Bike Insurance in India: Everything You Need to Know in 2025
February 1, 2025
By Capalin Insurance Insights Team
India is home to over 250 million two-wheelers, making bikes one of the most popular modes of transport. But with great mobility comes great responsibility. Whether you ride a scooter, a commuter bike, or a superbike, having the right insurance is essential—not just for legal compliance, but for your peace of mind.
What Is Bike Insurance?
Bike insurance is a financial safety net that protects you and your two-wheeler from unforeseen events like accidents, theft, natural disasters, and third-party liabilities. It ensures that you're not left with a hefty bill in case of damage or loss.
Types of Bike Insurance Policies
1. Third-Party Liability Insurance
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Mandatory by law.
- Covers injury or damage to a third party (person or property).
- Does not cover your own bike.
2. Comprehensive Insurance
- Covers third-party liabilities and own damage.
- Includes protection from theft, fire, floods, riots, and accidents.
- Ideal for complete peace of mind.
3. Standalone Own Damage Cover
- Available only if you already have third-party insurance.
- Covers damage to your own bike due to accidents or natural calamities.
Must-Have Add-Ons
- Zero Depreciation Cover: Get full claim without depreciation deductions.
- Roadside Assistance: Help during breakdowns, flat tires, or fuel emergencies.
- Engine Protection: Covers internal engine damage due to waterlogging or oil leaks.
- Return to Invoice: Reimburses the full invoice value in case of total loss or theft.
- Consumables Cover: Covers costs of nuts, bolts, engine oil, etc., during repairs.
How to Choose the Right Policy
- Assess Your Usage: Daily commuters may need more coverage than occasional riders.
- Check Insurer Reputation: Look for high claim settlement ratios and good customer reviews.
- Compare Plans: Use Capalin’s smart comparison tool to find the best value.
- Review Add-Ons: Choose only those that match your needs to avoid overpaying.
Tips to Save on Premiums
- No Claim Bonus (NCB): Earn up to 50% discount for claim-free years.
- Install Anti-Theft Devices: Certified devices can lower your premium.
- Opt for Long-Term Policies: Avoid annual renewals and price hikes.
- Higher Voluntary Deductibles: Agreeing to pay more out-of-pocket can reduce premiums.
Why Capalin?
At Capalin, we make bike insurance simple, fast, and transparent:
- Instant policy issuance
- Easy renewals and claims
- Expert support
- Competitive pricing
