Reliance Two Wheeler Insurance

About Reliance General Insurance Company

Reliance General Insurance Company provides various insurance solutions including health, home, travel, marine, and motor insurance. The company has 139 offices and over 26,587 intermediaries spread across India. As one of the leading general insurance companies in India, it has a huge customer base consisting of corporates, SMEs, and individuals.

Reliance General Insurance Two Wheeler Insurance Overview

Reliance General Insurance Two-Wheeler Insurance – An Overview
Add-On Covers
  • Personal Accident Cover
  • Nil Depreciation
Incurred Claim Ratio 81.47%
Inclusions
  • Own damage as well as third party damages caused due to natural calamities are covered.
  • Damages due to man-made calamities like riots are covered.
Exclusions
  • General wear and tear of the vehicle
  • Electrical and mechanical breakdown
  • Losses incurred while driving under the influence of alcohol or any other intoxicants
  • Damage due to decrease of the value of the vehicle
Cashless Network Garages 430 network garages available
Third-Party Cover Third-party coverage offers protection from losses incurred due to third-party damage
Bonus / Discounts No Claim Bonus
Personal Accident Coverage Reliance General Insurance offers a personal accident cover of Rs.15 lakh
Policy Term 1 year to 3 years

Reliance General Two-Wheeler Insurance

Reliance General Bike Insurance Policy has been designed to provide two-wheeler owners the much needed protection against hazards that result in financial losses. The policy offers coverage against a wide variety of natural and man-made disasters, and other incidents that are beyond human control. Here are the key features of the policy:

  • Get a quick quote with minimum paperwork
  • Motorcycle insurance for as low as Rs.3/day
  • Hassle-free and convenient claim settlement process
  • A network of over 430 cashless garages in India
  • Customised add-on covers to enhance the scope of your insurance policy
  • Long-term insurance policy for a period of 3 years

Two-Wheeler Insurance Policies Offered By Reliance General Insurance Company

Reliance General Insurance Company offers a third-party liability motor insurance policy which protects the insured against financial and legal liabilities arising out of loss or damage caused to a third person or their property in an accident involving their vehicle. It also offers a comprehensive bike insurance policy which covers the insured against a wide range of incidents that result in loss or damage to the vehicle or personal loss due to an accident. The table below depicts the difference between both the policies:

THIRD PARTY LIABILITY COMPREHENSIVE COVERAGE
Covers third party liabilities only Covers own damage as well as third party liability
Lesser premium, cheaper than comprehensive insurance policy Higher premium
Minimum level of insurance as mandated by law Not compulsory by law but most recommended
Covers damages resulting due to vehicular collision Covers damages to the vehicle caused due to theft and natural disasters as well as vehicular collision

Benefits of Reliance Two Wheeler Insurance:

Having a comprehensive insurance policy can be of great help in case you encounter an untoward incident on the road. Reliance Two Wheeler Insurance offers both the comprehensive insurance policy and the minimum third-party liability cover. The cost involved in holding an insurance will also come down if you do not make claims with the No Claim Bonus benefit. Listed here are some of the advantages including No Claim Bonus that will be available if you opt for Reliance Two Wheeler Insurance

Add-On Covers Available

Zero Depreciation Cover: The add-on cover removes the effects of depreciation on the Insured Declared Value (IDV) of the vehicle.

Medical Cover: This add-on cover ensures that a policyholder gets sufficient medical assistance at the time of an accident. It covers the medical costs for treatment in case of an accident.

Cashless Hospitalisation: The add-on cover assures medical treatment at network hospitals without the need of advance cash payments at the hospital.

Personal Accident Cover: This add-on cover covers the rider of the vehicle against an accident anywhere in the globe. The cover also ensures financial compensation in case of accidental death or permanent total disability. Below are the details of benefits under the personal accident add-on cover:

Table of Benefits Coverage Amount of Compensation (percentage of Capital Sum Insured) Capital Sum Insured (In Rupees)
A Death or permanent disability 100% 500,000
B Loss of eyesight of both the eyes or physical separation of two limbs 100% 500,000
C Loss of eyesight of one eye or physical separation of one limb 100% 500,000
D Physical separation or loss of one limb or loss of sight of one eye 50% 500,000

Coverage Offered Under Reliance Two-Wheeler Insurance Policy

Reliance Two Wheeler Insurance Coverage

The two-wheeler insurance policy offered by Reliance General Insurance Company covers the insured against losses or damages caused to the vehicle due to any of the following incidents:

Natural Calamities: The policy covers the insured against damages or losses caused to the vehicle due to natural calamities such as fire, frost, flood, tempest, earthquake, explosion, cyclone, lightning, landslide, rockslide, hailstorm, hurricane, and more.

