Insurance companies have various products to suit different kinds of requirements. In two-wheeler insurance, they have two options to suit riders’ varied budgets and requirements.

The two main types of two-wheeler insurance available in India:

1. Liability-only insurance

2. Comprehensive insurance

Liability-only insurance is also known as third-party liability insurance and offers protection to the insured vehicle from legal liabilities to a third party, in case of an accident.

Comprehensive insurance, in contrast, provides complete protection for a rider as well as the insured vehicle in case an accident occurs. It covers the owner and the co-rider (included as an add-on) through personal accident cover, and hence, it is called comprehensive insurance.