Easy Steps to Renew Two-Wheeler Insurance Policy Online

Every insurance plan comes with a validity period, post which it needs to be renewed. You must timely renew your policy to keep yourself compliant with the legal requirements on the road as well as keep availing the benefits.

A bike insurance policy can be renewed online as well as offline. The online mode of insurance renewal is becoming increasingly popular these days as the process is quick, smooth, and transparent.

You can renew your bike insurance policy online either via the website of an insurance company or through online insurance platforms like us InsuranceDekho which help you compare different policies and renew the right policy in minutes.

How To Renew Bike Insurance Policy Online

You can renew your bike insurance policy at InsuranceDekho by following the few simple steps:

  1. Visit insurancedekho.com
  2. Click on the option “Renew Policy Instantly in 2 Steps”.
  3. The required premium quote will get displayed to you. Make the payment online via secured payment gateway.

Benefits of Bike Insurance Renewal

Timely renewal of your bike insurance policy offers you the following benefits:

1. Coverage Benefit

Timely renewal of your bike insurance policy helps you to continue to enjoy the coverage offered by your bike. This coverage in turns keeps you shielded against the expenses which you might incur due to your bike.

2. Benefit of No Claim Bonus

Renewal of your two-wheeler insurance policy before the expiry date helps you remain eligible for your No Claim Bonus which can range up to 50% of your own-damage premium. You lose this accumulated benefit in case you don’t renew your policy before expiry.

3. Provides You a Sense of Security

Two-wheeler insurance policy gives you peace of mind while riding on road. It reduces the chances of getting fined due to traffic laws thereby providing you a sense of security.

Also Read

What is Third Party Bike Insurance Policy?

All You Need To Know About No Claim Bonus in Two Wheeler Insurance


As a responsible citizen of India, you must remember that as important is getting a reliable insurance plan for your two-wheeler, equally important it is to keep renewing it before expiry. This is because as per the Motor Vehicles Act, 1988, you are required to have at least third party insurance. And as mentioned above, if you are caught on the road without it, then you will be punished for the same. Also, the policy protects you in case of financial losses in case you meet with an accident.

To conclude, keep yourself and your two-wheeler insured by timely renewing your two-wheeler insurance policy.

"Disclaimer: This article is issued in the 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."

Add-ons For Your Bike Insurance Policy

  • 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

    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 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.

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