April 17, 2024
What are the types of insurance for motorbike in Thailand?

Thailand has basically two types of insurance for motorbikes. A big bike is a motorcycle that is larger than the norm. It might be equipped with an engine that is larger than 150 cc. All motor vehicles in Thailand are required to obtain Compulsory Motor Insurance, also referred to as “Por Ror Bor.” These motorcycles are not an exception. For further security, people may choose to purchase extra motorbike insurance. Well, to get the best Motorbike insurance in Thailand .

Type 1 and type 2

In the event of an accident, fire, theft, or natural disaster, Type 1 Car Insurance in Thailand provides comprehensive insurance coverage for damages to the insured car regardless of responsibility. In cases when the driver is at fault, it also offers coverage for liability to third parties for property damage, bodily injury, and damages to car windscreens. A Type 1 insurance policy will also cover the driver’s medical costs, personal accident insurance, and jail bond insurance if the insured or the driver consents to these terms in accordance with the terms of the auto insurance policy. Compared to newer cars, a new car that is less than five years old is more likely to require more costly repairs in the event that it is damaged or stolen. The driver must be knowledgeable on how to handle or run a brand-new car. The danger level and potential high repair costs for new cars are increased by all of this.

What are the types of insurance for motorbike in Thailand?

Regardless of the vehicle they drive, inexperienced drivers are more likely to be in a car accident. The best course of action for brand-new drivers is to buy Car Insurance Type 1 in order to safeguard themselves from hefty costs brought on by costly errors they might make while learning to drive.

The driver and the vehicle itself are not alone responsible for the hazard posed by each vehicle. The use of the car will also vary over time. If the vehicle is routinely used for long-distance travel or everyday commuting, the danger factor increases. Although the insurance coverage is slightly different, Type 2+ automobile insurance in Thailand provides slightly more coverage than Type 1 at a lower rate. Type 2+ covers damage to the insured car whether or not another recognised vehicle was at fault for the collision. It also covers damage from theft, water, and fire, as well as responsibility to third parties (including property damage and bodily harm).