Is There Third-Party Insurance for Motorcycles?

[VonTucker]

Motorcycles have third-party liability insurance. Introduction to Vehicle Damage Insurance: Vehicle damage insurance compensates for losses in single-vehicle accidents but does not cover losses from broken glass alone. For losses incurred while parked, if the responsible party cannot be found, 30% of the loss is compensated. In collision accidents, compensation is based on the proportion of liability, and the price increases with the purchase price of the vehicle. Introduction to Third-Party Insurance: The coverage of third-party insurance is similar to compulsory traffic insurance, but compensation is only provided after compulsory traffic insurance has been exhausted. Compensation is based on the proportion of liability in the accident, and the premium price corresponds to the insured amount.