Can I buy own-damage cover separately?

A standalone own-damage policy may be available subject to eligibility and valid third-party insurance.

HDFC ERGO Third-Party Two-Wheeler Insurance

Q: How is the premium determined?

The applicable premium depends on vehicle category and current regulatory tariff. Check the insurer quote for the exact amount.

HDFC ERGO Third-Party Two-Wheeler Insurance | Finzony

Third-Party Two-Wheeler Insurance Overview

HDFC ERGO Third-Party Two-Wheeler Insurance provides protection against covered legal liability arising from third-party injury, death or property damage involving the insured bike or scooter. Third-party motor insurance is generally mandatory for vehicles used on public roads in India. This policy does not cover damage to or theft of the insured two-wheeler itself.

Liability protection for covered third-party claims

Expert Review of Third-Party Two-Wheeler Insurance

Third-party-only insurance may suit riders looking for mandatory liability protection without own-damage cover. Compare the applicable premium and policy tenure, and ensure the registration and vehicle details are correct. If protection for your own bike or scooter is required, consider a comprehensive policy or eligible standalone own-damage cover alongside valid third-party insurance.

Pros

Provides mandatory third-party liability protection.
Generally costs less than a comprehensive policy because own-damage cover is excluded.
Covers eligible third-party liability claims under applicable law and policy terms.

Cons

Does not cover damage to your own bike or scooter.
Does not cover theft of the insured two-wheeler.
Does not provide comprehensive protection for your own vehicle.

About HDFC ERGO (Insurer Profile)

HDFC ERGO

Key Insights

Founded

2002

HDFC ERGO was established 24 years ago and has built strong credibility over time, backed by its long-standing presence in the market.

Claims Experience

98.5% CSR, calculated as a 3-year average

HDFC ERGO settles 98.5% of all claims it receives, demonstrating strong credibility.

Contact Details

1800-2677-444

Headquarters: 6th Floor, Leela Business Park, Andheri - Kurla Rd, Marol, Andheri East, Mumbai, Maharashtra – 400059

Third-Party Two-Wheeler Insurance Features and Benefits

Third-party bodily injury

Covers eligible legal liability for third-party bodily injury arising from an insured incident.

Applicable law and policy terms govern claims.

Third-party death liability

Provides protection for eligible third-party death liability under applicable law.

Claim assessment and legal conditions apply.

Third-party property damage

Covers eligible liability for third-party property damage within applicable limits.

Check the current policy wording for limits.

Legal compliance

Helps meet the requirement to maintain valid third-party motor insurance for road use.

Keep the policy valid and vehicle details accurate.

Own-vehicle accident damage

Damage to the insured bike or scooter is not covered by third-party-only insurance.

A separate eligible own-damage policy is needed.

Theft of insured vehicle

Theft of the insured two-wheeler is not covered under third-party-only insurance.

Consider own-damage cover for eligible theft claims.

What Third-Party Two-Wheeler Insurance Does Not Cover (Exclusions)

Conditions or treatments that the policy clearly says it will not cover.

Damage to the insured two-wheeler itself is outside third-party-only cover.
Claims outside the insured third-party liability scope are not covered.
Policy-specific exclusions and breaches may affect claim admissibility.

Disclaimer: For illustration purposes only - exact terms are in the policy wording.

What's missing in Third-Party Two-Wheeler Insurance

Own-damage protection must be arranged separately if required.
Theft protection for your own vehicle is not included.
Own-vehicle repair costs after an accident remain your responsibility without own-damage cover.

Insurer

HDFC ERGO plans and claim process

Third-Party Two-Wheeler Insurance FAQs

What does third-party two-wheeler insurance cover?

It covers eligible legal liability for third-party injury, death and property damage, subject to applicable law and policy terms.

Does it cover damage to my own bike?

No. Damage to your own bike or scooter is not covered by third-party-only insurance.

Is third-party bike insurance mandatory in India?

Third-party motor insurance is generally legally required for a two-wheeler used on public roads in India.

How is the premium determined?

Disclaimer: Premium amounts are indicative and may vary based on age, health, and plan selected. Claim settlement ratios are from IRDAI Annual Reports. Finzony is not an insurance broker or agent. Verify all details on the official HDFC ERGO website before purchasing.