Stunning Thailand is one of those fantastic locations that lends itself perfectly to solo exploration and self-guided travel. Whether using a scooter or motorbike to investigate idyllic beaches or embarking on a more adventurous long-distance journey by car, riding and driving are superb options in Thailand.
However, this freedom and convenience do not come without their inherent risks. Thailand has a poor record of road safety, and accidents are commonplace. Protecting ourselves with motor vehicle insurance in Thailand is critical to prevent unexpected legal and financial difficulties.
Overview of Motor Vehicle Insurance Options
There are two main types of motor vehicle insurance in Thailand. Both are provided by General Insurance Companies, but there are some key differences between them, namely:
Compulsory Third-Party Liability Insurance (or Por Ror Bor in Thai)
This basic type of motor insurance is a legal requirement for all registered vehicles, providing coverage for bodily injuries and death resulting from road accidents. Driving without ‘Por Ror Bor’ can expose drivers to legal penalties and financial liabilities, as follows:
- Fines and legal consequences
Drivers caught without valid compulsory motor insurance may face fines and penalties. Repeat offenders typically face escalating consequences.
- Financial liability
If you are responsible for causing an accident without appropriate vehicle motor insurance, you may be held accountable for any associated damages, medical expenses, and compensation. These can represent a significant financial burden.
- Loss of legal protections
Without the legal protections provided by motor vehicle insurance, at-fault drivers may be exposed to legal disputes and lawsuits.
Voluntary Motor Insurance
This option includes various levels of coverage, ranging from basic third-party liability to comprehensive plans that cover theft, fire, and natural disasters. Voluntary insurance policies also tend to offer better protection and more professional assistance in case of accidents. This is especially true if you partner with a trusted, creditable company like BSI Insurance Broker.
A Closer Look at Comprehensive Motor Insurance
Comprehensive motor insurance provides maximum coverage that typically includes:
- Accidents
Damage to your vehicle, regardless of fault
- Third-party liability
Injuries or damages caused to others
- Theft
Vehicle theft/attempted theft
- Fire and natural disasters
Protection against natural calamities
- Medical expenses
Hospital bills for the driver and passengers
- Roadside assistance
Towing and emergency services
Why Car and Motor Bike Insurance are Critical in Thailand
As visitors to the region, travellers are at a significant disadvantage in any situation where an accident occurs, as the language barrier can work against them. Expats and visitors who wish to drive in Thailand must protect themselves against this scenario, and comprehensive motorbike or car insurance is crucial.
The Bottom Line for Motor Insurance in Thailand
To protect yourself and your vehicle against the unexpected, speak with your friendly representatives at BSI Insurance Broker and let us prepare comprehensive motor vehicle insurance quotes that take the stress out of driving, allowing you to enjoy this wonderful location.
