MOTOR INSURANCE

Bike Insurance — Complete Protection for Your Two-Wheeler

Affordable two-wheeler insurance with comprehensive coverage. Protect your bike against accidents, theft, natural disasters, and third-party liabilities.

What is Bike Insurance?

Bike insurance (two-wheeler insurance) is a financial protection product that covers your motorcycle or scooter against damages from accidents, theft, natural calamities, and third-party liabilities. Under the Motor Vehicles Act 1988, having at least third-party bike insurance is mandatory for every two-wheeler owner in India.

Whether you ride a sports bike, commuter motorcycle, or electric scooter, FMC Insurance Bazaar helps you find the best coverage at the most competitive premium from 20+ insurers.

Why Do You Need Bike Insurance?

Legal Mandate — Third-party two-wheeler insurance is compulsory under Indian law
Accident Coverage — Cover repair costs from road accidents and collisions
Theft Protection — Get compensated if your bike is stolen
Natural Calamity Cover — Protection against floods, earthquakes, storms
Personal Accident Cover — ₹15 lakh mandatory PA cover for owner-driver
Third-Party Liability — Covers injuries or damage caused to others

Key Benefits of Bike Insurance

Accident Coverage

Covers damage from collisions, overturning, and road accidents.

Natural Disaster Cover

Protection against floods, storms, lightning, and earthquakes.

Third-Party Liability

Covers legal liability for injuries or property damage to third parties.

Theft Protection

Full IDV compensation if your bike is stolen and not recovered.

Fire & Explosion

Coverage against fire, self-ignition, lightning, and explosions.

Roadside Assistance

24/7 assistance including towing, battery help, and flat tire support.

Types of Plans Available

Third-Party Only

Mandatory basic coverage for third-party liabilities. Most affordable option for budget riders.

Comprehensive

Complete protection covering own damage + third-party liability. Best value for daily riders.

Standalone OD

Own damage only cover. Can be purchased separately from third-party insurance since 2019.

Claim Process

Report the accident or theft to police and insurer within 24 hours

Collect all evidence — photos, FIR copy, witness details

Submit claim form with RC copy, DL, and policy documents

Surveyor inspects the damaged bike at garage or location

Claim approved and settled via cashless or reimbursement

Documents Required

Vehicle Registration Certificate (RC)
Previous Insurance Policy (for renewal)
Driving License
PAN Card or Aadhaar Card
Vehicle Inspection Report (if policy expired)
Pollution Under Control (PUC) Certificate

Frequently Asked Questions

Is bike insurance mandatory in India?

Yes, under the Motor Vehicles Act 1988, at least third-party liability insurance is mandatory for all two-wheelers in India. Riding without insurance can lead to fines up to ₹2,000 and/or imprisonment.

What is IDV for bike insurance?

IDV (Insured Declared Value) is the current market value of your bike minus depreciation. It represents the maximum amount the insurer will pay in case of total loss or theft.

Can I transfer NCB when switching bike insurers?

Yes, No Claim Bonus is transferable between insurers. Request an NCB certificate from your current insurer and provide it to the new company during renewal.

What add-ons are available for bike insurance?

Common add-ons include zero depreciation cover, roadside assistance, personal belongings cover, return to invoice, engine protection, and pillion rider cover.

How much does bike insurance cost?

Third-party bike insurance starts from around ₹482/year for 75cc-150cc bikes. Comprehensive premiums vary based on bike model, age, location, and coverage add-ons.

Does bike insurance cover pillion rider injuries?

Basic policies cover only the owner-driver. For pillion rider coverage, you need to add a pillion rider personal accident cover add-on to your comprehensive policy.

Can I buy bike insurance online?

Yes, you can get a bike insurance quote through FMC Insurance Bazaar online or by calling our experts. We compare plans from 20+ insurers to find you the best deal.

What happens if my bike insurance expires?

If your policy has been expired for less than 90 days, you can still renew with some insurers. After 90 days, you may need a vehicle inspection and lose your NCB.

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