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Tata Capital > Blog > Insurance > Tips for Purchasing Two-Wheeler Insurance


Tips for Purchasing Two-Wheeler Insurance

Tips for Purchasing Two-Wheeler Insurance


Riding a two-wheeler offers a sense of freedom and adventure. It is a reliable mode of transportation for both daily commuters and weekend adventurers. However, owning a two-wheeler also means being responsible for its safety on the road. This is where two-wheeler insurance or bike insurance online comes into play.

Choosing the right two-wheeler insurance is crucial as it provides financial protection in the event of any damage or loss to the bike and ensures safety for the rider and others on the road. With numerous insurance providers and policies available, selecting the right two-wheeler insurance can be overwhelming. In this blog, readers can find essential tips for purchasing two-wheeler insurance that will help them make an informed decision and safeguard their precious two-wheeler. Join us on a journey to explore the world of two-wheeler insurance and ensure the bike's safety on the road.

Details to Look For While Buying an Insurance for a Two-Wheeler

When it comes to owning a two-wheeler, it is crucial to have insurance to ensure its safety on the road. If one is looking to buy two-wheeler insurance online, there are several factors to consider. Here are some essential tips to keep in mind:

Type of Policy 

It is important to consider the type of policy. There are two types of two-wheeler insurance policies available in the market: third-party and comprehensive. A third-party policy covers damages or injuries caused to a third party only, while a comprehensive policy covers both third-party damage and own damage, which is the damage caused to one's bike. Experts recommend opting for a comprehensive policy as it provides better coverage and protection. It is important to choose a policy that suits one's needs when buying two-wheeler insurance.


Knowing the exclusions of the policy is as important as knowing the coverage. When buying two-wheeler insurance, one should check the list of exclusions mentioned in the policy document to understand the situations under which one cannot raise a claim. Common exclusions include mechanical or electrical breakdown, regular wear and tear, damage when under the influence of an intoxicating substance, damage when occurring outside the geographical limits, damage due to nuclear reactions and any other situation mentioned in the policy document.


Understanding the coverage provided by the policy is crucial when purchasing bike insurance. A comprehensive policy usually offers coverage for theft, fire damage, damage due to natural calamities, man-made calamities, third-party damage, third-party legal liability and damage due to accidents. It is important to check the coverage of the policy on the insurer's website when buying two-wheeler insurance online. Having comprehensive two-wheeler insurance gives riders peace of mind.

Value of the Bike 

The current market value of the bike is used to calculate the premium of the comprehensive bike insurance policy. This value is known as the Insured Declared Value (IDV). When purchasing bike insurance online, one should set the IDV of the bike, which can be calculated based on the approximate current market value of the bike. The IDV of high-end or sports bikes will be higher, while the IDV of simple 110cc bikes will be lower.

The Credibility of the Insurance Company

Choosing a credible insurer is essential when getting the two-wheeler insured. Whether one is looking to buy bike insurance online or bike insurance renewal, one should check the reputation of the company before making a purchase. Social media is an excellent platform to know about the satisfaction levels of existing customers who have already bought bike insurance online. Additionally, one should check the claim settlement ratio and the customer support provided by the insurer to ensure that one is making the right decision.


In conclusion, purchasing two-wheeler insurance online can be a straightforward process, but it requires careful consideration of several factors. From choosing the right type of policy to understanding the coverage and exclusions, buyers should ensure that they make an informed decision. It is also essential to choose a credible insurance company with a good track record of claim settlement and customer support. By following these tips, buyers can protect their two-wheelers and themselves against financial losses in case of an accident or unforeseen events. So, do not delay and get the two-wheeler insured today to ride worry-free on the road!

Looking for a reliable two-wheeler insurance provider? Look no further than Tata Capital! Our comprehensive policies cover both third-party and own damage, ensuring that individuals and their bikes are protected on the road. In addition, our user-friendly online platform ensures a smooth and effortless experience when purchasing or renewing your policy. With a commitment to customer satisfaction and a reputation for reliability, Tata Capital is the smart choice for one’s two-wheeler insurance needs. Do not take any chances on the road – trust Tata Capital for insurance needs today!

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