Shriram Bike insurance starting from ₹ 714/year*
or
Bike Insurance starting from ₹1.5/day*
  • Save upto 75%*
    Lowest Bike Premiums
  • 11.5 Lakh+
    Happy Customers
  • Claim Support
    7 days a week

Shriram Third Party Bike Insurance

282 reviews Rate This
  • 78.78% Claim Settlement Ratio In FY18
  • Cashless Services At More Than 2,000 Network Garages
  • 24x7 Customer Assistance
  • Instant Policy Issuance
  • Claim Settlement Within 7 Working Days

Calculate Your Bike Insurance

Shriram Third Party Bike Insurance

Shriram General Insurance is a reliable insurance provider that has minimized the uncertainties on the road through its bike insurance policies. Shriram third party bike insurance policy is a cost-effective solution to fulfil the mandatory requirement of the law as well as to get rid of third party liabilities arising out of accidents due to the insured’s bike.

Shriram General Insurance has digitalized the purchase of third party bike insurance policy. It has set up an efficient support team to assist the policyholders through the process. Shriram third party bike insurance policy provides the basic coverage for financial and legal liabilities of the insured’s bike towards the third party.

Shriram Third Party Bike Insurance vs Comprehensive Bike Insurance

Basis

Third Party Bike Insurance

Comprehensive Bike Insurance

Coverage

This policy provides coverage for the financial and legal liabilities of the third party only.

This policy provides coverage for the third party liabilities as well as the own damages of the insured’s bike.

Nature of Requirement

It is a mandatory requirement as per the Indian Motor Tariff act.

This is optional and depends on individual preferences.

Add-ons Availability

No add-ons are provided along with the third party bike insurance policy.

The coverage of the comprehensive bike insurance policy can be extended by opting for a variety of add-ons to the policy.

Cost

The third party bike insurance policy comes with a low premium due to the limited coverage.

Comprehensive bike insurance policy has a relatively higher premium because of the wide coverage it provides.

What All is Covered Under Shriram Third Party Bike Insurance Policy?

Shriram third party bike insurance policy provides coverage for the following cases:

  • Financial Liabilities of third party property damage: The insurer takes care of the financial loss of the third party property damage incurred due to the insured’s bike. It provides coverage for third party damage up to Rs. 1 Lakh.
  • Bodily Injuries/ loss of life of third party: The insurer provides compensation for the bodily injury, disability or loss of life of the third party caused due to the insured’s bike. The compensation amount is however decided by the court of law.

What All Is Not Covered Under Shriram Third Party Bike Insurance Plan?

The third party insurance policy offers coverage for limited situations only. Below are a few points which are not covered under the third party bike insurance plan:

  • No optional personal accident cover is available
  • No cover is given for damages incurred by the insured’s bike
  • No compensation provided for injuries suffered by policyholders.

Must Read Articles before buying Shriram Bike Insurance

Shriram Bike Insurance User Reviews

Write your review
What users are saying
  • All
  • Third Party
  • Most Helpful
  • Comprehensive
  • Zero Depreciation
  • Own Damage
  • Renewal
  • Cashless Garages
  • Price
  • Premium
  • Policy Download
  • Customer Care
  • Claim
  • Add On
  • Too many plans to choose from

    There are a lot of plans available on the InsuranceDekho website. After viewing all of them, I chose the Shr...

    P
    By Parth Kakkar
    On: March 17, 2023
  • Detailed explanation

    InsuranceDekho provides a detailed explanation about each plan they offer. After going through all the plans w...

    A
    By Abhishek Kumar
    On: March 1, 2023
  • Informative website

    While buying the Shriram bike insurance plan for my Vespa SXL 150, from the InsuranceDekho website I read ab...

    A
    By Arpit Pathak
    On: February 20, 2023
  • Authentic information

    I purchased Shriram bike insurance policy for my TVS Pep Plus from InsuranceDekho. I was able to purchase th...

    A
    By Akash Bajaj
    On: February 9, 2023
  • The reminder feature is amazin...

    The procedure of purchasing a plan is so much uncomplicated on the website as it is arranged perfectly. I pu...

    V
    By Vikas Singh
    On: January 30, 2023
  • The reminder function is amazi...

    The procedure of purchasing a plan is so uncomplicated on the website as it is arranged perfectly. I purchas...

    A
    By Ayan Ajhmed
    On: January 24, 2023
  • Detailed explanation

    InsuranceDekho provides a detailed explanation about each plan they offer. After going through all the plans...

    A
    By Abhishek Kumar
    On: January 11, 2023
  • The Chat box feature availabl...

    The InsuranceDekho website has a chat box feature which is quite helpful. While buying the Shriram bike insu...

    By Dhruv Sharma
    On: January 3, 2023
  • Informative website

    While buying the Shriram bike insurance plan for my Vespa Elegante 125 from the InsuranceDekho website, I lear...

    K
    By Kush Singhal
    On: October 13, 2022
  • Well managed website

    The InsuranceDekho website is very well managed and maintained. All the things are arranged properly. While ...

    V
    By Vivek Sharma
    On: August 24, 2022

Insurance Products by Shriram General Insurance

Shriram Third Party Bike Insurance FAQs

If my bike is damaged in a nuclear attack, do I get coverage under Shriram third party bike insurance policy?

No, Shriram third party bike insurance policy does not cover the damage of the insured’s bike under any circumstances even in case of a nuclear attack.

What is the coverage provided if there is a loss of sight of the third party in case of an accident with the insured’s bike?

The insurer provides 100% of the assured amount as compensation in case of loss of eyesight of the third party caused due to an accident with the insured’s bike.

How can I check the status of my Shriram third party bike insurance policy?

You can check the Shriram third party policy status by dialling its helpline numbers 1800-300-30000 and 1800-103-3009.

How can I make the payment in case of online purchase of Shriram third party bike insurance policy?

In case of online purchase of Shriram third party bike insurance policy, you can make the payment using credit card, debit card and via net banking.

What assistance do I get in case of death of the third party in an accident?

In the case of the death of the third party, the insurer provides legal and financial support to the policyholder. The compensation amount is decided by the court of law.

Why to buy from InsuranceDekho?

  • Instant policy# within 5 mins
  • More than 50 lakhs happy customers
  • Claim Support available all 7 days of the week

Shriram Bike Insurance Contact Details

For any assistance or query, call us on:

Bike Insurance News

Shriram Bike insurance starting from ₹ 714/year*
or
Shriram Bike insurance starting from ₹ 714/year*
or
#Applicable on non-inspection cases i.e. existing policy has not expired or when buying a policy for a new vehicle.