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Bike Insurance also known as Two Wheeler Insurance helps you to protect against damages to your bike due to accident, theft and natural disaster. Third Party Bike Insurance is mandatory as per Motor Vehicle Act 1988

Bike Insurance & its Types

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  • Standalone Own Damage

    Protects damages to your Bike due to Accident, Theft etc

  • Third Party

    Protects against legal liability due to death, disability or damage to property of other party involved in accident

  • Comprehensive

    Protects damage to your own Bike and Third Party as well in case of an accident.

What to look for in Bike Insurance?

Policy Type

While Buying a Bike Insurance, always buy Own Damage cover which will cover your own bike as well. Third Party only policies are mandatory as per law but it does not cover your own bike.

Add On Covers

Out of the many Add On available in Bike Insurance, Zero Depreciation and Roadside Assistance are the one which you must have in your Policy.

Claim Settlement

You are buying Bike Insurance to protect your Bike in case of any accident; therefore it is very important to check the claim settlement history and ease of making a claim of the insurer from which you want to take Bike Insurance.

IDV

IDV is the value of your Bike as per insurance policy. You should always buy Bike Insurance at an IDV which reflects Market value of your Bike.

Premium

Most of the people give highest importance to Premium while buying Bike Insurance but in fact you should evaluate your requirement first and buy the insurance which provides best value for your bike at the lowest price.

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