Understanding Third Party Only Motorbike Insurance
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| Understanding Third Party Only Motorbike Insurance |
Choosing the right motorbike insurance is essential for riders who want adequate protection while keeping costs low. This guide explains what third party only motorbike insurance is, what it covers, and how it can help you save money.
What Does Third Party Only Insurance Cover?
Third party only motorbike insurance covers damage you cause to other people or their property in an accident where you’re at fault. It’s the most basic—and usually the least expensive—type of motorcycle insurance because it doesn’t provide coverage for your own bike. Other available options include third party, fire and theft, and short-term policies.
What’s Not Included in Third Party Only Coverage?
Cost of Third Party Only Insurance
Although this policy offers less coverage, the savings may not be as substantial as you might expect. Insurers base premiums on your individual risk profile. In some cases, choosing third party only coverage can suggest to insurers that you may be less concerned about protecting your bike, which could increase your perceived risk.
Your premium may be affected by factors such as:
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The make and model of your motorcycle
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Your location
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Your riding experience and history
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Any no claims bonus (NCB) you’ve built up
Benefits of Third Party Only Policies
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No loss of NCB or excess if you’re hit by an uninsured driver
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24/7 claims reporting and assistance
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Discounts for members of motorcycle clubs or online forums
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Competitive rates for riders without a no claims bonus
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Coverage for riders with driving or criminal convictions
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Flexible payment options, including plans for 16-year-olds (with a guarantor)
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Free legal cover up to £100,000
Bikesure also offers a variety of optional extras to help you customise your policy to your individual needs.