bike insurance

Choosing the best bike insurance policy is very important. You do not want to pay a hefty price for your two-wheeler and get the bare minimum in return. Proficient bike insurance offers extensive coverage at a nominally affordable price range. Be it a comprehensive or two-wheeler insurance third-party, make sure to analyse the plan before you opt for it. You can also choose reliable and well-rewarding insurance providers like ACKO, Bajaj Allianz, IFFCO, etc. The Bajaj insurance bike price starts from a very affordable range for you to purchase. 

Here are some of the two-wheeler insurance third-party policies with minimum premiums online. Read to know more!

1. Bajaj Alliance Bike Insurance Policy:

The Bajaj Alliance Bike Insurance Policy offers a freedom sense with security on their two-wheelers. It offers two-wheeler insurance third party, that protects you from third-party damage costs and other legal liabilities. The comprehensive bike insurance of Bajaj Allianz offers complete protection against theft and physical damage to the vehicle. It is one of the best policies you can find in India. Also, the Bajaj Insurance Bike Price starts from a very affordable range.  

Let’s look at the overview of the policies:

Add-on covers: 

  • Spare keys
  • Flat Battery
  • Flat tire

Claim Settlement Ratio: 98%

Inclusion:

  • Any failure or damage due to natural calamity
  • Damages incurred due to man calamities
  • Personal accident cover
  • Third-party legal liability

Exclusions:

  • Normal wear and tear
  • Electric or mechanical breakdown
  • Damage to the vehicle if driving without a valid license
  • All damages incurred due to war 
  • Using vehicles other than for the intended purpose 

Cashless Network Garages: Available

Policy term: 1 to 3 years 

2. IFFCO Tokio Bike Insurance Policy:

Two-wheeler insurance is one of the most crucial commute modes for people in India. The IFFCO Tokio Bike Insurance is a two-wheeler insurance third-party where the users remain protected from the financial and legal risk that may arise due to unforeseen calamities. It also offers add-ons to enhance the two-wheeler insurance third-party coverage, making it one of the best and a tailor-made insurance policy. The premium rate of IFFCO is nearly equal to the Bajaj Insurance Bike Price. 

Let’s look at the overview of the policies:

Add-on covers: 

  • Cash-free medical cover
  • Zero depreciation
  • Personal accident coverage

Claim Settlement Ratio: 79.19%

Inclusion:

  • Any failure or damage due to natural calamity such as floods
  • Damages incurred due to man calamities such as theft and burglary

Exclusions:

  • No coverage gets provided for losses incurred due to natural disasters
  • An insured vehicle by a user driving without a valid driving license
  • Accidents taking place due to the consumption of alcohol or other intoxicants 

Cashless Network Garages: More than 4.300 garages are available

Policy term: 1 to 3 years 

3. ACKO Bike Insurance Policy:

Company offers different two-wheeler insurance third-party policies with minimum premiums online. ACKO Bike Insurance offers a two-wheeler insurance third-party that is very popular in the Indian market. It covers your legal liabilities and third-party damages in a prudent manner. The comprehensive bike insurance by ACKO covers damages incurred due to strikes, riots, earthquakes, floods, etc. Moreover, the third-party insurance plan protects any financial liability in case of injury or damage to someone’s property. It is one of the best insurance policies you can get for yourself. 

Let’s look at the overview of the ACKO bike policies:

Add-on covers: 

  • Consumables cover
  • Bike Engine Protect 
  • Outstation Emergency Cover
  • Roadside Assistance Cover
  • Key protect
  • Zero depreciation
  • Personal Belongings 

Claim Settlement Ratio: 95%

Inclusion:

  • Any failure or damage due to natural calamity
  • Damages incurred due to man calamities 

Exclusions:

  • No coverage gets provided for tube or tyre punctures
  • No scope in case of vehicle used for illegal purposes
  • No claims of damages occurred outside the geographical boundaries of India
  • No coverage in case of a license expired 
  • No claims in case the insurance policy expired

Cashless Network Garages: Available

Policy term: 1 to 3 years 

4. Bharti AXA Bike Insurance Policy:

Bharti AXA Bike Insurance comes with a power-packed third party bike insurance policy, offering complete coverage to the vehicle with the other third-party liabilities starting with minimum premiums online. The two-wheeler insurance plans are protective, extensive, and secured. They also have a wide range of add-ons for you to choose from. The premium rate of Bharti AXA is as nominal as the Bajaj Insurance Bike Price. 

Let’s look at the overview of the Bharti AXA bike policies:

Add-on covers: 

  • Personal accident cover 
  • Zero depreciation cover 

Claim Settlement Ratio: 68%

Inclusion:

  • Any failure or damage due to natural calamity
  • Damages incurred due to man calamities 
  • Accident cover
  • Third-liability coverage

Exclusions:

  • Accidents taking place due to the consumption of alcohol or other intoxicants 
  • Regular wear and tear with depreciation cover
  • The vehicle for commercial purposes

Cashless Network Garages: Available

Policy term: 2 to 3 years 

By Moana Snow

Hello everyone! Myself Moana Snow & I am a person who loves to write blogs about different categories like - Digital Marketing, Business, Finance, Lifestyle, Home Improvement & Technology. Please share my posts with your network & grow this Blog. Bhartiya Airways

Leave a Reply

Your email address will not be published.