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Oriental Two Wheeler Insurance Policy Online Renewal

The Oriental Insurance Company Ltd

Incorporated in 1947, Oriental Insurance Company offers a variety of general insurance products in India. Headquartered in New Delhi, the insurance company has 31 regional offices and over 1800 operating offices spread across the country.

Oriental Insurance Two Wheeler Insurance Overview:

Oriental Insurance Two-Wheeler Insurance – An Overview
Add-On Covers 
  • Nil Depreciation
  • Personal Effects Endorsement
Incurred Claim Ratio 68.19%
Inclusions 
  • Accidental damage or loss to the vehicle.
  • Any loss or damage due to both natural and man-made calamities.
Exclusions 
  • Damages caused by driving without a valid driving license
  • Electrical or mechanical breakdown
  • Depreciation
  • Loss or damage due war or nuclear risks
Cashless Network Garages A number of cashless garages are available making it easier to make claims. 
Third-Party Cover Any legal liability due to death or property damage to any third party will be covered. 
Bonus / Discounts 
  • Anti-theft device discount
  • Voluntary deductible
  • Automobile Association Discount
  • No Claim Bonus
Personal Accident Coverage Protects the owner or driver of the vehicle. This coverage can also be availed for other passengers. 
Policy Term Ranging between 1 year and 3 years

Motor Package Insurance Policy For Two-Wheeler

Oriental Insurance Company offers Liability Only Two-Wheeler Insurance Policy and Two-Wheeler Package Policy for two-wheelers in India. While the Liability Only Policy covers the insured against loss or damage caused to a third party due to the insured vehicle, the package policy covers own damage as well.

Oriental Insurance Two-Wheeler Insurance Benefits:

Oriental Bike Insurance offers insurance offers both liability-only plan and a comprehensive insurance plan. Both the plans have their benefits. Pick the one you want after knowing the advantages based on your insurance needs.Oriental Bike Insurance offers insurance offers both liability-only plan and a comprehensive insurance plan. Both the plans have their benefits. Pick the one you want after knowing the advantages based on your insurance needs.

Oriental Two Wheeler Insurance Coverage

Coverage Under Oriental Bike Insurance Package Policy

  • Loss or damage caused to the vehicle
  • Personal accident cover for the driver/owner of the vehicle.
  • Loss or damage caused to the vehicle due to burglary, theft, housebreaking, and more.
  • Loss or damage to the vehicle due to fire, explosion, lightening, and self-ignition.
  • Loss or damage caused to the vehicle due to a natural disaster such as landslide, rockslide, earthquake, etc.
  • Man-made malicious acts, strikes, riots, terrorism.
  • Loss or damage to the vehicle while in transit.

Maximum Amount Insured

In case of total loss of the vehicle due to accident or theft, the maximum compensation payable by an insurance company is limited to the Insured Declared Value of the vehicle. The IDV is determined based on the manufacturer’s listed selling price adjusted with depreciation. For a vehicle older than five years, the IDV is determined based on the mutual understanding between the insurer and the customer.

Factors Affecting Premium Calculation

The premium for a two-wheeler insurance policy is determined based on multiple factors. Some of which are listed below:

  • Insured Declared Value of the vehicle
  • Vehicle registration zone
  • Cubic capacity of the vehicle
  • Age of the vehicle
  • Add-on covers opted for
  • Electrical and electronic items installed to the vehicle

Exclusions Under The Policy

  • Damage or loss caused to the vehicle by a person driving the vehicle without a valid driving license
  • Damage or loss caused to the vehicle by a person driving under the influence any intoxicating substance
  • Mechanical or Electrical breakdown
  • Consequential loss
  • Depreciation in the value of the vehicle
  • Loss or damage to the vehicle due to war/mutiny/nuclear risk
  • Damage or loss of consumable items unless the vehicle is damaged at the same time. The liability of the insurer is limited to 50% in such cases.
  • Damage caused outside the geographic area outside India.
  • Claims made for an insured vehicle being used against the limitations specified in the policy.
  • Loss or damage to the vehicle accessories unless the vehicle is stolen at the same time.

Discounts in Premium

A policyholder may avail certain discounts on their two-wheeler insurance policies in the following ways:

  • Opting for a higher voluntary excess
  • By installing an ARAI approved anti-theft device
  • Availing No Claim Bonus (NCB)
  • By becoming a member of a recognised automobile association.

Oriental Insurance Company Two Wheeler Insurance Customer Care Numbers

In case you have queries or concerns regarding the products offered by Oriental Insurance Company or need information on claims processing and settlement, you may get in touch with the customer care department at Oriental Insurance Company by calling on 1800118485 (toll-free number). You may also call on 011- 33208485 (Charges applicable).

