Top 11 Two Wheeler Insurance Companies in India 2019

With the advent of online insurance sales, there is a plethora of two wheeler insurance plans offered by insurance companies in India today. Here, we take a look at the top insurance companies offering an assortment of two-wheeler insurance solutions.

Bajaj Allianz General Insurance Company

One of India’s biggest and best general insurance companies, Bajaj Allianz General Insurance Company came into existence in 2001. Since its establishment, it has grown exponentially, with a presence in nearly 200 towns and cities across the country. It offers a wide variety of insurance products that cater to the requirements of a diverse customer base. The company has been able to penetrate the market to a great extent thanks to its state-of-the-art digital applications. Bajaj Allianz two wheeler insurance carries superior values and the company ensures that its customers have an excellent experience.

HDFC Ergo General Insurance Company

Another major general insurance company in India, HDFC Ergo General Insurance Company is a joint venture between ERGO International AG – the primary insurance body of the Munich Re Group, and HDFC Ltd. The company offers a variety of insurance products across travel, health, motor, and general categories. It also provides property insurance, marine insurance, and liability insurance to its customers. Currently, HDFC Ergo General Insurance Company has 122 branches in 106 cities and employs more than 1,000 people. ICRA Limited has given HDFC Ergo General Insurance Company the iAAA rating and it has also received the ISO certification for its customer service, policy issuance, and claim services, making it one of the best options out there.

Bharti AXA Motor Insurance Company

Bharti Enterprises owns Bharti AXA General Insurance Company in collaboration with AXA, which is a worldwide leader in financial protection. About 51% of the stake in the venture is held by Bharti Enterprises while the remaining 49% is held by AXA Group. The company came into existence in 2008 and presently has more than 80 branches across India. It offers a variety of insurance policies for commercial as well as retail clients. You can avail travel insurance, critical illness insurance, personal accident insurance, home insurance, car insurance, and two wheeler insurance from Bharti AXA General Insurance Company. Bharti AXA two wheeler insurance extends to a number of helpful products such as commercial vehicle insurance, third-party liability insurance, etc. Since its inception over 10 years ago, Bharti AXA Motor Insurance Company has issued nearly 10 million policies, settling around 1.3 million claims in the process so far.

National Insurance Company

Founded in 1906, the National Insurance Company is India’s oldest insurance company. It is also the only non-life insurance company in the public sector and among the most trusted insurers across the country. The National Insurance Company has received the ‘Best in Service’ award for its health and motor insurance business that comprises 63% of the non-life insurance market in India, making it an option worth considering if you are looking to purchase two wheeler insurance online.

IFFCO Tokio Insurance Company

The Indian Farmers’ Fertilizer Co-operative Nichido Fire Group, or IFFCO, as it is commonly known, and Tokio Marine got into a joint venture to create IFFCO Tokio Insurance Company in the year 2000. Since it was established as an insurance major in the country, IFFCO Tokio Insurance Company has grown significantly as the years have passed. It offers a wide variety of motor insurance products that cater to the needs of a diverse customer base. The two wheeler insurance policies offered by IFFCO Tokio Insurance Company are simple, and the company also has a high claim settlement ratio which makes it a preferred option among many bike owners in the country.

New India Assurance Company Limited

Sir Dorabji Tata, the founding member of the House of Tata established the New India Assurance Company Limited in 1919. A merger of Indian companies saw the New India Assurance Company Limited get nationalised in 1973, and it has since gained a reputation for being one of India’s leading insurers. It remains the first non-life company in the country whose global business crossed Rs.22,270 crores in March 2017, and has an international presence in Singapore, Kenya, Japan, the UK, and the middle east. It offers comprehensive and liability-only two wheeler insurance policies to its customers at competitive rates and has plans that are designed to meet your unique insurance needs.

