The Ultimate Guide to Class 2+ Motorcycle Insurance in Thailand
Looking for the best Class 2+ motorcycle insurance policy in Thailand? You've come to the right place! At CheckDi, we offer comprehensive Class 2+ motorcycle insurance starting from just 3,500 baht annually. This guide will walk you through everything you need to know about Class 2+ motorcycle insurance in Thailand, from coverage details to how to apply and save money.
What is Class 2+ Motorcycle Insurance in Thailand?
Class 2+ Motorcycle Insurance, also known as Type 2+, is a mid-tier coverage option available in Thailand. It offers solid protection for your vehicle and liability coverage, though not as extensive as Class 1. It's commonly referred to as "Third-party, fire, and theft plus own damage" insurance and is the second most popular motorcycle insurance type in Thailand due to its balance of coverage and affordability.
What Does Class 2+ Motorcycle Insurance Cover?
What's Usually Covered
- Damage from vehicle-to-vehicle accidents
- Damage to your motorcycle from fire and theft
- Damage caused to others and their vehicles or property
- Third-party liability
- Personal injury
- Medical expenses
- Bail bond coverage
- Flood damage (depending on the policy)
What's Usually Not Covered
- Collision damage without a third party involved
- Negligence
- Wear and tear
- Invalid driving license
- Driving under the influence of alcohol or illegal drugs
- Damage to your own property
How Does Class 2+ Insurance Differ from Other Types?
Class 2+ motorcycle insurance strikes a balance between coverage and cost:
- Compared to Class 1: Class 1 offers the most comprehensive coverage, protecting against all types of accidents regardless of fault.
- Compared to Class 3 and 3+: These cover only third-party damages, with 3+ offering additional protection for your vehicle in vehicle-to-vehicle collisions.
How Much Does Class 2+ Motorcycle Insurance Cost in Thailand?
The cost of Class 2+ Motorcycle Insurance in Thailand can vary based on several factors:
- Motorcycle make, model, and year
- Location (province or city)
- Age of the rider
Our Class 2+ policies start at just 2,000 baht per year. While prices typically range from 2,000 THB to 15,000 THB, many Thai riders find Class 2+ Insurance to be a cost-effective option that provides essential coverage.
How to Get Cheaper Class 2+ Motorcycle Insurance in Thailand
Choose a Higher Excess or Deductible
Opting for a higher deductible can lower your premium, but ensure you can afford the out-of-pocket expense if you need to make a claim.
Opt for Garage Repairs
Garage repair plans are often significantly cheaper than dealership repairs and can sometimes provide equally good service.
Adjust Your Coverage Levels
Lowering your coverage will also lower your premium. However, be cautious not to compromise essential protection.
Named Driver Plans
Limiting the policy to no more than two named riders can often lower your insurance premium.
Maintain a Clean Riding Record
A clean riding record can help keep your renewal premium stable. Some insurers offer no-claims bonuses for accident-free years.
How to Apply for Class 2+ Motorcycle Insurance in Thailand
- Compare Plans & Premiums: Review and select the plan that best suits your needs.
- Apply: Apply through our website or contact our customer service team.
- Submit Documents: Provide the necessary documents:
- Copy of your Passport or Thai Driving License
- Copy of your Green book or Registration or Deed of Sale
- Get Covered: Once confirmed, your coverage starts immediately.
Special Coverage and Additional Extras
While Class 2+ insurance doesn't offer as many extras as Class 1, some providers may offer additional coverage options:
24/7 Roadside Assistance Cover
This may include services like towing, battery jump-starts, and lockout assistance.
Which Motorcycle Insurance Company is Good for Class 2+ Insurance?
All insurance companies listed on our website are carefully selected and proven reliable. For Class 2+ policies, we recommend choosing a company that can issue your policy immediately. Here's a list of top motorcycle insurance companies in Thailand for Class 2+ insurance:
- Viriyah Insurance Public Company Limited
- LMG Insurance Public Company Limited
- Thaivivat Insurance Public Company Limited
- Thai Paiboon Insurance Public Company Limited
- Ergo Insurance Thailand Public Company Limited
Frequently Asked Questions
Can I buy Class 2+ insurance for an electric motorcycle?
Yes, CheckDi offers Class 2+ insurance options for electric motorcycles. Contact our team for specific details and quotes.
How does Class 2+ insurance compare to Class 1 in terms of cost?
Class 2+ insurance is generally more affordable than Class 1, offering a balance between comprehensive coverage and cost-effectiveness.
Does Class 2+ insurance cover me if I ride in neighboring countries?
Coverage for international travel varies by policy. It's essential to check with your insurer and possibly purchase additional coverage for international rides.
How quickly can I get Class 2+ motorcycle insurance coverage?
With CheckDi, you can often get coverage immediately after completing the application process and making the necessary payment. However, some aspects of coverage may only become active after a motorcycle inspection.
Are there any restrictions on who can ride my motorcycle under a Class 2+ policy?
This depends on your specific policy. Some policies cover any rider with your permission, while others may restrict coverage to named riders. Always check your policy details.
Does Class 2+ insurance cover accessories or modifications I've made to my motorcycle?
Coverage for accessories and modifications can vary. It's important to declare any significant modifications to your insurer to ensure they're covered.
What happens if I miss a premium payment on my Class 2+ motorcycle insurance?
If you miss a payment, your coverage may lapse. Most insurers offer a grace period, but it's crucial to make your payments on time to maintain continuous coverage.
How does the claim process work for Class 2+ motorcycle insurance?
In the event of an accident, contact your insurer's emergency hotline immediately. They will guide you through the process, which typically involves submitting a claim form, providing documentation, and potentially having your motorcycle inspected.
Can I upgrade from Class 2+ to Class 1 insurance mid-policy?
Most insurers allow policy upgrades, but this often needs to be done at renewal time. Contact your insurance provider to discuss your options.
Does Class 2+ insurance cover theft of personal belongings from my motorcycle?
Coverage for personal belongings can vary by policy. Some Class 2+ policies may offer limited coverage, while others may not include this protection. Check your policy details or ask your insurer for clarification.
Remember, while Class 2+ Motorcycle Insurance offers a good balance of coverage and affordability in Thailand, it's important to choose a policy that meets your specific needs. Always read the policy details carefully and consult with an insurance professional if you have any questions.
