Compare Two-Wheeler Insurance

Explore Wide Range of Options

By comparing bike insurance plans online, you can explore multiple options, evaluate their features, and select the one that aligns perfectly with your needs.

Save on Costs

When you compare bike insurance online, you can also see the premiums applicable to the specific policies. This helps you choose the best bike insurance policy that fits your budget without compromising coverage.

Convenience

Comparing bike insurance online saves you time and effort significantly. You can conveniently browse through policies, compare prices side by side, and make a decision from the comfort of your home or office.

Customisation

Each bike owner has unique requirements and preferences regarding insurance coverage. Online comparison allows you to customise your search by selecting specific coverage options and add-ons.

Make a Wise Financial Decision

With the bike insurance premium calculator, you can keep revising your inputs for the coverage to identify the best policy and make a well-informed decision.

Before we go through the steps to compare bike insurance plans, let us quickly look at the different types of policy options.

At TATA AIG, we offer three types of bike insurance plans online: comprehensive bike policy, third-party bike policy and standalone own-damage bike policy.

Here is a quick comparison between the three plan options:

Steps to Compare Bike Insurance Online with TATA AIG

Let us look into the detailed steps to help you better with the bike insurance online comparison.

Access the Bike Insurance Calculator

The bike insurance premium calculator is available at the top of this page.

Enter Bike Details

Enter your bike’s registration number. The system will fetch details about your two-wheeler like the name of your bike, the month and year of purchase, own damage and third-party coverage expiry date, etc. Verify the details, and click on “See Price”.

Review Insured Declared Value (IDV)

The system will provide the IDV for your vehicle. It refers to the amount that you will receive in case your bike is stolen or damaged beyond repair. The IDV will be provided by default. You can also edit it if necessary.

Also Read: IDV in Bike Insurance

Compare Bike Insurance Plans

Based on your inputs, the calculator will display a list of the recommended bike insurance policy options. You can compare the policy options and their coverage to choose a suitable policy.

Review Policy Details

Dive deeper into each policy's details by reviewing the terms and conditions, inclusions, exclusions, and other relevant information before making a decision.

Add Additional Covers

TATA AIG offers various add-ons or riders to enhance coverage. These include zero depreciation, engine protection, roadside assistance, and more. You can include additional covers based on your preferences.

Analyse Premiums

Compare the premiums associated with each policy, considering your budget and the coverage offered. Decide on a policy that offers adequate coverage for your specific requirements and that aligns with your budget.

Check Discounts

Look for any discounts or offers available for the policies you are considering. TATA AIG often provides discounts for factors like no-claim bonuses, installation of anti-theft devices, or being a member of certain automobile associations.

Make a Decision

Based on the comparison, policy details, premiums, and discounts, choose the bike insurance policy that best meets your requirements. Once you've selected, you can proceed to make the premium payment online.

Type of Bike Insurance Policy

Understand the different coverage types available, such as comprehensive, own-damage, and third-party insurance. Evaluate your needs and choose the type that provides the desired level of protection.

IDV and Depreciation

Insured Declared Value (IDV) is the maximum amount that you will receive in case of total loss or theft of your bike. It is calculated based on your two-wheeler’s current market value, less the applicable depreciation. Opt for a policy with a higher IDV to ensure maximum protection.

Policy Inclusions and Exclusions

Carefully review the inclusions and exclusions of each policy. Inclusions are the events and damages covered, while exclusions are those not covered. Look for policies with comprehensive coverage to maximise protection.

Add-ons and Riders

Optional add-ons enhance your coverage. However, they are available at an additional premium. Look out for the different add-ons and choose the ones that are absolutely necessary, considering the potential risks involved in your usage.

Premiums and Deductibles

While you do the two-wheeler insurance premium comparison, also make a note of the deductibles. Deductibles refer to the amount that you need to pay for the expenses before we settle the remaining claim amount.

Discounts and No-Claim Bonus

Look for discounts we offer, such as a no-claim bonus for claim-free years. These discounts can significantly reduce your premium. Assess the discounts available and choose a policy that provides the best value for money.

Policy Terms and Conditions

Thoroughly read the policy's terms and conditions to understand the fine print. Pay attention to inclusions, exclusions, and renewal procedures.

Analyse your Requirements

Assess your driving conditions and risk factors around your daily commute and long driving journeys.

• If you seek all-around protection for your bike, comprehensive bike insurance is the perfect choice.
• If you already have a third-party insurance coverage and want exclusive coverage for your own bike, then the standalone own damage bike insurance policy is a suitable choice.
• If you use your two-wheeler less frequently, a third-party bike insurance can be a preferred option.

Examine Repair Expenses

Visit a few garages near your location and enquire about the repair expenses. This will help in determining the coverage and add-ons required.

Compare Bike Insurance Online

Consider the factors that we have discussed in the previous section and choose a suitable two-wheeler insurance policy that will satisfy your specific requirements.

Type of Policy

The type of policy you choose, whether comprehensive, standalone own damage, or third-party bike insurance, has a significant impact on your premium.

Bike's Make, Model, and Age

The make, model, and age of your bike play a significant role in determining the insurance premium. Due to their higher repair or replacement costs, expensive or high-performance bikes generally have higher premiums. Similarly, older bikes may have lower premiums compared to newer ones.

