Motor insurance policies are typically divided into two types — single-rider and all-rider coverage. Both of these policies offer different kinds of coverage, each with its advantages and disadvantages. Therefore, choosing the right policy is necessary to ensure you are fully protected and avoid overspending on insurance premiums.
In this article, we will explain single and all riders coverage and lay out their differences side by side, so you can compare them easily and know exactly what you need when renewing your motorcycle insurance.
Single Rider Coverage
- Who is covered: Only the named rider in the policy can ride the motorcycle and make claims in case of an accident. If anyone else rides the motorcycle and gets into an accident, the insurance company will not cover any repairs, medical bills, or third-party liabilities.
- Cost: Cheaper than All Riders coverage due to limited scope.
- Suitable for: Riders who are the only ones using the motorcycle and rarely lend it to others.
All Riders Coverage
- Who is covered: Any authorized rider with a valid license can ride the motorcycle and be covered by the insurance in case of an accident. This includes the named policyholder and anyone they permit to ride.
- Cost: More expensive than Single Rider coverage due to broader coverage.
- Suitable for: Riders who frequently lend their motorcycle to others or share it with family members. Additionally, this is often required by banks when financing a new motorcycle purchase.
The key differences between these coverages are summarised in the table below:
| Feature | Single Rider | All Riders |
|---|---|---|
| Riders covered | Named rider only | Named riders and authorized riders |
| Cost | Cheaper | More expensive |
| Suitability | Solo riders | Riders who share their motorcycle |
| Third-party coverage | Available | Available |
Which motor insurance is right for you?
There is no straight answer as to which policy is better since each has its purpose. Choosing the right insurance policy depends on individual needs and preferences. Single-rider coverage is a cost-effective option favoured by many drivers due to its affordability. This policy provides protection exclusively for the named rider, shielding them from accidents and mishaps.
On the other hand, all-rider coverage is a more comprehensive but pricier alternative. It extends coverage to any authorized rider with a valid license who is permitted to operate the insured vehicle. Your decision between these policies should align with your riding habits. Opt for a single-rider policy if you exclusively use your bike, while all-rider coverage suits those who share vehicles with friends or family.
Although some riders may opt for single-rider coverage despite sharing the vehicle, it’s worth noting that in the event of an accident, the policyholder will not be able to seek compensation from the insurer for losses. Therefore, a thoughtful assessment of your needs and riding habits is crucial in determining the most suitable plan for you.
Bjak is one of Malaysia’s biggest insurance comparison websites, offering policies from over 10 brands. Visit Bjak today to get your free insurance quote!
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