What Happens When You Don't Buy Two-Wheeler Insurance in India

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Third-Party Liability Insurance: This is the minimum insurance coverage required by law. It covers damages and injuries to a third party involved in an accident with your two-wheeler. It does not cover damages to your vehicle.

2. Comprehensive Two-Wheeler Insurance: While not legally required, comprehensive insurance is highly recommended. It not only covers third-party liability but also provides coverage for damages to your own vehicle in case of accidents, theft, natural disasters, and more.

Now, let's explore the consequences of not buying two-wheeler insurance in India. 1. Penalties and Fines: If you're caught riding a two-wheeler without valid insurance, you can face hefty fines and penalties.

The fine for not having valid insurance can range from a few thousand rupees to more substantial amounts, depending on the severity of the offense and the discretion of the authorities. 2. Legal Hassles: Not having valid two-wheeler insurance can lead to legal complications, including potential court cases and legal proceedings.

In case of accidents, you might have to bear the entire financial burden, including damages to the third party. 1. Out-of-Pocket Expenses: Without two-wheeler insurance, you are responsible for covering the entire cost of repairs and damages to your vehicle in case of accidents, theft, or natural calamities.

This can be a significant financial burden, especially in the case of major accidents. 2. No Claim Bonus (NCB) Loss: One of the essential features of comprehensive two-wheeler insurance is the No Claim Bonus (NCB).