A two-wheeler insurance plan provides you with an unprecedented sense of security. It gives you complete peace of mind by protecting your bike from damages caused by natural disasters, road hazards, theft, and man-made disasters. So, get your two-wheeler insured today and enjoy every trip with the peace of mind that you are entirely covered.
Two-Wheeler Insurance Types
There are 2 types of two-wheeler insurances. They are mentioned in brief below:
Third-party motor insurance: Individuals, cars, or buildings who have been harmed or damaged by the policyholder's vehicle are covered under this type of two-wheeler insurance. It does not, however, cover any damage to the policyholder or their car. This is the most basic sort of two-wheeler insurance available, and it is required by law.
Comprehensive insurance: This type of car insurance is comprehensive, and it covers all of the components of third-party motor insurance, as well as injury or damage to you and your vehicle (known as own damage). Additionally, you can purchase a variety of additional benefits (add-ons) that differ by insurer. These plans range from a single year to three years of coverage for a single price. So, you don't have to worry about renewing your license every year. Long-term plans also help you save money because they are less expensive in the long run than buying and renewing single-year policies.
Navi Insurance Two-wheeler Insurance Plans
Navi insurance offers a COCORide insurance policy that provides customers with great financial protection if they meet any accident. The insurance policy is inexpensive, simple to use and provides customers with all-around coverage.
Features of Navi Insurance Two-wheeler Insurance Plans
The various features of Navi insurance two-wheeler insurance plans are mentioned below:
Bike insurance is available at Rs.586
No documentation required
The process for applying for insurance is fully digital
Immediate self-inspection done online
Add-ons Offered by Navi Insurance Two-Wheeler Insurance Plans
Navi insurance offers a variety of add-ons that customers can choose and pick to create a suitable insurance plan for themselves. The add-ons are mentioned below:
Roadside assistance: Towing, battery jump starts, spare key arrangements, breakdown phone support, alternate transportation, and even lodging are all available through roadside assistance if you are stranded outside of your city of residence.
Expenses that can be consumed: The expense of consumables such as screws, engine oil, nuts and bolts, gasoline filter, lubricants, brake oil, and grease, can be very frustrating. Consumable Expenses coverage will keep the customer from having to deal with these issues in the future.
Accidental hospitalization: Accidents always necessitate a trip to the hospital. This add-on takes care of the medical costs of both the driver and occupants.
EMI protector: This add on covers 3 months of EMI for vehicles under the insurance.
Outstanding loan protector: This cover provides repayment of the outstanding loan amount to the financier in the event of a two-wheeler accident that results in the death or permanent disability of the owner.
No claim bonus secure: NCB Secure protects the customer’s NCB if they need to claim the policy's term.
Hospi cash: When the person taking the insurance is hospitalised, hospi cash provides them with a predetermined amount of money. This amount is paid for a period of up to 5 days of hospitalisation following an accident with the vehicle.
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My two wheeler is insured with Bajaj Allianz and its a first party insurance. I have paid around 1400 to 1500 rupees for one year. I have no claims so far. I have not experienced with their customer service. I have received the insurance paper through email.
I have been with Liberty General for past 4.5years because it offers more service on less price. I have done claims as well, the documentation part is not much. I have paid only 1K for the claim amount of 22 to 23K. I have a Honda Unicorn with first party insurance plus full cover.
Last time when my bike got accident, I have contacted the customer care service but those people were not responding properly. Showroom people when i purchased the bike, they have provided the two wheeler insurance from National. When i checked with the showroom people, they said it takes lot of time to get a insurance amount so i have paid the money from my hand.
I have chosen the two wheeler insurance policy from New India since the premium is less. I have renewed the policy through online. This is a first part insurance. I have paid the premium amount of Rs. 1,000. They have sent the document through mail by next day. I have not approached them for any kind of claim. I bought the policy on 3 months before.
Purchased the two wheeler insurance from ICICI Lombard by this month. I have chosen it because the showroom people have recommended me about this company. I have paid the premium amount of Rs. 1800 including tax. They have given me a satisfied IDV value. This is a first party insurance. They have provided me no claim bonus also.
