Do motorcycles have third-party insurance?

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Motorcycles do have third-party insurance, which is the insurance you are required to purchase during the annual inspection. Introduction to motorcycle third-party insurance: Third-party liability insurance refers to a type of insurance where the insurance company compensates for property damage or personal injury caused to a third party due to the negligence of the insured. Third-party liability insurance is a mandatory insurance that plays a significant role in maintaining social stability, compensating for the losses of third parties, and alleviating the burden on the insured. Coverage of motorcycle third-party insurance: Taking third-party liability insurance as an example, as long as it is a qualified driver permitted by the insured, any personal injury or property damage caused to a third party while driving the insured vehicle is within the scope of compensation determined by the insurance company.