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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

Page 1 of 12 1 2 3 4 5
  • Oriental Insurance Two Wheeler Insurance
    "Fair policy"
    0.5 3.0/5 "Satisfactory"
    My two wheeler insurance was purchased from Oriental. The bike financed from Oriental company so i have selected the same company. That was one time payment done for one year with the amount of Rs. 2000 approximately. I have no idea about the IDV value. At the time of expiry, there is no contact from their end.
    Was this review helpful? 0
    , kolkata
    Reviewed on Oct 04, 2019
  • Oriental Insurance
    Oriental Insurance Two Wheeler Insurance
    "Too Good Policy"
    0.5 5.0/5 "Blown Away!"
    It was nice policy hence taken my two wheeler insurance from Oriental. I am paying the premium amount of Rs. 2000 approximately. I have no idea about the coverage amount. Every time, the agent come to my house to renew the policy. My claim experience is good and they have processed the claim upto 80%.
    Was this review helpful? 1
    , bilaspur
    Reviewed on Sep 24, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good for two wheeler"
    0.5 4.0/5 "Great!"
    I have bajaj discover six year old bike which was insured with Oriental general insurance . I took third party plan the premium was Rs.800 and the insurance value is also good. But they need scope of improvement on customer support because I am not getting reminder from their end.
    Was this review helpful? 0
    , sonipat
    Reviewed on Sep 19, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good for two wheeler"
    0.5 4.0/5 "Great!"
    I have scooty bike its around three years old, I paid the premium around Rs.1100 for one year and it has third party plan. There is no claim experience, the renewal process is very easy through online. They policy copy issued on time through email copy.
    Was this review helpful? 0
    , sonipat
    Reviewed on Sep 19, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good customer centric"
    0.5 4.5/5 "Excellent!"
    My father recommended Oriental Insurance two wheeler policy, I paid the amount of Rs. 3600 for two years of coverage. The insurance value is really good based on the vehicle age, I believe they give cover upto 90% of my TVS Victor bike. I am getting reminder calls from their end through sms.
    Was this review helpful? 0
    , bangalore
    Reviewed on Sep 14, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Average"
    0.5 3.5/5 "Pretty good"
    My bike is a old model and am looking for third party insurance so have gone with Oriental Insurance. They have charged me Rs.700 to 800 for one year plan. The services are above average. The benefits are also average. I need to visit the office for renewal procedure. I got the insurance paper through postal.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Sep 14, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Trust worthy plan"
    0.5 4.0/5 "Great!"
    Oriental Insurance is providing the bike policy with cheap cost around Rs.1100 including third party and comprehensive plan. I do have Honda activa 2014 bike, they gave me best IDV value based on the manufacture year. The renewal process is very easy, I used to get gentle reminder before 10 days of due date.
    Was this review helpful? 0
    , vijayawada
    Reviewed on Sep 14, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good Claim Experience"
    0.5 5.0/5 "Blown Away!"
    One time I had a claim with Oriental insurance at the time my bike bumper got damaged. Then I paid the amount and sort out the issue finally I got the reimbursement of Rs.4000 from the total amount of Rs. 4500. The claim experience is very simple and hassle free, the premium is very lesser for my 2018 bike.
    Was this review helpful? 1
    , tirupati
    Reviewed on Sep 06, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good Insurance"
    0.5 2.0/5 "Expected more"
    From the oriental, they are sending any reminder to the customer. If the policy got lapsed, customer needs to pay some extra amount. My two wheeler insurance policy has taken from Oriental Insurance. I am paying the premium amount of Rs. 680. I used to renew the policy by visiting their branch and the response is prompt.
    Was this review helpful? 1
    , kochi
    Reviewed on Aug 31, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good Policy"
    0.5 5.0/5 "Blown Away!"
    One of my previous agent is taking care of my General insurance policies. I am renewing the policy from Oriental and i am paying the premium amount of Rs. 900 and it depreciating with the amount of RS. 4000 which is fine for me. I make the payment through cash or cheque.