L&T Motor Insurance Company

Larsen and Toubro Limited (L&T) fully owns the L&T General Insurance Company Ltd. Forbes has rated L&T General Insurance Company Ltd. among the top 50 reputed companies across the globe, and the company’s goal is to establish itself as an insurer that stands out from its competitors by providing its customers with helpful and effective insurance solutions. The L&T Group has been around for 70 years, gaining financial strength and expertise that have contributed towards making it a leader in several segments and construing it as a trustworthy and credible insurance company thanks to its effective range of products.

SBI Insurance Company

The SBI General Insurance Company Limited is jointly owned by Insurance Australia Group (IAG) and the State Bank of India. The State Bank of India is the country’s largest banking institution and has more than 20,000 branches in towns and cities across India. It also has five associate banks and owns 74% of the SBI Insurance Company while the remaining 26% stake is held by IAG. SBI Insurance Company offers a variety of insurance products such as travel insurance, home insurance, health insurance, motor insurance, personal accident insurance, fire insurance, marine insurance, etc. SBI two wheeler insurance is definitely one of the options to consider if you plan to buy bike insurance online.

Royal Sundaram Alliance Insurance Company

The very first private sector insurance company to be licensed in India, Royal Sundaram Alliance Insurance Company offers a wide range of insurance solutions across travel, home, personal accident, motor, and health sectors. The company has more than five million customers and distributes its products across 136 cities in India. It is one of the most reputable and trusted insurance companies in the country and Royal Sundaram two wheeler insurance is one of the best options out there if you are looking for bike insurance online.

Reliance General Insurance Company

A part of the Reliance Group, the Reliance General Insurance Company is among India’s most trusted insurance companies. It caters to a diverse customer base and has a variety of insurance products such as travel insurance, health insurance, motor insurance and much more. With 139 offices across the country, Reliance General Insurance Company is among the most popular as well as trusted insurers in India. The company has received several awards for Quality Management System from Det Norske Veritas – a renowned Global Quality Standards Auditing Company. It also holds the distinct privilege of being the first insurance company from India to receive the company-wide ISO 9001:2008 certification thanks to its provision of quality products and services to customers across the country.

Considering the number of quality insurance providers in India, it is essential to do your homework and consider a variety of factors to find the insurance company and policy that best suit your unique insurance requirements.

