Third party insurance for a bike is a type of two-wheeler insurance policy that covers the financial liability of a bike owner for causing bodily injuries or property damage to a third party. It is mandatory to insure your bike with third-party two-wheeler insurance as per The Motor Vehicles Act, 1988. Here are some key features of third party bike insurance:

• Coverage: Third party bike insurance provides coverage against financial and legal liabilities arising due to damage to the third-party property or injury or death of a third party caused due to your insured two-wheeler.

• Cost: Third party bike insurance is more affordable compared to comprehensive bike insurance plans.

• Advantages: Third party bike insurance is a basic and simple insurance plan which provides third-party liability coverage. It is easy to purchase and provides financial and legal coverage against third-party liabilities at a low premium.

While third party bike insurance is the most basic form of insurance, it is important to note that it only covers third-party liabilities such as damage to the third-party property and injury or death of a third party caused due to the insured two-wheeler. If you need own damage cover, you must opt for a comprehensive insurance plan.