Best Bike Insurance Plan and Policy in IndiaTwo wheeler insurance offers diverse coverage, from liability to comprehensive plans.
Motorcycle or bike insurance provides financial protection to the owner against damages or losses incurred due to various events involving the insured two-wheeler. The salient features of motorcycle or bike insurance and its coverage include:
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Like car insurance, two-wheeler insurance is also mandatory by law. It provides coverage for third-party liability, which includes bodily injury or death to a third party and damage to their property caused by the insured bike.
Like car insurance, two-wheeler insurance is also mandatory by law. It provides coverage for third-party liability, which includes bodily injury or death to a third party and damage to their property caused by the insured bike.
A standard feature in two-wheeler insurance, it provides compensation in case of accidental death or permanent disability of the owner/driver of the insured bike.
If you do not make any claims during the policy year, you become eligible for a No Claim Bonus, which is a discount on the premium during policy renewal.
Like car insurance, you can enhance the coverage of your two-wheeler insurance policy by opting for various add-ons or riders. Common add-ons include zero depreciation cover, engine protection, roadside assistance, etc.
The IDV is the maximum sum insured provided by the insurer in case of total loss or theft of the insured bike. You can choose the IDV based on the current market value of your bike.
Many insurance companies offer cashless claim settlement at their network garages, making it convenient for the policyholder to get their bike repaired without upfront payment.
Some comprehensive policies also offer coverage for pillion riders, providing them with financial protection in case of an accident.
Some insurers may offer an extension of coverage to neighbouring countries, providing coverage while riding your bike abroad.
Two-wheeler insurance also provides legal coverage in case of any legal liabilities arising due to the use of the insured bike.
It's important to note that the coverage and features of bike insurance policies may vary among different insurance providers. When choosing a policy, read the terms and conditions carefully, compare various plans, and consider your specific requirements to find the most suitable coverage for your two-wheeler.
It extends protection to damages that may occur during transit, ensuring your vehicle is covered from start to finish.
Exclusions under Motorcycle / Bike Insurance refer to situations and events for which the insurance company will not provide coverage. These exclusions may vary among insurance providers, but some common exclusions include:
If the rider does not have a valid two-wheeler license or is riding with an expired license, any claims arising from an accident may be denied.
Accidents caused while riding under the influence of alcohol, drugs, or any other intoxicating substance are not covered
If the insured bike is being used for commercial purposes without the appropriate insurance coverage, claims may be rejected.
Accidents occurring while the bike is being used for racing, speed testing, or other illegal activities are not covered.
Any loss or damage that arises as a consequence of the initial incident, such as engine damage due to riding through waterlogged areas, may not be covered.
Damage due to electrical or mechanical breakdowns is generally not covered. However, some insurance providers may offer engine protection as an add-on to cover such damages.
Damage caused by nuclear risks, war, terrorism, or any such perils is typically not covered.
General wear and tear of the bike, including aging and deterioration, is not covered.
Any damage caused deliberately or intentionally is not covered.
Any damage or accident that occurs outside the policy period is not covered.
Some insurance policies may have an exclusion if the rider is not wearing a helmet at the time of the accident.
Any damage or loss caused while the bike is being used for illegal purposes or unlawful activities is excluded.
Damage caused to the insured bike during nuclear testing or radioactive contamination is usually not covered.
It's crucial to read and understand the policy document carefully to know the specific terms, conditions, and exclusions of your motor cycle or bike insurance policy. Additionally, consider purchasing add-ons or riders to enhance the coverage and protect against some of the exclusions that might be of concern to you.
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There are primarily two types of bike insurance policies in India: a. Third-party Bike Insurance: Covers liabilities towards third-party damages or injuries. b. Comprehensive Bike Insurance: Provides coverage for both third-party liabilities and damages to your bike.
Yes, as per the Motor Vehicles Act, 1988, it is mandatory for all bike owners to have at least third-party bike insurance to ride legally in India.
Comprehensive bike insurance covers a range of risks, including: a. Own damage due to accidents, fire, theft, vandalism, or natural calamities. b. Third-party liabilities for bodily injury or property damage. c. Personal accident cover for the owner/rider
The premium for bike insurance is determined based on factors like the bike's make and model, age of the vehicle, geographical location, the Insured Declared Value (IDV) of the bike, and the chosen add-on covers.
