Save Upto 75%* with

Bike Insurance Two Wheeler Insurance Online: Buy/Renew 2 Wheeler Insurance at Best Price. Compare bike insurance plans online to get FREE quotes. Choose the right insurer to buy/renew two wheeler insurance policy & save upto 75%.

Plans offered by insurers
When do you want your vehicle to be insured?
Get your Quote
Don't know your bike number? Click Here Brand new bike?
Renew Policy
Renew Policy Instantly in 2 steps Click Here
Best Two Wheeler Insurance Plans
Best Two Wheeler Insurance Plans
Watch Video

What is your bike's brand?

When did you buy your bike?
20042019
Have you made a claim in the previous year?

How to Buy Two Wheeler Insurance Online?

  • Fill Your Two Wheeler DetailsStep 1
    Fill Your Two Wheeler Details

    Provide your two wheeler details such as the make, model, etc, and get insurance quotes instantly from top bike insurance companies.

  • Compare Online Two Wheeler InsuranceStep 2
    Compare Online Two Wheeler Insurance

    From all the available two wheeler insurance, select the bike insurer which suits your budget & requirements in the best manner.

  • Make Payment Online
    Make Payment Online

    Pay the two wheeler online insurance premium for the selected plan online and you are done.

Add-on Covers For Your Bike Insurance Policy

  • Zero Depreciation

    Like other assets, the value of your two wheeler also depreciates constantly with time and the liability of this expense by default rests with the policyholder. A zero depreciation add-on protects you against the depreciation expenses incurred by your bike. Thus, if you opt for a zero depreciation cover, depreciation expense of your bike is not deducted from your claim amount at the time of a claim settlement. This add-on is available with comprehensive bike insurance plans as well as standalone bike insurance plans. This is one of the most popular and recommended bike insurance add-on covers.

  • Invoice Protection

    In case of total loss (more than 70% damage) or theft of your bike, the insurance company pays you the Insured Declared Value of your bike as compensation. However, this Insured Declared Value (IDV) is less than the invoice price which you pay at the time of purchasing your bike. The Invoice Protection add-on cover helps you claim the Invoice Price, i.e. total ex-showroom price of your bike plus taxes plus registration charges, of your bike in case of total loss or theft of your bike.

  • NCB Cover

    No Claim Bonus is the reward which is given to the policyholder for not making any claim during the policy period. This reward is offered by the insurer in the form of a discount on the own-damage premium of the bike insurance policy at the time of policy renewal. The NCB ranges from 20% to 50% of the own-damage premium depending on the number of claim-free years. However, if you make even a single claim during the policy period this NCB gets lost. But, with the NCB Cover, you can keep your NCB intact even after making a claim during the policy period.

  • Engine Protection Cover

    The damages incurred by the engine of the two wheeler are by default not covered under a bike insurance policy. However, if you opt for an Engine Protection Cover, the insurer will be liable to compensate you for damages incurred by the engine of your bike such as damage due to leakage of lubricants, water ingress, hydrostatic lock, damaged gearbox, broken crankshafts or pistons and cylinders. The repair cost of the internal engine parts is often high and can sum up to thousands of rupees or more. Thus, addition of this add-on to your comprehensive or standalone 2 wheeler insurance policy can save you from these expenses.

Benefits of Buying Online Bike Insurance Policy

InsuranceDekho provides value-oriented options to choose the best bike insurance policy. Protect your two wheeler from every risk today. First understand your bike insurance options, identify the best value & enjoy peace of mind.
  • 5 Minutes Policy Issuance
    5 Minutes Policy Issuance

    Why spend hours and days in queues filling up the paperwork for bike insurance policy. The entire process from entering your bike details to finalising your insurance policy and getting it issued online takes only 5 minutes on InsuranceDekho.

  • Over 3 Lakh Policies Sold
    Over 3 Lakh Policies Sold

    A transparent and quick process, choice of numerous insurers, along with a dedicated team of two wheeler insurance experts make InsuranceDekho a trusted choice for many insurance buyers. More than 2 lakh happy customers are a testament to the same.

  • Dedicated Support Team
    Dedicated Support Team

    Feel free to reach out to our dedicated 2 wheeler insurance team of experts, in case of any confusion. Be it buying your insurance policy, or support required incase of claim, our team of experts is at your service 7 days a week.

