does Third-Party Two-Wheeler Insurance Cost?

Third-party two-wheeler insurance is the most affordable form of bike insurance because it only covers liabilities towards others and not damage to your own bike. The third-party insurance two-wheeler price is also regulated by the IRDAI and is calculated based on a few standard factors rather than individual driving behaviour.

Factors That Affect Premium

Engine Capacity (CC of the Bike)

The cubic capacity of your bike is the biggest factor in deciding third-party insurance cost. Bikes with higher engine capacity are considered more powerful and risk-prone, so they attract higher premiums compared to smaller scooters or commuter bikes.

Policy Duration

We offer third-party bike insurance plans with flexible tenure options, allowing you to choose the coverage duration. However, based on the plan’s duration, i.e. 1 year or 5 years, the premiums vary accordingly.

Add-ons (PA Cover)

Personal accident (PA) cover is mandatory for all vehicle owners in India. If you don’t already have one, we offer PA cover of up to ₹15 lakhs with this policy. This additional protection results in a higher premium.

New Bike vs Old Bike

New bikes usually have fixed, clearly defined premiums based on engine capacity. For older bikes, ownership history, renewal gaps and depreciation can affect the final amount.

Third-Party Bike Insurance Premium Rates

For Fuel-Based Bikes and Scooters

Third-party bike insurance premiums are set by the IRDAI based on engine capacity. Here’s a quick view of the latest rates for fuel-based two-wheelers:

Engine Capacity	1-Year Policy Premiums	5-Year Policy Premiums
Less than 75cc	₹538	₹2,901
Between 75cc and 150cc	₹714	₹3,851
Between 150cc and 350cc	₹1,366	₹7,365
Over 350cc	₹2,804	₹15,117

For Electric Bikes and Scooters

The IRDAI offers reduced third-party premiums for electric two-wheelers based on their battery capacity. Here’s a snapshot of the rates:

Battery Capacity	1-Year Policy Premiums	5-Year Policy Premiums
Less than 3 KW	₹457	₹2,466
Between 3 KW and 7 KW	₹607	₹3,273
Between 7 KW and 16 KW	₹1,161	₹6,260
Over 16 KW	₹2,383	₹12,849

Disclaimer: Third-party bike insurance premiums are decided and set by the Insurance Regulatory and Development Authority of India (IRDAI) every year and are subject to change. Always check the IRDAI's official Gazette publications to get up-to-date information on the current year's premium rates.

Who Should Buy Third-Party Bike Insurance?

Third-party two-wheeler insurance is the most affordable form of bike insurance since premiums are fixed and regulated. It is ideal for riders who want to stay insured while keeping yearly expenses to a minimum.

If your bike is older and its market value is already low, spending extra on own-damage coverage may not feel worthwhile. Third-party bike insurance gives you the legally required protection without paying a higher premium for damage coverage that may not offer much financial return.

If you use your bike only for short city commutes, occasional errands or infrequent rides, the risk of major damage to your own bike is lower. In such cases, third-party insurance can be a practical and cost-effective choice.

If your primary goal is to meet the legal requirement without additional coverage, this insurance is sufficient. It ensures you can ride legally on Indian roads and protects you against third-party charges.

How to Buy Third-Party Bike Insurance Online

Buy Online

Scroll Up: Scroll up to the form on top of this page, click on the "Buy" tab and enter your details
Enter bike registration and engine details: Enter your bike’s registration number and your mobile number > Click on ‘View Price’
Choose the third party insurance plan: Choose your coverage as third-party liability and policy duration > ‘Proceed'.
Fill personal details: Enter your KYC details on the next page and upload any required documents
Pay premium & get policy copy instantly: Pay using your preferred mode of payment > Get Instant Policy (PDF/email/WhatsApp).

Documents Required

Copy of your bike’s registration certificate
Identity proof - such as an Aadhaar card or a passport.
Copy of your PAN card
Address proof - copy of Aadhaar card or utility bills.

Protect your bike with us!

Call now and ensure compliance

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Renewal of Third-Party Bike Insurance

Renewing your third-party bike insurance on time is important to stay legally compliant and protected.
A valid policy ensures you are continuously covered against third-party injury, death or property damage.
If your policy lapses, you lose this protection and may face penalties for riding without insurance.
Timely renewal also helps you avoid last-minute troubles and ensures uninterrupted coverage.

Go to the form on top of this page and click the "Renewal" tab.
Enter your policy number or your mobile number, and your bike registration number.
Review and modify your plan if you want to upgrade to more coverage.
Confirm the renewal premium and pay online via UPI, card, or net banking.
After your payment is processed, you will receive your renewed bike policy instantly.

Illegal to Ride on Public Roads: Once your third-party bike insurance expires, riding your two-wheeler becomes illegal under the Motor Vehicles Act, 1988.
Monetary Penalties and Fines: You can be fined ₹2,000 for the first offence and ₹4,000 for repeat offences for riding without valid insurance, along with other possible penalties.
No Third-Party Liability Protection: If your bike causes injury, death, or property damage to a third party during this period, you will have to bear the entire cost yourself.
Complications During Renewal: Expired policies may require additional checks or inspections at the time of renewal, making the process slower and less convenient.
Risk of Financial and Legal Stress: Any accident during the lapse period can lead to serious legal and financial consequences without insurance support.

