IRDAI Compliant 2-Wheeler Insurance
Bike Insurance Policies & Zero-Depreciation Guide
Understand mandatory legal requirements, avoid costly accident out-of-pocket bills with 100% Zero Depreciation, and calculate your exact premium in seconds.
Instant Bike Insurance Premium Calculator
Calculate 1-Year Own Damage + 5-Year Mandatory Third-Party Package with Add-ons
Bike Ex-Showroom Value (IDV Baseline):₹2,50,000
Zero Depreciation (Bumper-to-Bumper)
1 Year Own Damage + 5 Years Third Party (Mandatory IRDAI)
Standard Comprehensive Package
1 Year Own Damage + 5 Years Third Party
Third-Party Liability Only (Mandatory)
5 Years Mandatory Cover
24x7 Roadside Assistance (RSA)
+₹899
Engine & Gearbox Protector
+₹1250
Return to Invoice (RTI) Cover
+₹1499
Personal Accident Cover (₹15 Lakhs)
+₹375
Consumables Cover
+₹599
Key Replacement & Lockset Cover
+₹450
Estimated Total Premium (with 18% GST)
₹17,138
Base Own Damage & TP:₹12,000
Add-ons Total (3):₹2,524
GST (18% Statutory):₹2,614
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Cashless claims available across 9,000+ OEM workshops
Plan Comparison
Zero-Dep vs Comprehensive vs Third Party
Detailed breakdown of coverage, depreciation deductions, and claim benefits.
MOST POPULAR & RECOMMENDED
Zero Depreciation (Bumper-to-Bumper)
100% Payout on Plastic, Metal & Carbon Fiber Parts with Zero Deduction
Tenure: 1 Year Own Damage + 5 Years Third Party (Mandatory IRDAI)
What’s Covered:
- 100% Part Replacement Cost with 0% depreciation on fiber, plastics, and glass
- 5-Year Mandatory Third-Party Legal Liability Protection
- Theft, Fire, Cyclone, Flood & Natural Calamity Coverage
- Cashless Claims at 8,500+ Authorized Dealer Garages Nationwide
- Free Towing & Spot Survey within 60 Minutes
Exclusions:
- Normal wear and tear of tires/clutch without accident damage
- Driving under influence of alcohol or driving without valid license
- Mechanical breakdown not resulting from an external impact
Best For: New bikes, sportbikes with expensive fairings, premium cruisers, and high-value commuters
BALANCED VALUE
Standard Comprehensive Package
Complete Own Damage & Third-Party Protection with Standard Depreciation
Tenure: 1 Year Own Damage + 5 Years Third Party
What’s Covered:
- Own Damage coverage against road accidents, vandalism & riots
- 5-Year Third-Party Bodily Injury & Property Damage Protection
- Cashless repair network at authorized manufacturer service centers
- Total loss payout up to declared Insured Declared Value (IDV)
Exclusions:
- Depreciation deduction (30%-50% on plastic and rubber components)
- Engine hydrostatic lock damage without engine protection addon
- Personal belongings stolen from bike luggage
Best For: Budget commuters and riders looking for standard protection with lower premium
LEGAL MINIMUM
Third-Party Liability Only (Mandatory)
Statutory 5-Year Legal Compliance Required by RTO for Bike Registration
Tenure: 5 Years Mandatory Cover
What’s Covered:
- Mandatory compliance for RTO number plate and registration
- Unlimited liability for third-party bodily injury or fatal accidents
- Third-party property damage coverage up to ₹1,00,000
Exclusions:
- Zero coverage for damages to your own bike in accident
- Zero coverage for bike theft or fire
- Zero roadside assistance or towing
Best For: Only suitable if you strictly need statutory compliance with no own-damage cover
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