Drive without fear of paying fines for next 3 years.Buy long term two wheeler insurance now !

What is Bike Insurance?

Bike insurance offers insurance coverage against liabilities which may arise from unforeseen incidents like accident. If you are not able to renew your policy before it’s expiry date it falls in lapsed state and any claim raised during this period is liable to get rejected. Also It is mandatory under the Motor Vehicles Act 1988 and the recently passed Motor Vehicles (Amendment) Act 2019 for all the bike drivers to have valid bike insurance at all times.

Why choose HDFC ERGO Bike Insurance?

Just as every little thing that you own is nurtured and protected, your Bike also needs to be safeguarded against the effects of accidents, natural calamities, theft, and malicious damage. Imagine, in a world where minor repairs and maintenance costs you a lot, what would be the stretch of expenses that you may have to make if your vehicle is stolen or gets damaged totally? Your finances go for a toss as you will have to bear the expenses for repairing it. To avoid such a financial loss and stay protected, it’s advisable to buy a Bike Insurance Plan with comprehensive cover. This covers your own vehicle’s damage as well as third party liabilities. The below offerings are aptly designed to secure you from unforseen expenses.

Which are the factors that affect the bike insurance premium?

Factor that affect the bike insurance premium include

  • Type Of Insurance Coverage: Premium for Third Party liability insurance plan is lesser than the Comprehensive Insurance, but as far as coverage goes, third party liability covers damages to third party property or any body injury to third party whereas Comprehensive insurance covers liability due to third party but also damage to car from natural calamities and man made events.

  • Type of Vehicle: Manufacturing year of the vehicle, fuel type, model, cubic capacity of the engine, current valuation, place of registration, etc. also affect the premium amount

  • Rider Particulars: When you opt for a rider like Zero Depreciation Cover, Return to Invoice Cover, Roadside assistance, the premium for the bike increases slightly

  • Modifications made: Modifying your two-wheeler may improve its appearance or performance.However, insuring each modified part can increase the premium of the policy significantly. It is advised to insure every modified part separately because if any of the modified parts get damaged it can cause huge financial losses.

  • No Claim Bonus: No claim bonus (NCB) is a discount offered by insurance companies to reward the policyholder for not making any claim under the expiring policy.. NCB is a significant discount and one can even get up to 50% NCB discount on bike insurance. This discount is offered on own damage renewal premium.

Bike Insurance Plans

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Single Year Comprehensive Insurance
  • This insurance protects your ride totally for 1 year. It covers damage caused to your vehicle due to theft, accident or calamity.

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Standalone Motor Own Damage Cover - Bike
  • Your search for the much needed own damage cover only for your bike or scooter ends here.
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Long Term Comprehensive Insurance
  • This insurance protects your ride totally for upto 5 years. It covers damage caused to your vehicle due to theft, accident or calamity.
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Liability Only Insurance 
  • Get this third party insurance cover to insure the damages or injuries caused to third party person or property.

ADD ON COVERS

Zero Depreciation Cover

Get the Entire Amount With Zero Depreciation Cover!

Usually, insurance policies cover claim amount after the deduction of the depreciation. But, with a zero-depreciation cover, no deductions are made, and you get the entire amount in your hands! The battery costs and tyres do not come under zero depreciation cover though.


How does it Work?:If you car is damaged and the claim amount is Rs 15,000, out of which insurance company says that you need to pay 7000 as depreciation amount excluding policy excess/deductible. If you buy this add on cover then, the insurance company will pay the entire assessed amount. However, policy excess/deductible needs to be paid by the customer, which is quite nominal.

Emergency Assistance Cover

We’ve got you covered!

We are here to offer you round-the-clock assistance to deal with emergency breakdown issues. The emergency assistance cover includes minor repairs on site, lost key assistance, duplicate key issue, tyre changes, battery jump starts, fuel tank emptying and towing charges!


How does it work?:Under this add on cover there are multiple benefits which can be availed by you. For instance, If you are driving your vehicle and there is damage, it needs to be towed to a garage. With this add on cover, you may call the insurer and they will get your vehicle towed to the nearest possible garage upto 100 kms from your declared registered address.

Bike Insurance Comparison

  Comprehensive(Single year)Comprehensive(Long Term)  Third Party (Liability Only)
Accidental Damage   
Theft   
Damage due to fire   
Damage due to natural disaster   
Personal Accident cover   
Damage to a third-party vehicle   
Injury to a third-party person   
Zero DepreciationOptional Add-on  
Emergency assistance coverOptional Add-on  
Why HDFC ERGO?

Secured Over 1 Crore+ Smiles!

Take a quick look at our customer base, and you are sure to be amazed to see 1 Crore+ smiling faces! The multitude of awards received by us including the IAAA and ICRA ratings further speak about our trustworthiness, credibility and highest claim paying abilities!
Why HDFC ERGO?