Filing a Third-Party Bike Insurance Claim

If You are the Victim

Inform Us: Inform us as soon as possible. Get the policy and contact details from the third party in the event of an accident.

Collect Evidence: Get photographs of the damage and collect contact details and statements of any witnesses.

File an FIR: File a First Information Report (FIR) at the local police station, and get a copy of the FIR report.

Case Transferred to MACT: The insurer will transfer your case to the Motor Accident Claims Tribunal (MACT) for further processing.

Claim Settlement: The tribunal will decide on your compensation amount, and the vehicle owner will settle the claim.

If You Caused the Damage

Claims Registration: When you’re liable to pay the compensation, the third party will collect policy details and file a claim and an FIR.

Inform Us: Next, inform us immediately via our paid helpline: +91 22 48903009 and submit your claim documents.

Case Transferred to MACT: We will transfer your case to the Motor Accident Claims Tribunal (MACT) for further processing.

Notify Us for Legal Notices: If you get a legal notice from the tribunal, notify us immediately.

Claim Settlement: The tribunal will decide on the compensation amount, and we will settle the claim and pay your compensation.

Disclaimer: For precise claim-related information, please refer to our policy documents or get in touch with our customer helpline.

How Does Third-Party Bike Insurance Compensation Work?

Here’s how compensation is determined under third-party bike insurance, depending on the severity of damage, injury or loss caused to a third party:

Third-Party Liability	Scale Of Compensation
Damage to third-party vehicle/property	Up to 7.5 lakhs
Partial Disability (Loss of one eye or one limb)	50% of the sum insured
Permanent Disability (Loss of two eyes or one limb and one eye)	100% of the sum insured
The demise of the third party	100% of the sum insured

Disclaimer: Standard T&C applies. For the most up-to-date information, please refer to our policy documents or get in touch with our customer helpline.

Tips for a Smooth Claim

Report the Incident Promptly

Best Seller

Inform the insurer as soon as the accident or loss occurs. Delays in intimation can complicate the claim process or lead to rejection.

Be Honest and Accurate

Best Seller

Share clear and truthful details about how the incident happened. Incorrect or misleading information may affect claim approval.

Document the Incident Properly

Best Seller

Take clear photos or videos of the accident scene, vehicle damage, and the surrounding area. This helps support your claim.

Gather Necessary Evidence

Best Seller

Collect details such as the other party’s vehicle number, driving licence (if applicable), FIR (if required) and witness information.

Follow the Insurer’s Instructions

Best Seller

Cooperate with the surveyor and submit documents on time. Avoid repairing the vehicle until advised.

Third-Party Bike Insurance vs Comprehensive Insurance — Which to Choose?

Third-Party vs Comprehensive Bike Insurance

Aspect	Third-Party Bike Insurance	Comprehensive Bike Insurance
Coverage	Covers injury, death, or property damage caused to a third party	Covers third-party liability and damage to your own bike
Own Bike Damage	Not covered	Covered (accidents, theft, fire, calamities)
Legal Requirement	Mandatory under the Motor Vehicles Act, 1988	Optional but recommended
Premium Cost	Lower and fixed by IRDAI	Higher, depends on IDV, add-ons, and usage
Add-ons Available	No add-ons allowed	Add-ons like Nil Depreciation, Roadside Assistance
Best Suited For	Older bikes, low usage, budget-focused riders	New or high-value bikes, frequent riders

Cost vs Risk Analysis

Factor	Third-Party Bike Insurance	Comprehensive Bike Insurance
Bike Value at Risk	Suitable when the bike has low resale or repair value	Better when the bike is new or expensive to repair
Out-of-Pocket Repair Costs	You pay fully for your bike’s repairs	Insurer covers repair costs (as per policy)
Accident Impact on Finances	High financial impact if your bike is damaged	Lower financial impact due to own-damage cover
Usage Pattern	Works for occasional or short city rides	Ideal for daily commuting or long-distance riding
Theft or Natural Calamity Risk	No protection for theft or disasters	Covered for theft, floods, fire, and other events
Long-Term Cost Effect	Lower premium but higher risk of sudden expenses	Slightly higher premium but controlled long-term costs
Ideal Rider Profile	Budget-focused riders with older bikes	Riders who rely heavily on their bike

When Third-Party Insurance Makes Sense

Third-party insurance is the most affordable option and fulfils the legal requirement under Indian law.

Suitable if you ride occasionally or mostly for short city travel and have a lower risk of getting high repair costs.

Ideal when you currently only need third-party coverage, then this plan fits your budget.

When Comprehensive Insurance is Preferable

Protection for your own bike

Comprehensive insurance covers damage to your bike due to accidents, theft, fire, floods, or other calamities.

New or high-value bikes

Recommended for newer bikes or premium models where repair or replacement costs can be high.

Regular or long-distance riders

Better suited for frequent riders who face higher accident and damage risks.

