The Ultimate Guide to Class 3+ Motorcycle Insurance in Thailand
Looking for the best Class 3+ motorcycle insurance policy in Thailand? You've come to the right place! At CheckDi, we offer comprehensive Class 3+ motorcycle insurance starting from just 3,500 baht annually. This guide will walk you through everything you need to know about Class 3+ motorcycle insurance in Thailand, from coverage details to how to apply and save money.
What is Class 3+ Motorcycle Insurance in Thailand?
Class 3+ Motorcycle Insurance, also known as Type 3+, is a mid-level coverage option available in Thailand. It provides good protection for your vehicle and liability coverage, though not as comprehensive as Type 1 or Type 2+. It's often referred to as "Third-party plus vehicle-to-vehicle damage" insurance and is a popular choice for those seeking a balance between coverage and affordability.
What Does Class 3+ Motorcycle Insurance Cover?
What's Usually Covered
- Damage from vehicle-to-vehicle accidents
- Damage caused to others and their vehicles or property (third-party liability)
- Personal injury
- Medical expenses
- Bail bond coverage
- Personal accident coverage (to a limited extent)
- Damages to windscreen (when involving a third party)
What's Usually Not Covered
- Other collision damage without a third party involved
- Fire damage
- Theft
- Flood damage
- Driving under the influence of alcohol or illegal drugs
- Damage to your own property
How Does Class 3+ Insurance Differ from Other Types?
Class 3+ motorcycle insurance offers a balance between coverage and cost:
- Compared to Class 1: Class 1 offers the most comprehensive coverage, protecting against all types of accidents, theft, and natural disasters.
- Compared to Class 2+: Class 2+ includes additional coverage for fire and theft.
- Compared to Class 3: Class 3 only covers third-party damages, while 3+ also protects your vehicle in vehicle-to-vehicle collisions.
How Much Does Class 3+ Motorcycle Insurance Cost in Thailand?
The cost of Class 3+ 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 3+ 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 3+ Insurance to be a cost-effective option that provides essential coverage.
How to Get Cheaper Class 3+ 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.
Special Coverage and Additional Extras
While Class 3+ 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.
Replacement Motorcycle
Some policies may provide a temporary motorcycle while yours is being repaired.
How to Apply for Class 3+ 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 for third-party liability and vehicle-to-vehicle collisions.
Which Motorcycle Insurance Company is Good for Class 3+ Insurance?
All insurance companies listed on our website are carefully selected and proven reliable. For Class 3+ 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 3+ 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
How to claim for Class 3+ Motorcycle insurance?
If you need to make a claim: 1. Ensure safety and document the incident. 2. Contact your insurer's emergency hotline immediately. 3. Provide your policy number and incident details. 4. Follow their instructions for submitting claim forms and supporting documents. 5. Cooperate with the claims adjuster during their inspection. 6. Await claim approval from your insurer.
What's the difference between Class 3 and Class 3+ Motorcycle insurance?
Class 3 insurance only covers third-party liabilities, while Class 3+ also includes coverage for your own motorcycle in case of collisions with other vehicles.
Can I add extra coverage to my Class 3+ policy?
Yes, many insurers offer add-ons to Class 3+ policies. Common options include personal accident coverage, bail bond coverage, and sometimes limited protection against theft.
Is Class 3+ insurance suitable for new motorcycles?
While Class 3+ offers more protection than basic Class 3 insurance, it may not provide sufficient coverage for brand-new or high-value motorcycles. For these, Class 1 or Class 2+ insurance might be more appropriate.
How often should I renew my Class 3+ Motorcycle insurance?
Motorcycle insurance in Thailand is typically renewed annually. It's important to renew before your current policy expires to ensure continuous coverage.
Can I buy Class 3+ insurance for an electric motorcycle?
Yes, CheckDi offers Class 3+ insurance options for electric motorcycles. Contact our team for specific details and quotes tailored to EV needs.
Does Class 3+ 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 3+ motorcycle insurance coverage?
With CheckDi, you can often get coverage immediately after completing the application process and making the necessary payment.
Are there any restrictions on who can ride my motorcycle under a Class 3+ 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.
What happens if I miss a premium payment on my Class 3+ 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.
Remember, while Class 3+ 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.
