Owning a bike gives you freedom - but it also comes with responsibility. Indian law requires every rider to have valid two-wheeler insurance before hitting the road.
With PolicyBachat, you can compare bike insurance plans from top insurers, check premium, IDV, and add-ons, and buy or renew your policy in minutes - all online.
Whether you ride a commuter bike, sports motorcycle, or scooter, our platform helps you find the best coverage at the lowest price, customized for your city, RTO, and usage pattern.
This hub covers everything from buying and renewing bike insurance to claim tips, NCB, add-ons, and regional insights for Hyderabad, Telangana.
Why Two-Wheeler Insurance Is Mandatory
Under the Motor Vehicles Act, 1988, every two-wheeler must have Third-Party Liability insurance.
It protects you against:
- Legal liabilities from third-party injuries or property damage.
- Fines and penalties for uninsured riding.
- Financial loss during accidents, theft, or natural disasters (with comprehensive policy).
Riding without valid insurance can lead to fines up to ₹2,000 and/or license suspension.
Types of Two-Wheeler Insurance
| Type |
Coverage |
Best For |
| Third-Party Only |
Covers damage to others but not your own bike. |
Budget-conscious riders, older bikes. |
| Comprehensive Policy |
Covers third-party + own damage (accident, theft, fire, flood). |
Most riders, especially new or high-value bikes. |
| Standalone OD Cover |
Adds own-damage protection to an existing third-party policy. |
Riders who already have long-term TP cover. |
Key Benefits of Two-Wheeler Insurance
- Legal compliance - avoid penalties.
- Financial protection for accidents, theft, and natural calamities.
- Cashless repair across 7,000+ garages.
- Retain NCB up to 50% on claim-free renewals.
- Affordable - premiums start as low as ₹500/year.
- Instant digital policy with zero paperwork.
Add-Ons that Enhance Coverage
- Zero Depreciation Cover - full claim payout without deduction.
- NCB Protect - retain NCB even after one claim.
- Roadside Assistance - breakdown support anywhere in India.
- Return to Invoice (RTI) - full invoice value in case of theft or total loss.
- Personal Accident Cover - ₹15 lakh coverage for owner-driver.
Localized Section For Hyderabad
- Most popular bikes insured: Honda Activa 6G, Royal Enfield Classic 350, TVS Apache RTR 160.
- Avg. annual premium in Bengaluru: ₹1,450.
- Top insurers with garages in Karnataka: HDFC ERGO, Bajaj Allianz, ICICI Lombard.
- % of riders opting for comprehensive cover: 72%.
How to Buy or Renew Online
- Visit PolicyBachat and select “Two-Wheeler Insurance.”
- Enter bike registration number and city.
- Compare quotes from multiple insurers instantly.
- Choose coverage and add-ons.
- Pay online and get policy PDF instantly.
(Renewals take under 3 minutes - no inspection for active policies.)
FAQs
Is two-wheeler insurance mandatory in India?
Yes, third-party insurance is legally required for all vehicles.
Can I buy bike insurance online?
Absolutely - PolicyBachat lets you compare and buy instantly.
What is the minimum insurance for bikes?
Third-party liability cover.
Does bike insurance cover theft?
Yes, under a comprehensive policy.
How long does policy renewal take?
Usually under 3 minutes online.
Can I renew expired bike insurance?
Yes, with inspection if lapsed over 90 days.
What is NCB in bike insurance?
A discount for claim-free years - up to 50%.
Can I transfer insurance when selling my bike?
Yes, within 14 days to the new owner.
Do electric bikes need insurance?
Yes, all road-legal EVs require insurance.
How can I lower my bike insurance premium?
Maintain NCB, avoid small claims, and compare annually.
Does Zero Dep cover plastic parts on bikes?
Yes, 100% replacement without depreciation.
Can I insure a second-hand bike?
Yes, after ownership transfer.
Is long-term bike insurance available?
Yes, 2–5 year packages are available.
Can I pay bike insurance in EMI?
Some insurers allow it for long-term policies.
What is personal accident cover in bike insurance?
₹15 lakh coverage for owner-driver (mandatory by IRDAI).
Customer Reviews
- “Renewed my bike insurance in under 2 minutes - zero hassle.” - Ravi G., Delhi
- “Saved 30% compared to my old insurer.” - Sneha D., Hyderabad
- “Great for comparing Zero Dep options.” - Arjun P., Pune
- “Quick claim support after minor accident - seamless.” - Kavita R., Chennai
- “Good discounts for multi-year policies.” - Vikram T., Bengaluru
- “Got instant PDF policy right after payment.” - Priya M., Mumbai
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