ICICI Lombard Own Damage Bike Insurance

Your two-wheeler insurance provides a layer of protection for both you and the two-wheeler from the uncertainties of the road. ICICI Lombard General Insurance offers three basic types of two-wheeler insurance. The standalone own-damage insurance is not a compulsory cover but is a useful purchase it takes care of own-damage costs in a wide variety of situations. Moreover, the insurance provides the policyholder with a sense of security in times of crisis.

Standalone Own-Damage Insurance V/S Third Party Insurance V/S Comprehensive Insurance

What is Covered Under ICICI Lombard Standalone Own-Damage Two-Wheeler Insurance Policy?

ICICI Lombard’s standalone own-damage two-wheeler insurance covers the following aspects:

• Cases of theft of the two-wheeler or damaged beyond repair.
• Collisions on the road that damage the two-wheeler.
• Damage caused during transportation of a two-wheeler.
• Damage to the two-wheeler due to a natural disaster or man-made calamity.

What is Not Covered Under ICICI Lombard Standalone Own-Damage Two-Wheeler Insurance Policy?

ICICI Lombard’s standalone own-damage two-wheeler insurance does not cover the following aspects:

• Mishaps that damage the two-wheeler but occur outside the country.
• Mishaps that damage the two-wheeler but involve illegal riding or misuse in some way.
• If the two-wheeler has a breakdown due to a mechanical or electrical fault.
• Depreciation of the two-wheeler.

ICICI Lombard’s standalone own-damage two-wheeler insurance comes with the following benefits:

• The policyholder will have financial stability in case of a mishap that damages the two-wheeler.
• The insurance holder will be eligible for a No Claim Bonus for every claim-free year with this type of cover.
• ICICI Lombard offers several add-on covers to choose from with their standalone own-damage insurance.

How To Purchase ICICI Lombard Standalone Own-Damage Two-Wheeler Insurance Policy?

ICICI Lombard standalone own-damage two-wheeler insurance can be purchased by following these steps:

Step 1: Visit the website InsuranceDekho and click on the ‘two-wheeler insurance’ tab, it is the second option from the top left corner of the homepage. When you click on it a drop-down menu will appear on the screen. Choose the ‘Standalone Own Damage’ from the available options.

Step 2: Provide your two-wheeler’s registration number. You can also enter other information such as the two-wheeler’s make, model and year of registration instead if you do not have the number.

Step 3: Next enter your personal details, i.e., name and phone number and select ‘Submit and Get Quotes’ after entering all the required information.

Step 4: All the quotes for standalone own-damage two-wheeler insurance policies from different insurance companies will be visible on the screen. Select the offer by ICICI Lombard and any add-ons you would like to purchase.

Step 5: Pay for your chosen ICICI Lombard standalone own-damage two-wheeler insurance policy and the policy document will be sent to your registered email ID.