Insured Declared Value (IDV)

Insured Declared Value is the maximum amount you get in case of theft or total loss of your bike. The IDV is closely linked to the premium. Higher IDV implies a higher premium, reflecting the increased risk and potential cost of claim settlement.

Engine Cubic Capacity (CC)

The engine cubic capacity, or CC, is another crucial factor affecting the premium. Bikes with higher CC engines tend to have higher premiums since they are associated with greater power and speed, resulting in a higher risk of accidents or damage.

Location

The geographic location where your bike is primarily used and parked can impact the premium. Areas with higher incidences of theft, accidents, or vandalism may have higher premiums. Urban areas where traffic density is higher also tend to have higher premiums due to increased risks.

No-Claim Bonus (NCB)

A No-Claim Bonus is a discount offered on the premium for every claim-free year. The NCB can accumulate over time, leading to substantial discounts on the premium. Maintaining a good NCB history can help lower your premium significantly.

Rider's Age and Experience

The policyholder's age and riding experience are considered. Younger riders or those with less experience may be perceived as higher risk, resulting in higher premiums. Older riders with a clean driving record may be eligible for lower premiums.

Add-ons and Riders

Additional covers or riders, such as zero depreciation, roadside assistance, and engine protection, can enhance your coverage and increase the premium. Adding more add-ons will result in a higher premium.

Previous Claims History

Your past claims history influences the premium. A higher frequency of claims may result in a higher premium, indicating a higher risk profile.

Reputation and Trust

We have earned a strong reputation for our customer-centric approach. With over 20 years of experience in the insurance industry, we have built lasting trust and loyalty among our policyholders.

Multiple Policy Options

Choose from third-party, standalone own damage, or comprehensive bike insurance plans. You can also opt for a long-term bike insurance policy with a 3-year or 5-year tenure.

You can also select a bundled policy with 1-year own damage cover and 3-year or 5-year third-party cover.

Comprehensive Coverage

TATA AIG offers comprehensive coverage that protects your bike against various risks, including accidents, theft, natural disasters, fire, and third-party liabilities.

Wide Range of Optional Add-ons

Choose from over 7+ optional add-ons, such as depreciation allowance, return-to-invoice cover, emergency medical expenses, etc., to enhance your basic bike insurance policy with additional coverage.

Affordable Premiums

You can customise your bike insurance policy by selecting your preferred IDV, choosing a longer policy tenure, and adding optional add-ons for enhanced coverage, all at an affordable premium.

Instant Policy Issuance

You can buy two-wheeler insurance online with TATA AIG in a few simple steps. It requires minimal documentation, and the policy is issued almost instantly to your email ID.

Wide Network of Cashless Garages

We have a vast network of over 4200 garages for cashless repairs across India. This network ensures that you have easy access to reliable repair facilities in case of an accident or damage to your bike.

Transparent and Fair Practices

TATA AIG upholds transparent and fair practices in their insurance policies. We provide clear and comprehensive policy documents, including terms, conditions, and exclusions.

User-friendly Online Platform

We offer a user-friendly platform for policy purchase, renewal, and claim settlement. Our website is intuitive and easy to navigate, ensuring a seamless and convenient experience for policyholders. Bike insurance price comparison online saves a lot of your time and effort.

Hassle-free Claim Settlements

We extend a simple and seamless claim settlement process for both cashless or reimbursement claims. You can initiate a claim online and complete the process in a few simple steps.

Here is a quick detail about the steps to buy two-wheeler insurance.

Visit our Official Website and Enter Details

Visit our official TATA AIG website. Under the “Personal” tab, click on “Bike Insurance”. Enter your bike’s registration number and click on “Get Price”. If you are purchasing it for a new bike, you have the option to proceed without the registration number.

Compare Two-Wheeler Insurance Options

Assess your bike's value, budget, and coverage needs. Consider factors like your bike's age, location, and usage patterns to compare bike insurance online and choose a suitable policy.

Select Add-ons

We offer a range of add-ons or riders to enhance your bike insurance coverage. Review the available add-ons, such as zero depreciation, roadside assistance, and engine protection. Choose the ones that align with your requirements and add them to your policy.

Fill in Personal Details and Bike Details

Provide your personal information, including your name, PAN, contact details, and address. This information is necessary for processing your insurance application and generating policy documents. Enter the required bike details and ensure it is completely accurate.

Review and Customise

Review the policy details, coverage limits, deductibles, and premiums. Ensure that the policy meets your requirements and make any necessary customisation based on your preferences.

Make Payment

Proceed to the payment stage and select your preferred payment method. We offer various convenient payment options, including net banking, debit/credit cards, and digital wallets. Make the payment for the chosen policy.

We will generate your bike insurance policy documents once the payment is confirmed. These documents will be sent to your registered email address or made available for download on the website.

At TATA AIG, we have simplified the process of two-wheeler insurance online comparison, allowing you to explore a wide range of policies and choose the best policy. With our user-friendly platform, you can easily compare features, premiums, and discounts to make an informed decision.

We prioritise transparency and provide comprehensive information about each policy's coverage and terms.

Take the first step towards a secure future for your two-wheeler by making the smart choice with our bike insurance comparison platform. Start your journey today and ride confidently, knowing your bike is protected by the best insurance policy available.