Insurance
Which plan to buy, how much cover you need, what it costs with the full fee structure, and which insurers to consider.
Estimated yearly premium
₹2,111
Typical range ₹1,794 – ₹2,533 · about ₹176 a month
Fee structure
Third-party premium (IRDAI tariff, Up to 75 cc)₹538
Own-damage premium (after 0% NCB)₹876
Personal accident cover, owner-driver₹375
GST (18%)₹322
Total yearly premium₹2,111
Third-party premium is fixed by IRDAI. Own-damage premium varies by insurer, city and add-ons: compare quotes.
What to buy
- Plan typeComprehensive policy (third-party + own damage) with zero-depreciation add-on
- Insured declared value (IDV)₹95,000 (5% depreciation for a 0-year-old vehicle)
- Third-party only?Legally enough, but pays nothing for damage to your own vehicle
- Look forWide cashless garage network, high claim settlement ratio, keep your no-claim bonus (NCB) when renewing
Insurers for bike insurance
| Insurer | Claim settlement ratio | Complaints / 10,000 claims | Solvency | Figures for | |
|---|---|---|---|---|---|
| Acko | — | — | — | — | Get a quote › |
| Bajaj Allianz General | — | — | — | — | Get a quote › |
| Cholamandalam MS General | — | — | — | — | Get a quote › |
| Future Generali India Insurance | — | — | — | — | Get a quote › |
| Go Digit | — | — | — | — | Get a quote › |
| HDFC ERGO | — | — | — | — | Get a quote › |
| ICICI Lombard | — | — | — | — | Get a quote › |
| IFFCO Tokio General | — | — | — | — | Get a quote › |
| Liberty General | — | — | — | — | Get a quote › |
| National Insurance Company · PSU | — | — | — | — | Get a quote › |
| New India Assurance · PSU | — | — | — | — | Get a quote › |
| Reliance General | — | — | — | — | Get a quote › |
| Royal Sundaram General | — | — | — | — | Get a quote › |
| SBI General | — | — | — | — | Get a quote › |
| Shriram General | — | — | — | — | Get a quote › |
| Tata AIG | — | — | — | — | Get a quote › |
| The Oriental Insurance Company · PSU | — | — | — | — | Get a quote › |
| United India Insurance · PSU | — | — | — | — | Get a quote › |
| Universal Sompo General | — | — | — | — | Get a quote › |
| Zuno General | — | — | — | — | Get a quote › |
| Zurich Kotak General | — | — | — | — | Get a quote › |
Insurer figures from the IRDAI annual report have not been entered yet, so insurers are listed alphabetically.