Bike Insurance

If you lose your bike insurance papers, ask your insurance company for a duplicate. Also, report the loss to the nearest police station to prevent potential problems later.

Premium is based on IDV, bike model/age, location, policy type, add-ons, and your no-claim history.

While there's no specific limit on the total claims per year, the total amount claimed should not exceed the bike's coverage. Reviewing the policy documents to understand these details and prevent any issues is advisable.

Comprehensive and standalone, own-damage bike insurance plans are offered for a tenure of one year. In the case of a new bike, the third party liability policy is issued for a tenure of 5 years as mandated by law. If you do not have a new bike and buy the third-party policy, the coverage would be allowed for one year.

If your policy expires before you could renew it, there is a 90-day grace period within which renewal is still possible. If you miss that as well, you will have to buy a new insurance policy.

It’s equally important to know what your policy excludes so you can avoid claim rejections and surprises.

• Mechanical breakdown: Routine mechanical or electrical failures are not covered.

• Normal wear and tear: Gradual deterioration like worn-out tyres or brake pads, isn’t claimable.

• Riding under influence: Claims are rejected if you're found riding under the influence of alcohol or drugs.

• Using bike for commercial purposes: Personal bike insurance does not cover damages if the bike is used for commercial purposes, such as delivery or rentals.

• Nuclear risks: Losses caused by nuclear radiation or contamination are excluded.

• War and war-like situations: Damages due to war, invasion, or other war-like operations are not covered.

• Consequential losses :Indirect losses such as loss of income due to damage, aren’t covered.

• Driving without valid license: Claims are void if you're found riding with an expired or invalid driving license.

• Expired or inactive insurance policy: If the policy has lapsed, any damages during that period won’t be covered.

• Participating in illegal racing: Incidents during speed tests, races, or reckless riding events are excluded.

• Unapproved vehicle modifications: Claims may be denied if the bike has undisclosed or unauthorized modifications.

• Outside geographical limits:Damages occurring outside Indian borders are not covered by standard policies.
  Understanding these ensures a smoother bike insurance online claim experience. Many of these exclusions can be covered with add-on covers. Check available add-ons for extended protection.