 4.5 / 5.0   by 4229 users
Used this product? Write a review >>

Cashless Treatment

Fees & Charges

Promised Interest Rate

Plan Benefits

Policy Coverage

Customer Service

Medical Coverage

Claim Experience

Responsiveness

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

Customer Reviews

Page 1 of 50 1 2 3 4 5
  • United India Two Wheeler Insurance
    "Secure and fast policy"
    0.5 5.0/5 "Blown Away!"
    I took my two wheeler insurance from United India because of my family recommendation. I have no claim experience till now. I have paid the premium amount of Rs. 2700 and they have provided me a satisfied coverage value. I used to renew the policy by visiting their branch. At the time of policy expiry, they will be sending the reminders to the customers.
    Was this review helpful? 0
    , kochi
    Reviewed on Jan 22, 2020
  • Liberty
    Liberty Two Wheeler Insurance
    "Good Policy"
    0.5 5.0/5 "Blown Away!"
    Took my two wheeler insurance from Videocon Liberty because they have a tie up with the Bajaj company where i have taken my bike. I have renewed the policy through online with the same company. I paid the premium amount of Rs. 2400 by last year and this year Rs. 1798. I didn't checked the IDV value. I received the policy documents through online and courier also.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 21, 2020
  • Bajaj Allianz Two Wheeler Insurance
    "Nice service and you can try once"
    0.5 5.0/5 "Blown Away!"
    My two wheeler Insurance was taken from Bajaj Allianz because from the Suzuki showroom they have provided me this policy when i took my bike. I have no idea about the coverage amount. They charged me a premium amount of Rs. 1400. I do not have any claim experience till now. I received all the policy details through hard copies. Overall. I am satisfied with their services.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 20, 2020
  • Bajaj Allianz Two Wheeler Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    Took my two wheeler insurance from Bajaj Allianz because my friend is working in a Bajaj Allianz company. I have paid the premium amount of Rs. 1200 and they are providing the IDV value which is okay for me. I used to renew the policy through agent and my payment mode via cash. I receive the hard copy of the policy documents.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 17, 2020
  • Bajaj Allianz Two Wheeler Insurance
    "Nice policy"
    0.5 4.0/5 "Great!"
    From the showroom, they have given me a two wheeler insurance from Bajaj Allianz. I have no idea about the premium amount with the duration of 1 year. I have received a hard copy of the policy documents to my residential address. I have not approached them for any kind of claim as of now.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jan 16, 2020
  • United India Two Wheeler Insurance
    "Recommendable policy"
    0.5 4.0/5 "Great!"
    The agent who works in United India insurance is a known person so that i bought the two wheeler insurance with them. I paid the premium amount of Rs. 1000 approximately for my wheeler. I don't have any idea about the coverage value. I do not have any claim experience till now. Every year when the policy is getting lapsed, agent used to visit my place to renew the policy.
    Was this review helpful? 0
    , jaipur
    Reviewed on Jan 16, 2020
  • New India Two Wheeler Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    2 years back, i took the two wheeler insurance from New India because my friends have recommended me about this policy. They are giving the coverage value upto Rs. 1 lakh. I paid the premium amount of Rs. 3000. Since the branch is nearby place, i used the renew the policy with them. They are giving a proper response whenever i visit their branch.
    Was this review helpful? 0
    , coimbatore
    Reviewed on Jan 16, 2020
  • United India Two Wheeler Insurance
    "Nice Policy"
    0.5 5.0/5 "Blown Away!"
    From United India, i have taken the two wheeler insurance policy but i have not claimed anything till now. My friend has referred me about this policy. I'm not sure about the premium amount but they have provided me a coverage value of Rs. 50000. I used to renew the policy in petrol bunk. I made the payment through cash.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 16, 2020
  • ICICI Lombard Two Wheeler Insurance
    "Good"
    0.5 4.0/5 "Great!"
    I have not taken any customer support yet for my two wheeler insurance and actually this policy belongs to ICICI LOMBARD. I have taken 4 years combination policy for that i have paid the premium amount of Rs. 3000 for the period of 3 years. I took the policy in the showroom itself and the IDV value is higher Rs. 39k.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 13, 2020
  • HDFC Ergo Two Wheeler Insurance
    "Good Two wheeler insurance"
    0.5 4.0/5 "Great!"
    At the time of taking my bike, they have provided me a two wheeler insurance from HDFC Ergo and the features are good. I have paid the premium amount of below Rs. 5000. I have no idea about the coverage value. Through online, i used to renew the policy and i have not approached them for any kind of claim.