Man-Made Calamities: Man-made calamities include theft, vandalism, terrorism, self-ignition, riots & strikes, malicious acts, and more.

Other incidents: Loss or damage to the vehicle due to other incidents such as accident, loss or damage in transit, self-ignition, and others too are covered under the policy.

Exclusions Under Reliance Two-Wheeler Insurance

The following instances are not covered under the two-wheeler insurance policy offered by Reliance General Insurance Company.

  • Depreciation in the value of the vehicle
  • Breakdown of electrical/mechanical nature
  • Use of vehicle against its limitations
  • Damage caused to the vehicle by a person driving the vehicle under the influence of any intoxicating substance
  • Damage caused to the vehicle be a person driving the vehicle without a valid driving license
  • Consequential loss
  • Compulsory deductibles at the time of insurance claim
  • Damage caused to tyres and tubes (unless the vehicle is also damaged at the same time)
  • Loss or damage to the vehicle accessories

No Claim Bonus

The No Claim Bonus is provided by the insurer to its customers if there are no claims made on the two-wheeler insurance policy during the preceding years. The same can be transferred to the new vehicle. The NCB is accumulated on an annual basis as shown in the table below.

Number of claim-free years Discount
1 year 20%
2 consecutive claim-free years 25%
3 consecutive claim-free years 35%
4 consecutive claim-free years 45%
5 consecutive claim-free years 50%

How to Buy/Renew Reliance Two-Wheeler Insurance Policy Online

You can buy or renew your two-wheeler insurance policy with minimum documentation through the official website of Reliance general Insurance. All you need to do is enter the basic details about you and your vehicle and select the plan after which you can calculate the premium and make the payment. After you complete the process, you will be able to download the digitally signed insurance document. The same will also be sent to you via email.

Registration of Claims

In any incident resulting in damage or loss to the vehicle, you may register your insurance claim by calling on the below-mentioned toll-free number: 1800 3009

Reliance General Two-Wheeler Insurance Claim Settlement Process

1. Register your bike insurance claim by calling on 1800 3009 (toll-free number)

2. Take your two-wheeler to any of the nearest authorised network garage for repair.

3. Submit the required documents to the surveyor.

4. The insurer confirms the liability.

5. The repairs can be done at the authorised cashless garages of the company.

6. In absence of cashless facility, the insured needs to make payment for the repairs. The bills of the same can be submitted to the insurer for final settlement.

Delivery of the vehicle

Documents Required To File An Insurance Claim

1. For Damages Due To Accident:

  • Duly-filled claim form
  • Insurance certificate
  • Copy of vehicle Registration Certificate (RC)
  • Copy of Driving License
  • Police FIR (for third-party property damage/body injury/death)
  • Repair bills and payment receipts
  • Any other document as required by the insurer

2. Theft Cases:

  • Insurance Certificate/Policy Document
  • Vehicle RC (original)
  • Theft endorsement from the concerned RTO
  • Tax payment receipt
  • Details of existing insurance
  • Policy number
  • Details of the insurer
  • Validity of insurance
  • Sets of keys/service book/warranty cards
  • Police FIR and FIR
  • Copy of letter intimating the RTO about the theft
  • Any other document as required by the insurer

Reliance General Insurance Contact Details:

For any queries or concerns related to two-wheeler insurance or any other general insurance solution offered by Reliance General Insurance Company, you may reach out to the customer care team using the following contact information Email Address: rgicl.services@relianceada.com Toll-free Number: 1800 3009

Reliance General Insurance Branch Offices

You may also visit your nearest Reliance General Insurance branch office to buy or renew your two-wheeler insurance policy or to get assistance with any other related issue. Here is the list of branch offices in important Indian cities:

