Reliance Two Wheeler Insurance

Owing to a population dominated by the middle class, the volume of two wheelers in India is one of the highest in the world. On the contrary, the number of vehicles with an active insurance coverage is dismal. The general awareness surrounding the need for insurance is bleak. For the owner, it is considered a burden on the wallet as they fail to realise the future indemnity it provides.

Backed by prowess in the general insurance sector, Reliance General provides comprehensive coverage for your two wheeler with a host of new age benefits backed by round the clock claims assistance and a massive network of garages for repair work. Plus, a host of add on covers are available to enhance the benefits of the two wheeler insurance policy.

Cashless Claim Networks

Cashless claim service is available at authorised network garages across India

Discounts

No Claim Bonus for 5 claim-free years is 50%. However, the percentage of the No Claim Bonus decreases as the number of claim-free years decreases.

Accidental Cover

Personal accident cover for death and permanent total disablement is 10% of the sum insured

Third Party Cover

The maximum cover for third-party property damage will be Rs. 1,00,000 in the case of two-wheelers.

Additional Covers

Reliance two-wheeler insurance personal accident cover, personal accident bundle cover, and NIL depreciation cover are provided.

Inclusion

Loss or damage to the insured vehicle due to fire / earthquake / flood / cyclone

Exclusion

Damage by a person driving under the influence of liquor / alcohol / drugs

Features & Benefits of Reliance General Bike Insurance

• You have the flexibility to purchase a two wheeler insurance policy online. Payment can be made conveniently through various channels, such as Paytm, Credit or Debit card, Net Banking, etc.
• The online method of policy purchase assures you an instant two wheeler insurance policy with absolutely no paperwork.
• Reliance Insurance has a reliable reimbursement process that offers quick and easy claim settlements.
• You can renew your two wheeler insurance policy without the need to get the vehicle inspected.
• You can avail cashless claim facility at a wide network of authorised garages.

Coverage of Reliance Two Wheeler Insurance plan

This comprehensive insurance policy covers a wide range of damages or loss caused to the insured vehicle which also includes damages caused to third party person or property. Damage or loss to the insured two wheeler due to the following is covered.

Pleasing Discounts on Premium Payments

Get discounts on your next premium payment in the form of NCB(No claim Bonus) and Voluntary Deductible. Plus, you also have an advantage of transferring the NCB to your new vehicle.

Details of the discounts on premium payment has been provided in the table below.

No Claim Bonus

A discount you’re entitled to for making no claims during the policy period. The discount is applicable on the premium amount during renewal of the policy.

An amount which the insured chooses to copay in the claim amount with the insurer. Higher your contribution in form of Voluntary Deductible, lower the premium.

Add On Cover Options

As an enhancement to the features of the standard two wheeler policy, Add on Cover options are available to help you customise the policy as per personal preference. Reliance General offers two optional covers. They are

Nil Depreciation Cover

By adding a nominal amount to the premium, you can be eligible to avail this cover which offers “Zero Deduction” based on deprecation, which simply means that your claim is fully reimbursed without deductions. In case of a major claim, this cover helps in reducing the financial burden on you.

Key features of this cover include:

• The components of the vehicle that are made of nylon, plastic, rubber, and fiberglass will be covered.
• Coverage is provided only to vehicles that are 2 years old or lesser.
• The maximum number of claims that can be made in a policy period is 2.
• This add-on cover can be added to enhance your new two wheeler insurance or your renewed policy.
• Only two wheelers are covered under this plan.
• The claim settlement will be made only for the insured vehicle. Also the payout is done only if it is repaired at one of the network garages of the insurer.
• This add-on policy does not cover theft claims or constructive total loss.
• Vehicle parts that are not approved by the insurer will not be covered.
• Accessories made of rubber, such as tyres and tubes are not covered.

Personal Accident Bundle Cover

The cover provides monetary compensation for Accidental Death and Permanent Total Disablement. A sum assured is at disposal by means of a cover against accidents anywhere in the world, no matter who was driving at the time of accident.

This Add On cover is highly recommended as it provides compensation for disablement which otherwise, is not available in the basic cover. This can be added to the policy at the time of annual renewal.

Reliance Two Wheeler Insurance Personal Accident Cover

Reliance General Insurance offers Add on Cover options to enhance the policy coverage for Two Wheelers.

The Personal Accident Bundle Cover can be availed at a nominal addition to the premium amount. It covers accidents anywhere in the world and provides monetary compensation in case of Accidental Death and Permanent Total Disablement. Details of benefits are provided below.

This Add On cover is highly recommended as it provides compensation for disablement which otherwise, is not available in the basic cover. This can be added to the policy at the time of annual renewal.

