What Insurance Should I Buy for a Motorcycle?
2 Answers
For motorcycle insurance, common types include compulsory traffic insurance, motorcycle damage insurance, third-party liability insurance, theft insurance, passenger seat liability insurance, spontaneous combustion insurance, and scratch insurance. Below are the relevant details: Introduction 1: The compulsory insurance mandated by the state is compulsory traffic insurance. For motorcycles, if you want to ride on the road, you must purchase compulsory traffic insurance, so owners need to insure their motorcycles promptly. Introduction 2: Motorcycle damage insurance refers to compensation provided by the insurer according to the insurance contract when the insured motorcycle suffers damage due to natural disasters (excluding earthquakes) or accidents covered under the insurance policy. Introduction 3: In the past, most local governments listed third-party liability insurance as compulsory insurance. Without this insurance, motor vehicles could not be registered or undergo annual inspections. After the introduction of compulsory traffic insurance (abbreviated as CTI), third-party liability insurance has become non-compulsory.
When I first started riding motorcycles, I was completely confused about buying insurance. Later, I learned that basic compulsory liability insurance (commonly known as compulsory traffic insurance) is mandatory, as required by the government. It covers others' losses, such as medical expenses or vehicle repair costs, in case you are at fault in an accident, preventing you from paying out of pocket. I also recommend adding third-party liability insurance to cover higher compensation costs for accidents, avoiding financial ruin. Beginners shouldn’t impulsively opt for comprehensive insurance—it’s too expensive. First, assess your riding habits. For example, if you only commute in the city, theft insurance isn’t urgent, but long-distance riders should consider personal accident insurance more carefully. Consult dealerships or insurance companies—they can recommend packages based on your budget and location. Don’t miss online comparison tools; they can save you money. Remember to review your policy regularly to adapt to regulatory changes and your own growth.
