Consequences of not buying a Two Wheeler Insurance - Greyfont

Consequences of not buying a Two Wheeler Insurance


What happens when you do not buy two wheeler insurance is a ludicrous question to ask. It’s like what happens when you jump off the cliff without safety equipment or what happens if you jump in a river of crocodiles. All the above instances will have a catastrophic effect, same with riding your two wheeler sans the valid two wheeler insurance.


According to a recent study, it was found out that majority of two wheelers plying on Indian roads do not have a valid two wheeler insurance. Through this study, it is evident many people still are not aware of the importance of having a two wheeler insurance policy. It is still seen as an unnecessary expense and people are taking a huge risk by avoiding to have a valid two wheeler insurance.Let’s see the consequences that one can face and loss of benefits by not having a two wheeler insurance.



The penalties for driving without a valid two wheeler insurance can put you in some major trouble, some of the common punishments are as follows and may change from case to case.


  • Driving without a two wheeler insurance shall result in suspension of your driving license.
  • Your vehicle’s registration too shall be suspended.
  • As a penalty for driving without insurance, you would be charged a fine of Rs. 1000, and/or be imprisoned for 3 months.


Legal requirement

The government in order to make people realise the importance of having insurance has made it a mandatory requirement. In India, under the provisions of the Motor Vehicles Act, 1988, it is mandatory requirement for every vehicle to have a valid Insurance to drive on the road. Motor third-party insurance or third-party liability cover, which is sometimes also referred to as the 'act only' cover, is a statutory requirement under the Motor Vehicles Act. Any vehicle used for social, domestic and pleasure purpose should be insured.


Pay for loss on own damage

While you have the burden to pay losses to the third party what about your own losses. In an accident your own two wheeler will also suffer damage. If you have a comprehensive two wheeler insurance then the cost of such repairs are also covered. Without insurance you suffer more financial loss for repairing your own two wheeler. The high cost associated with the repair of your two wheeler can leave you in further financial strain.


Pay for losses and damages caused to third party or property

If you are involved in an unfortunate accident and unintentionally harm any person or property, you will be liable to pay for the loss incurred. This is known as third party liability. If you have a two wheeler insurance then you are covered for third party liability and you get coverage financially for the loss incurred. In absence of a valid insurance cover, the liability will be borne by you. In case if a person dies,  your liability will be very high and can leave you in deep trouble financially.


Loss of No Claim Bonus and add-on benefits

With all the comprehensive coverage and financial safety covered by a two wheeler insurance it also offers reward in the form of discount on renewal for not making claim during the policy term. This reward helps to reduce the cost of your insurance premium, thus making it a good deal. You can also enhance the protection of your insurance by purchasing add-ons like pillion rider cover, zero depreciation, road side assistance etc. These covers give you hassle free assistance in the time of need.


Without insurance you are losing out on all the benefits which are offered by an insurance policy. If you compare the cost of insurance with value of your life it is mere peanuts that you are paying to get the two wheeler insurance cover. So, be wise and do not buy insurance blindly but get an adequate cover for your two wheeler and enjoy riding it with peace of mind and pleasure.


    Need Help in choosing right product

ORplease reach out to us at (022) 4891 3051


Contact Us

We want to hear from you