For most Indians, a two-wheeler is still the first vehicle they own in their lifetime before migrating to a car. With the plethora of options available in the market, from high-end sports bikes to the basic moped, two-wheeler use is on the rise. Yet, according to recent Government findings, 75 per cent of the two-wheelers on Indian roads are not insured, despite this being mandatory under the law.
Here are details of the types of two-wheeler insurance available in the market that should propel you to take a safer ride on the road and shield your vehicle from unwanted expenses.
Standard cover
All motor insurance companies in India provide standardised, default insurance cover. This includes the mandatory third-party cover that indemnifies the insured from third-party liabilities in case of damages or death.
