Square Insurance

 Whether you ride a scooter, motorcycle, or superbike, having insurance is not just important, it is mandatory under the Motor Vehicles Act, 1988. The most basic and essential type of bike insurance every two-wheeler owner must have is third-party bike insurance. Many riders buy a policy for compliance without fully understanding what it covers, how it works, or why it is so important. In this simple and complete guide, I will explain what third-party bike insurance is, its benefits, limitations, premium details, claim process, and tips to choose the best policy. My goal is to help you make a confident and informed decision. What Is Third-Party Bike Insurance? Third-party bike insurance is a mandatory two-wheeler insurance policy that protects you against legal and financial liabilities arising from: Damages to someone else’s vehicle Injuries to another person Death of a third party Property damage In simple words, if your bike accidentally hits someone or damages their ...

 Riding a bike offers convenience, freedom, and faster travel, especially in busy city roads. But with the advantages comes responsibility. Road accidents, property damage, and injuries can happen anytime, even if you ride carefully. This is why having third-party bike insurance is not only a legal requirement but also a smart protective measure for every bike owner. In this blog, you will learn the top benefits of third-party bike insurance , why it is mandatory, how it protects you financially, and why every two-wheeler owner must have it. The goal is to explain everything in simple, helpful, and easy-to-understand language while ensuring the information is fully accurate and trustworthy. What Is Third-Party Bike Insurance? Third-party bike insurance is a type of two-wheeler insurance that protects you from legal and financial liabilities if your bike causes: Damage to someone else’s vehicle Injury to another person Property damage Death of a third party It d...