Comprehensive Bike Insurance
Comprehensive bike insurance provides a broad range of coverage for your two-wheeler. Unlike basic third-party insurance, it covers both Own Damage and Third-Party Liability, ensuring complete protection against accidents, theft, natural disasters, and man-made disasters. This policy is designed to cover the damage to your bike and protect you legally against third-party claims.
Key Features of Comprehensive Bike Insurance
| Categories | Key Featues |
|---|---|
| Own Damage Cover | Covers repair or replacement costs for damages due to accidents, fire, theft, or vandalism, ensuring protection. |
| Third-Party Liability Protection | Provides coverage for legal liabilities arising from injuries or damages to third parties, including property damage. |
| Personal Accident Cover | Offers compensation for rider injuries or death in an accident, covering medical expenses or income loss. |
| Add-Ons for Extra Protection | Optional add-ons like Zero Depreciation, Roadside Assistance, Engine Protection, and Key Replacement for comprehensive coverage. |
Why Do You Need Comprehensive Bike Insurance?
Comprehensive bike insurance is crucial because it offers extensive protection. Not only does it cover your bike against damages and theft, but it also provides legal protection in case of accidents involving third parties. It ensures that both your bike and legal interests are secured, making it a wise choice for responsible bikers.
Benefits of Comprehensive Bike Insurance
Extensive Coverage
Covers both bike damages and third-party liabilities, ensuring comprehensive protection and security.Financial Security
Shields against repair costs, medical expenses, and legal claims, providing full peace of mind and financial relief.Accident Protection
Includes personal accident cover for you and your family, ensuring reliable safety in case of injury or death.Discounts & Benefits
Enjoy No Claim Bonuses (NCB), cashless repairs, and 24/7 roadside assistance, enhancing overall convenience and savings.
Understanding Coverage and Exclusions in Comprehensive Bike Insurance
Covered Insurance
Damage to Bike
Covers damage to your bike from accidents, theft, disasters, vandalism, or fire, reducing repair or replacement costs.Third-Party Liability
Includes compensation for bodily injury, death, or property damage caused to a third party by your bike. It's legally required in many countries.Natural and Man-Made Disasters
Protects against losses from natural events like floods or storms and man-made disasters like riots.Personal Accident Cover
Provides compensation for injuries or death of the rider, covering medical bills or offering a lump sum for permanent disability.
Not-Covered Insurance
Wear and Tear
The policy excludes damages from regular wear and tear, depreciation, or aging parts like tires, brakes, or clutch components.Intentional Damage or Illegal Activities
Damages caused intentionally or during illegal activities (e.g., riding without a license or under the influence of alcohol) are excluded.Mechanical Failures
The policy doesn’t cover mechanical breakdowns or failures caused by engine issues, faulty parts, or improper maintenance practices.Unapproved Modifications
Damages resulting from unapproved modifications to your bike are not covered by the policy.
How to File a Comprehensive Bike Insurance Claim?
To file a claim, follow these simple steps
Inform Your Insurer
Contact your insurer immediately after the accident or damage.
FIR
If injury or theft is involved, file an FIR with the police.
Click Photos of Damage
Capture the damage to your bike, including any injuries or third-party property damage.
Submit Claim
Submit your claim form along with all required documents to your insurer.
Compare Bike Insurance Policies
Compare Third-Party, Comprehensive, Own Damage, and Zero Depreciation bike insurance plans to find the best coverage for your bike.
| Coverage Aspect | THIRD-PARTY | COMPREHENSIVE | OWN DAMAGE | Zero Depreciation |
|---|---|---|---|---|
| Accidental Damage to Own Bike | ||||
| Fire Damage to Own Bike | ||||
| Natural Disaster Damage to Own Bike | ||||
| Damage to Third-Party Vehicle | ||||
| Damage to Third-Party Property | ||||
| Personal Accident Protection | ||||
| Injury or Death of Third Party | ||||
| Theft Protection for Own Bike | ||||
| Flexible Insured Declared Value (IDV) | ||||
| Additional Add-On Coverage |