Viriyah motorcycle instalment insurance: pays THB 3,000 per instalment, premium THB 280
- Updated: 15 October 2026
Viriyah motorcycle instalment insurance: pays THB 3,000 per instalment, premium THB 280
Premium data as of 15 October 2026 · compiled by Prakanthai.com
Underwritten by Viriyah Insurance Public Company Limited
Premiums from THB 280 per year, including tax and stamp duty
Highlights: if you are paying off a motorcycle and are injured in an accident, it helps pay your instalments, up to THB 3,000 per instalment and up to 3 instalments a year, and also covers theft of the motorcycle
You buy a new motorcycle and pay a little over two thousand baht a month. One day you fall, break a leg and are off work for almost a month. Your income stops, but the instalments don't. If you fall behind, the finance company chases you straight away.
Insurance that helps pay your instalments when you are injured, at THB 280 a year: how many instalments does it help with, and what are the conditions?
Viriyah Motorcycle Plus insurance: who is it for, and how much is the premium?
In short: Viriyah Insurance's Motorcycle Plus insurance is financial loss insurance for people buying a motorcycle on hire-purchase, and it suits people who are still paying off the bike. It helps pay instalments of up to THB 3,000 each, up to 3 instalments a year, when you are injured in an accident, pays THB 10,000 if the motorcycle is stolen or totally lost, and covers THB 50,000 if the hire-purchaser dies or is permanently disabled in an accident. Premiums start at THB 280 per year (as at 15 October 2026). Acceptance depends on the vehicle and the insurer's assessment.
What does Motorcycle Plus insurance cover?
| Coverage | Limit (THB) | Conditions |
|---|---|---|
| Loss of the entire motorcycle through theft, stealing, snatch robbery or gang robbery | 10,000 | – |
| Total loss of the motorcycle in an accident | 10,000 | Damage exceeding 80% of the motorcycle's value on the date of the incident |
| Death or disability of the hire-purchaser from an accident | 50,000 | – |
| Payment of hire-purchase instalments when injured in an accident | Up to 3,000 per instalment | Based on the outstanding debt, up to 3 instalments per year |
The number of instalments depends on the number of days of treatment
| Days of treatment (inpatient and outpatient) | Number of instalments paid |
|---|---|
| 1–5 days | 1 instalment |
| 6–30 days | 2 instalments |
| 31–60 days | 3 instalments |
How much does Motorcycle Plus insurance cost?
Premiums from THB 280 per year, including tax and stamp duty, as at 15 October 2026, for 1 year of cover. The actual premium is as stated in the quote and subject to the insurer's underwriting decision.
Worked example: a THB 2,500 instalment and 20 days of treatment
- 20 days of treatment falls in the 6–30 day band, so 2 instalments are paid
- An instalment of THB 2,500 is within the THB 3,000 cap: 2,500 × 2 = THB 5,000
- If the monthly instalment is THB 3,800, the plan pays up to THB 3,000 per instalment: 3,000 × 2 = THB 6,000, and the difference of 800 × 2 = THB 1,600 is paid by you
This example is for illustration only. The amount actually paid depends on the outstanding debt and the insurer's claim assessment. The rule of thumb: if your instalment is no more than THB 3,000, this plan can pay the full instalment.
Who is Motorcycle Plus insurance for?
- People who are still paying off a motorcycle and whose income stops straight away if they are injured, such as food delivery riders and daily-paid workers
- People whose instalments are no more than THB 3,000 a month
- Owners of any make and model of properly registered motorcycle aged no more than 15 years
- People who also want theft cover for the motorcycle, for a premium of a few hundred baht
Who should not buy this plan yet?
- People who have finished paying off their motorcycle: the main cover pays instalments under the hire-purchase contract. See motorcycle theft insurance, which pays cash compensation for lost income instead.
- People whose instalments are much higher than THB 3,000: you pay the excess yourself
- People who want a high limit for theft: this plan pays THB 10,000, lower than the theft plan, which pays THB 15,000
- Motorcycles over 15 years old are not accepted by this plan
Limits to check before you decide
- Once you claim under any one cover, the policy ends automatically, unless the damage arises continuously from the same event or a special agreement states otherwise
- Instalments are paid according to the outstanding debt, up to THB 3,000 per instalment and no more than 3 instalments a year
- Embezzlement and illegally pawning the vehicle are not covered, nor is illegal use of the vehicle or speed racing
- A total loss must exceed 80% of the motorcycle's value on the date of the incident
- The insurer reserves the right to decline surrender or cancellation of the policy, as this is a special premium offer
If you want insurance that also covers the other party and pays for repairs, see 2+ MotorBike motorcycle insurance
Want to know whether your car can be insured? What do you need to send?
Send just 2 things
- A photo of the registration book or the motorcycle hire-purchase contract
- Monthly instalment amount
Our team will check the age of the motorcycle and the conditions, and reply within a business day on whether the Plus plan or the theft plan suits you better. If a plan is good value, we will tell you straight. If the conditions differ, we will explain the differences before you pay.
LINE Official: @prakanthai · Tel. +66 2 459 2223
Frequently asked questions
If I'm injured but not admitted to hospital, do I get the instalments paid?
Yes. The days of treatment count both outpatient and inpatient days. For outpatient treatment you need a medical report stating the symptoms, diagnosis and treatment.
Who are the instalments paid to?
The plan states that it pays the hire-purchase instalments according to the outstanding debt. How payment is actually made follows the insurer's conditions.
How does the Plus plan differ from the theft plan?
The Plus plan, at a premium of THB 280, helps with up to 3 instalments and pays THB 10,000 if the motorcycle is lost. The theft plan, at a premium of THB 290, pays income compensation of THB 1,000 a day for up to 3 days and pays THB 15,000 if the motorcycle is lost.
How many instalments are paid for 70 days of treatment?
The table sets the maximum at the 31–60 day band, which is 3 instalments, and no more than 3 instalments a year
What should you do first if the motorcycle is stolen?
Report it to the police, notify the insurer on the number in the policy, and tell the finance company. Our team helps coordinate the claim documents.
Who approves claims: Prakanthai.com or Viriyah?
Underwriting and claim payments are decided by Viriyah Insurance. Prakanthai.com, as the broker, helps coordinate and follow up for you.
Notes
The coverage and premium information on this page is based on the proposal for Financial loss insurance for hire-purchase goods: Motorcycle Plus from Viriyah Insurance Public Company Limited as at 15 October 2026. It is general information and not part of the insurance contract. Premiums and conditions may change as announced by the insurer. Underwriting and claim payments are decided by the insurer. Prakanthai.com is a non-life insurance broker, not an insurer, licence no. 5104000004, providing services since 2004. Please read the policy and the quote in full before deciding.
Price: THB 280
Apply online
Fill in the car, registered owner and keeper details and the Prakanthai team will call you back to arrange the policy.
How it works
Quote or apply
Send the form or message us. It takes a few minutes.
We confirm
We check the details and the price with you within one working day.
You pay
Pay the insurer directly or pay us. We send the details on LINE.
Policy issued
The insurer issues your policy and we send it to you.