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Difference Between Third-party Bike Insurance Vs. Comprehensive Bike Insurance



Your bike is your most prized possession, especially if it one of those that you have dreamt of having ever since you were young. But sometimes, the thrill of having one and riding at high speed can also lead to situations like accidents that may cause damage to you or your bike or may lead to third-party damages. Statistics suggest that, on average, six road accidents occur in India every hour, and hence you must have bike insurance in place that protects you from any financial stress due to a bike accident.

There are two major types of bike insurance available online- third-party bike insurance cover and comprehensive bike insurance cover. To understand the difference between the two, please see the table below-

Third-Party Bike Insurance Cover

Comprehensive Bike Insurance Cover

Provides financial cover against third-party damages i.e., damages caused to any third-party bike or individual.

Provides complete financial cover against damage to one’s bike or in case of any third-party damage. 

Provides financial cover for medical treatment of a person injured from your bike or in case of his/her demise due to the accident. 

Provides financial cover for medical treatment of a person injured from your bike or in case of his/her demise due to the accident.

Does not cover any damages for the bike or bike owner himself.

Covers for the damage or injury caused to the bike or bike owner. 

Does not cover the expense incurred in the case of damage/injury of the insured two-wheeler due to fire/explosion/theft/accident/self-ignition/lightning/terrorist activity. 

Covers for the expense incurred in the case of damage/injury of the insured two-wheeler due to fire/explosion/theft/accident/self-ignition/lightning/terrorist activity.

Does not protect against damage caused to the bike during transit through road, rail, air, or waterway. 

Protects against damage caused to the bike during transit through road, rail, air, or waterway.


You can visit Bajaj Finserv’s website to know more about add-on benefits, renewal policy, and no claim bonus under the different bike insurance covers. 
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