Insurance is like a spare tyre. You may not require it, but not having one is not an option.
  • Two Wheeler Insurance Renewal Grace Period

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    Grace period is the additional time allowed by your insurance provider for you to renew the policy and pay premium. Just like grace marks allow you to pass if your grades in a particular subject are below the passing level, grace period gives you a few days after the policy renewal due date, for you to pay the renewal premium.

    The points to remember in case of two wheeler insurance policy renewal are:

    • Grace period for two-wheeler insurance: Two-wheeler insurance of any sort usually does not allow any grace period. This means that if a policy reaches renewal due date and you fail to pay the premium on time, the policy will lapse. This will impact the benefits available from a motor insurance policy as well as the price of the next policy that you buy.
    • Government rules: The reason two-wheeler insurance does not offer grace periods is that a vehicle should be covered by insurance – at least a third party liability insurance – at all times as per government rules. This helps you claim insurance benefits in case of accidents on any given day of a year. The insurance policy covers not just damage to your vehicle but also the damage caused to another vehicle or injury and death of its driver in case of a collision.
    • Inspection: Once the policy expires, renewal would require an inspection of the vehicle by authorised personnel, even if it is only 1 day late. You will have to pay the inspection charges as well.
    • No Claims Bonus: If you own a comprehensive motor insurance policy and it is not renewed up to 3 months after lapse, the No Claims Bonus (NCB) gathered will expire. NCB is a discount on premium of damaged caused by yourself on your two-wheeler when you renew your policy. This is applicable only if you have made no claim in the last 1 year of your policy. NCB can be availed even if you transfer your policy from one insurance provider to another.
    • Two Wheeler Insurance Online Renewal: Your motor insurance policy can be renewed either online or offline, which makes it very convenient. Online renewal will hardly take 15 minutes of your time and involves hardly any paperwork or physical inspection. You can also opt for longer-term policies such as a 3-year policy to save on premium.

