Third party bike insurance, starting just at ₹19/month*

Quick Policy Purchase*
Up to 5 Years Coverage*
Personal Accident Cover*

Journey Product Client Extension

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.

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.

Standardised Premiums

Third-party bike premiums are fixed and set by the IRDAI every year, making this our most affordable bike insurance plan.

Covers Your Liabilities

You are fully covered for third-party liabilities in case any person, vehicle or property was harmed or damaged during an accident or collision.

Flexible Tenure Options

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.

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*.

Instantly Buy/Renew

Easily buy and renew third-party bike insurance from our website and download it using the Self-i. For renewal just tap InstaRenew.

Para

Key Insights on Third-Party Bike Insurance

In 2024, over 8 crore challans were issued, amounting to almost ₹12,000 crores. This highlights the importance of having valid insurance to protect yourself from legal liabilities and fulfil legal mandates to avoid hefty fines.

This indicates the importance of insurance to cover damages and reduce hefty out-of-pocket expenses.

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

Through calls and WhatsApp

Key Features of a Third-Party Bike Insurance

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:

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

Reliance’s Heading Second Table

Reliance’s online set up helps ease the process of purchasing a health plan.

Features	Features
Premium starting at	Premium starting at

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

Third-Party Bike Insurance Inclusions and Exclusions

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

No forms and no fuss, call now and insure your bike instantly

Call Us

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

Reliance’s Heading Second Table

Reliance’s online set up helps ease the process of purchasing a health plan.

Features	Features
Premium starting at	Premium starting at

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
Premium starting at	Premium starting at	Premium starting at
Premium starting at	Premium starting at	Premium starting at
Premium starting at	Premium starting at	Premium starting at
Premium starting at	Premium starting at	Premium starting at

How to Buy/Renew Third-Party Bike Insurance

Buy Online

Scroll up to the top of this page and click on the "Buy" tab, and enter your details

Enter your bike’s registration number and your mobile number > Click on ‘View Price’

Choose your coverage as third-party liability and policy duration > ‘Proceed'.

Enter your KYC details on the next page and upload any required documents

Pay using your preferred mode of payment > Get Instant Policy.

Renew Online

Go to the top of this page and click "Renewal" on the calculator

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.

Bike insurance starting at just ₹19 per month*!

Protect your bike with us!

Secure your bike from third-party damages and get attractive discounts and an optional accidental cover for complete protection.

Explore Plan

How to File a Claim Under Third-Party Bike Insurance?

If You are the Victim

Inform Us: 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).

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 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.

Third-Party Bike Insurance Vs Comprehensive Bike Insurance

While third-party bike insurance meets legal requirements, a comprehensive plan offers wider protection. Here’s a quick comparison to help you make an informed choice:

Parameters	Third-Party Bike Insurance	Comprehensive Bike Insurance
Legal Requirement	Compliant as per the Motor Vehicle Act, 1988	Compliant, as it includes the mandatory coverage for third-party damages.
Third-Party (TP) Liability Coverage	Covered but does not include protection for your bike.	Covered, along with OD coverage for your bike under one plan.
Premiums	Low (Basic Coverage & Set by IRDAI)	Higher (More Coverage)
Add-Ons Availability	Not Available	Available
Who Should Buy?	Those who drive their bike less frequently or have an older bike.	Frequent bike users looking for enhanced coverage and customisable coverage.

Reliance’s Heading Second Table

Reliance’s online set up helps ease the process of purchasing a health plan.

Features	Features	Features
Premium starting at	Premium starting at	Premium starting at
Premium starting at	Premium starting at	Premium starting at
Premium starting at	Premium starting at	Premium starting at
Premium starting at	Premium starting at	Premium starting at
Premium starting at	Premium starting at	Premium starting at
Premium starting at	Premium starting at	Premium starting at

Key Takeaways

IndusInd Third-party Bike Insurance (formerly known as Reliance Third-party Bike Insurance) ensures you stay compliant under the Indian Motor Vehicles Act, 1988. It will also help cover costs related to property damage and injuries your bike may cause to another person during an accident.

With the recent proposal put forth by the Union Finance Ministry, bike owners without third-party bike insurance may lose access to fuel and license-related services. 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.

You can quickly secure mandatory coverage online with our easy-to-navigate buying process. It also helps you switch to a more comprehensive plan and customise it with 10+ add-ons (and 3+ EV add-ons) for complete protection. We also offer 24/7 customer assistance along with long-term plan options (up to 5 years) and cashless claims at 11,000+ network garages.

Reliance General Insurance

Aapke Protection ka All-rounder

Reliance 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.

Voices of Trust

Stories shared by our happy customers!

Total Average Rating

Based on ratings

View All

资产发布器

Homepage alternate CX

Frequently Asked Questions About Third-Party Bike Insurance

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.

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

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

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.

Can we convert 3rd party insurance to 1st party?

Yes, you can upgrade your coverage to comprehensive bike insurance during the renewal process.

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.

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.

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.

Disclaimer