Bike Insurance in Pune

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Bike Insurance in Pune

As Pune grapples with escalating traffic issues because of the surge in vehicle numbers, navigating its roads has become increasingly challenging. The increasing instances of unlawful parking paired with risky lane switching have been hazardous for two-wheelers.

Such circumstances call for the need for bike insurance in Pune. Getting two-wheeler insurance helps you cover unexpected expenses in the event of an unfortunate road incident.

However, it can get confusing to decide on a bike insurance policy without a proper roadmap for the process. Hence, here is an overview of the information that you require to obtain two-wheeler insurance in Pune.

All About Bike Insurance in Pune and Why You Need One

Bike insurance in Pune is paramount for bike riders as it offers financial protection on the city’s unpredictable roads. Adhering to the Motor Vehicles Act of 1988, every vehicle owner is mandated to possess third-party motor insurance.

Yet, with various options between comprehensive, standalone own-damage and standalone third-party bike insurance policy, as well as available add-ons, you can opt for a coverage that fits your priorities.

Problems Faced by Bike Owners in Pune

  • Bike riders in Pune grapple with multiple challenges on the busy streets of the city. Here are a few that pose a particular danger to their safety:

  • Illegal overtaking practices endanger bike riders as the proximity at high speeds can disturb the balance of the bikes.

  • Illegal parking around blind spots or narrow lanes increases the chances of congestion and collisions.

  • Unlawful and negligent driving in traffic-prone areas.

  • Dangerous lane switching at high speeds.

  • Blind spots in the city centres and around narrow lanes increase the likelihood of collisions with other vehicles as well as stationary objects.

  • Inadequate visibility in the darker hours also increases the risk of collisions, as larger vehicles might not be able to spot two-wheelers in low visibility.

Tata AIG Bike Insurance Pune

Tata AIG has three types of bike insurance policy plans to choose from. These options under Tata AIG Bike Insurance policies ensure that you get personalised coverage that matches your priorities while also meeting a diverse array of insurance requirements.

Tata AIG’s Comprehensive Bike Insurance policy

Tata AIG’s Comprehensive bike insurance policy offers extensive coverage, which distinguishes it from the other two-wheeler insurance options. It safeguards against a multitude of damage, which include both natural calamities as well as man-made incidents.

Furthermore, this policy also extends its protection against third-party liabilities in the event of bike accidents. Here are details on this comprehensive form of coverage:

Inclusions Accidental Damages
Fire and Explosion
Man-made Damages
Theft or Malicious Acts
Damage Beyond Repair
Personal Accident Cover for Owner/Driver
Third-party Liability
Add-ons for Extensive Coverage
Exclusions Ordinary Wear and Tear Due to Usage
Damage Caused Due to Driver/Owner Negligence
Damage Caused Due to Driver/Owner Driving Without Wearing a Helmet
Damage Caused Due to Driver/Owner Driving Without a Valid Licence
Absence of Add-on and Covering Specific Damage
Ideal For Bike Riders Who Want Extensive Insurance that Provides Extra Protection.

Tata AIG’s Standalone Own Damage Cover Bike Insurance policy Tata AIG’s Standalone Own Damage Cover Bike Insurance policy offers specialised compensation for damages sustained by your insured bike during unexpected road incidents. It serves as a valuable addition to third-party insurance. Here are the specifications of this policy in detail:

 Inclusions Accidental Damages
Fire and Explosion
Man-made Damages
Theft or Malicious Acts
Damage Beyond Repair
Exclusions Third-party Damages
Drunk Riding Damages
Without a Licence Driving/Riding
Ideal For Bike riders Living or Driving Through High-risk or Accident-prone Areas and Wanting Protection for Their Vehicle. 