Customisable coverage

Allows you to add covers like zero depreciation, roadside assistance and engine protection for added protection.

Third-Party Bike Insurance – Legal & Regulatory Framework

Mandatory Legal Cover: Under the Motor Vehicles Act, 1988, every two-wheeler on Indian roads must have at least third-party insurance. Riding without it is considered a legal offence.
Purpose of the Law: The main aim is to ensure that anyone injured or whose property is damaged due to a road accident is financially protected, regardless of who caused the accident.
Penalties for Non-Compliance: If you ride without valid third-party insurance, you can be fined, along with possible additional legal consequences. With the recent proposal put forth by the Union Finance Ministry, bike owners without third-party bike insurance may lose access to fuel and licence-related services.

Standardised Premiums: The Insurance Regulatory and Development Authority of India (IRDAI) fixes third-party bike insurance premiums every year. These rates are based mainly on the bike’s engine capacity (CC). Plus, there is also a 3-year premium freeze (from 2022 to 2025) on third-party insurance by IRDAI. It means this is your chance to buy a third-party car insurance policy before the rates are revised and hiked in 2025.
Uniform Coverage Across Insurers: Pricing of third-party bike insurance benefits remains largely the same across insurers, ensuring fairness and transparency.
Policy Validity Options: IRDAI allows both one-year and multi-year third-party bike insurance policies, helping riders stay insured for longer periods without worrying about annual renewals. We offer a 5-year policy for new bike owners, eliminating the need for annual renewals. This means you pay once at purchase and are covered for multiple years.

IndusInd General Insurance

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IndusInd General Insurance is one of the leading general insurance companies in India. The Company offers a well-rounded and comprehensive bouquet of products including Motor Insurance, Health Insurance, and Travel Insurance, and offers customised solutions to meet the protection needs of each customer.

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Frequently Asked Questions (FAQs)

Is third-party bike insurance mandatory in India?

Yes. As per the Motor Vehicles Act, 1988, third-party bike insurance is mandatory for all two-wheelers in India. Riding without it is illegal and can result in fines and penalties.

What is covered under third-party two-wheeler insurance?

It covers injury, death, or property damage caused to a third party due to your bike. This includes damage to another vehicle or public/private property.

Does third-party bike insurance cover accidental damage to my own bike?

No. Third-party bike insurance does not cover any damage to your own bike caused by accidents, theft, fire or natural calamities. To ensure coverage to your bike against such risks, you can combine our third-party bike insurance with own-damage insurance for complete protection.

Can I buy bike insurance online for third-party damage?

Yes. You can easily buy our third-party bike insurance online by entering your bike details, completing KYC, and making a payment digitally. The policy is issued instantly via email.

How much does third-party insurance two wheeler cost on average?

The cost depends mainly on the engine capacity (cc) of the bike. On average, premiums are lower than comprehensive plans and are fixed annually by IRDAI.

Can I upgrade from third-party to comprehensive later?

Yes. You can upgrade to a comprehensive bike insurance policy at the time of renewal to get own-damage cover and add-ons, subject to vehicle inspection if required.

Is PA cover part of third-party bike insurance?

Since PA cover is mandatory for every owner-driver, we offer it as an option if you do not already have one. It provides financial protection of up to ₹15 lakhs* in case of accidental death or disability.

What documents are needed to buy or renew third-party bike insurance?

You typically need your bike registration number (RC), a valid driving licence and basic contact details. Physical documents are rarely required for online purchases.

What are some things to remember while raising bike insurance claims?

Always remember to file an FIR, collect evidence of damage caused and inform your insurer as soon as possible.

Can I make a claim for third-party liabilities incurred in a different city or state?

Yes, you can file claims for third-party damages that happen in a different city or state. Our bike insurance plans cover all of India.

Will I lose my NCB if I raise a Third-party Two-wheeler Insurance claim?

No, no claim bonus (NCB) discounts only apply to claims filed for damage done to your bike. Since third-party bike insurance only covers damage done to others, there is no provision for NCB discounts.

What if someone else was riding my bike during the accident? Will my third-party bike insurance cover my losses?

Yes, your third-party losses will still be covered. However, for your claim to be accepted, the driver must not have broken any laws or traffic rules while riding your bike.

Is it possible to buy Third-party fire and theft bike insurance?

No, since third-party bike insurance only covers damage your bike causes to others. In case you need coverage against theft and fire, you can buy a comprehensive or own-damage bike plan instead.

What factors affect third-party bike insurance premium rates?

Third-party bike insurance premiums are determined and set by the IRDAI and based on the bike’s engine capacity. In other words, the bike’s engine capacity is the only factor that determines insurance premiums.

Is third-party insurance enough for bikes to avoid a traffic police fine?

Yes, having a valid third-party bike insurance policy is enough to avoid the non-compliance fine of ₹2,000 - ₹4,000 for bike insurance.

How can I get third-party two-wheeler insurance for my 10-year-old bike?

You can buy two-wheeler insurance for your bike by visiting the IndusInd General Insurance website and entering your bike registration details and contact information.