Indian Bike Insurance

    Indian Bikes Insurance Premium Price

    ModelVariantIDVZero Dep (in INR)Gross Premium (in INR)
    Indian Chief Dark HorseSTD 1616000 NA 31406
    Indian Chief VintageSTD 2046260 NA 39037
    Indian Chieftain ClassicSTD 3080000 NA 68306
    Indian ScoutABS 1157046 NA 27372
    Indian Springfield Dark HorseSTD 2480000 NA 55534
    Indian Roadmaster EliteSTD 3840000 NA 70854
    Indian SpringfieldABS 2975000 25288 84822
    Indian Chieftain EliteSTD 1020000 8670 30883
    Indian Scout SixtySTD 1014040 NA 20728
    Indian FTR 1200STD 1279200 NA 25431
    Indian Roadmaster ClassicABS 3100400 NA 68740
    Indian Scout BobberSTD 1062520 NA 21588
    Indian Chieftain Dark HorseSTD 2585599 NA 48603
    Indian ChiefSTD 1020000 8670 30883
    Indian Chief ClassicSTD 1720636 NA 33262
    Indian Chieftain LimitedSTD 2783560 NA 52115
    Indian ChieftainSTD 2783560 NA 52115
    The above-mentioned premiums are suggestive and may change basis terms & conditions

    Which bike do you ride?

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

    Add-ons For Your Indian Bike Insurance

    • Zero Depreciation
      Zero Depreciation

      Like other assets, the value of your bike 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
      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
      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
      Engine Protection Cover

      The damages incurred by the engine of the bike 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 bike insurance policy can save you from these expenses.


    • How long does it take to renew a Indian bike insurance?

      You can get your bike insurance renewed in just 5 minutes with InsuranceDekho.

    • Which all insurance add-ons should I buy for Indian bikes?

      The popular insurance add-ons opted with bikes include zero depreciation add-on, consumable cover and NCB (No Claim Bonus) cover among others.

    • From where can I purchase insurance for my Indian bike?

      You can visit our website, compare all available premium quotes for Indian bikes and select the one which best suits your requirements. With InsuranceDekho, get policy issued instantly.

    • Which insurer has the best claim settlement ratio for Indian bikes?

      Acko General Insurance, Bharti AXA General Insurance and ICICI Lombard General Insurance are among the bike insurers who have registered impressive claim settlement ratio for Indian bikes.

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