There are three levels of motorbike insurance policies to choose from:
Third party only
This is the minimum required by the law. It’ll cover you for any damage you do to others and their vehicles. However, it won’t cover repairs to your motorbike, personal medical expenses or theft.
Third party fire and theft.
This will offer the same cover as third party with added protection for your bike in case of fire or, you guessed it, theft.
This is the full-monty of motorbike insurance. All of the above, as well as cover for yourself and repairs to your motorbike in the event of an accident.