A Short Informative Guide to Third Party Bike Insurance
When you purchase a bike, it is the first act you should perform, and the Motor Vehicles Act warrants it too. We are referring to third party two wheeler insurance.
To drive an uninsured bike is wrong on legal terms, not to mention a big safety hazard.
Third party insurance for bike is mandatory when owning an automobile.
Here are a few points to keep in mind:
What Is It?
What Are Its Features?
What Are Its Advantages?
What Are The Present Rates?
As of April 1, 2017, the rates stand at:
|Engine Capacity||Premium Rate|
|Not Exceeding 75cc||INR 569|
|Exceeding 75cc but less than 150cc||INR 720|
|Exceeding 150c but less than 350cc||INR 970|
|Exceeding 350cc||INR 1,114|