Aman Patni2024-08-30T10:28:15+05:30Yes, as per the Motor Vehicle Act, 1988, all two-wheeler owners must have at least third-party liability insurance.
Q2: Which type of 2 wheeler insurance is best?
Aman Patni2024-08-30T10:27:46+05:30A comprehensive 2 wheeler insurance policy offers both third-party coverage and damage cover, making it the best choice for most riders.
Q3: What is the difference between first-party and third-party 2 wheeler insurance?
Aman Patni2024-08-30T10:27:11+05:30First-party insurance covers damages to your own vehicle, while third-party insurance covers damages caused to others. Comprehensive policies include both.
Q4: What is 5-year 2 wheeler insurance?
Aman Patni2024-08-30T10:26:24+05:30When purchasing a new two-wheeler, it is mandatory to buy a 5-year third-party insurance plan, often bundled with 1-year own damage cover.
Q5: What is a deductible in 2 wheeler insurance?
Aman Patni2024-08-30T10:25:54+05:30A deductible is the portion of the claim amount that the policyholder must pay out of pocket during claim settlement.