    Was this review helpful? 2
    , mumbai
    Reviewed on Aug 27, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good Two Wheeler policy"
    0.5 5.0/5 "Blown Away!"
    Taken my two wheeler insurance policy from Oriental because its a Government based policy. I am paying the premium amount of Rs. 1500 approximately. I have to check the IDV value. I used to renew the policy through the agent. They are sending the hard copy of the documents within a day and i do not have any claim experience till now,
    Was this review helpful? 2
    , chennai
    Reviewed on Aug 27, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good"
    0.5 4.0/5 "Great!"
    I have done an online comparison to find out the best price for the bike insurance and found Oriental Insurance because the premium is affordable. I got the insurance paper through soft copy. I have opted for one year and the premium was around 1,890 rupees.
    Was this review helpful? 0
    , new delhi
    Reviewed on Aug 23, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good"
    0.5 5.0/5 "Blown Away!"
    I have a two wheeler insurance with Oriental and am keep renewing the policy with same provider. Everything is good and its a Nationalized so preferred to go with them. I have paid around 2,600 rupees for one year policy. I am having Pulsar 150 which is 7years and no claims so far.
    Was this review helpful? 3
    , kolkata
    Reviewed on Aug 20, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Better policy"
    0.5 4.0/5 "Great!"
    My brother working as a insurance adviser hence he asked me to take the two wheeler insurance policy from Oriental. I have paid the premium amount of Rs. 2000. They have provided me a IDV value of Rs. 35000. Through online i purchased this policy.
    Was this review helpful? 1
    , indore
    Reviewed on Aug 20, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Average Policy"
    0.5 5.0/5 "Blown Away!"
    Before 10 days of policy expiry, they are sending the proper reminder to the customer regarding the renewal. My two wheeler insurance policy taken through Oriental. When i purchased the bike, dealer has given the policy from them hence i have been continuing with the same company. I renew the policy through online.
    Was this review helpful? 1
    , chennai
    Reviewed on Aug 20, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Trust worthy"
    0.5 5.0/5 "Blown Away!"
    Since Oriental is a government sector hence my father selected this company for the bike policy, the cost of the policy is reasonable. I paid around Rs. 1900 for one year, I took comprehensive plan its coves including me. Their support is very good, they got tied up with more garages in my place.
    Was this review helpful? 1
    , bangalore
    Reviewed on Aug 17, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Okay"
    0.5 3.0/5 "Satisfactory"
    I took my two wheeler insurance with Oriental Insurance which was chosen by my Father. The premium was reasonable only and they have charged me earlier approx Rs.1500 and now close to Rs.2000. It is zero claims so far. I have taken a third party insurance. I got the insurance paper.
    Was this review helpful? 1
    , hyderabad
    Reviewed on Aug 06, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good protection for vehicle"
    0.5 4.0/5 "Great!"
    Oriental Insurance premium is reasonable I paid Rs. 2100 for 1.15 lakh of IDV, I have royal enfield classic 350 bike its around three years old. But if my bike policy get lapse I need to take the bike to the inspection officer, they charge Rs. 150 to survey that. The renewal process was easy through online but the norms should be friendly for comprehensive plan.
    Was this review helpful? 0
    , bangalore
    Reviewed on Aug 01, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Father for my vehicle"
    0.5 5.0/5 "Blown Away!"
    I have a two wheeler insurance with Oriental Insurance, it has been provided by the dealer and am continuing the same. They can computerize the office. Their advisory and the executive is very helpful. The claim process was good. The benefits are good when I compared with other insurer on the cost front.
    Was this review helpful? 1
    , bangalore
    Reviewed on Jul 26, 2019
  • Oriental Insurance Two Wheeler Insurance
    "Good service"
    0.5 5.0/5 "Blown Away!"
    Oriental Insurance showroom is nearby to my residential so I took my bike insurance with them. They have charged me around Rs.1600 per year. I opted for first party insurance. The customer service is good and helpful. I am okay with the benefits.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jul 25, 2019
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