# Bike insurance in Pakistan: third party vs comprehensive, and who sells it

URL: https://which.pk/money/guides/bike-insurance-pakistan/
Author: Hassam
Updated: 16 Oct 2026

## Summary

Bike insurance in Pakistan comes as third-party cover, which pays for harm you cause to others, or comprehensive cover, which also pays for theft and damage to your own bike. TPL says its bike plans start from Rs 2,500 a year, and Meezan Bank adds a 5% a year takaful charge on Apni Bike financing, as of October 2026. Sindh's 2026 third-party rule exempts motorcycles. Deductibles of 10% to 15% mean small claims are often not worth filing.

## Key facts

- TPL bike plans: From Rs 2,500 a year
- Meezan bike takaful: 5% a year
- Sindh 2026 rule: Motorcycles exempt
- Claim payment limit: 90 days

Bike insurance in Pakistan comes in two kinds. **Third-party cover** pays for injury, death or damage you cause to other people. **Comprehensive cover** also pays when your own bike is stolen, snatched or damaged. TPL Insurance says its bike plans start from **Rs 2,500 a year**, and Meezan Bank adds a **5% a year** takaful charge on its bike financing, as of October 2026.

**Meezan Apni Bike takaful:** 5% a year (Mandatory on the 0% plan, optional on the standard plan. Meezan does not say what the 5% is charged on. 16 Oct 2026)

## Is bike insurance mandatory in Pakistan?

On paper, yes. Section 94 of the saved Chapter VIII of the Motor Vehicles Act 1939 requires valid insurance for motor vehicles used in public places. The West Pakistan Motor Vehicles Ordinance 1965 lets registration authorities suspend the registration of an uninsured vehicle.

In practice, few vehicles are insured. An SECP (Securities and Exchange Commission of Pakistan) report found only **2.77%** of about 3 crore registered vehicles insured, as of August 2023. About 2.3 crore of those vehicles were motorcycles.

Sindh's 2026 amendment to its motor vehicles law requires third-party cover, but **motorcycles are exempt**. The new section 67-H blocks registration, transfer and token tax without a policy for any vehicle "except two wheelers or motorcycles". Dawn's report of 8 Mar 2026 described the rule as covering "all vehicles"; we follow the Act's text. For the cost of keeping a bike on the road, see [token tax in Punjab](/money/guides/token-tax-punjab/).

## What is the difference between third-party and comprehensive bike insurance?

| | Third party | Comprehensive |
|---|---|---|
| Injury or death of others | Yes | Yes |
| Damage to other people's property | Depends on the policy | Yes |
| Accident damage to your bike | No | Yes |
| Theft or snatching | No | Yes |
| Fire, flood, storm, earthquake | No | Yes |
| Riot, strike, malicious damage | No | Yes |
| Wear and tear, breakdown | No | No |

The comprehensive column comes from the motorcycle policies of EFU General and Pak-Qatar General Takaful, as of October 2026. EFU also lists third-party, third-party property damage and theft/own damage as separate motor covers, so check which one you are buying.

Some insurers sell a middle option. TPL's **Smart Ride** covers only **theft and total loss**. Its **Smart Ride Plus** adds accident damage and third-party liability.

## How much does bike insurance cost in Pakistan?

Few insurers publish bike prices. These are the figures we could confirm on insurer and bank sites:

| Seller | What it says | Date |
|---|---|---|
| TPL Insurance | Bike plans "starting from" Rs 2,500 a year | July 2025 blog |
| Meezan Bank (Apni Bike) | Takaful charge of 5% a year; mandatory on the 0% plan, optional on the standard plan | 16 Oct 2026 |

TPL's figure is a starting price, so your quote depends on the bike and the plan. Meezan's 5% applies only if you finance the bike through Apni Bike: see [bike on installment](/money/guides/bike-on-installment/) for the full cost of that plan.

We saw other bike prices on agent blogs, but could not confirm them on any insurer's own site, so we leave them out. Ask for a written quote that names the sum insured, the deductible and what is excluded.

## Which companies sell bike insurance in Pakistan?

We don't rank insurers. These are the ones whose motorcycle products we could open and read, as of October 2026:

| Insurer | Product | Type | Buy online? |
|---|---|---|---|
| TPL Insurance | Smart Ride, Smart Ride Plus | Conventional | Yes, app and website |
| EFU General | Motorcycle Comprehensive | Conventional | Not shown |
| Pak-Qatar General Takaful | Motorcycle Comprehensive Takaful | Takaful | Not shown |
| Meezan Bank | Takaful with Apni Bike financing | Takaful (bank-arranged) | Only with financing |

Salaam Takaful and Jubilee General list bike products, but their pages did not load for us, so we couldn't check the cover. For insurer financial strength ratings, see [car insurance companies compared](/money/guides/car-insurance-companies-pakistan/).

To buy, EFU asks for your **registration copy and CNIC**, and the policy must be in the registered owner's name. A new bike with registration "applied for" can be insured if you send the papers within **15 days**.

## What do deductibles mean for a bike claim?

A deductible is the part of each claim you pay yourself. TPL's rules, as of October 2026:

- **Smart Ride:** 10% of the sum covered on theft, snatch or total loss.
- **Smart Ride Plus:** Rs 5,000 or 10% of the sum insured, whichever is higher, on each loss; 15% on theft, snatch or total loss.

