What is Two Wheeler Insurance ?

Two Wheeler Insurance is mandatory in India, especially the third party liability cover. It is a protection cover that saves you from financial loss in case of an accidental damage or theft leading to total or partial loss of your two wheeler. Broadly, there are two types of insurance plan. Third party liability, which is the compulsory insurance and comprehensive plan. We recommend comprehensive cover over just third party liability as it offers a much broader coverage.

Why choose HDFC ERGO Two Wheeler Insurance ?

Just as every little thing that you own is nurtured and protected, your Two-Wheeler 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 Two-Wheeler 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.

Our Two Wheeler Insurance Plans

com-pre
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.

com-pre
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.
com-pre
Two Wheeler Liability Only Insurance 
  • Get this third party insurance cover to insure the damages or injuries caused to third party person or property.

How are the rates and prices calculated?

Our two-wheeler insurance premium is calculated basis the following factors - age of your two-wheeler, Make, Model, CC, RTO registration office and Add-on covers.

Click here to check the premium for your two wheeler instantly.

Calculate Premium

Calculating premium for two wheeler insurance is instant, easy and hassle-free. 

What is the meaning of Zero Depreciation and how does it work?

Depreciation refers to the loss of value due to wear and tear over the period of years. At the time of insuring your vehicle or selling your two wheeler, depreciation is deducted this lowers the value of your vehicle. And, insured declared value in the case of insurance. In case of an accident if your two wheeler is damaged, you may not be able to recover the entire expense incurred on the parts replacement. Insurer only pays for the replaced parts after deducting the depreciation amount. You will have to pay for the difference between the market value of the new part and the depreciated part of the two wheeler. With Zero Depreciation, this theory doesnt get applied as you are totally covered and no depreciation is applied on the parts giving you total protection. It reduces your out of pocket expenses and give total protection to your two wheeler.

What is the meaning of Emergency Assistance Cover and 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.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!

No Claim Bonus

In simpler terms No claim bonus or NCB is a reward in the form of premium discounts given by your insurer to you for making no claims. Its an award for your good driving skills and registering zero claims. The value of the discount depends upon the insurance claims you have made in that particular year.

Discounts offered by HDFC ERGO Two Wheeler Insurance

You can get upto 70% discount on Two Wheeler Insurance with HDFC ERGO!

What to do if bike insurance is expired ?

In case your bike insurance is expired, you can still buy a policy without any inspection instantly.

What is IDV – Insured Declared Value!

IDV is the maximum sum insured or cover, which is provided by the insurance company in case of a total loss due to damage or theft.

Two Wheeler Insurance Comparision

  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!

Other related articles

 

Other related articles

 

Frequently asked questions

Two wheeler insurance is an insurance policy required to provide protection to your two wheeler against any damage which might result into a 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.
Awards & Recognition
x