Oriental Insurance Company Branch Offices

Customers may also get the needed information and buy insurance products by visiting the nearest Oriental Insurance Branch. The branch offices can be located through the official website of the insurer. Below mentioned is the address of the registered office of Oriental Insurance Company:

Registered Office:

Oriental House, A-25/27, Asaf Ali Road,

New Delhi - 110002

Phone No.s: 011-43659595

CIN: U66010DL1947GOI007158

Oriental Two Wheeler Insurance Frequently Asked Questions

  1. What are the kinds of motor insurance policies that I can buy from Oriental Insurance Company?

    The insurance company offers two types of motor insurance policies as mentioned below:

    Liability Only Policy: This policy covers the insured against legal and financial liabilities arising out of damage or loss caused to a third party due to the insured vehicle. A third-party liability insurance policy is the minimum insurance required for motor vehicles as under the Motor Vehicles Act.

    Package Policy: The package policy offered by Oriental Insurance Company covers the insured in a variety of incidents causing loss or damage to the vehicle as well as liabilities arising out of accidental loss or damage caused to a third party.

  2. Can I buy Oriental motorcycle insurance policy online?

    Yes, you may buy or renew a motorcycle insurance policy through the official website of Oriental Insurance. All you are required to do is fill up some basic details about your vehicle, enter some basic personal details, calculate the premium, and make the payment using any of the payment options available.

  3. What will be the premium for my motorcycle insurance policy?

    The premium for a motorcycle insurance policy depends on multiple factors such as make and model of the vehicle, zone of registration, claims history, No Claim Bonus, age of the vehicle amongst other factors.

  4. Can I buy a new motor insurance policy if my existing policy has already expired?

    A fresh insurance policy can be purchased if your existing policy has already expired. However, since there will be a break in the insurance, the insurance company may inspect the vehicle before issuing a fresh insurance policy.

  5. Can I get a duplicate insurance certificate if I have lost my policy document?

    Yes, you can submit an application for a duplicate insurance certificate to the issuer who will issue a duplicate policy copy.

  6. What to do if my vehicle gets stolen?

    In case of a theft, the first thing that a policyholder should do is report the incident at the nearest police station. The policyholder also needs to inform the insurer about the incident.

Disclaimer

This Insurance Company has not partnered with BankBazaar.com. For more details, please visit its website/branch office. The trademarks, logos and other subject matters of intellectual property belong to their respective owners.

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Oriental Two Wheeler Insurance Reviews

