Insurance is like a spare tyre. You may not require it, but not having one is not an option.
  • Tips to Reduce Bike Insurance Premiums

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    The options for bike insurance are almost too large to fathom. If you are looking to find a new insurance or to renew a policy, there are so many options available out there; but it’s not always about trying to get the cheapest premium. You must try to get all the features that you require even if it means paying a little extra. However, if the price is your main concern, simply read on to find some tips to reduce bike insurance premium:

    • Pick an older, cheaper or smaller bike to get an insurance premium that is more in your budget. Such bikes’ repair and cost of spare parts replacement will be cheaper.
    • Avoid picking modified/ unusual motorbikes because these will be considered to be more expensive when it comes to repairs and to replace spare parts. Also these bikes will be considered more attractive to thieves. Imported bikes will also be considered more expensive.
    • The less your bike is on the road, the less risk to the insurance company and the cheaper the insurance premium will be.
    • You will find that if you pay the insurance in full as soon as you take out the policy it will be cheaper than if you decide to pay in monthly installments.
    • If you have not made claims for a few years, it is likely that the insurer will give you a lower premium.
    • When the time comes for you to renew your insurance, make sure that you don’t just settle for your current insurer. Look for other insurers who will give you all the features you want for a better price. You could use a site which compares prices and other details.
    • Keep your bike secure. It is always best to park your bike in a garage rather than leave it on the street. Use other forms of security for your bike such as chains, locks etc.
    • The more experience you have as a rider, the less risky you will seem in the eyes of the insurer. This means that you will get the best possible premium. The insurance company may look at your record (tickets and accidents).
    • Try to get all your insurance (home, health, car) from one insurer so that you get a discount on them all.
    • If you do not have a pillion, you could get a cheaper premium.
    Two Wheeler Insurance Online

    Following these tips can save you a lot of money. It is important that you consider your requirements and then do your research to find an insurance to fulfill them. Your bike insurance should be large enough to cover the cost of bike replacement and hospitalization. However if you have a good health insurance, you can avoid the latter. Experts suggest that as the bike ages you could avoid getting the collision and comprehensive coverage in order to save money. You could also save money by not getting specialized coverage such as accessory insurance.

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    Tips to Reduce Bike Insurance Premiums Reviews