Find Right Bike Insurance Quotes by Bikes Body Type

  • Scooter
  • Sport
  • Cruiser
  • Commuter

Customer's Speak

2900 Reviews
Why did they insure their bike with InsuranceDekho
  • Extraordinary claim assistance
    I made a claim request from the Liberty bike insurance plan after my Bajaj Pulsar NS160 bike got damaged. I had no idea ...
    Read More
    LibertyBy Gaurav MehtaOn:28th September, 2020
  • Easy to renew process
    I have a Future Generali bike insurance plan which I purchased for my Hero HF Deluxe bike. I bought it from the Insuranc...
    Read More
    Future GeneraliBy Aditya DeshmukhOn:28th September, 2020
  • Prompt issuance of plan
    I have been a regular customer of InsuranceDekho for 2 years. The best thing which I admire about this platform is its p...
    Read More
    KotakBy Karan DesaiOn:28th September, 2020
  • Range of network garages
    I purchased a New India bike insurance cover to secure my Honda Unicorn bike on the recommendation of the InsuranceDekho...
    Read More
    New IndiaBy Deepak NagarOn:28th September, 2020
  • Safest payment gateways
    The payment process at InsuranceDekho is swift as well as safe. Different secured payment modes are listed on the platfo...
    Read More
    DhflBy Umang RawatOn:28th September, 2020
  • Numerous options of add-ons
    During the purchase and renewal process of Bharti AXA bike insurance for my Yamaha M-15 bike from InsuranceDekho, I was ...
    Read More
    Bharti AxaBy Animesh DixitOn:28th September, 2020
  • Quite useful information
    The content related to insurance which is available on the InsuranceDekho website is quite useful, informative and updat...
    Read More
    Royal SundaramBy Ahmad MalikOn:28th September, 2020
  • Instant renewal process
    The renewal procedure of the InsuranceDekho portal is very fine. I just had to enter some details and the process was co...
    Read More
    RelianceBy Harsh ChaudharyOn:28th September, 2020
  • Excellent online services
    The InsuranceDekho is an insurance platform which renders its services digitally, which helped me purchase my policy las...
    Read More
    Tata AigBy Paritosh JainOn:28th September, 2020
  • Got my claims easily
    When I met with an accident with my TVS Star City Plus bike and wanted to make a claim, the InsuranceDekho team helped m...
    Read More
    DigitBy Puneet KakkarOn:28th September, 2020

What is Two Wheeler Insurance?

Two wheeler insurance is an agreement between a bike owner & an 2 wheeler insurance company wherein the latter promises to protect the former’s 2 wheeler from unforeseen financial losses arising from unexpected events such as a road accident, theft, fire, natural calamities, vandalism and other such scenarios. In return for this promise, the bike owner pays an amount known as bike insurance premium to the insurance company. There are three types of two wheeler insurance - Third Party bike Insurance Policy, Comprehensive bike Insurance Policy and Standalone Own-Damage bike Insurance Policy. As per the Indian Motor Tariff, every bike owner in India is mandatorily required to own at least a third party bike insurance policy. Driving a bike without an active third party bike insurance policy is a legal offence punishable with a fine of Rs. 2,000 and/or imprisonment of up to 3 months. However, this penalty is applicable for the first time offence only, but, if you continue to drive your bike without holding a 2 wheeler insurance policy and get caught for the second time, then you will be liable to pay a fine of Rs. 4,000 and/or imprisonment of up to 3 months.
The bike insurance policy does not just help you when you avail it, but it also benefits you when you do not use it with No Claim Bonus (NCB). Different insurance providers offer its policyholders a reward for not making any claim in a policy year in terms of a bonus or discount on their next year’s premium amount. The discount provided under the NCB ranges between 20% to 50%, as it keeps getting accumulated with every claim-free year. Therefore, it is also advised that you should not request a claim for trivial damage expenses and try to bear them from your pocket. It will make your NCB accumulate and make you gain larger benefits while paying next year's bike insurance premium amount.
The third party bike insurance plan is mandatory to own, whereas a standalone own-damage bike insurance plan or comprehensive bike insurance plan is recommended to purchase. To avail various discount options or add-on covers offered by the insurance provider, you need to have an own-damage or comprehensive cover. The add-on benefits can bring additional protection for you and your bike without investing much. Hence, you should buy a bike insurance plan with these points in mind.

  • Comprehensive Bike Insurance

    Comprehensive Bike Insurance

    A comprehensive two wheeler insurance policy is a cover under which the insurance company is liable to pay for damages caused to the third party property and life (including death) by the insured’s bike as well as for the own damages sustained by the insured’s bike. In addition to road accidents, the plan covers damages incurred during natural calamities, man-made disasters, fire, explosion, self-ignition or lightning, theft, terrorist activity, damage in transit by road, rail, inland waterway, lift, elevator as well as air. A policyholder can extend the coverage of a comprehensive bike insurance plan with the help of add-on covers such as zero depreciation cover, engine cover, roadside assistance cover, lost key, etc. Many people ignore this bike insurance cover as it is costlier than the basic insurance plan, but in the long run this turns out to be the best policy for any and every bike rider because it protects them from the legal troubles, financial liabilities towards the third party and compensates their own-damages too.

