Universal Sompo Bike Insurance

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Highlights
    Network Garages3,500+
    Claim Settlement Ratio90.78% in FY20
    Emergency AssistanceAvailable 24/7
    Policies Issued12 lakh+ in FY19
    Claim ProcessDigitally Enabled
    Presence86+ branches

    About Universal Sompo General Insurance

    Universal Sompo is India’s first Public-Private partnership in the General Insurance Industry with its headquarter in Mumbai, India. It is widely appreciated for its different insurance products from bike insurance, car insurance and so on. This private-public joint venture was established by the joint effort of two nationalized banks which are Allahabad Bank and Indian Overseas Bank, one private sector bank which is Karnataka Bank Ltd, one FMCG which is Dabur Investment Corp and a Japanese insurance company which is Sompo Japan Nipponkoa Insurance Inc.

    In 2007, Universal Sompo was founded with the mission of providing world-class insurance products and services for bike insurance, health insurance and so on. The range of products and services provided by Universal Sompo include individual health insurance, group health insurance, individual accident, critical illness policy to car and bike insurance policies such as motor private car insurance plan, two-wheeler insurance plan, passenger-carrying vehicle insurance plan, etc.

    The vision of the company is to become a market leader in bike insurance and other insurance products and they are willing to do so by keeping the customers satisfied. The company is operating with around 135 IRDA approved products, via 86 branches and 17 zonal offices. Moreover, the company is associated with more than 3,500 garages to provide services for car and bike insurance and offer 24x7 active customer support.

    Universal Sompo Bike Insurance

    Universal Sompo General Insurance Company offers customers three basic types of two-wheeler insurance. This includes third party insurance, standalone own-damage insurance and comprehensive insurance. Third party insurance is compulsory in India, according to the Motor Vehicles Act of 1988 anyone caught without this can be fined Rs. 2,000 and/or be imprisoned for up to 3 months. Moreover, in case of a mishap, it will take care of third party liabilities including bodily injuries, death and property damage. On the other hand, if you want coverage for own-damage costs you should purchase a standalone own-damage cover. This type of insurance provides compensation for a wide range of scenarios including road accidents, theft, vandalism, natural and manmade disasters. Lastly if you’re looking for a hassle-free and holistic way to remain ensured purchase a comprehensive plan. This plan takes care of both own-damage costs and third party liabilities under a single premium.

    Furthermore, you can strengthen the coverage of your standard two-wheeler insurance by purchasing add-on covers. These are available with every own-damage cover and can significantly enhance your claim amount in case of a mishap. Some add-on covers that you should definitely check out are the zero depreciation cover, roadside assistance cover, passenger assistance cover and engine safe cover.

    Universal Sompo is increasingly becoming a popular insurance provider in India. It offers customers a range of benefits and coverage, moreover, its customer service is known to be quick and efficient. With every claim-free year insurance holders also get to enjoy the no claim bonus and in the fifth consecutive year, this add-on goes up to 50%.

    Significant Points of Universal Sompo Bike Insurance

    Features

    Coverage

    Third Party Insurance - Property Damage

    Up to Rs 1 Lakh

    Own Damage Cover

    Determined by the IDV of the Two-Wheeler

    Personal Accident Cover

    Up to Rs 15 Lakh

    Claim Settlement Assistance

    Available 24x7

    What is your bike's brand?

    • Hero
    • Honda
    • TVS
    • Bajaj
    • Yamaha
    When did you buy your bike?
    20052019
    Have you made a claim in the previous year?

    Benefits of Universal Sompo Bike Insurance

    • A wide network of 3,500+ garages
    • 24x7 emergency assistance is provided
    • Digitally enabled insurance procedures
    • Holds authentic and prestigious certifications
    • Allows policyholders to make unlimited claims.

    17 Universal Sompo Cashless Garages in India

    Universal Sompo Bike Insurance User Reviews

    Write your review
    What users are saying
    • All
    • Most Helpful
    • Handy premium calculator

      The premium calculator on InsuranceDekho came in handy when I was struggling to calculate the total premium of...

      Read More
      K
      By Kanchan Barua
      On: April 14, 2021
    • Information on how to lower th...

      While navigating through the website of InsuranceDekho, I found out about an interesting news article that con...

      Read More
      M
      By Mrinal Reddy
      On: April 8, 2021
    • Numerous payment options

      InsuranceDekho allows numerous online payment modes and it is secure. As a customer, I could easily pay the pr...

      Read More
      K
      By Kartik Banerjee
      On: April 7, 2021
    • Mobile policy

      My Universal Sompo Third Party bike insurance policy is available on my mobile. It is easy to carry and I do n...

      Read More
      A
      By Aatoshi Haldar
      On: April 1, 2021
    • Skillful support team

      No matter how complicated a query is, the support team of InsuranceDekho is always ready with the answer. This...

      Read More
      R
      By Raj Kumar
      On: March 30, 2021
    • Rapid service

      Before making a claim under Universal Sompo Third Party bike insurance policy, I applied for an inspection to ...

