It is mandatory to have a bike insurance policy in India that offer coverage to your two-wheeler in case of damage caused to your vehicle due to an accident, theft, or natural calamities. There are three types of bike insurance policies in India for your vehicles i.e. Standalone own damage bike insurance, Third party bike insurance, and comprehensive bike insurance.

The below table shows us the common difference between Comprehensive Bike Insurance or Third Party Bike Insurance or Own Damage Bike Insurance.

Following are the key specifications of two-wheeler insurance policy:

Anything can happen while driving a two-wheeler in India. Rugged roads, rain, and uncontrolled traffic can cause problems on the road. Road accidents are common due to a lack of good infrastructure, unregulated traffic, and many other reasons. To avoid these situations, it is necessary to have a two-wheeler insurance policy. Two-wheeler insurance requires timely renewal If you cannot renew it on time, your policy will lapse and become invalid. If your two-wheeler insurance policy is not renewed, you will not be eligible to make any claim. Some other benefits of two-wheeler insurance policies are:

There are a variety of two-wheeler insurance plans in India offered by various motor insurance companies But finding the best two-wheeler insurance plan is a tedious task. We RenewBuy is making it easier for you as we have compiled the list of best two-wheeler Insurance plans in India in the table below:

Comprehensive Two Wheeler Insurance Plan

Own Damage Insurance Plan

Third Party Insurance Plan

*Disclaimer: We RenewBuy does not endorse any specific insurance company or insurance product offered by any insurer and this list is just an illustration of the plan offered by different motor insurance companies

Many factors can affect your bike insurance premium. Here are the major factors that affect the insurance premium of two-wheelers:

In the section below, you will get an insight into the coverage benefits offered under the bike insurance plans in India:

Below mentioned are the situations that are not covered under a two-wheeler insurance policy:

*Data has been sourced from report of IBAI 5th Edition

*Disclaimer: We RenewBuy does not endorse any specific insurance company or insurance product offered by any insurer and this list is just an illustration of the plan offered by different motor insurance companies

Comparing bike insurance is the easiest and most convenient way to know the best bike insurance policy that suits your pocket. D2C Insurance Broking Private Limited (“RenewBuy.com”) provides you with a free online tool to compare various bike insurance policies so that you can buy the best two-wheeler insurance policy as per your requirement. There are various factors that one needs to consider before buying a bike insurance plan online:

Two wheeler insurance add-ons are used to enhance the coverage benefits of the bike insurance policy by paying some extra premium amount. Following the add-ons that you can opt for your two wheeler insurance policy:

• Visit the insurance company’s official website and click on the “Two Wheeler Insurance” tab.
• Select the desired plan.
• Fill in all the required information.
• Click on Buy Now button.
• Make payment.
• The insurance company will send the policy documents to your email address.

• Visit the official website of RenewBuy.
• Click on the “Motor Insurance” tab.
• Then, click on the “Two Wheeler Insurance” tab.
• Fill out the form that shows on the next page.
• Compare different motor plans and select your desired plan.
• Click on the “Buy Now” button
• A pop-up will show you the plan details and the additional riders information.
• Click on the “Proceed to Buy” button.
• Make online payment and the policy documents will be sent to your registered email address.

RenewBuy brings you the best deals in two wheeler Insurance plans across the market. The key reasons for you to consider us are as follows:

You can submit a two wheeler insurance claim online to your two wheeler insurer in two different ways. You can submit a reimbursement claim or a cashless claim to your insurer. Let us go through each of these claim categories in detail.

• Intimate your insurance company about the accident or mishap
• Survey will be done to estimate the damage
• Fill in the claim form
• Submit it to the insurance company along with the other required documents
• Insurance company will provide approval to the garage for repair
• Your two wheeler will be repaired at the network garage
• Insurance company will pay the repair bill directly to the garage
• You just have to pay the deductible amount (If any)

• Register the claim
• Fill in the claim form
• Submit it along with the other required documents
• Survey will be done to estimate the cost
• Once the repair done, the insurer conduct another inspection
• Pay the bills at the garage
• Submit all the bills and payment receipt to the insurance company
• Once the claim approved, the insurance company will pay the claim amount to you

Below mentioned is the list of documents that you required to submit at the time of filling a claim under two wheeler insurance plan:

• Visit the official website of the insurance company.
• Select the “Motor Insurance” tab.
• Then, select the “Two Wheeler Insurance” tab.
• Select "Renewals" from the menu section.
• Enter your policy number and Date of Birth.
• The next page will show you the amount that you need to pay.
• You can also customize your mediclaim plan as per your needs.
• Once you did the Renewal payment, your policy details will be sent to your registered e-mail address.