The Cost Of Insuring Your Motorbike

There is a lot of different motorcycle insurance available on the market, offered at varying prices with varying types of coverage. It really depends on your needs as well as how much money you’re willing to shell out to get covered.

The cost of insuring a motorcycle varies from one motorbike policy to another. This is because different companies offer different kinds of coverage. 

For example, some of them will not include coverage for motorcycle parts and repair in their policy. On the other hand, there are some insurance companies that will include motorcycle parts and repair within their coverage. This means that you will have to pay a slightly higher premium for their service but this will be beneficial in the long run since you will be covered in the event of any accident that damages your motorcycle.

Type Of Payment

The type of payment you have to make also has a direct relationship with the amount of your coverage. There are some motorbike insurance companies that will allow you to choose the method by which you will be paid for your coverage. While others will only pay on a monthly basis. If you want to have a policy that allows you to have maximum flexibility, it is better to get an annual coverage policy instead of getting a single-year policy.


Choosing the right Thailand motorbike insurance coverage is not as hard as you may think. All you need to do is conduct sufficient research to obtain the best policy available at the right price. It really helps to be aware of the motorbike insurance cost Thailand offers and to decide on a budget, so as not to be overwhelmed. There are many companies that offer coverage for motorcycles in Thailand and the prices for these policies vary according to the type of coverage you are looking for. It’s always a good idea to compare quotes from several of these companies before deciding on the right kind of coverage for your motorcycle.

What Kind Of Coverage Do You Need?

The first thing you need to do when looking for Thailand motorbike insurance is to know what kind of coverage you will need. When it comes to Thailand motorbike insurance, there are two types of policies you can take out – fully comprehensive and third-party. 

A. Full Coverage Policy

Fully comprehensive coverage policies cover your motorcycle in the case of any of these events – theft, accident or collision. A full coverage policy gives you the kind of coverage you need in case you get into an accident and your motorcycle is damaged. 

A fully comprehensive insurance coverage policy will cover all kinds of damages to your motorcycle including repairs for damage done to your motorcycle due to fire, accidents, collision with other vehicles, vandalism and theft. It also will cover all medical expenses and funeral expenses incurred in case you are involved in an accident.

B. The Third-Party Policy

If you are just starting out with your motorcycle, or are a complete novice, then you should start with a standard third-party policy. This policy will cover you if your motorcycle gets stolen or is damaged due to a collision with another vehicle. Third-party coverage provides you only with financial protection against third-party damages, or in the event that your motorcycle causes an accident that was caused by the negligence or fault of someone else. 

Most of the time, this kind of policy also does not cover the expenses for vehicle rental if the accident happened at the roadside. In the event that you want to have this kind of insurance coverage, you have to purchase it through a third-party insurance company.

While both types of coverage policy provide you with financial cover, the kind of coverage policy that is preferred by most motorcycle riders is the third-party insurance. This policy covers you only in the event that your motorcycle causes an accident.