Which Bike Insurance Is Best In India?

The best bike insurance service provider should have a good bike insurance premium charged by the best insurance companies differs as per the coverage offered by the insurance companies. There are few factors that are to be considered before selecting the best bike insurance that provides claim settlement ratio & Cashless garages, IDV, Riders or Add-ons, Premiums, After Sales service, etc.

My Bike Insurance is Expired, How to Renew It?

Bike insurance renewal has never been easy with the introduction of online insurance portals. PolicyBachat helps to renew your bike insurance policy as you can have many options from different insurance companies. The process of renewing bike insurance is simple, you can renew your bike insurance by following the below steps:

Step 1: Visit our online portal online portal and proceed to the data entry section or call our toll free number for assistance.

Step 2: The next step in using the bike/two wheeler insurance premium calculator is to enter the below details clearly and correctly.

  • Make and model of the two wheeler – Bajaj is the Make while Platina is the Model
  • Enter the RTO in which the two wheeler is registered
  • Enter the registration date of your two wheeler bike.

Step 3: The premium from different insurance companies is displayed in this step. Select the best insurance company as per your requirements and proceed to the payment page. Instant policy would be available after the payment is completed.

What Is The Cost Of Third Party Bike Insurance?

The cost of third party bike insurance depends on the cubic capacity of the two wheeler bike. Higher the cubic capacity, higher would be the premium. The third party premium of your bike is calculated on the basis of the cc and a compulsory owner/driver personal accident cover would be added if the registration is in individual’s name. Below is the cost for third party bike insurance policy:

Engine Capacity Third party premium
Not more than 75cc Rs.482
More than 75cc but less than 150cc Rs.752
More than 150cc but less than 350cc Rs.1193
More than 350cc Rs.2323

Is SBI Bike Insurance Good?

Yes, SBI bike insurance is good on its insurance purchase or claims, coverages, and add-ons, etc. The company has a good claim settlement ratio of 92.05%. The claim settlement is simple and quick and hassle-free. SBI Bike Insurance is an extremely popular motor insurer company offering both comprehensive and liability only policy for private bikes.

The company has one of the highest networks of garages assuring cashless repairs across India. It offers various add-on covers for coverage enhancement as well as several discounts to reduce the amount of premium charged. If you want to get your bike repaired without any hassles, bike insurance by SBI is a good option.

Is Reliance Bike Insurance Good?

Yes, Reliance bike insurance is good on its insurance purchase or claims, coverages, and add-ons, etc. The company has a good claim settlement ratio of 84.63%. The claim settlement is simple and quick and hassle-free. Reliance bike insurance is offered by Reliance General Insurance Company, which is one of the leading insurance service providers in India. The plan is customized to cover a bike from unforeseen incidents, like road accidents and third party liabilities, leading to a financial burden.

Is Kotak Mahindra Bike Insurance Good?

Yes, Kotak Mahindra bike insurance is good on its insurance purchase or claims, coverages, and add-ons, etc. The company has a good claim settlement ratio of 75.66%. The claim settlement is simple and quick and hassle-free. Kotak Mahindra Bike Insurance offers comprehensive protection plans to private bikes in India.

It allows you to customize your policy besides offering a range of add-on covers that can extend the scope of coverage. The company settles reimbursement claims within seven days of documents submission. With several network garages across the country and discounts available on premium, bike insurance plans by Kotak Mahindra is sought-after by bike owners in India.

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Two Wheeler Brands

Two Wheeler Insurance Companies

  • Shriram Bike Insurance
  • Oriental Bike Insurance
  • Acko Bike Insurance
  • Edelweiss Bike Insurance
  • IFFCO Tokio Bike Insurance
  • Navi Bike Insurance
  • Raheja QBE Bike Insurance
  • Royal Sundaram Bike Insurance
  • SBI Bike Insurance
  • Universal Sompo Bike Insurance

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