Two-Wheeler Insurance

Two-wheeler insurance is a type of insurance policy that provides financial protection to owners of motorcycles, scooters, and other two-wheeled vehicles against the risks associated with owning and operating these vehicles.

POLICY TYPE

Comprehensive

  • Personal Accident to rider and pillion rider
  • Damage to own property
  • Damage due to Fire and Lightning/self-ignition
  • Damage due to Natural Calamities
  • Theft or Burglary
  • Damage due to Riot Strikes, Malicious Acts & Terrorism
  • Third-party coverage
POLICY TYPE

 Third Party

  • Death or bodily injury to Third-party
  • Damage to property of Third-party

Why you should have a motor policy?

PROTECT YOURSELF AND YOUR BIKE FROM VARIOUS RISKS

LEGAL REQUIREMENT

Having a valid two-wheeler insurance policy is mandatory by law. It is a legal requirement to ensure that all vehicles on the road have at least basic insurance coverage. Operating a two-wheeler without insurance can lead to penalties, fines, or even the suspension of the vehicle's registration.

THIRD-PARTY LIABILITY COVERAGE

This cover provides compensation in the event of accidental death or disability of the owner/driver resulting from a two-wheeler accident. It helps protect the owner/driver and their family from financial hardships due to loss of income or medical expenses

OWN DAMAGE COVERAGE

This covers damages to the insured vehicle against accidents, theft, fire, natural disasters, vandalism, or other specified perils. Own damage coverage helps cover the cost of repairs or replacement of the insured two-wheeler.

FINANCIAL PROTECTION

Two-wheeler insurance provides financial protection and peace of mind. The insurance coverage ensures that the policyholder can access funds to cover repairs, replacement, medical expenses, or legal liabilities without significant financial strain.

UNFORESEEN EVENTS

Two-wheelers are vulnerable to accidents and damages due to various factors, including road conditions, weather, and the behavior of other road users. Insurance provides financial protection against unforeseen events and mitigates the risk of significant financial losses in case of accidents, theft, or damages.

  • General wear and tear
  • Damage due to racing, speed tests, reliability trials
  • Own-damage expenses and personal accident cover if only third-party liability cover purchased
  • Damage caused due to breach of contract
  • Riding without a helmet

General Exclusions

  • War and war-like situations
  • Nuclear perils
  • Riding while under the influence of alcohol or other intoxicants
  • Riding without a valid driver’s license
  • Using a personal bike for commercial purpose.

Factors affecting Two-Wheeler premium

    • Coverage and policy type
    • Make year and model
    • Year of registration
    • Engine capacity (CC)
    • Excess on Damage (EOD)¬†
    • No-claim discount (NCD)
    • Modifications done to the bike

Claim Process

Register your claim with Us

In case of an accident or theft of your Two-Wheeler, inform us about the incident as soon as possible.

Provide all the required documents

There are certain documents required for the claim process which will be informed to you by our claim department.

Relax for sometime, we will take it from here

Once we receive all the documents, you can relax and wait to receive your cheque