Overnight Car Repair Services

The stars might refuse to shine, but we will never refuse to repair! We repair minor accidental damages from dusk to dawn without any hassle. You can simply get in touch with us; we will get your car picked at night, repair it and deliver it by morning at your door step .We offer these services in 13 cities at present!
Why HDFC ERGO?

Transparency at its best

Transparency holds the key to our transactions, and you can be assured of getting the seamless claim procedures. With 30 Minutes*** claim approval & online claim intimation via QR code we’ve been winning customer smiles everywhere.
Why HDFC ERGO?

All the support you need-24x7

Get hassle-free support every day, every week whenever and wherever you need! With our dedicated in-house claims team and customer support, we ensure every query is responded . Isn’t that great? To know someone has your back even in the middle of the night?
Why HDFC ERGO?

Go Paperless! Go Boundless!

Why stick to age-old time-consuming paper works when HDFC ERGO can get all your works done paperless? The online transactions make you boundless and free! Your time is valued at HDFC ERGO!
Why HDFC ERGO?

Secured Over 1 Crore+ Smiles!

Take a quick look at our customer base, and you are sure to be amazed to see 1 Crore+ smiling faces! The multitude of awards received by us including the IAAA and ICRA ratings further speak about our trustworthiness, credibility and highest claim paying abilities!

Overnight Car Repair Services

The stars might refuse to shine, but we will never refuse to repair! We repair minor accidental damages from dusk to dawn without any hassle. You can simply get in touch with us; we will get your car picked at night, repair it and deliver it by morning at your door step.We offer these services in 13 cities at present!

Transparency at its best

Transparency holds the key to our transactions, and you can be assured of getting the seamless claim procedures. With 30 Minutes*** claim approval & online claim intimation via QR code we’ve been winning customer smiles everywhere.

All the support you need- 24 x 7!

Get hassle-free support every day, every week whenever and wherever you need! With our dedicated in-house claims team and customer support, we ensure every query is responded .Isn’t that great? To know someone has your back even in the middle of the night?

Go Paperless! Go Boundless!

Why stick to age-old time-consuming paper works when HDFC ERGO can get all your works done paperless? The online transactions make you boundless and free! Your time is valued at HDFC ERGO!

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Frequently asked questions

Two wheeler insurance is an insurance policy required to provide protection to your two wheeler against any damage which might result intova financial loss. In addition to it, any third party liability which has arisen due to the use of your two wheeler is covered under two wheeler insurance. As per the Motor Vehicle Act, it is mandatory to buy a Liability only policy without which one cannot use the vehicle on road.
A comprehensive insurance policy provides protection to your two wheeler due to any impact damage, fire, theft, earthquake etc. In addition to this, it provides cover against any third party liability in term of death, bodily injury and third party property damage.
There two types of insurance policies – comprehensive and third party liability. Comprehensive insurance ensures complete protection to your  two wheeler  due to any impact damage, fire, theft, earthquake etc. In addition to this, it provides cover against any third party liability in term of death, bodily injury and third party property damage. However, third party liability, which is the mandatory cover protects your vehicle against third party liability against person and property.
There are various long term policies available as below: - For brand new two-wheeler – As per Supreme Court directive, customer can choose from the mentioned options:
  1. i. Liability only policy for a policy duration of 5 years. This policy provides coverage against third party liability in terms of death or injury or third party property damage
  2. ii.Package policy for a policy duration of 5 years. This policy provides a comprehensive cover to protect your vehicle due to any impact damage, fire, theft, earthquake etc. In addition to this, it provides cover against any third party liability in term of death, bodily injury and third party property damage.
  3. iii. Bundled policy for a policy duration of 5 years. This policy provides cover to own damage for one year and 5 years for third party section.
  4.  

    For one year old two wheeler – you can choose from the mentioned options: i. Package/Liability policy for upto 2 or 3 years policy duration 

Yes, the Motor Vehicle Act states that every motor vehicle plying on the road has to be insured, with a Liability Only policy at the very least.
Zero depreciation is an add-on cover and has to be purchased by paying additional premium. It offers complete coverage to your two wheeler without factoring into depreciation. For instance, if your vehicle is badly damaged, then you don’t need to pay for any depreciation charge and will be eligible for full claim amount subject to terms and conditions of the policy. Applicable for 1 year policy.
Emergency assistance is an add-on cover and has to be purchased by paying additional premium. It has multiple benefits like breakdown assistance, tyre replacement, towing, fuel replacement etc which can be availed during the policy duration. Customers need to call up the customer care number mentioned on the policy for availing these benefits. Applicable for 1 year policy.
You can easily renew your expired policy online. No inspection is required and you may simply buy the policy online. Once the payment is made, you will receive the policy copy.
No Claim Bonus is valid upto 90 days from the previous policy expiry date. If the policy is not renewed within 90 days, No Claim Bonus will become 0% and no benefit shall be passed on to the renewed policy.
You can change your policy details online through our website hdfcergo.com. Visit the 'HELP' section on the website and place a request. To place request or explore services, click here
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