Where to Buy Third-Party Liability Insurance for Motorcycles?
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Motorcycle third-party liability insurance needs to be purchased from a professional insurance company. Below are the specific details about motorcycle third-party liability insurance: 1. Definition: Third-party liability insurance refers to the situation where an accident caused by a qualified driver permitted by the policyholder while using the insured vehicle results in bodily injury, death, or direct property loss to a third party. The insurer will compensate according to the relevant provisions in the insurance contract for the amount the policyholder is legally obligated to pay. 2. Notes: After a trailer is insured, it is considered as one with the main vehicle. This means both the main vehicle and the trailer must be covered by third-party liability insurance, and the main vehicle must be towing the trailer. Regardless of whether the liability arises from the trailer, it is deemed to arise from the main vehicle. The insurer's total liability for third-party liability insurance is limited to the compensation limit of the main vehicle.