Tata AIG’s Third-party Bike Insurance Policy

Tata AIG’s Third-party Bike Insurance policy provides vital protection against third parties due to the involvement of your insured bike. As mandated by the Motor Vehicles Act of 1988, this policy offers financial security for third-party liabilities. However, for more comprehensive coverage, it is advisable to consider investing in Tata AIG’s Comprehensive Bike Insurance policy.
Here are the specifications of the Third-party Bike Insurance policy:

 Inclusions Third-party Liability
Third-party Property Damage
Legal Expenses
Exclusions Own Damage
Theft and Fire Damage
Personal Injury to Owner/Rider
Add-ons and Optional Covers

Best Bike Insurance in Pune: Third-party Vs Standalone Own Damage vs Comprehensive Bike Insurance Policy

Parameters  Third-party Bike Insurance policy Standalone Own Damage Bike Insurance policy Comprehensive Bike Insurance policy
Coverage Third-party Bike Insurance policy ensures legal and financial protection for damages caused to third parties by your insured bike. Standalone Own Damage Bike Insurance policy exclusively provides coverage for damages and losses sustained by your insured bike. A Comprehensive Bike Insurance policy provides extensive protection against accidents
and third-party liabilities and includes personal accident cover for the owner/driver 
Third-party Liabilities Third-party Bike Insurance policy provides comprehensive financial and legal aid for third-party liabilities incurred.  Standalone Own Damage Bike Insurance policy exclusively excludes coverage for third-party liabilities. A Comprehensive Bike Insurance policy provides coverage for third-party liabilities associated with your insured bike.
Add-ons Third-party Bike Insurance policy does not provide an option for add-ons.  The Standalone Own Damage Bike Insurance policy has a range of add-ons that can be used to tailor the coverage to your preferences.  Comprehensive Bike Insurance policy has unique add-ons that can make the coverage under this policy even more extensive.
Which Insurance is Better? It is an ideal choice if fulfilling legal compliance is your priority. It is an ideal choice if damage protection for your bike is your priority. It is an ideal choice if the overall protection of your bike is your priority.

What is the Two-Wheeler Insurance Rate in Pune?

The two-wheeler insurance rate in Pune depends on several factors such as:

Make and Model:

The make and model of the bike you own can impact insurance premium rates. High-end and luxury bike models typically attract higher premium rates due to their higher repair costs and replacement rates. Similarly, lower or medium-range models attract premium rates due to their lower repair costs and replacement rates.


The geographical location plays a vital role in determining the insurance premium rates. Rural areas, as they have lower risk factors; hence, the insurance premiums offered are at lower rates. Similarly, since urban and metropolitan areas have increased possibilities of theft and accidents, these areas face higher premium rates.


Comprehensive policies offer additional add-ons with extra coverage options, which can be incorporated into the insurance package at additional costs. These provide additional protection against unexpected financial burdens from services like roadside assistance, zero depreciation or engine protection.


Insured Declared Value, also known as IDV, is a crucial factor affecting insurance premium rates. It represents the maximum amount payable by the insurance provider in the event of a total loss. Higher IDV values translate to higher premiums as insurance providers assume greater liability for potential payouts.

No Claim Bonus:

Maintaining a claim-free record qualifies you for a no-claim bonus. It serves as a reward system that offers discounts on premiums upon policy renewal. Accumulated no-claim bonuses act as a reward for responsible riding behaviours and encourage the prioritisation of your safety on the road. This incentive ultimately leads to reduced insurance costs over time.

You can use the Tata AIG bike insurance premium calculator to calculate the two-wheeler insurance rate in Pune swiftly and conveniently from the comfort of your home.

Third-party Bike Insurance Policy Premium Rates

The premium for a third-party bike insurance policy is calculated by considering the bike’s engine capacity (CC) and other important variables.

Moreover, these premiums are generally standardised across various insurance providers. They are determined by the annual rates set by the Insurance Regulatory and Development Authority of India (IRDAI).

How to Choose the Best Bike Insurance in Pune?

When choosing a Bike Insurance policy in Pune, the following guidelines could be helpful:

Claim Settlements:

Pick a reliable insurance provider like Tata AIG which has a reputation for ensuring efficient claim settlement processes.

Coverage Assessment:

Determine what protections the Bike Insurance policy provides. Based on your needs and finances, choose an option that fits your preferences. Decide between a third-party or comprehensive coverage based on your vehicle’s age, usage, and cover requirements.

Premium Evaluation:

Get a premium cost estimate before making a purchase. It is essential to understand all the variables associated with the cost to make informed decisions.


Prior to making a purchase, assess the value of all add-on options. As mentioned earlier, premiums may vary based on different factors. Hence, to ensure it matches your priorities it is best to evaluate the requirement for every add-on and its corresponding pricing.