I used to purchase the two wheeler insurance from Reliance. They have good tie up with the garages hence its easy to do a claim. I got the insurance with the package when i bought the bike and i just keep on renewing it for almost 5 years. I renew the policy through online. I pay the premium amount of Rs. 5000 for the duration of 2 years. I haven't applied the claim till now hence they have provided me a no claim bonus. The policy is bit costly when i differentiate with others.
My two wheeler insurance was taken from Bajaj Allianz because they have given me a higher IDV value. I purchased the policy through online and the premium amount is comparatively less when i check with others. I have not applied for any claim till now. I have received a no claim bonus as well.
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Reviewed on Mar 06, 2020
I took my two wheeler insurance from National because its a good company. I have been renewing the policy with the same company for almost 7 years. I pay the premium amount of Rs. 900. Through online, i used to renew the policy. I do not have any claim experience with this policy.
By the showroom people, I got the two wheeler insurance from National. I have paid the premium amount of Rs. 7000 for the duration of 5 years. They have provided me a IDV value of Rs. 1 lakhs. This is a third party insurance. They gave me a policy documents on time. I have not experienced of any claim till now.
Truth about this company - If you take insurance from them, you'll end up paying high premium (highest in market) and will get the worst service ever possible. Customer care won't reply to any of your query for weeks, won't pass claims and if for some reason your money is stuck with them, consider it's gone forever.
Previously they have provided me a two wheeler insurance from New India but for the old vehicle they are not giving good IDV value. They are giving a IDV value based on the vehicle model. In the year of 2018, when i renewed the policy they have provided me a IDV value of Rs. 41000 but suddenly they have reduced upto 31000 so i have not continuing with them. In the year of 2016, i had applied the claim and they have done it in 1 month.
Chosen my two wheeler insurance from ICICI Lombard its because of the IDV value. I have paid the premium amount of Rs. 3200 for the duration of 2 years. They have provided me a coverage of Rs. 36000. By online, i have renewed my policy. I have got the mail immediately regarding the soft copy of the documents and i need to check about the hard copies.
Took my two wheeler insurance from ICICI Lombard and so far i have done the claim twice and it got passed so fast. When i bought the bike, the showroom people provided me a free insurance from ICICI Lombard hence i am continuing with the same. My policy got expired 2 months before and I'm receiving the reminder calls regarding the renewal.
Taken my two wheeler insurance from Bajaj Allianz. When i taken scooter, the supplier has provided me this policy and I'm continuing with the same insurer. I have paid the premium amount of Rs. 3500 which covers for 3 years. They are giving me a IDV value of Rs. 48000. I used to renew the policy through Internet. I don't have any claim experience till now.
I have taken two wheeler insurance directly through Bajaj Allianz general insurance.The agent clearly shared the insurance process and this was a 1 year policy. I need to renew this policy every year .The policy documents are received on time. The process was very fast and smooth according to me.
New India is a very old insurance company in India thats the reason i opted my bike policy here. I have taken the claim when my bike got damaged and they have provided me a cashless option within 15 days. I pay the premium amount of Rs. 2800 and they are giving me a coverage amount of Rs. 50000. I go to the branch directly to renew the policy and overall good.
Since my bike is from Bajaj company, they have provided me a two wheeler insurance from Bajaj Allianz. I have paid the premium amount of Rs. 1500 for that they have provided me a sufficient IDV value. I used to renew the policy in the nearby petrol bunk. They will provide the policy documents immediately.
I have taken my two wheeler insurance from Oriental company. I have been paying the premium amount of Rs. 800 for that they are giving me a IDV value of Rs. 50000. I have not approached them for any claim till now. I used to renew the policy by visiting the branch and doing payment via cash or debit card.
Taken my two wheeler insurance from ICICI Lombard because the policy feature is good. ICICI Lombard people contacted me before the policy expiry time and i have renewed the policy with them again. I have paid the premium amount of Rs. 2000 for that they are giving me a coverage value of Rs. 90000. I used to renew the policy through online.
ICICI Lombard company is providing the policy in online, if i enter all my details on the site and also their process is very simple thats the reason i preferred to have a ICICI Lombard two wheeler insurance. For 3 years tenure, i have paid the premium amount of Rs. 6700. For the third party insurance its Rs. 1 lakh and bike cover is Rs. 1 lakh other than that personal injury or death covers. 1 lakh. I used to renew the policy through online.