New Delhi

Branch Address And Contact Number
Connaught Place Flat No-10-15, 14th Floor, Vijaya Building, 17, Barakhamba Road, Connaught Place, New Delhi-110001 Phone Number: 011-39975617
Okhla Plot No - D160/2, 2nd and 3rd floor, Okhla Industrial Area Phase 1, New Delhi Phone Number: 011-30913560
Laxmi Nagar Flat no. 408-412A, 4th Floor, Plot No.21, Metroplex East, (Old Radhu Cinema), Distt. Centre, Laxmi Nagar, Delhi-110092. Phone Number: 011-39827100
Janakpuri West C-1 IIIrd Floor, New Krishna Park , Beside Janakpuri West Metro Station, New Delhi - 110018 Phone Number: 011-30292925
Okhla Industrial Area Plot No - D160/2, 2nd and 3rd floor, Okhla Industrial Area Phase 1 Phone Number: 011-30913560

Pune

Branch Address And Contact Number
Ramabai Ambedkar Road Heritage House, Ground floor, 6 Ramabai Ambedkar Road, Pune Phone Number: 020-30565149

Ahmedabad

Branch Address And Contact Number
Ellisbridge 3rd Floor, Zodiac Avenue, Opp. Mayor's Bunglow, Near. Law Garden, Ellisbridge, Ahmedabad Phone Number: 079-30266966
Maninagar 4th Floor, Poonam Plaza, Above ICICI Bank, Main Rambaug Road, Maninagar, Ahmedabad, Phone Number: 079-39832184

Chennai

Branch Address And Contact Number
T Nagar Old No 15, New No 29, 3rd Floor, North Usman Road, T Nagar, Chennai Phone Number: 044-30062371
Anna Nagar H Block, 4th street, Door No 12, H 2035, 15th Main Road, Anna Nagar (West), Chennai Phone Number: 044-30925816

Hyderabad

Branch Address And Contact Number
Abids Road 4-1-327 TO 337,IV Floor, Sagar Plaza, Abids Road, Hyderabad Phone Number: 040-39838550
Musheerabad 1st Floor, Vijetha Sanjeevani, H.NO.6-4-8, Opp. Gandhi Hospital, Musheerabad, Hyderabad Phone Number: 040-69000322

Bangalore

Branch Address And Contact Number
Rajajinagar UNNATI ARCADE, 5/111 & 6/112, 1st floor, 1st Block, Dr. Rajkumar Road (1st main road), Rajajinagar, Bangalore - 560010 Phone Number: 080-41900202
Jayanagar 2nd floor, SM Towers, 11th Main, 3rd Block, Jayanagar, Bangalore Phone Number: 080-30480894
BTM Layout 2nd Floor, Balaji Enclave No 782,2nd Floor, Above Bata Showroom, 16th Main, 2nd Stage, BTM Layout, Bangalore Phone Number: 080-39860971

Kochi

Branch Address And Contact Number
Edappally P O 2nd Floor, Kurikkal Arcade, NH-47, Near Changampuzha Park, Edappally P O, Ernakulam (Dist), Phone Number: 0484-3327842

Kolkata

Branch Address And Contact Number
J L Nehru Road Himalaya House 8th floor,38 B J L Nehru Road, Kolkata Phone Number: 033-30274578
J L Nehru Road Himalaya House 5th floor,38 B J L Nehru Road, Kolkata Phone Number: 033-30274578

Mumbai

Branch Address And Contact Number
Santacruz Reliance Centre, South Wing, 4th Floor, Off. Western Express Highway, Santacruz (East), Mumbai Phone Number: 022-33031000
Borivali (West), Tiara building, 4th Floor, Chandavarkar Lane, Borivali (West), Mumbai Phone Number: 022-30885709
Goregaon East 4th Floor, Chintamani Avenue, Next to Virwani Industrial Estate, off western express Highway, Goregaon East, Mumbai-400063 Phone Number: 022-33123123
Dadar West Apple Plaza, Unit no. 301, 302 and 303, Senapati Bapat Marg, Dadar West, Mumbai Phone Number: 022-33458000
Ghatkopar (E) 210,Sai infotech, 2nd flr, R.B. Mehta Marg, Patel Chowk, Ghatkopar (E), Mumbai Phone Number: 022-39981325
Mumbai Fort 21 Veena Chambers Ground Floor Dalal Street Mumbai Fort, Mumbai Phone Number: 0-7666828135
Vashi 3rd Floor, Apeejay Express, Plot No. 87, Sector 17, Vashi, Navi Mumbai Phone Number: 022-39101041

Reliance Two Wheeler Insurance Frequently Asked Queries:

  1. Is it possible to buy or renew Reliance Two-Wheeler Insurance Online? Yes, you can buy a new insurance policy or renew your existing insurance policy on the official website of Reliance General Insurance. All you need to do is fill in some basic details about your vehicle, calculate the premium (using the premium calculator feature), and make the necessary payment. The whole process hardly takes a few minutes.
  2. What is Third-Party Liability Insurance Policy?