    Two-Wheeler Insurance Reviews

  • Page 1 of 50 1 2 3 4 5
    • Bajaj Allianz Two Wheeler Insurance
      "Good policy"
      0.5 4.0/5 "Great!"
      I have taken two wheeler insurance from Bajaj allianz insurance policy , i got this policy through the showroom where i got the two wheeler . Am satisfied with the premium amount which am making the payments its has good coverage . The good about their service is they used to remind the customers for renewal .
      Was this review helpful? 2
      , vadodara
      Reviewed on Oct 17, 2018
    • HDFC Ergo Two Wheeler Insurance
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      I am holding the car insurance policy with HDFC ERGO GENERAL INSURANCE from last 4.5 years.I have purchased this insurance through showroom also i had no claim experience with this policy. The premium and IDV is satisfactory. The coverage is for comprehensive.
      Was this review helpful? 3
      , kolkata
      Reviewed on Oct 15, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "GOOD"
      0.5 4.0/5 "Great!"
      I am holding the two wheeler policy withBAJAJ ALLIANZ GENERAL INSURANCE from last more than 1 year. I have purchased through showroom. The premium and IDV is satisfactory. I had no claim experience with this policy. The coverage is for full two wheeler.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Oct 15, 2018
    • Bharti Axa Two Wheeler Insurance
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      I have purchased the policy with BHARTI AXA GENERAL INSURANCE on 2017 where i have a good experience. I had no claim experience with this policy also the premium and also the IDV value is satisfactory with this policy. They have provided the satisfactory coverage.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Oct 12, 2018
    • Reliance General Two Wheeler Insurance
      "Good Policy"
      0.5 3.5/5 "Pretty good"
      I have a two wheeler insurance with Reliance general insurance from last 2 years, a premium of Rs 2700 has to be paid for this insurance policy. I have not claimed anything so far with this insurance policy and i am happy with the coverage value.
      Was this review helpful? 3
      , kochi
      Reviewed on Oct 12, 2018
    • New India Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      My two wheeler is insured with New India assurance from last 1 year, a premium of Rs 1200 has to be paid for this insurance policy. I have no claim experience so far with this insurance policy. I am happy with the policy coverage and plan benefits of this policy.
      Was this review helpful? 1
      , chennai
      Reviewed on Oct 11, 2018
    • ICICI Lombard Two Wheeler Insurance
      "GOOD"
      0.5 4.5/5 "Excellent!"
      It is a user friendly policy so i have purchased the two wheeler policy with ICICI LOMBARD GENERAL INSURANCE. I had no claim experience with this policy but the premium and also the IDV is nominal. Policy coverage is for 3rd party in this insurance.
      Was this review helpful? 1
      , bangalore
      Reviewed on Oct 11, 2018
    • New India Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      I have a two wheeler insurance with New India Assurance from last 4-5 years, a premium of Rs 1200 has to be paid for this insurance policy. I have not claimed anything so far with this insurance policy and i am happy with the coverage value.
      Was this review helpful? 1
      , bangalore
      Reviewed on Oct 11, 2018
    • Shriram Two Wheeler Insurance
      "Average policy"
      0.5 3.0/5 "Satisfactory"
      I have taken two wheeler insurance from SHRIRAM GENERAL INSURANCE , i got this policy through the showroom where i got the two wheeler . Am satisfied with the premium amount which am making the payments its has good coverage . The good about their service is they used to remind the customers for renewal.
      Was this review helpful? 2
      , new delhi
      Reviewed on Oct 10, 2018
    • Iffco Tokio Two Wheeler Insurance
      "Best Policy"
      0.5 5.0/5 "Blown Away!"
      I have taken two wheeler insurance from Iffco Tokio insurance policy , i got this policy through the showroom where i got the two wheeler . Am satisfied with the premium amount which am making the payments its has good coverage . The good about their service is they used to remind the customers for renewal.
      Was this review helpful? 2
      , new delhi
      Reviewed on Oct 09, 2018
    • ICICI Lombard Two Wheeler Insurance
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      I am holding the two wheeler policy with ICICI LOMBARD GENERAL INSURANCE from last 3 years where the service is good and also i have not experienced with any claim with this two wheeler policy. The policy coverage and also the premium, IDV value is satisfactory.
      Was this review helpful? 2
      , chennai
      Reviewed on Oct 09, 2018
    • United India Two Wheeler Insurance
      "GOOD"
      0.5 4.0/5 "Great!"
      I am using the two wheeler policy from UNITED INDIA INSURANCE from last 10 years also i had a good experience. The service is good also i have not experience d with any claim with this policy. The policy coverage is for 3rd party. Premium and the IDV is 13000.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Oct 09, 2018
    • Tata AIG Two Wheeler Insurance
      "Good policy"
      0.5 4.0/5 "Great!"
      I have taken two wheeler insurance from Tata Aig insurance company I make the payment of rs 1300 for yearly through their agent . Customer service and response is average as they didn't explained the policy benefits .Overall am satisfied with the premium amount which am paying .
      Was this review helpful? 3
      , secunderabad
      Reviewed on Oct 06, 2018
    • ICICI Lombard Two Wheeler Insurance
      "Good policy"
      0.5 4.0/5 "Great!"
      I have taken two wheeler insurance from Icici Lombard General insurance for this. I made the payment for 1 years through online banking . Customer service and response is average as they have explained the benefits of the policy . It has good policy coverage with good policy benefits.
      Was this review helpful? 2
      , secunderabad
      Reviewed on Oct 06, 2018
    • Iffco Tokio Two Wheeler Insurance
      "good service"
      0.5 4.0/5 "Great!"
      I have my two wheeler insured with IFFCO TOKIO , my claim experience with this insurance is good and i they charge premium per year 1000 rupees per year i do payment by cash or by online by my debit card or by credit card i dont have much idea about the benefit they covered.
      Was this review helpful? 8
      , new delhi
      Reviewed on Oct 03, 2018
    • HDFC Ergo Two Wheeler Insurance
      "GOOD SERVICE"
      0.5 5.0/5 "Blown Away!"
      I have purchased the two wheeler policy through HDFC ERGO GENERAL INSURANCE where i am using from last 1 year and i had no claim experience with this policy. Premium i am paying 1200-1300k and the IDV value is satisfactory. Coverage is for basic.
      Was this review helpful? 3
      , bangalore
      Reviewed on Oct 03, 2018
    • Bajaj Allianz Two Wheeler Insurance
      "Good service"
      0.5 4.5/5 "Excellent!"
      It has been a very good experience i had with them so far. I had been paying the premiums monthly and the premium amount has not been very high and i had been making the payments online. There has not been any claims made so far and their customer support also had been helpful at times.
      Was this review helpful? 5
      , hyderabad
      Reviewed on Oct 02, 2018
    • HDFC Ergo Two Wheeler Insurance
      "Best policy"
      0.5 5.0/5 "Blown Away!"
      My two wheeler is insured with HDFC ERGO from last 1 year, i am happy with the coverage value and plan benefits of this insurance policy. I have no claim experience so far with this insurance policy so far and i pay a premium of Rs 2000.
      Was this review helpful? 6
      , mumbai
      Reviewed on Oct 01, 2018
    • New India Two Wheeler Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      My two wheeler is insured with New India Assurance from last 1 year, I pay a premium of less than Rs 1000 for this insurance policy. There was no claim experience so far with this insurance policy. I am happy with the policy coverage and plan benefits of this policy.
      Was this review helpful? 7
      , bangalore
      Reviewed on Sep 29, 2018
    • L and T Two Wheeler Insurance
      "Good Policy"
      0.5 5.0/5 "Blown Away!"
      I have a two wheeler insurance policy with L&T general insurance from last 2 years. I am happy with the coverage value and plan benefits of this insurance policy. I am not aware of the premium amount and i have no claim experience with this insurance.
      Was this review helpful? 4
      , hyderabad
      Reviewed on Sep 29, 2018
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