Exclusion Awareness:

Stay informed about the list of exclusions in the insurance policy for two-wheelers. This helps prevent potential claim issues in the future.

Why Should You Choose an Online Bike Insurance Policy?

  • Buying a Bike Insurance policy online helps you bypass the long bank queues and makes the process swift and hassle-free.

  • Online platforms allow effortless comparison of various Bike Insurance policy plans and their features. This helps you acquire the best policy tailored to your needs.

  • Online purchasing of a Bike Insurance policy eliminates the need to organise paperwork for the process. You can also access and download the insurance documents at your convenience from the comfort of your home or whenever needed urgently.

  • With the online process, exploring the wide range of add-ons and their features becomes easy. This helps select add-ons that are genuinely essential and fit your preferences.

  • The online process of purchasing a Bike Insurance policy is conducted securely, which safeguards your personal information.

Why Choose Tata AIG’s Two-Wheeler Insurance in Pune?

  • Tata AIG offers a seamless buying and renewal process through the online portal. Simply put in your details and secure the coverage you want in a few clicks.

  • Tata AIG customises your comprehensive Bike Insurance policy with tailored add-ons. This provides comprehensive 360-degree protection that safeguards both you and your vehicle.

  • Tata AIG provides an extensive network of cashless repair services that ensures you receive swift assistance in times of need. These are covered under the comprehensive two-wheeler policy.

  • Tata AIG provides effortless initiation of your claim. Simply access the online claim procedure page and provide the required information to kick-start the process seamlessly.

  • Tata AIG is dedicated to serving and satisfying all customers with the best experience. Moreover, you will also experience the decade-long unwavering commitment the company has towards earning and retaining your trust.

Key Features and Benefits of Tata AIG’s Bike Insurance in Pune

Key Features and Benefits Details 
Savings on Premiums You can get up to 75% off on your two-wheeler premium payments. You can learn more about the discounts while you buy a Bike Insurance policy online.
No Claim Bonus (NCB) Tata AIG offers a No Claim Bonus (NCB) discount if you have a claim-free year/s.
Easy Claims Process With a dedicated team of 650 claim experts, you experience a seamless claim process online with Tata AIG in a few easy steps.
Own Damage Cover for the Bike Tata AIG’s comprehensive two-wheeler policies provide an Own Damage Cover to your bike caused by accidents or natural or man-made disasters.
Third-party Damage Cover Our two-wheeler insurance policies cover third-party liabilities - third-party property damage and injuries/death to a third person.
Varied Add-ons You can choose from a wide range of add-ons that enhance your two-wheeler insurance policy to provide you with all-around protection.
High Claim Settlement Ratio With a 99% claim settlement ratio (FY 2022-2023), Tata AIG offers a high claim settlement ratio for your vehicle insurance claims.
Cashless Repair and Reimbursement With 7500+ network garages all over the country, Tata AIG helps you avail of cashless service on your bike’s repairs.

Best Bike Insurance Add-Ons to Get in Pune

Emergency Medical Expenses Coverage:

This add-on provides coverage for emergency medical and ambulance expenses that may result from unexpected road incidents. The road incidents must be covered under your Bike Insurance policy.

Zero Depreciation Protection:

This add-on provides coverage for claims for both your bike part replacements and repairs. You can easily get reimbursement for the deducted depreciation amount.

Return to Invoice Guarantee:

This add-on protects your investment with the assurance of receiving either the invoice cost or the current market value of your bike in the event of theft or total damage.

Roadside Assistance Assurance:

This add-on helps you stay prepared for unforeseen roadside emergencies with immediate assistance. This includes issues such as fuel shortages, dead batteries, or flat tyres, which ensures you are never stranded.

Consumable Expenses Coverage:

This add-on ensures you are reimbursed for all damages to your bike consumables resulting from accidents.

How to Buy and Apply for Bike Insurance Renewal Pune?

You can conveniently buy or renew your Tata AIG Bike Insurance by following these Steps:

How to Buy Bike Insurance Policy

Step 1: Navigate to the official website of Tata AIG

Step 2: Click on the “Bike Insurance policy” page.

Step 3: Fill in your required bike registration details.

Step 4: Click on “Get Price” for policy details.

