As per the law yes third party insurance is enough.

Is third-party insurance enough in india. Third-party insurance is a type of insurance cover that shields you from any type of financial loss if you damage any third party property in an accident. The basic conditions of insurance will remain the same. In India motor third-party insurance or motor third party liability is a mandatory requirement as per the Motor Vehicles Act 1988.

In the Indian context automobile dealers arrange for a comprehensive insurance cover along with vehicle registration. NoThird party two wheeler insurance is mandatory for all bike owners in India. However whether or not it is enough for your needs depends on what kind of protection you expect from the insurance policy.

Two Types Of Automobile Third-Party Coverage Are 1 Bodily injury liability cover costs resulting from injuries to a person. Even if they want they drop it at the thought of. Therefore it is better not to avoid taking a third party two wheeler insurance policy and get it renewed before expiry.

A third party car insurance policy provides the most basic coverage and is more affordable as compared to a comprehensive plan. Any financial obligation sustained by valid policyholders due to death and disability of third party are covered in the policy. The third-party rates are always fixed by Insurance Regulatory and Development Authority of India Irdai.

All third-party insurance premiums are regulated by IRDAI making the premium rates attractive and affordable. Driving a car without a valid third party car insurance policy is a criminal offense punishable with a fine of Rs. In India third party insurance is a mandatory cover without which one cant drive hisher vehicle on the roads.

As per the rules no vehicle can run on the road without TP insurance. Riding a bike without a third party bike insurance is a punishable offence. With a valid policy you can legally ridedrive your vehicle on Indian roads.