Motorcycle Insurance in Thailand

Motorcycle Insurance

Motorcycle insurance, three main groups;
1. Compulsory insurance, CTPL; Minimal cover required to legal on the road in Thailand. Provides up to 50,000 Baht medical cover and 200,000 Bt. death/disability compensation to third parties involved in accidents. Does not keep you out of Jail or pay for damages to other vehicles. (Premiums range from approximately 300 to 650 Bt.)
2. Third party only, pays for compensation and medical expenses (Up to 200,000 Bt. per person) to others and damages to property/vehicles. This policy includes a Bail Bond if the driver accidentally kills another person or seriously injures them. (Premiums range between 2,500 Bt. to 3,500 Bt.).
3. Fully comprehensive, First class; Pays for everything, including the repair costs for damages to your own vehicle. (Premiums depend on the value of the motorcycle insured).

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