    Was this review helpful? 0
    , chennai
    Reviewed on Jan 07, 2020
  • ICICI Lombard Two Wheeler Insurance
    "Excellent service and you can go with them"
    0.5 4.5/5 "Excellent!"
    Earlier i had a two wheeler insurance from ICICI Lombard. They respond very easily initially i had a premium with them. My bike has a direct connection with ICICI Lombard hence its easy for me to claim so that i bought the two wheeler insurance from ICICI Lombard. Its because of the higher premium, i have switched over to other company. When i had claim experience, it was really good.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 07, 2020
  • Oriental Insurance Two Wheeler Insurance
    "Not satisfactory"
    0.5 3.5/5 "Pretty good"
    I called Oriental customer service to apply the claim but they asked me to drop a mail to concern team even though i have sent it 3 months before still i haven't received any reply from them hence I'm forced to make the payment from my pocket. The policy was having a less premium so that i have chosen the two wheeler insurance. They have not provided me a clear documents about the coverage amount. I wish them to provide a proper service.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 07, 2020
  • Iffco Tokio Two Wheeler Insurance
    "Good Insurance policy"
    0.5 4.0/5 "Great!"
    Bought my two wheeler insurance from Iffco Tokio based on my friend's reference and the policy is going to expire soon. Till i haven't got any reminder calls or messages regarding the policy renewal. It was a third party insurance policy and they provides me a coverage value of Rs. 50000.
    Was this review helpful? 2
    , vapi
    Reviewed on Jan 06, 2020
  • Oriental Insurance Two Wheeler Insurance
    "Good policy"
    0.5 4.0/5 "Great!"
    When i bought a new TVS Victor bike, they have given me a two wheeler insurance from Oriental company. Every year i used to renew the policy at the branch office and the response was good. They will sent a SMS in the prior 2 months when its up for renewal.
    Was this review helpful? 1
    , bangalore
    Reviewed on Jan 06, 2020
  • Reliance General Two Wheeler Insurance
    "Good policy"
    0.5 5.0/5 "Blown Away!"
    I have a two wheeler insurance from Reliance and the renewal process was easy. I have paid the premium amount of Rs. 3000 and the provided IDV value was convenient for me. I used to renew the policy through online and they used to sent a hard copy through mail. I do not have any claim experience till now.
    Was this review helpful? 2
    , thiruvananthapuram
    Reviewed on Jan 06, 2020
  • ICICI Lombard Two Wheeler Insurance
    "Great validity policy"
    0.5 4.0/5 "Great!"
    I never contacted the customer care of ICICI Lombard but they contacted me on a regular basis. The best part of ICICI Lombard is that they are providing policy validity upto 3 years hence there is no tension of renewing the same on a yearly basis. The policy features are similar like other policies.
    Was this review helpful? 0
    , kolkata
    Reviewed on Jan 06, 2020
  • HDFC Ergo Two Wheeler Insurance
    "Good policy"
    0.5 4.0/5 "Great!"
    From HDFC Ergo, i have taken the two wheeler insurance. When my existing policy was expired, i have chosen the HDFC Ergo without any reason. I have paid the money of Rs. 1400 as an insurance premium. They have given me a coverage value of Rs. 32000. I used to renew the policy through online and they will send the documents through mail.
    Was this review helpful? 1
    , new delhi
    Reviewed on Jan 05, 2020
  • Iffco Tokio Two Wheeler Insurance
    "Customer care need to improve"
    0.5 1.0/5 "Really Bad"
    I am not happy with the two wheeler insurance policy from Iffco Tokio because there is no much branch available in the city. I have no claim experience till now. From where i bought the motor cycle, they have done the two wheeler insurance policy with Iffco Tokio. I have paid the premium amount of Rs. 2000 for that they are providing the coverage value of Rs. 1 lakh.
    Was this review helpful? 1
    , dehradun
    Reviewed on Jan 03, 2020
  • Iffco Tokio Two Wheeler Insurance
    "Good insurance plan"
    0.5 4.0/5 "Great!"
    Iffco Tokio service is really good so that i have bought the two wheeler insurance. Since the claim service is fast hence i selected them. I paid the premium amount of Rs. 2500 for that they are providing IDV value based on the vehicle model and purchase year. I have not made any claim till now.
    Was this review helpful? 1
    , bangalore
    Reviewed on Dec 29, 2019
  • ICICI Lombard Two Wheeler Insurance
    "Service was good"
    0.5 5.0/5 "Blown Away!"
    The premium was less so that i bought the two wheeler insurance from ICICI Lombard. They have provided me a IDV value of Rs. 94000. This is a first party covered insurance policy. I have paid the premium amount of Rs. 2200. I have not applied any claim till now. By online, i used to renew the policy. They will send the documents to my mail.
    Was this review helpful? 1
    , bangalore
    Reviewed on Dec 28, 2019
Common Loader Icon
Page 1 of 50 1 2 3 4 5
reTH65gcmBgCJ7k
This Page is BLOCKED as it is using Iframes.