On a Rs 159,900 bike (Meezan's listed price for a Honda CD 70 on 16 Oct 2026), 10% is about Rs 16,000. So a small dent or a broken indicator is usually not worth claiming. Comprehensive cover earns its price mainly on **theft and total loss**.

**Why theft cover matters most:** CPLC figures for Karachi showed 35,749 motorcycles stolen and 6,078 snatched at gunpoint in the first 11 months of 2025, as reported by Aaj News on 9 Dec 2025.

Read the exclusions too. Pak-Qatar won't pay for **wear and tear or mechanical breakdown**, pays for tyres and battery only when the bike is damaged in the same incident (up to 50%), and won't pay for stolen accessories unless the bike is stolen too. It also refuses claims if the rider was not a driver described in the policy schedule.

## How do I make a bike insurance claim?

Under section 118 of the Insurance Ordinance 2000, an insurer has **90 days** to pay a claim. If it is late, it owes you liquidated damages on top.

At each renewal, check the sum insured. TPL tells customers to raise or lower it to match the bike's market value.

## What can I do if my claim is rejected?

If an insurer rejects or delays your claim, you can go to the **Federal Insurance Ombudsman** (FIO). Complaints are filed online at fio.gov.pk, or call **1082** (9 am to 5 pm). The Ombudsman has directed advisers to dispose of complaints within **60 days**.

For how the same rules apply to cars, see [car insurance in Pakistan](/money/guides/car-insurance-pakistan/).

More guides: [Cards & Insurance](/money/cards-insurance/) · [Car insurance in Pakistan](/money/guides/car-insurance-pakistan/) · [Bike on installment](/money/guides/bike-on-installment/) · [Vehicle transfer in Punjab](/money/guides/vehicle-transfer-punjab/) · [Money](/money/).

## Questions people ask

### Is bike insurance mandatory in Pakistan?

The Motor Vehicles Act 1939 requires valid insurance for vehicles used in public places, but only 2.77% of registered vehicles were insured in 2023 (SECP). Sindh's 2026 law, which blocks registration and token tax without third-party cover, exempts motorcycles.

### How much is bike insurance in Pakistan?

TPL says its bike plans start from Rs 2,500 a year (July 2025). Meezan Bank adds a 5% a year takaful charge on Apni Bike financing, as of October 2026, but does not say what the 5% is charged on.

### What does motorcycle insurance cover?

Comprehensive cover pays for accident damage, theft, fire, riots and natural disasters, plus your liability to others. It does not pay for wear and tear or mechanical breakdown.

### Can I buy bike insurance online?

Yes. TPL sells and manages its bike plans through its app and website, and you file claims in the app with photos of the bike.

## Sources

- [The Provincial Motor Vehicles (Amendment) Act, 2026 (Sindh Act No. VIII of 2026)](https://pas.gov.pk/uploads/acts/Sindh_Act_No.VIII_of_2026.pdf), Provincial Assembly of Sindh (accessed 16 Oct 2026)
- [Representation No. 21/FIO/2022](https://www.president.gov.pk/storage/gallery/Rep.%20No.%2021-FIO-2022.pdf), President's Secretariat (accessed 16 Oct 2026)
- [Federal Insurance Ombudsman of Pakistan](https://fio.gov.pk), Federal Insurance Ombudsman (accessed 16 Oct 2026)
- [Bike Insurance in Pakistan](https://tplinsurance.com/products/bike-insurance), TPL Insurance (accessed 16 Oct 2026)
- [Ride without worry](https://tplinsurance.com/blogs/ride-without-worry), TPL Insurance (accessed 16 Oct 2026)
- [Motorcycle Comprehensive Insurance](https://efuinsurance.com/conventional/products-services/motor-insurance/motorcycle-comprehensive-insurance.php), EFU General Insurance (accessed 16 Oct 2026)
- [Motorcycle Comprehensive Takaful](https://pqgtl.com.pk/individual-takaful/motor-takaful/motorcycle-comprehensive-takaful/), Pak-Qatar General Takaful (accessed 16 Oct 2026)
- [Apni Bike | Riba-free Bike Financing](https://www.meezanbank.com/apni-bike/), Meezan Bank (accessed 16 Oct 2026)
- [Sindh govt makes third-party vehicle insurance mandatory](https://www.dawn.com/news/1979648/sindh-govt-makes-third-party-vehicle-insurance-mandatory), Dawn (accessed 16 Oct 2026)
- [Strengthening third-party car insurance: government's plan](https://www.gari.pk/news/strengthening-third-party-car-insurance-govts-plan-2629/), Gari.pk (accessed 16 Oct 2026)
- [SECP finds only 2.77% of total registered vehicles in Pakistan are insured](https://profit.pakistantoday.com.pk/2023/08/01/secp-finds-only-2-77-of-total-registered-vehicles-in-pakistan-are-insured/), Profit (accessed 16 Oct 2026)
- [Karachi records over 60,700 crimes in 11 months, says CPLC](https://english.aaj.tv/news/330448589/), Aaj News (accessed 16 Oct 2026)