For people young and old, student or an executive when it comes to owning their dream bikes, fortunes are invested with regards to time and resources. The minutest of details are analysed before taking the big leap. The very idea that a two-wheeler will provide you with feet on wheels is fascinating for most people. Along with the adrenaline-gush of high-speed comes a fundamental responsibility of safety and well-being. Two-wheeler Insurance tries to provide you with the safeguard against the risk of riding a pillion. You owe a responsibility towards your family, to keep them out of distressful and harm’s way; and the best way to do it is through an effective two wheeler insurance policy.
HDFC ERGO Two Wheeler Insurance
HDFC ERGO’s Two Wheeler Insurance policy provides a comprehensive and cost-effective two-wheeler insurance plans that not only provides you with the optimum coverage but also is highly accountable and transparent, that means you get what you have opted for - no more surprises. We offer two-wheeler insurance plans that rev-up your confidence and allow you to enjoy a smooth ride on the bike of your dreams.
Two Wheeler Insurance Features
HDFC ERGO’s Two Wheeler Insurance policy provides coverage for the following:-
- Loss Of Or Damage To The Vehicle Insured:
Loss or damage to your vehicle caused by any one of the following events
- Accident by external means
- Burglary, House Breaking or Theft
- Fire, Explosion, Self Ignition, Lightning
- Terrorism, Riots, Strikes, Malicious Acts
- Transit by road, rail, inland waterways, air or lift
- Earthquake, Flood, Storm, Landslide or Rockslide
- Liability To Third Parties:
The two wheeler insurance policy would also cover your legal liability arising out of an Injury / Death of a third party and Property Damage of a third party incase of an accident involving your vehicle
- Personal Accident Cover For Owner-Driver:
The two wheeler insurance policy also provides for a mandatory Personal Accident Cover for Owner Driver for an amount of Rs. 1 Lac covering Accidental Death and Permanent Total Disability.
Two Wheeler Insurance Premium
Sum Insured
The two wheeler insurance coverage for your Vehicle would depend on the manufacturer’s listed selling price less depreciation for each year or the IDV (Insured’s Declared Value). The IDV would be the maximum amount payable in the event of a claim for Total Loss / Theft.
The premium on your Two Wheeler Insurance policy would depend on:
- Year of Manufacture
- Vehicle Model
- Cubic Capacity
- Place of Registration
- Ex-showroom Price of the Vehicle
- No Claim Bonus Percentage, if applicable
- Previous Claims History
Two wheeler Insurance Exclusion policy
- General Ageing, wear and tear
- Damage by a person driving without a valid driving license
- Mechanical or Electrical breakdown, failure
- Damage by a person driving under the influence of Liquor/Alcohol/Drugs
- Depreciation, any consequential loss
- Loss/Damage attributable to War/Mutiny/Nuclear risks
- Damage to tyres / tubes, unless damaged in an accident
- Loss/Damage, outside India
*Please note these are illustrative exclusions. For a detailed list, kindly refer
the policy wordings.
*This content is descriptive only. Actual coverage is subject to the language of
policy issued.
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