When it comes to motorcycle insurance, there are three different types of coverage to choose from - third party, third party, fire and theft, as well as fully comprehensive.

Third-party only (TPO) insurance, is the lowest level of coverage legally required for your motorcycle or scooter as well as tending to be the least expensive. With that being said, in this blog, we are going to be running down everything regarding TPO insurance, including going through the considerations to take before taking out a policy, how it works, as well as what it covers.

So without further ado - let’s get into it, shall we?

What is third-party only insurance?

Third-party motorcycle insurance is the least inclusive insurance coverage type you can get for your bike. Typically people will opt for this level of cover as it is usually the cheapest and an option to consider for those who own a lower-value bike or tend to use their bike less frequently.

What are some examples of third-party motorcycle claims?

Typical third-party insurance claims include:

  • Damage to a third-party vehicle
  • Injury to the third party themselves

What third party only motorcycle insurance covers

Third-party only insurance will only cover you for the damage you do to someone else (the third party). In the event of an accident, if your bike gets damaged, under third party only insurance you will not be covered for the cost and will be paying for any repair work to be done out of pocket.

What does it not cover?

Third-party only insurance does not cover you for:

  • Damage to your own bike
  • If your motorbike is stolen or vandalised
  • Any medical treatments for your injuries

Difference between TPO and third party, fire and theft

Third-party Only insurance is the minimum legal requirement for using a vehicle on the road in the UK and covers any damage you may cause to a person or property. Third Party, Fire, and Theft includes Third Party cover but also allows you to claim off your own policy should your vehicle be stolen, or damaged as a result of fire.

Is third-party insurance enough for a motorbike?

When deciding your level of cover, you know you must have TPO as a minimum. The next step should be to establish whether your bike is worth more than a combination of both your premium and your excess. There would be little value in having TPFT if the policy costs £500, and your excess is £250, but your bike is only valued at £600. This is because when you claim your excess will need to be paid prior to the claim or will be deducted from your claim cost.

What’s the right motorbike insurance cover for me?

So there you have it, I hope you enjoyed our guide on third party only motorcycle insurance!

It is worth noting that the level of insurance coverage that is right for you will depend entirely on your needs as well as how you plan to ride, as well as how frequently you plan to ride - there is no set-in-stone right or wrong answer.

If you are looking for motorcycle insurance, make sure to get an insurance quotation direct with Lexham via our online quote form, or by calling us on 01379 646 529.