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  • Oriental Insurance Two Wheeler Insurance
    "Its recommendable"
    0.5 4.0/5 "Great!"
    Reason to chose Oriental two wheeler plan, its near to my location, the premium is average as compared to others in the market only 100 rupees is different. I am not much interacted with the customer support but the back end team is doing good job. I have 2013 activa 3g bike for that I took comprehensive plan.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jun 12, 2019
  • Oriental Insurance
    Oriental Insurance Two Wheeler Insurance
    "Safety of the policy is undertaken by Government"
    0.5 3.0/5 "Satisfactory"
    Oriental insurance policy taken care by Government, i have bought the policy with them. I got the two wheeler insurance policy. I pay the premium amount of Rs. 7000 for my two two wheeler insurance. The coverage amount is the value of vehicle based on the year i purchase. I have got a no claim bonus also.
    Was this review helpful? 0
    , ahmedabad
    Reviewed on Jun 11, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Easy approach "
    0.5 4.0/5 "Great!"
    Chosen my two wheeler insurance policy from oriental. Since the value is less and the tax is less this is the main feature of the policy. I made the premium amount of Rs. 2000 for 1 year policy. They have given me a coverage amount of Rs. 34000. I used to renew the policy in their branch office and the response is prompt and they used to send a reminders regarding the policy last due date.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 09, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good"
    0.5 5.0/5 "Blown Away!"
    I am having Activa Bike and have taken a Oriental Insurance because my friend is working with Insurance company so it was easy to do the renewal. I took a first party insurance. I have paid 1100 rupees for one year policy and received insurance paper. I have no claims from last 2 years.
    Was this review helpful? 0
    , tirupur
    Reviewed on Jun 08, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Safe and secured"
    0.5 4.0/5 "Great!"
    Oriental Insurance has good brand name hence I took two wheeler policy and its very secured. I paid the premium around Rs. 2000 for one year, my bike was 12 years old honda shine it was manufactured in 2007. I took third party insurance, they issued the policy copy on time.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jun 07, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Not that much good"
    0.5 4.0/5 "Great!"
    Previously i had a oriental policy for my two wheeler but i am unable to renew the policy through online once it expired. They are not giving any reminder regarding the policy expiry with them. I spoke with them regarding the policy renewal, the response is good but they have given the details.
    Was this review helpful? 1
    , bangalore
    Reviewed on Jun 04, 2019
  • Oriental Insurance Two Wheeler Insurance
    "The policy cost should come down"
    0.5 4.0/5 "Great!"
    My friend is working in Oriental Insurance hence he take care of my bike policy and he renew the insurance on yearly basis, previously the policy cost was reasonable now they increased more than Rs. 600 its higher. But I have best insured value on the vehicle with third party cover.
    Was this review helpful? 1
    , chennai
    Reviewed on May 26, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good"
    0.5 4.0/5 "Great!"
    Oriental Insurance has charged me 1600 rupees for bike insurance. I have Honda shine and its 4 years old, they are giving better IDV value. I have received the insurance paper even the renewal process was very simple and am fully satisfied. There is no claim till now. The benefits are better too.
    Was this review helpful? 1
    , hyderabad
    Reviewed on Apr 25, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good claim settlement "
    0.5 5.0/5 "Blown Away!"
    When I am gone for a claim in 2018 to Oriental insurance they solved the claim on the immediate basis . When my bike met the accident , I left the vehicle in the service center . Then given the Repair bill and I submitted it to oriental . They done the 80 % of the claim and remaining 20 % I paid from my packet .
    Was this review helpful? 1
    , hyderabad
    Reviewed on Apr 23, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good Insurance"
    0.5 5.0/5 "Blown Away!"
    I have Honda Unicorn bike its around six years, the premium current I pay around Rs.1500 for one year, its a first party insurance. As per IRDA rule hence when I am going for renew, I would like to add the third party insurance also, I am very fine with them.
    Was this review helpful? 0
    , chennai
    Reviewed on Apr 12, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good policy for bike"
    0.5 5.0/5 "Blown Away!"
    I have my bike insurance with Oriental Insurance, The premium amount was reasonable for one year. Because my bike is around 12 years old and I don't find any no claim features since I don't have claim experience. However I got best third party cover.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Apr 12, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Smart Protection for vehicle"
    0.5 3.0/5 "Satisfactory"
    I have been tied up with Oriental Insurance around 2.5 years for the bike policy, there is no claim experience. The agents are not good. I paid the last premium around Rs. 3000 for the tenure of one year. I have Honda Activa 3g, it was manufactured in 2016,It has good Insured Declared value.
    Was this review helpful? 0
    , gurgaon
    Reviewed on Apr 10, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good policy"
    0.5 5.0/5 "Blown Away!"
    I have my two wheeler insurance with Oriental Insurance for 5 years because their premium is reasonable and customer service is good. I get reminder msg and taken first party insurance. This year have paid 2200 rupees for one year policy. I have received the insurance paper. Insured declared value is fine for me.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Apr 03, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good service provider"
    0.5 4.0/5 "Great!"
    I done claim with Oriental insurance, I used for mother treatment. She got admitted in hospital for couple of days, we have paid and got the reimbursement they done 90% of process, the entire thing was hassle free. I got the total medical cover of Rs. 3 lakhs.
    Was this review helpful? 0
    , bangalore
    Reviewed on Mar 30, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Can do better"
    0.5 3.5/5 "Pretty good"
    I got Oriental bike insurance along with the vehicle, from the day I am continuing with them. Compared to last year and this year the premium got increased, this time the cost was around Rs.1400, before that it was Rs. 800. It a first party insurance, there was no much interaction with the customer support. They gave only Rs .14,000 as IDV value for 10 years bike.
    Was this review helpful? 0
    , bangalore
    Reviewed on Mar 29, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good claim process"
    0.5 4.0/5 "Great!"
    Oriental Insurance gave me good insured value for my bike, one time I used the policy, when my whole bike got damaged. I have paid the amount and got 60 to 70% of reimbursement. The premium is nominal for my Bajaj pulsar 220 bike policy, it has third party protection.
    Was this review helpful? 0
    , jaipur
    Reviewed on Mar 26, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good service"
    0.5 5.0/5 "Blown Away!"
    I have my bike insurance with Oriental Insurance for two reasons, my friend is working and the insurance coverage was very good. I have paid around Rs.1700 to 1800 via cheque for one year plan. Their customer service is better. Its a first party, my bike is 2 years old and IDV is good.
    Was this review helpful? 1
    , bangalore
    Reviewed on Mar 21, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Better service"
    0.5 5.0/5 "Blown Away!"
    I had a bike insurance with Oriental insurance and have agents for picking up the insurance. They will suggest me the lower premium insurer. It was a good experience and have been with them for past 5 to 6 years. The benefits are average. Its a first party insurance.
    Was this review helpful? 0
    , patna
    Reviewed on Mar 08, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Best policy"
    0.5 4.5/5 "Excellent!"
    I hold a Two wheeler insurance policy with Oriental insurance from last 2 years. A premium of Rs 1800 has to be paid for this insurance every year. There was no claim experience so far with this insurance and i am happy with the policy benefits of this insurance.
    Was this review helpful? 1
    , mumbai
    Reviewed on Mar 04, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good policy"
    0.5 4.0/5 "Great!"
    Last time premium was good with Oriental Insurance, now this policy got expired. I am fine with the insured declared amount, I have not faced any claim. I done third party insurance it was recommendable from my end. But this year I may compare the cost of insurance to renew the policy.
    Was this review helpful? 1
    , pune
    Reviewed on Feb 28, 2019
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