    Third-Party insurance is the minimum form of motor insurance enforced by the law. It covers the insured against financial and legal liabilities in case of physical injury or death caused to a third person or damage caused to their properties. The policy only covers third-party liability and hence it is recommended to get a comprehensive insurance policy.

  3. What are the benefits of a zero-depreciation add-on cover?

    The zero depreciation cover assures 100% repayment on depreciated parts (except for tyres and tubes) at the time of claim. This will help you save significant cost on the repair and retrieval of the vehicle. However, this add-on cover is applicable only for two-wheeler models not older than two-years.

  4. What are the factors that affect the premium of a two-wheeler insurance policy?

    The following are some of the main factors that determine the premium of a motor insurance policy:

    • Make and model of the vehicle
    • Cubic Capacity (CC) of the vehicle
    • Place of registration
    • Age of the vehicle
    • Type of cover opted for
    • Add-on covers opted for, and more
  5. What are the available modes of payment if I buy a two-wheeler insurance online?

    Reliance General Insurance allows you to use the following modes of payment while buying or renewing your two-wheeler insurance policy online:

    Credit Card

    Netbanking

    Debit Card

    (The company accepts all Mastercard, American Express cards, Visa, and other international credit cards)

  6. What to do if my two-wheeler is stolen?

    In case of theft of the vehicle, the incident should be reported at the nearest police station and an FIR should be filed. The copy of the FIR will be needed to file an insurance claim.

  7. How do I register an insurance claim?

    To file an insurance claim in case any damage or loss occurs to your two-wheeler, you may call on 18003009 to get the needed assistance. You may also register your claim online on the official website of Reliance General Insurance.

  8. I am planning to buy Reliance two wheeler insurance policy online. What details do I have to provide?

    You will be required to provide details like registration number, chassis number, engine number, previous policy number, date & place of purchase, contact details and vehicle manufacturing date. Also, you need to have a copy of your vehicle’s RC book.

  9. What is No Claim Bonus (NCB)?

    Policyholders get a discount on the premium if they have not claimed anything the previous term, this discount is referred to as NCB. No Claim Bonus can also be accumulated on a monthly basis starting at 20% for the first year of claim free renewal and 25% for the next year and so on.

  10. How is the IDV calculated?

    IDV or the Insured Declared Value is calculated by adjusting the manufacturer’s listed selling price against the depreciation percentage which is based on the age of vehicle.

  11. I recently got a new leather seat cover. Can I get it insured at the middle of my policy term?

    Of Course! Send a written request to Reliance and share all the details about the accessory. Also, since leather cover is a non-electrical accessory, you will have to pay an extra premium to get it covered.

  12. How is the premium for my two-wheeler vehicle decided?

    The premium is decided based on factors like the cubic capacity, insured declared value of the vehicle, age and model, place of registration of the vehicle, add-on covers opted for and the type of cover selected by you.

  13. Can I pay my two-wheeler insurance premium online?

    Yes, you can make an online payment using credit cards, Debit cards using ATM Pin or 3D secure code and also using Net Banking.

  14. In case of a theft of vehicle, what should I do?

    You should report the theft to the nearest police station as soon as possible and register a claim by contacting the nearest Reliance office or through the online portal.

  15. When can I make a personal accident claim?

    You can make a PA claim if the policy is in your name and you are the registered owner of the two-wheeler. Also, if the motor insurance policy includes an owner-driver, paid-driver or unnamed passenger, you can make a personal accident claim.

  16. What is the extra premium that will be charged for insuring the electrical accessories?

    An extra premium of 4% of the cost of accessory has to be paid for insuring it.

  17. What is the cashless garage facility?

    In case of an emergency, you can reach out to any of the 159 network garages where you can get your two-wheeler serviced free of cost.

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