Yes, bike insurance can be transferred to the new owner when you sell your bike. The transfer process involves informing the insurance company about the change in ownership and providing relevant documents.
IDV is the maximum sum assured payable by the insurer in case of total loss or theft of the insured bike. It is calculated based on the bike's current market value and depreciation.
Yes, you can enhance your bike insurance coverage by opting for various add-on covers, such as zero depreciation cover, engine protection, roadside assistance, and consumables cover, among others. These covers come at an additional premium.
In the event of an accident or theft, follow these steps: a. Inform the police and file an FIR. b. Inform your insurance provider and file a claim as soon as possible. c. Cooperate with the insurance company during the claim settlement process.
Yes, you can avail of a No Claim Bonus for every claim-free year. NCB is a discount on the premium offered by insurance companies for not making any claims during the policy term.
You can renew your bike insurance policy online through the insurance company's website or a reputable insurance aggregator platform. Ensure timely renewal to avoid policy lapse.
Bike insurance policies are typically offered for one year. Some insurance companies may offer long-term policies for up to three years.
When it comes to protecting your two-wheeler, finding the best insurance policy is paramount. At Bimastreet, we understand the importance of having the right insurance coverage, which is why we offer a platform that connects you with the best and most reliable policies available. As an online insurance platform, we go beyond just providing policies—we serve as brokers, agents, advisers, and consultants. Whether you're looking to buy two-wheeler insurance online or renew two-wheeler insurance policy, Bimastreet is your trusted partner in securing the ideal insurance solution for your needs.
Bimastreet is one of the best online platforms for bike insurance in Hyderabad, India, giving you access to a wide array of insurance policies from top best insurance companies. Our goal is to ensure that you have all the information you need to make the right decision for your two-wheeler insurance policy. We serve as a bridge between you and top insurance companies, offering you the best choices. We are bike insurance brokers, agents, and consultants.
We are committed to offering transparency and ease throughout the process. When you come to Bimastreet, you will find that you can compare different insurance options to select the one that fits your specific needs. Whether you're looking to buy two-wheeler insurance online or renew two-wheeler insurance online, we simplify the process so you can focus on what matters most—keeping your two-wheeler protected.
Two-wheeler insurance is a type of policy designed to provide coverage for your motorcycle or scooter. In the event of an accident, theft, or damage, a two-wheeler insurance policy offers financial protection. There are two primary types of two-wheeler insurance policies: third-party insurance and comprehensive insurance.
At Bimastreet, our mission is to help you find the best two-wheeler insurance for your bike. With numerous insurance companies offering a variety of plans, it can be overwhelming to choose the right one. But, with our user-friendly platform, we simplify this process by allowing you to:
Whether you're purchasing insurance for the first time or renewing your two-wheeler insurance policy, our platform ensures that you can make the best choice for both price and coverage.
Bimastreet offers a seamless, hassle-free process for buying or renewing two-wheeler insurance online. The process is simple and quick, and you can complete it from the comfort of your home:
For those who are looking to buy two-wheeler insurance online or renew two-wheeler insurance policy, Bimastreet makes the process efficient and straightforward.
Renewing your two-wheeler insurance policy on time is crucial for a few key reasons:
At Bimastreet, we make it easy to renew two-wheeler insurance policy with just a few clicks, ensuring you continue to stay protected without any hassle.
At Bimastreet, we are committed to bringing you the best bike insurance online with the convenience of buying two-wheeler insurance online and renewing your policy effortlessly. Our platform is designed to serve as your one-stop destination for all your bike insurance needs, offering you the flexibility to compare policies from top insurers and choose the one that best suits your requirements. Whether you're a first-time buyer or renewing your policy, Bimastreet is your trusted partner in securing the best two-wheeler insurance policy.
We take pride in offering the most comprehensive solutions, as well as providing expert advice through our team of bike insurance brokers, agents, and consultants. So, why wait? Buy two-wheeler insurance online today and keep your bike safe with the coverage it deserves.
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Please note that the answers provided in these FAQs are general in nature and may vary based on the specific terms and conditions of the bike insurance policy and the insurance provider. Always read the policy documents carefully and seek advice from insurance professionals when necessary.
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Support mail: -
Claim mail: -
For Other Query: -
Phone Number: -
Corporate Office :-
Website approved by IRDA(Govt. of India),
ISNP Ref:
IRDA License Number:
Licensed on:
Valid Upto:
Disclaimer:
© 2026 - All Rights Reserved