  • Page 1 of 50 1 2 3 4 5
    • Bajaj Allianz Two Wheeler Insurance
      "Good policy for vehicle"
      0.5 4.0/5 "Great!"
      Within a second they have renewed the policy from Bajaj Allianz. There is no particular reason for choosing a bajaj Allianz and the branch is nearby my location. The premium amount of Rs. 2070 per year. I have not claimed anything in this policy. I never interacted with their customer care also.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 11, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "Good Insurance for two wheeler protection"
      0.5 5.0/5 "Blown Away!"
      The two wheeler services with the Bajaj Allianz is good, the premium amount is nominal, I have paid the cost around Rs. 1900 for one year, I have first party insurance and personal accidental cover. But there is no claim bonus available with this insurer.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Dec 11, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      I have my two wheeler insured with ICICI LOMBARD from last 1 year, a premium of Rs 3000 has to be paid for this insurance policy every year. There was no claim experience so far with this insurance policy. I am happy with the policy benefits and plan coverage of this policy.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Dec 11, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      My two wheeler is insured with ICICI Lombard from last 1year and it is a good policy to use. I am happy with the policy benefits and plan coverage of this insurance. Rs 4000 has to be paid as an an insurance premium and i have no claim experience.
      Was this review helpful? 0
      , lucknow
      Reviewed on Dec 10, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      My two wheeler insurance is with ICICI LOMBARD from last 3 years, a premium of Rs 1900 has to be paid as an insurance policy. There was no claim experience so far with this insurance and the coverage value is good in this car insurance.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Dec 10, 2018
    • Tata AIG Two Wheeler Insurance
      "Low premium with better feature"
      0.5 5.0/5 "Blown Away!"
      The premium amount is too low in Tata Aig general insurance, as compared to other policies, the customer service is very fast they have generated my policy copy on time. I do have Bajaj pulsar bike its four years old, but offered me best idv value with third party cover.
      Was this review helpful? 0
      , keonjhar
      Reviewed on Dec 10, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "Premium is should be economical"
      0.5 3.0/5 "Satisfactory"
      Based on the vehicle age they gave me some insured declared amount for the policy of one year. Its a comprehensive plan, it covers for the loss, damage. I never got any chance to approach, the amt which I paid its high, it should be economical hence many people affordable.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 09, 2018
    • Iffco Tokio Two Wheeler Insurance
      "Its Excellent"
      0.5 5.0/5 "Blown Away!"
      I got with the bike, I have purchased the bike before 1.5 years still the policy is active I have renewed it again. I received the no claim bonus around 25% because I didn't go for claim. They are proving good insured value based on the age. The features of policy is good.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Dec 09, 2018
    • Reliance General Two Wheeler Insurance
      "Good Protection"
      0.5 4.0/5 "Great!"
      I have check the online the price is very commendable, the premium amount is around Rs 1500 for one year bike policy. Reliance Insurance gave me best insured value, the policy which I taken is comprehensive 100% protected. I have TVS apache bike.
      Was this review helpful? 0
      , mumbai
      Reviewed on Dec 09, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "Good overall"
      0.5 4.0/5 "Great!"
      My two wheeler insurance is from Bajaj Allianz. The services and response is good. I had a claim experience and the process was fine. I did not have to pay in anything from my end. All was done by the insurer. Overall no hassles in using the policy.
      Was this review helpful? 0
      , warangal
      Reviewed on Dec 08, 2018
    • Chola Ms Two Wheeler Insurance
      "Its Good"
      0.5 3.0/5 "Satisfactory"
      First time I took insurance from Cholamandalam, the premium amount is low. Dealer suggested this policy and gave this policy for bike, I have royal enfield it got insured with them. But I am not sure about the plan benefits anyway I am fine with that.
      Was this review helpful? 0
      , vijayawada
      Reviewed on Dec 07, 2018
    • Reliance General Two Wheeler Insurance
      "No claim experience"
      0.5 4.0/5 "Great!"
      I used to do the renewal through online. I have been renewing the two wheeler insurance policy with reliance for past 2 years. I have not claimed anything by using this policy. I have not received the no claim bonus so far. I paid the premium amount of Rs. 2000 in a year. I'm not sure about the vehicle value. When i purchase a vehicle, the dealer has provided the policy with the reliance and I'm continuing with them.
      Was this review helpful? 2
      , bangalore
      Reviewed on Dec 07, 2018
    • Royal Sundaram Two Wheeler Insurance
      "Good Product"
      0.5 4.0/5 "Great!"
      I have agent who did it for me, he referred this policy. The premium amount is fine but I never compare I didn't done any valuation. I got the policy copy without any hassles. For two wheeler. I have taken third party cover but I am not sure about the benefits.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 07, 2018
    • L and T Two Wheeler Insurance
      "Good Two wheeler insurance policy"
      0.5 4.0/5 "Great!"
      Holding my L&T policy with last 2 years. I used to pay the premium amount of Rs. 4000 which is quite high. Because of the higher IDV value, i have selected this L&T policy. They have offered me a higher IDV value of Rs. 1.20 lakhs. I have renewed the policy through online. I have bought the no claim bonus of 30%. I had no claim experience with this company.
      Was this review helpful? 1
      , bangalore
      Reviewed on Dec 07, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "Average policy"
      0.5 5.0/5 "Blown Away!"
      I have not faced any problems with Bajaj Allianz Policy. My two wheeler insurance policy was taken with Bajaj Allianz. I have renewing the policy for continuously for 4 years. I have paid the premium amount of Rs. 1900 for one year. They have offered me a coverage value of Rs. 61000. They charging the penalty for late renewal of the policy.
      Was this review helpful? 0
      , chennai
      Reviewed on Dec 07, 2018
    • L and T Two Wheeler Insurance
      "Average Policy"
      0.5 3.0/5 "Satisfactory"
      I am having a two wheeler insurance with L&T from last 1 year, a premium of Rs 1100-1300 has to be paid for this insurance policy. There was no claim experience so far with this insurance policy. I am happy with the plan benefits and policy coverage of this insurance.
      Was this review helpful? 0
      , pune
      Reviewed on Dec 06, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "Policy info was not given"
      0.5 2.0/5 "Expected more"
      My two wheeler insurance is with Bajaj allianz from last 3 years, a premium of Rs 3000 has to be paid for this insurance policy. This premium amount is for 18 months. There was no claim no experience with this insurance and they did not give any info about policy..
      Was this review helpful? 0
      , new delhi
      Reviewed on Dec 06, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Good Insurance company"
      0.5 4.0/5 "Great!"
      I have bike policy with ICICI lombard for past years, they are providing no claim bonus around 20%. The premium amount is economical is low when compare to other insurance company, the service center is good. I have HERO Splendor plus they gave me best insured amt.
      Was this review helpful? 0
      , new delhi
      Reviewed on Dec 06, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Good Insurnace Company"
      0.5 4.0/5 "Great!"
      While I purchasing the bike my dealer gave me the ICICI Lombard insurance, the premium is economical they gave me the insurance for one year, I have availed third party insurance, its included for loss, damage . They gave me cash less garages options.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Dec 04, 2018
    • Iffco Tokio Two Wheeler Insurance
      "Satisfactory"
      0.5 5.0/5 "Blown Away!"
      I used the policy, when I met with the accident, Iffco Tokiyo gave me medical treatment based on the personal accident cover, I got the cash less treatment, I paid the premium Rs. 5000 for one year two wheeler policy, the IDV is depends on age of the vehicle, they got tie up with networking of service centers.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Dec 04, 2018
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