      Read More
      D
      By Divya Pattanaik
      On: March 25, 2021
    • Best plans

      I generated my free quotes on InsuranceDekho and found the best plans for my Royal Enfield Bullet Trials. I co...

      Read More
      M
      By Mahim Chowdhury
      On: March 23, 2021
    • Smooth payment gateway

      The payment gateway on InsuranceDekho runs smoothly. I just gave the required details of my credit card. The r...

      Read More
      J
      By Joyitri Sadhukhan
      On: March 18, 2021
    • Customer team responds promptl...

      I received a prompt response from the customer team of InsuranceDekho every time I have faced an issue with my...

      Read More
      B
      By Brindavan Pandey
      On: March 16, 2021
    • Best experience

      Excellent experience with InsuranceDekho and insurance policy with an affordable premium. So I suggest everyon...

      Read More
      L
      By Lovepreet
      On: March 14, 2021
    • Handy premium calculator

      The premium calculator on InsuranceDekho came in handy when I was struggling to calculate the total premium of...

      Read More
      K
      By Kanchan Barua
      On: April 14, 2021
    • Information on how to lower th...

      While navigating through the website of InsuranceDekho, I found out about an interesting news article that con...

      Read More
      M
      By Mrinal Reddy
      On: April 8, 2021
    • Numerous payment options

      InsuranceDekho allows numerous online payment modes and it is secure. As a customer, I could easily pay the pr...

      Read More
      K
      By Kartik Banerjee
      On: April 7, 2021
    • Mobile policy

      My Universal Sompo Third Party bike insurance policy is available on my mobile. It is easy to carry and I do n...

      Read More
      A
      By Aatoshi Haldar
      On: April 1, 2021
    • Skillful support team

      No matter how complicated a query is, the support team of InsuranceDekho is always ready with the answer. This...

      Read More
      R
      By Raj Kumar
      On: March 30, 2021
    • Rapid service

      Before making a claim under Universal Sompo Third Party bike insurance policy, I applied for an inspection to ...

      Read More
      D
      By Divya Pattanaik
      On: March 25, 2021
    • Best plans

      I generated my free quotes on InsuranceDekho and found the best plans for my Royal Enfield Bullet Trials. I co...

      Read More
      M
      By Mahim Chowdhury
      On: March 23, 2021
    • Smooth payment gateway

      The payment gateway on InsuranceDekho runs smoothly. I just gave the required details of my credit card. The r...

      Read More
      J
      By Joyitri Sadhukhan
      On: March 18, 2021
    • Customer team responds promptl...

      I received a prompt response from the customer team of InsuranceDekho every time I have faced an issue with my...

      Read More
      B
      By Brindavan Pandey
      On: March 16, 2021
    • Convenient modification

      I wanted to modify my Universal Sompo Standalone Own Damage bike insurance policy. I contacted InsuranceDekho....

      Read More
      R
      By Rakesh Chauhan
      On: March 11, 2021

    Insurance Products by Universal Sompo General Insurance

    Universal Sompo Two-Wheeler Insurance FAQs

    • Why should I choose Universal Sompo two-wheeler Insurance?

      Universal Sompo two-wheeler insurance offers the following benefits to its customers:


      • Instant policy issuance without any hassle
      • Quick claim settlement
      • Portfolio of long-term policies
      • Cashless service at more than 3,500 network garages
      • Special add-on covers
    • How can I get two-wheeler insurance from Universal Sompo?

      You can get a two-wheeler insurance policy from Universal Sompo in three ways. The traditional way would be going to the branch. Alternatively, you can buy an insurance plan online through the official website of Universal Sompo. You can also call the toll free number of Universal Sompo General Insurance and the support executives will help you in getting the plan.

    • Is there an eligibility criteria for getting Universal Sompo two-wheeler insurance?

      The only eligibility criteria for getting a two-wheeler insurance policy from Universal Sompo is that the individual has to register his two-wheeler in his name with the Regional Transport Authority in India.

    • What are the add-ons available for two-wheeler insurance?

      Universal Sompo provides multiple add-ons with two-wheeler insurance plans. The offered add-ons include Nil Depreciation Cover, Return To Invoice, Roadside Assistance, Daily Cash Allowance, Cost Of Consumables, Loss Of Driving License, Ncb And Engine Protector, etc.

    • How can I get cashless service for my two-wheeler?

      Universal Sompo Two-Wheeler Insurance provides cashless repair and replacement services at its authorised garages. The policyholders can seek the service anywhere at any of its more than 3,500 network garages situated all around the nation. The claims at these authorized garages are completely cashless.

    Why to buy from InsuranceDekho?

    • Instant policy# within 5 mins
    • More than 11.5 Lac happy customers
    • Claim Support available all 7 days of the week

    Universal Sompo Bike Insurance Contact Details

    For any assistance or query, call us on:

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    Disclaimer

    This article is issued in general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.​

    #Applicable on non-inspection cases i.e. existing policy has not expired or when buying a policy for a new vehicle.