Exclusions in the Reliance Two Wheeler Policy(Not Covered)

• Routine wear and tear
• The two wheeler used for purposes other than what it is accorded for
• Electrical and mechanical breakdown
• Damage caused to to the vehicle or third party by a person riding the vehicle without a valid Driving License
• Damage or loss to the caused to the vehicle or third party while riding under the influence of alcohol or any other intoxicating substance.
• Loss or damage due to depreciation of the vehicle's value
• Consequential loss and Compulsory deductibles

Reliance 2 Wheeler Claims Process

• Call toll free on 1800 3009 to register the claim as soon as the claim occurs
• Visit the nearest authorised garage with the vehicle for assessment and repair.
Provide the required documents to the surveyor as requested.
• Upon confirmation of the claim, the required repair/replacement work can be carried out at the garage.
• If the insured opts for cashless facility, Reliance General settles the bills directly with the garage after completion of the repair work.
• If the customer is willing to pay for repairs upfront, bills can be submitted to the surveyor for settlement by means of reimbursement.

Reliance Bike Insurance Renewal Online

Two wheelers are way more vulnerable to road accidents than other vehicles. To ensure continued protection of your bike/scooter from accidents and other dangers, it is very important to not only buy a comprehensive insurance cover, but also renew it on time.

Reliance General two wheeler insurance protects your vehicle from accidents, damages, loss, natural calamities, theft, etc. Cashless facility is also available at across a network of 159 chosen garages. Every two wheeler insured with the company is covered against any damage/loss, faced by a third party, caused due to the insured vehicle.

The third party is compensated by the insurer, for the same. The insurance policy can be booked and renewed online through a very quick and hassle-free process. Just go on the official website of Reliance General Insurance, select the two wheeler icon and enter your existing policy number in the policy renewal tab. Click on ‘Renew My Policy’ and you will be directed to the two wheeler insurance policy renewal page. The website will guide you through the process thereafter, and you will have a renewed two wheeler insurance policy in no time. Give your vehicle the deserved protection and care with Reliance General two wheeler insurance renewal.

Reliance General Long-Term Two Wheeler Insurance

Reliance now offers long-term two-wheeler insurance for a period up to 3 years. With the payment of a one-time premium, you can ride without any worries for the next 3 years. There are several benefits of a multi-year two-wheeler insurance some of which are mentioned below:

• The premium is locked-in for 3 years and is free from the effects of inflation.
• The No Claim Bonus (NCB) can be availed for all the three years till the policy is valid.
• Discounts ranging from 7.5% to 13% on purchase of a multi-year bike insurance policy.

Reliance General Two Wheeler Insurance Premium Calculator

Reliance two-wheeler insurance premium calculator is one of the quickest and easiest methods to know the premium amount on your bike insurance policy as well as to purchase a new policy at the earliest. The premium can be obtained easily by filling in few basic details such as the two-wheeler registration number, age of the bike, make and model of the bike, and your contact details.

Reliance General Insurance: Customer Care Contact Details

Reliance General Insurance Limited (RGI) has over 12,000 intermediaries and 139 offices that offer extensive customer service and support to customers across the country. If you are looking to buy a motorcycle insurance policy, renew the existing policy, or have any other policy related issues, you may reach out to Reliance General Insurance customer care centre in several ways. Following are some of the offline and online channels to get in touch with the customer care team and get your queries resolved.

Reliance General Two-Wheeler Insurance Helpline Number:

Customers can get assistance with purchase, renewal, and other issues related to bike insurance policy over phone by calling on the below-mentioned number. They may also register their claims by calling on the same number.

Toll Free Customer Care Number: 1800 3009

Reliance General Two-Wheeler Insurance Email Address:

You may drop an email at rgicl.services@relianceada.com in case you have any queries or concerns that you need assistance with. The customer support team will respond to the same within a specific time-frame.   

Reliance General Two-Wheeler Insurance Mailing Address (Only For Correspondence):

Customers can send their queries or concerns via post to the following address:

Reliance General Insurance, Correspondence Unit,

301-302, Corporate House RNT Marg,

Opp. Jhabua Tower, Indore,

Madhya Pradesh, India – 452001

Online Chat:

The ‘Online Chat’ feature allows customers to interact with customer care executives and get their issues resolved in real time. The ‘Online Chat’ feature can be found on the right hand side icons in official Reliance General Insurance website.

Request A Call Back:

You may request a call back by clicking the ‘Call’ option on the right hand side of the official website. All you have to do is fill in some basic contact details and submit a call back request. You will soon receive a call from the customer care executive who will help you with your queries and concerns.

Visit The Nearest Branch Office Of Reliance General Insurance:

Reliance General Insurance has offices spread across India and you may visit one of their offices if you wish to know about the products offered by them or have issues with your existing policy. The customer support staff at the helpdesk will assist you with your queries. Here are the addresses of branch offices in important Indian cities:      

Mumbai

New Delhi

Bangalore

Chennai

Hyderabad

Kolkata

Reliance Bike Insurance FAQs

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

6. 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.

7. 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.

8. 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.

9. 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.

10. 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.