  • Third Party Bike Insurance

    Third Party Bike Insurance

    As per the Indian Motor Tariff, a third party two wheeler insurance policy is a mandatory requirement if you want to drive a 2 wheeler in India. Under this cover, the insurance company insures the policyholder against the third party liabilities such as bodily injuries, permanent/temporary liability, total/partial liability, as well as death of the third party caused by an accident involving the insured’s bike. The third party policy also provides coverage for property damage incurred by the third party up to Rs. 1 lakh. However, this liability only policy is necessary to be owned by every bike owner while driving a bike on Indian roads not just because it saves you from legal troubles but also because it protects you from a situation where somebody gets hurt due to an accident with the involvement of your bike. The plan does not provide coverage for own damages incurred by the insured’s bike. For the extensive coverage, you can buy a comprehensive bike insurance policy.

  • Standalone Own-Damage Bike Insurance Policy

    Standalone Own-Damage Bike Insurance Policy

    Under Standalone Own-Damage two wheeler Insurance plan, you get insurance coverage only for the own-damages sustained by your 2 wheeler in a road accident, natural/man-made calamity, fire, explosion, theft or any other mishap. A standalone own-damage bike insurance policy aims at offering you the flexibility in terms of the insurer you want to choose. In order to stay compliant with the rules of the Indian Motor Tariff, you need to purchase a third party bike insurance policy either from the same insurance company or a different one. The purchase of standalone own-damage bike insurance policy also allows you to avail the add-on benefits as well as discount options offered by different insurers, which are not available with third party bike insurance. Therefore, add this bike insurance policy to your basic insurance cover and enjoy the bike ride without any worry.

Frequently Asked Questions on Two Wheeler Insurance

  • 1

    What is two wheeler Insurance?

    Two wheeler insurance is a contract between a 2 wheeler owner and an insurance company wherein the latter promises to protect the former’s bike from unforeseen financial losses arising from unexpected events such as a road accident, theft, fire, natural calamities, vandalism and other such scenarios. In return for this promise, the bike owner pays an amount known as bike insurance premium to the insurance company.

  • 2

    Which is best two wheeler insurance policy?

    Best two-wheeler insurance company varies from policyholder to policyholder depending on their requirements such as type of plan, add-on covers, customer support service, etc. However, one reliable parameter to compare different bike insurance companies is the Claim Settlement Ratio (CSR). A Claim Settlement Ratio refers to the percentage of claims settled by a 2 wheeler insurance company out of the total number of claims received by it during a financial year. The higher the claim settlement ratio, the better it is.

  • 3

    What are the 3 types of two wheeler insurance?

    There are three types of bike insurance policies in India namely third party bike insurance policy, standalone own damage bike insurance policy, and comprehensive bike insurance policy. While a third party/liability only provides coverage for third party liabilities only, a standalone own damage cover takes care of the own-damages incurred by your two wheeler only. A comprehensive 2 wheeler insurance policy is a bundled cover which provides coverage for both own damages as well as for third party liabilities.

  • 4

    How much is a two wheeler insurance?

    Third party bike insurance is fixed by the Insurance Regulatory and Development Authority of India as per the engine capacity of the two wheeler. However, the premium for standalone own damage and comprehensive two wheeler insurance plans vary from 2 wheeler owner to bike owner. The own-damage premium depends on a number of factors such as RTO location, Make, Model, and Variant of the bike, engine capacity, registration city, fuel type, etc.

  • 5

    What is 3rd party insurance for two wheeler?

    A third party bike insurance is the type of insurance that covers for the expenses related to losses and damages that you may incur towards a third party after an accident with the involvement of your two-wheeler. It gives coverage for bodily injuries, death or property damages of the third party. The coverage for property damages is limited to Rs. 1 lakh, while, in case of death, the claim amount is decided by the court.

  • 6

    Why do I need a two wheeler insurance policy?

    You should buy a two wheeler insurance as according to the Indian Motor Tariff, it is a mandatory requirement for every bike owner for being able to drive the vehicle legally in the country. Besides legal compliance, a 2 wheeler insurance policy also provides you with financial stability if your bike meets an accident in the future.

  • 7

    How to proceed with a two wheeler insurance claim?

    Call your insurance company and inform about your claim. You can either choose for a cashless claim settlement option or settle for reimbursements post a claim.

Latest Bike Insurance News

*Standard T&C Apply. All savings/offers are provided by the Insurers which are subject to modification. For more details on risk factors, terms and conditions, please read the sales brochure of respective insurers carefully before concluding a sale. Girnar Insurance Brokers Private Limited, 4th Floor, Tower B, Emaar Digital Greens, Golf Course Extension Road, Sector-61, Gurugram-122102, Haryana. IRDAI License no 588. Direct Broker (General Insurance) valid till 19th March 2023. Email -support@girnarinsurance.com.