Unless you go to a partner hospital, insurance providers need a medical receipt for reimbursement.ģrd Party Personal Injury – As long as the injury is caused by a car accident, all types of insurance, including compulsory motorbike insurance, or CTPL, require 3rd Party Personal Injury coverage. It’s even lower if you’re the one that caused the accident. Regardless of the type of insurance you use, the coverage amount is likely to be identical. Medical Expenses – incurred as a result of traffic accidents are covered by all types of insurance. Hitting a wall or a dog, scratching a structure, falling into a tree, and so on are examples of this. The premium varies depending on your insurance plan. You will, however, be required to pay an additional fee of at least 1,000 baht. One-party Accidents – Accidents that occur without the involvement of a third party are only covered by Type 1 insurance. It would bear the cost of fixing your car as long as the damage was caused by colliding with another vehicle. Theft – If your car is stolen as a result of your own mistake, such as failing to lock it, parking it in an unsafe location, or embezzling it, you might not be covered by theft insurance coverage.Ĭollision – this coverage is usually included with Type 1, 2+, and 3+ insurance. This form of protection is only available with Type 1 and Type 2 or 2+ insurance. Insurers, on the other hand, can refuse your claim if you intentionally drive through flooded areas. You are safe if you park your car in an area that is unexpectedly flooded. These are the basic coverage that motorbike insurance mostly offers.įire and Flood – Flood damage can only be reported when it is not your fault. However, Type 3 insurance is not currently available for motorbikes. Many Thais use it to sell their old or low-value vehicles. Type 3 motorbike insurance – This is a simple private insurance policy that only covers medical costs and liabilities to third parties. The key difference between Types 2+ and 3+ is that Type 3+ is not covered against theft, fire, flood, or terrorism.ĥ. Type 3+ motorbike insurance – Type 3+ insurance includes the requisite compensation for traffic accidents, collisions, and third-party property damage. However, this is not currently available.Ĥ. As a result, most people prefer Type 2+ insurance to Type 2. Type 2 motorbike insurance – Type 2 insurance is similar to Type 2+ insurance in terms of cost, but it does not cover accidents. Furthermore, Type 1 insurance sends the bike to official garages for repairs, while Type 2+ insurance sends it to independent garages.ģ. Type 2+ motorbike insurance in Thailand is the second most expensive choice. Type 2+ motorbike insurance – Its coverage is identical to Type 1 insurance, but it excludes incidents with no third parties. However, an older car will still be allowed if it has a clean driving record and no significant incidents.Ģ. It’s also the only type of insurance that covers an accident that doesn’t involve a third party.Ī motorbike that is less than seven years old is usually eligible for this type of insurance. It should protect you from all types of accidents and problems. It has the most comprehensive coverage and is also the most costly. Type 1 motorbike insurance – It is specifically for big bikes or motorbikes with engines greater than 250cc. Five Types of Private Motorbike Insurance in Thailandįor your motorbike, you can choose from a variety of insurance options.ġ.
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