Two Wheeler Insurance

Two Wheeler Insurance

Smart Coverage for Smarter Riders

Two-wheeler insurance is mandatory in India and protects riders against financial risks from accidents, theft, or damages. Beyond compliance, it ensures peace of mind with benefits like cashless repairs, fast claims, and customizable features for added convenience.

Cashless Repairs & More

Access to 3000+ network garages across India for hassle-free repairs.
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Customizable Features

Flexibility to adjust your vehicle's Insured Declared Value (IDV).
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Round-the-Clock Support

24/7 customer assistance and support for your needs, even on holidays.
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Why is Two-Wheeler Insurance Important?

In India, two-wheelers are an essential mode of transportation, making them a significant part of the economy. With increasing road risks, two-wheeler insurance is a legal necessity and offers vital financial protection against accidents, theft, and damages. Riding without insurance is a punishable offense, highlighting its importance for every bike owner.

From paperless claims to 24/7 customer support, the experience is seamless. Their super-fast claim processing, averaging just 11 days, ensures timely assistance. Whether it’s repairs or resolving queries, we ensure you’re always covered.

What’s covered in Two-Wheeler Insurance?

Accidents: Coverage for damages and losses resulting from an accident or collision.
Bike Theft: Compensation for losses if your two-wheeler is stolen.
Fire Damage: Protection against damages caused by accidental fires.
Natural Disasters: Covers damages caused by events like floods, cyclones, or other natural calamities.
Personal Accident: Financial support for medical expenses if you sustain injuries in an accident.
Third-Party Losses: Liability coverage for damages caused to another person, vehicle, or property due to your bike.

Why choose us for your two wheeler insurance?

As an insurance brokerage firm, we are a trusted ally in a nation where well-being is synonymous with prosperity.

Budget-Friendly, Custom Plans
No jargon or complications
Hassle-free process
Two-wheeler insurance without paperwork delays
Quick settlements and exceptional service
What is two-wheeler insurance, and why is it mandatory in India?
Two-wheeler insurance provides financial protection against damages to your bike or scooter, third-party liabilities, and other risks like theft or natural disasters. In India, as per the Motor Vehicles Act, 1988, it is mandatory to have at least third-party liability insurance. This ensures that any damage or injury caused to a third party in an accident involving your two-wheeler is covered.
What are the types of two-wheeler insurance policies available in India?
There are two main types of two-wheeler insurance policies in India:

Third-Party Insurance: Covers legal liabilities for damages to a third party's property or injuries/death of a third party.
Comprehensive Insurance: Provides broader coverage, including third-party liability, damages to your vehicle, theft, and natural or man-made calamities. You can also add riders like zero depreciation or engine protection for enhanced coverage.
How is the premium for two-wheeler insurance calculated?
The premium for two-wheeler insurance depends on various factors, such as the type of policy, the vehicle's IDV (Insured Declared Value), engine capacity, and age of the vehicle. Comprehensive policies have higher premiums than third-party ones. A higher IDV, representing your vehicle's market value, increases the premium. Similarly, bikes with larger engine displacement (CC) attract higher costs. The vehicle's age impacts premium rates due to depreciation, with older vehicles generally having lower premiums. Additional riders like zero depreciation add to the cost, while a No Claim Bonus (NCB) can reduce it for claim-free policy terms.
What percentage of the claim amount do I need to pay to the broker?
To purchase or renew two-wheeler insurance, you typically need your vehicle's registration certificate (RC), the previous insurance policy details (for renewals), a valid driving license, and a Pollution Under Control (PUC) certificate. You may also need ID proof, such as an Aadhaar card, PAN card, or passport. However, many insurers now offer paperless policies, where digital copies or policy numbers suffice, making the process more convenient.

Start or Track a Claim

Reach out to our claim experts for information on how to initiate a claim and the necessary details.
File a claim
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Still have you any problem for solutions?

We’re glad to discuss your policy requirements. Our branches are in Kolkata, Mumbai, Delhi, and Bhubaneswar. So don’t hesitate to contact us via the details below, or enter your request.

Our office address:

Viswakarma, 86C, Topsia, Kolkata

Contact Us:

080-6925-6925

Mail us:

customercare.insurance@srei.com

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