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In 2026, staying legally compliant on Indian roads is simpler than ever, but it remains a critical responsibility for every rider. Whether you are navigating the busy streets or cruising on a highway, having a valid third-party bike insurance policy is a legal mandate.
Before you hit the road, it is essential to understand the basic safety net that the law requires for every vehicle. Third-party bike insurance (often called 3rd party bike insurance) is the most basic form of vehicle protection mandated by the Motor Vehicles Act of 1988. This policy covers the legal and financial liabilities that arise when your two-wheeler causes injury, death, or property damage to another person (the "third party"). While it does not cover damages to your own vehicle, it ensures that victims of an accident are compensated without putting a massive financial burden on you.
Understanding the mechanics of a claim can help you see why this policy is a vital social and financial tool. When an accident involving your vehicle occurs, third-party bike insurance acts as a buffer. If you are found at fault, the insurance company steps in to handle the legal proceedings at the Motor Accident Claims Tribunal (MACT). The insurer then pays the court-awarded compensation directly to the affected party, shielding you from potentially "life-altering" legal costs.
While it is a "basic" policy, it includes several standard features to enhance ease of use and compliance.
The government prioritises public welfare, ensuring that any road user has a path to compensation.
In India, 3rd-party 2-wheeler insurance is mandatory because road accidents often involve innocent pedestrians or other drivers who shouldn't have to suffer financially because of someone else's mistake. By making 3rd-party insurance for bikes compulsory, the government ensures a structured process for victim compensation, regardless of the at-fault rider's personal wealth.
Since the rates are regulated, you will find the same base price across different insurers for the same engine capacity.
For 2026, the third-party liability premium for two-wheelers is determined by the IRDAI. Below is the standard third-party two-wheeler insurance rate chart for annual policies:
| Engine Capacity (CC) | 1-Year Third Party Premium (Approx.) |
|---|---|
Up to 75 cc | ₹538 |
75 cc to 150 cc | ₹714 |
150 cc to 350 cc | ₹1,366 |
Above 350 cc | ₹2,804 |
Knowing exactly what your policy does—and doesn't—do is the key to being a responsible owner.
Is the "cheapest" option always the best? Let's look at the trade-offs.
Choosing between these two is a balance of "legal minimum" vs. "total protection."
| Feature | Third-Party Policy | Comprehensive Policy |
|---|---|---|
Legal Compliance | Mandatory | Mandatory + Optional |
Own Damage | No | Yes |
Theft/Fire | No | Yes |
Cost | Low | Higher |
Add-ons | None | Available |
It is a long-term policy mandatory for new bikes, where you pay the two-wheeler third-party insurance premium for 5 years upfront.
Only third-party two-wheeler insurance is mandatory by law.
The main types are Third-Party, Standalone Own-Damage, and Comprehensive Bike Insurance.
Yes, if you already have a third-party policy, you can buy a "Standalone Own-Damage" cover to protect your own bike.
It is sufficient to meet legal goals, but for better protection against theft and accidents, a comprehensive plan is usually "worth it".
It is based strictly on the engine capacity (CC) of your bike, as regulated by the IRDAI.
Yes, an FIR is a compulsory requirement for any claim involving a third party.
Absolutely. You can easily get 2-wheeler third-party insurance online for a used vehicle by providing the previous owner's details and the RC.
You must inform the insurer immediately, file an FIR, and provide all necessary evidence and court notices to the insurer.
Generally, you cannot cancel a third-party policy unless you have proof of another active policy or the bike's registration is cancelled.
No, IDV only affects "Own Damage" premiums. It has no impact on the prices of 2-wheeler 3rd-party insurance.
Renew it immediately via online third-party bike insurance portals. You may need a quick digital inspection if the policy has lapsed for a long time.
Jio Insurance Broking Limited
IRDAI License No: 347,
Direct Broker (Life & General),
Valid upto: 11/03/2028
(Renewable)
(9.30 AM - 6.30 PM, Monday to Friday)
U67200MH2006PLC165651
1st Floor, Building - 4NA, Maker Maxity, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra - 400051
Discount is offered by the insurance company as approved by IRDAI for the product under file & use guidelines.
Insurance is a subject matter of the solicitation. For more details on policy terms, conditions, exclusions, limitations, please refer/read policy brochure carefully before concluding sale.
© 2026 Jio Insurance Broking Ltd. All rights reserved.
Jio Insurance Broking Limited
IRDAI License No: 347,
Direct Broker (Life & General),
Valid upto: 11/03/2028
(Renewable)
(9.30 AM - 6.30 PM, Monday to Friday)
U67200MH2006PLC165651
1st Floor, Building - 4NA, Maker Maxity, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra - 400051
Discount is offered by the insurance company as approved by IRDAI for the product under file & use guidelines.
Insurance is a subject matter of the solicitation. For more details on policy terms, conditions, exclusions, limitations, please refer/read policy brochure carefully before concluding sale.
Disclaimer: *Savings result from comparing the highest and lowest premiums for own damage coverage (excluding add-ons) offered by various insurers for the same vehicle, with identical IDV and NCB.
Copyright © 2026 Jio Insurance Broking Ltd.
