What Insurance Should I Buy for a Motorcycle?

1 Answers
MacBradley
07/29/25 5:31pm
For motorcycle insurance, common options include compulsory traffic insurance, motorcycle damage insurance, third-party liability insurance, theft insurance, passenger seat liability insurance, spontaneous combustion insurance, and scratch insurance. Compulsory Traffic Insurance: This refers to an insurance policy where, in the event of a road traffic accident caused by the insured motorcycle resulting in personal injury, death, or property damage to victims (excluding the driver and passengers of the insured vehicle and the policyholder), the insurance company provides compensation within the liability limits. Third-Party Liability Insurance: As for motorcycle third-party liability insurance, it refers to a situation where the insured or an authorized driver causes an accident while using the insured motorcycle, resulting in personal injury, death, or direct property damage to a third party, for which the insurer is required to provide financial compensation.
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