Motorcycle Insurance

The differences between Motorcycle Insurance and Car Insurance?

Motorcycle Insurance is similar to Car Insurance in term of category structure which consist Type 1 , Type 2+ and Type 3+. The premium rate of Motorcycle Insurance starts lower though from only 1,xxx THB.

Who needs Motorcycle Insurance?

You need Motorcycle Insurance to cover for your own injuries and the victims. Whether you are a new driver or a driver with over 10 years of experience on the road, you still need Motorcycle Insurance to protect you in terms of financial security for any damages incurred. Selected plan may provide different coverages.

Age requirements of Motorcycle Insurance

Motorcycles older than 10 years cannot be insured.

What is the difference between Type 2+ Motorcycle Insurance and Type 3+ Motorcycle Insurance

The main difference between Type 2+ and Type 3+ is that Type 2+ Insurance has higher premium rates but also provides a more extensive coverage which is only applicable for less than 5 years old motorcycles. Type 3+ Insurance can be applicable for less than 10 years old motorcycles and does not cover in cases of robbery.

Does Compulsory Motor Insurance give you enough protection?

Even if you barely ride your motorcycle, the coverage from Compulsory Motor Insurance might not be sufficient for you. In most cases Voluntary Motorcycle Insurance will guarantee full coverage on the road and provide significantly higher coverage in case of injuries and property damage liability coverage. Voluntary Motorcycle Insurance also cover any passenger who are involved in the accident as well.

How to claim Motorcycle Insurance?

It’s simple to claim your Motorcycle policy. Just contact your insurer as soon as incident occurs or in 24 hours after incident. In case of lost or stolen, Copy of Police Notice and car registration documents might be requested from your insurance company at the beginning of claiming process.