Two Wheeler Insurance in India

What’s Covered and Why It’s a Must-Have

Amit had just bought his dream bike—a sleek, brand-new Royal Enfield. It was his pride and joy. Every weekend, he’d take it for long rides, feeling the wind in his hair and the thrill of the open road. Then, one night, disaster struck. His bike was stolen from right outside his apartment. Panic set in. Had he lost lakhs overnight?

No! Want to know how? Fortunately, Amit had comprehensive two-wheeler insurance, and within weeks with the help of Subject Matter Experts like Bima Seva Kendra, his claim was settled.

Many bike owners don’t think about two-wheeler insurance until something goes wrong. But by then, it’s too late. But with the roads so unpredictable, it brings us to the main question -
What exactly does two-wheeler insurance cover? Let’s break it down.

1. Types of Two-Wheeler Insurance in India

Before diving into coverage details, it’s important to understand that India offers two main types of two-wheeler insurance:
A) Third-Party Insurance/ Liability-Only Policy (Mandatory)
● Required by law under the Motor Vehicles Act, 1988.
● Covers damages to another person or their vehicle and private property in an accident.
● Does NOT cover damages to your own bike, its theft or due to natural disaster.

B) Comprehensive Insurance (Highly Recommended)
● Covers damages to both your bike and third-party property.
● Includes protection against theft, natural calamities, fire, vandalism, and personal accidents.
● Recommended for complete financial security. Why? Let us see in detail shall we?

2. What Does a Comprehensive Two-Wheeler Insurance Policy Cover?

1. Accidental Damages
Accidents can happen at any time, and repairing a damaged bike can cost thousands. Two-wheeler insurance covers the cost of repairs, whether the accident is a minor scratch or a major collision.

2. Third-Party Liability (Legally Required)
If your bike accidentally injures someone or damages someone else’s property, you are legally responsible. Third-party insurance ensures you don’t have to pay these expenses out of pocket.

3. Theft Protection
Bike theft is a rising concern in Indian cities. If your bike is stolen, insurance helps you recover the market value of your two-wheeler, preventing massive financial loss.

4. Damage Due to Fire
Fires caused by short circuits, explosions, or accidents can destroy a bike completely. A two-wheeler insurance policy compensates you for such losses.

5. Natural Disasters
Floods, cyclones, earthquakes, and landslides can heavily damage or total a bike. A comprehensive policy ensures that these unpredictable events don’t burn a hole in your pocket.

6. Man-Made Disasters & Vandalism
Riots, strikes, and acts of vandalism can cause serious damage to your bike. With the right policy, you’re covered against such risks.

3. What’s NOT Covered?

Understanding policy exclusions helps avoid insurance claim-related issues and ensures smoother claim settlement. Let’s see what are the clauses to watch out for -
● Regular Wear & Tear: Aging parts, worn-out tyre, or engine issues due to regular use aren’t covered.
● Riding Without a License: Any accident while riding without a valid license is not eligible for a claim.
● Drunk Driving or Negligence: If you cause an accident while intoxicated or riding recklessly, your claim will be rejected.
● Damage from Illegal Activities: Using your bike for racing, illegal transport, or criminal activities voids your insurance.

Final Thoughts

With rising thefts, unpredictable road conditions, and increasing repair costs, having comprehensive two-wheeler insurance is not just a legal requirement—it’s a smart investment. Two-wheeler insurance is more than just a legal obligation—it’s the difference between a claim rejection and a successful claim settlement.

By understanding what’s covered, what’s not, and availing the SEVA of Bima Seva Kendra, you can avoid insurance claim-related issues and ensure hassle-free protection for your bike.

Stay safe, stay insured, and ride worry-free!