The difference between third party only and third party fire and theft
The policy is different from motorcycle insurance company to motorcycle insurance company. So always read the policy document carefully before you sign your motorcycle insurance premium. The difference between third party fire and theft and third party only are for example that the insurance company covers attempting theft, theft, emergency treatment, fire, explosion and lightning.
Choice of motorcycle insurance cover depends
There are some factors and circumstances that affects your level of insurance cover. The value of you motorcycle, driving history, your age and of course your budget. Remember to check the price difference between third party fire and theft and comprehensive cover. In some cases there are not that big difference between the prices.
Payable excess for your motorcycle insurance
The motorcycle insurance third party fire and theft got payable excess. Third party only don't have any payable excess because no claims to the motorcycle insurance company can be made. Usually the excess is $100 - 200 but check with your motorcycle insurance company to get the right information.
Third party fire and theft do not cover a passenger on your motorcycle
it is illegal to carry an uninsured passenger. Third party fire and theft insurance, cover other people's damages and injuries (third party). In case of a motorcycle accident. Your motorcycle insurance company will cover the third party if they can prove that the motorcycle accident was your fault. Sometimes the insurance company cover your passenger on you motorcycle for damages and injuries but be aware of cheaper motorcycle insurances where this is excluded from the policy. It's illegal to bring uninsured passenger on the motorcycle so read the insurance policy carefully.
The motorcycle insurance third party fire and theft don't cover your losses
What happens with you and your life if you were involved in a motorcycle accident? The third party will be covered and most of the time also your passenger on the motorcycle. How about you and your economy if you were injured so badly that you can't work anymore? You are always less protected on a motorcycle compared to a car. If you want a better motorcycle insurance cover, you should read our other articles about comprehensive motorcycle insurance cover.