Third-party bike insurance is an essential policy that protects you if your bike causes damage or injury to another person, vehicle, or property
Share
Buying bike insurance online has never been easier. In just 5 minutes, you can secure your two-wheeler third-party insurance without needing long forms or waiting times. This type of insurance is essential as it covers any damages or injuries caused to other people or their property in case of an accident, and it’s also required by law.
Thanks to the rise of digital platforms, you can complete the entire process from the comfort of your home. No need to visit a branch or deal with lengthy paperwork. Whether buying bike insurance for the first time or renewing your existing policy, the steps are simple.
In this guide, we’ll walk you through how to buy two-wheeler third-party insurance online in just 5 minutes. By the end, you’ll have the coverage you need, ensuring you're always protected on the road.
What is Third-Party Bike Insurance?
Third-party bike insurance is an essential policy that protects you if your bike causes damage or injury to another person, vehicle, or property. If you’re involved in an accident and it’s your fault, this insurance covers the financial cost of the damage to the third party. However, it doesn’t cover your bike repairs or any injuries you may sustain in an accident.
Insurers like TATA AIG make buying third-party bike insurance simple with a 3-click online process—just enter your registration number, fill in basic details, and get an instant quote. It's quick, paperless, and helps you stay legally compliant without any hassle.
Even though third-party plans offer basic liability coverage, TATA AIG also allows you to upgrade to a package policy with valuable add-ons like Depreciation Allowance, Emergency Medical Expenses, Roadside Assistance, and more. So while you meet legal requirements, you also have the option to boost your protection whenever you're ready.[1]
Why You Must Have It:
● It's Required by Law: In India, two-wheeler third-party insurance is mandatory under the Motor Vehicles Act, 1988. Riding without it can lead to fines and legal consequences.
● It Protects You Financially: This policy ensures you’re not left paying out of pocket for damages caused to others, saving you from potentially huge expenses.
● It Helps You Avoid Legal Trouble: Having bike insurance ensures you comply with the law, preventing any legal issues or fines arising from not having the necessary coverage.
Steps to Buy Third-Party Bike Insurance Online in 5 Minutes
You can now buy third-party bike insurance online in just a few easy steps, which takes only 5 minutes.
Step 1: Visit the Insurance Website
Go to the official website of a trusted insurance company. Most insurers offer a user-friendly interface for purchasing two-wheeler third-party insurance.
Step 2: Enter Your Bike Details
You’ll be asked to fill in basic details such as:
● Bike registration number
● Make and model
● Manufacturing year
● Engine capacity (CC). These details help calculate your premium and verify your bike’s specifications.
Step 3: Choose Third-Party Coverage
Select the option for third-party bike insurance. This policy covers liabilities caused to third parties. It does not include damage to your vehicle, so if you're looking for only legal compliance, this is the correct option.
Step 4: Review and Confirm Details
Once you fill in your information, the system will show the premium amount. For third-party insurance, premiums are fixed by IRDAI based on the engine capacity of your bike:
Third-Party Bike Insurance Premium Rates (Annual)
Engine Capacity | Annual Premium (₹) |
Not exceeding 75 cc | 538 |
76 cc to 150 cc | 714 |
151 cc to 350 cc | 1,366 |
Above 350 cc | 2,804 |
Engine Capacity | 5-Year Premium (₹) |
Not exceeding 75 cc | 2,901 |
76 cc to 150 cc | 3,851 |
151 cc to 350 cc | 7,365 |
Above 350 cc | 15,117 |
Check if the premium amount matches your bike’s engine size.
Step 5: Make the Payment
Choose your payment method—debit card, credit card, net banking, or UPI. After successful payment, your policy will be sent to your email instantly.
That’s it! In less than five minutes, your bike insurance is active.
Benefits of Buying Bike Insurance Online
Buying bike insurance online isn’t just convenient. It comes with a host of benefits that make the process faster, easier and more reliable.
● Time-Saving:
Skip the queues and paperwork entirely. You can complete the entire process from home within minutes.
● Instant Policy:
Once you make the payment, your policy document is generated immediately and sent to your email without delay.
● Compare Easily:
Online platforms let you check and compare prices, features, and coverage across multiple insurers before choosing.
● Safe Payments:
All major insurers use encrypted and secure payment gateways, ensuring your transactions are safe and reliable.
● Quick Quotes:
Some insurers like TATA AIG offer a fast, 2-step quote process. Just enter your bike registration number and click on Get Price (for new policy) or Renew (for existing TATA AIG policy). The system instantly shows your premium based on your vehicle and coverage choices, and no lengthy forms are involved.
What’s Covered Under Third-Party Bike Insurance?
● Damage to third-party property (like cars, bikes, walls, etc.)
● Injury or death of a third party
● Legal expenses related to the claim
● Limited personal accident cover for the policyholder (if not already covered under another policy)
What’s Not Covered?
● Damage to your bike
● Theft of the bike
● Fire or natural disaster damage
● Injuries to the policyholder (beyond the basic personal accident cover)
● Optional add-ons like roadside assistance or zero depreciation
Conclusion
Buying bike insurance online is quick, easy, and a smart choice. With just a few clicks, you can meet the legal requirements and ride stress-free, knowing you're protected against unexpected expenses. A third-party two-wheeler insurance policy offers affordable coverage and is ideal if you're looking for basic protection without any extras.
So, don’t wait until the last minute—just choose your plan, fill in your details, pay online, and get insured in under 5 minutes.