7 Advantages of having Third Party Two-Wheeler Insurance

With the rising number of vehicles on Indian roads, the risk of accidents and related incidents has also increased significantly. Accidents do not always occur due to one’s own negligence and can often result from the fault of another driver. Apart from physical injuries and damage to the vehicle, such incidents can also create financial stress for vehicle owners. This makes two-wheeler insurance an essential and practical safeguard.

To strengthen road safety and insurance compliance, the Supreme Court of India directed that from September 1, 2018, all general insurance companies must provide a five-year third-party insurance cover for new two-wheelers at the time of purchase.

Under Indian law, riding a vehicle without a valid insurance policy can attract strict penalties. Therefore, every two-wheeler owner is required to maintain at least a mandatory third-party liability insurance policy, which serves as the minimum legal insurance coverage for vehicles on Indian roads.