Step 5: The online bike insurance calculator will display your Bike Insurance policy price on the page that loads.

Step 6: Next, you will find IDVs on the screen; from these, you need to choose the IDV that is right for you.

Step 7: After that, you will be displayed your Bike Insurance policy premium details.

Step 8: Finally, you need to pay your premium amount from any given mode of payment. Once your payment is done successfully, you will receive soft copies of your insurance on the registered email ID.

How to Renew Bike Insurance Policy

Step 1: Navigate to the official website of Tata AIG

Step 2: Select the “Bike Insurance policy” page.

Step 3: Fill in your bike registration details.

**Step 4:**Click on “Renew” to renew your existing insurance policy.

Step 5: Now, the online Bike Insurance calculator will display your policy price.

Step 6: Next, you can view IDVs on the screen and select the right IDV as per your requirement.

Step 7: You will be displayed your No Claim Bonus (NCB) value of the previous year.

Step 8: Next, your Bike Insurance policy premium amount will be displayed.

Step 9: Here, you need to pay your premium amount for Bike Insurance policy renewal. You can choose any given payment mode, and after successful payment, you will receive soft copies of your insurance documents.

How to File a Claim for Two-Wheeler Insurance in Pune with Tata AIG

Reimbursement Bike Insurance Policy Claims

Step 1: Contact the Tata AIG insurance executive after the incident (theft or accident) or visit the Claims Process page.

Step 2: Provide the executive with your policy details, vehicle information, and details of the incident. Alternatively, fill in the details required online through the “Claims Process” page.

Step 3: You can opt for self-inspection of the bike under the claims process. Moreover, our executive shall survey the damages incurred to your bike. You can then send it to your preferred garage.

Step 4: After your vehicle is repaired, provide the insurer with repair bills, policy documents, and a certificate of registration to file a reimbursement claim.

Step 5: Finally, the insurer will release the claim amounts after verifying all documents and certificates.

Cashless Bike Insurance Policy Claims

Step 1: Connect immediately with Tata AIG insurance executive after a theft or accident.

Step 2: Register your claim within 48 hours of the incident by providing the insurer with policy details, vehicle registration information, and accident details.

Step 3: The insurance executive will then survey damages that occurred to your vehicle.

Step 4: Once the survey is completed, your vehicle will be sent to the network garage for repair. The insurer will then proceed with the claim settlement process and pay for expenses involving your insured bike.

Documents Needed for Bike Insurance Policy Claims in Pune

  • All completed and signed claim documents

  • A self-attested vehicle registration certificate copy

  • Driving licence of the person driving the vehicle during an accident

  • Copy of bike insurance policy papers

  • The original receipt, bills, and invoice

  • The original invoice for the cashless claim settlement

Tata AIG Cashless Garages in Pune

Tata AIG stands out for its unwavering dedication to delivering unparalleled service. This is especially evident in its extensive network of cashless garages. With Tata AIG your Tata AIG-insured bike is guaranteed top-tier repair services seamlessly. These authorised garages are managed by skilled professionals who provide meticulous attention and care to your bike and ensure it is treated with precision and expertise.

Today’s fast-paced world calls for a need for convenience when it comes to accessing services. Tata AIG’s garage locator simplifies the process of locating the nearest authorised garage seamlessly. By providing your location details and information about your vehicle you can swiftly identify the most suitable service centre for your requirements.

It is important to note that cashless repairs are an exclusive benefit of Tata AIG’s comprehensive plans. While these plans offer the convenience of cashless transactions, the availability may vary depending on your location. Additionally, Tata AIG’s dedicated customer support service is readily available to provide detailed information regarding the network of garages and their array of services.

Disclaimer / TnC

Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.

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How can I find Bike Insurance near me?

How can I find Bike Insurance near me?


To find a Bike Insurance policy near you: Navigate to the Contact Us page on our website. On the page, click on the ‘Tata AIG Branches’ section. Enter your city name (Pune, in this case). Click on ‘Search’. A list of the closest Tata AIG branches in Pune should be displayed for your use. Drop by and let us help you buy the best Bike Insurance in Pune for you.

Can I cancel my Bike Insurance policy mid-term?


Yes, you can cancel your Bike Insurance policy mid-term. For more details, you can also Contact Us.