What is Two Wheeler Insurance ?

Two Wheeler insurance is a policy which protects you, your two-wheeler and an affected third party from financial losses arising out of an unforeseen incident. Driving your bike without Insurance is a punishable offence in the eyes of the law. Two Wheeler Insurance is mandatory in India for all owners to have a minimum third-party car insurance policy.
It is a contract, you and your insurer enter into, to protect you from financial damages caused by unforeseeable circumstances like accidents, theft, and even natural calamities.

Types of Two Wheeler Insurance

Different types of two-wheeler insurance policies that cater to your bike’s needs and the type of coverage needed to protect it under various situations:
Comprehensive bike insurance policy has been designed to offer protection against third-party liabilities, coverage for damages or loss caused by theft and natural as well as man-made disasters, and a personal accident cover for the owner-driver. However, the policy does not offer damages if the bike owner rides the vehicle under the influence of alcohol or is outside the pre-defined geographical area.
Our Standalone Own Damage Bike Insurance Policy is beneficial in cases where an unfortunate accident can leave your bike damaged. While the Own Damage cover cannot handle third-party liabilities, your bike can receive financial protection against damages to the bike caused by natural and man-made disasters and fire. This two wheeler insurance policy also offers reimbursement in case of theft of the bike.
Third-party Two Wheeler Insurance is a legal necessity if you want to take your bike out on the roads. Our standalone third-party two-wheeler insurance policy will help you if, in the event of an accident, your vehicle ends up causing damage to a third-party vehicle or injuries to a third-party person. However, your bike cannot receive the same protection under this policy. Damages to the bike and theft of the bike are not covered under a third party policy.

What Are Two Wheeler Insurance Add-Ons?

Add-ons in the comprehensive Two Wheeler insurance are the extra safeguards for your two wheeler by paying the extra premium. Following are some of two wheeler insurance add-ons.

Zero Depreciation Cover in Two Wheeler Insurance

Zero depreciation cover also known as Nil Depreciation or bumper to bumper two wheeler insurance policy is a two wheeler insurance policy that protects you from claims on a deprecation value basis. It means that in the event of two wheeler accident, the comprehensive two wheeler insurance only covers the depreciated value of the two wheeler but when you opt for zero depreciation cover, it provides full coverage irrespective of depreciation. Most of the insurance companies provide zero depreciation cover till the three years.

What’s Not Covered in Two Wheeler Insurance Policy?

As per the standard two wheeler insurance policy, following cause of losses not covered:

Documents Required for Filing Two Wheeler Insurance Claim

While filing a claim, the owner is required to produce following documents (original documents need to be verified and copy need to be submitted to insurance company):


Registered Office

Office A-14, Privia Business Center, Next to PCMC RTO office, Moshi, Pune-412105.