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Contributor
Hardik Parikh
Posts: 31
Registered: ‎12-07-2017

What are the types of two-wheeler insurance in India?

What are the types of two-wheeler insurance in India?

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Contributor
Ragini Khanna
Posts: 39
Registered: ‎09-06-2017
Solution

Re: What are the types of two-wheeler insurance in India?

Well, there are two types of two-wheeler insurance: 'Third-Party Insurance' and 'Comprehensive Insurance'.

Third-party insurance protects you against losses, which occur due to bodily injury or death to a third party or any damage to that person’s property. It is mandatory, by law, to have third-party insurance.

Comprehensive insurance, on the other hand, protects you against losses caused to you, your co-passengers and your vehicle in addition to third-party coverage.

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Contributor
Ragini Khanna
Posts: 39
Registered: ‎09-06-2017
Solution

Re: What are the types of two-wheeler insurance in India?

Well, there are two types of two-wheeler insurance: 'Third-Party Insurance' and 'Comprehensive Insurance'.

Third-party insurance protects you against losses, which occur due to bodily injury or death to a third party or any damage to that person’s property. It is mandatory, by law, to have third-party insurance.

Comprehensive insurance, on the other hand, protects you against losses caused to you, your co-passengers and your vehicle in addition to third-party coverage.