Two-wheeler insurance in India


The concept of two-wheeler insurance policy in India was introduced with the 1988 Motor Vehicle Act. All automotive insurance products in India are regulated by the Insurance Regulatory Development Authority (IRDA).

According to a recent directive issued by the Indian Supreme Court, IRDAI has imposed a third party legal policy on all two-wheeler vehicles in India at the time of purchase.

Therefore, every vehicle owner must purchase at least compulsory civil liability insurance, which is the minimum coverage for automobile insurance, including two-wheeler insurance policy.

Also read: Two Wheeler Vehicle Insurance Renewal Online

Best Two Wheeler Insurance

Best Two Wheeler Insurance in India 2019

Best Two Wheeler Insurance

1) Bharti AXA Two Wheeler Insurance


Bharti AXA’s two-wheeler insurance policy covers damage to the owner/rider and his bicycle, protecting the rider from civil liability.

Bharati AXA’s also offer financial protection against losses from accidents, theft and natural disasters.

Bharti AXA is renowned for the ease with which its claims are settled in one of its approved workshops. In case of questions, the contractors can contact the customer service 24 hours a day, 7 days a week, at any time. That is why it is considered as best two wheeler insurance company in India & it’s ranks first on our list of the Top 10 Best Two Wheeler Insurance in India 2019.

2) HDFC Ergo Two Wheeler Insurance


HDFC Ergo, one of the most trusted names in the insurance industry, is a company that understands the individual needs of two-wheeler vehicles and offers the best two wheeler insurance plans in India.

With a claim settlement ratio of 94% and a cashless network of over 4,800 garages throughout the country, this company takes into consideration all the possible risks of the vehicle, thus avoiding sweating.

3) Bajaj Allianz Two Wheeler Insurance


Investing in a two-wheeler vehicle is a long-term investment. It is therefore important to invest in the two-wheeler insurance policy that protects you from all the risks to which it is exposed on the road.

Bajaj Allianz, a joint venture between Bajaj Finserv Limited and Allianz SE, offers long-term plans that cover most of the costs associated with the two-wheeler.

It specializes in immediate extensions, in a large garage network and around 75% in cash without cashless installation. Clearly, the best two wheeler insurance company understands the problems associated with maintaining a two-wheeler vehicle and has plans that make it easier & it’s ranks third on our list of the Top 10 Best Two Wheeler Insurance in India 2019.

4) IFFCO Tokio Two Wheeler Insurance


IFFCO Tokio offers the best two wheeler insurance to protect vehicles from all possible risks. To protect you from unforeseen events that may occur at any time, IFFCO Tokio – one of India’s leading insurance companies – offers a wide range of auto insurance products also that not only protect your tangible assets but also protect you from the unexpected.

IFFCO Tokio two wheeler insurance includes full compensation. It offers auto insurance against disorders, fires, thefts, explosions, strikes, terrorist activities, and malicious acts. This two wheeler insurance policy also protects you from acts of force such as earthquakes, hurricanes, floods, tsunamis, etc. & it’s ranks forth on our list of the Top 10 Best Two Wheeler Insurance in India 2019.

Alos read: Go Digit General Insurance

5) Kotak Mahindra Two Wheeler Insurance

Kotak Mahindra General Insurance is one of the leading insurance companies in India 2019. It is a wholly owned subsidiary of Kotak Mahindra Bank Ltd.

Kotak Mahindra two wheeler insurance was created to serve the growing non-life insurance market in India. The company aims to expand its customer base and geographic offerings with a range of non-life insurance products such as motor, health, etc. & it’s ranks fifth on our list of the Top 10 Best Two Wheeler Insurance in India 2019.

6) New India Assurance


Buying a two wheeler vehicle is a huge investment. But if you keep it, there should be no holes in your pocket. As a result, New India Assurance offers third-party coverage, fast delivery times and 24/7 customer support to ensure that all two-wheeler needs are addressed in one complete plan.

This two wheeler insurance company offers one of the plans to cover its own damages, third-party and accidental damage, to the owner and driver in order to relieve the owner of the two wheels in critical situations of higher costs. & it’s ranks sixth on our list of the Top 10 Best Two Wheeler Insurance in India 2019.

7) Oriental Two Wheeler Insurance


With the current increase in the accident rate, it is imperative to protect the vehicle from all the risks it faces on the road. Therefore, it is advisable to invest in the two-wheeler insurance to ensure that the costs of the two-wheelers are well taken care of.

Oriental insurance, one of the oldest and most reliable names in the insurance industry, offers attractive two-wheeler insurance plans for vehicle owners. The company not only covers you but also offers a traveling companion.

With online policies, instant claims settlement, discount bonuses and many other lucrative benefits, Oriental Insurance is an all-inclusive insurance company for two-wheeler owners in India. & it’s ranks seven on our list of the Top 10 Best Two Wheeler Insurance in India 2019.

Best Two Wheeler Insurance

8) Reliance Two Wheeler Insurance


Reliance, one of the most trusted names in insurance, is also a leader in the two-wheeler sector.

The company understands the problems associated with purchasing insurance for two-wheelers and offers tailor-made insurance adapted to the needs of the vehicle owner. With paperless extensions in real time, long-term contracts and attractive discounts, the company is gaining the preference of two-wheelers. & it’s ranks eighth on our list of the Top 10 Best Two Wheeler Insurance in India 2019.

9) United India Two Wheeler Insurance


United India is one of the oldest players in the insurance ecosystem. The company understands the importance of two wheeler insurance policy and therefore offers unique diets tailored to individual needs.

This two wheeler insurance company offers online insurance policies and offers a 50% discount to drivers who are blind and mentally handicapped on the road. United India is one of the few suppliers to offer an extension of the geographical area with an additional nominal amount of Rs. 500 & it’s ranks ninth on our list of the Top 10 Best Two Wheeler Insurance in India 2019.

10) Universal Sompo Two Wheeler Insurance


In unexpected situations, repair costs should not be your main concern. That’s why Universal Sompo offers two wheeler insurance plans that will not interfere with your budget and protect your vehicle from damage.

This best two wheeler insurance company perfectly understands the needs of an Indian driver and therefore covers the two-wheeler insurance benefits & it’s ranks tenth on our list of the Top 10 Best Two Wheeler Insurance in India 2019.

Also read: Hero Insurance

Which is the cheapest two wheeler insurance?

Ans: The list of best cheapest two wheeler insurance plan:
1) Bharti AXA Two Wheeler Insurance
2) HDFC Ergo Two Wheeler Insurance
3) Bajaj Allianz Two Wheeler Insurance
4) IFFCO Tokio Two Wheeler Insurance
5) United India Two Wheeler Insurance

Which is best two wheeler insurance?

Ans: The Top 5 best two wheeler insurance is:
1) New India Assurance
2) HDFC Ergo Two Wheeler Insurance
3) Bajaj Allianz Two Wheeler Insurance
4) IFFCO Tokio Two Wheeler Insurance
5) United India Two Wheeler Insurance

How is two wheeler insurance premium calculated?

Ans: Calculate your Two Wheeler Insurance Premium:
1) Select your two-wheelers.
2) The two-wheeler model you have.
3) Select the subtype of your two-wheeler.
4) Choose RTO city.
6) The year your bike was made.
7) Enter your personal details to get a quote.
8) Compare premium & buy online

This article was written by

Abhishek A. Kamble (Digital Marketing & SEO Expert)

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