the insurer's Two Wheeler Insurance covers motorcycles, scooters, mopeds, and electric two-wheelers across seven policy types — from annual to 5-year long-term. Mandatory third-party cover (₹1 lakh property limit). Own damage covers accident, theft, flood, fire, cyclone, earthquake, landslide and more. Pillion rider cover available as add-on. ₹100 compulsory deductible. ₹300 towing. NCB up to 50% on OD premium.
the insurer Motor· 2nd Motor Product· 7 Policy Types· Supreme Court 5-Year Mandate
the insurer's Two Wheeler Insurance covers motorcycles, scooters, mopeds, and electric two-wheelers under the Motor Vehicles Act 1988. Directly fetched from the the insurer website: seven distinct policy types, ₹100 compulsory deductible, ₹300 towing limit, NCB 20%–50%, and five the insurer-confirmed add-ons. Mandatory third-party cover; own damage optional but strongly recommended.
No other the insurer product has seven distinct policy structures. Annual, Long-Term (2/3yr), and three special new-bike options post September 2018 Supreme Court mandate — including the bundled 5yr TP + 1yr OD. One policy type for every rider's need.
Most Varied in the insurer Series"Compulsory Deductibles: Rs 100/- for Two Wheelers." — the insurer website confirmed exactly. Just ₹100 out of pocket per claim — the lowest compulsory deductible of any the insurer product. Private cars pay ₹1,000–₹2,000. Riders bear just ₹100 per claim settlement.
Lowest in the insurer Series"The policy also pays for towing charges from the place of accident to the workshop upto a maximum limit of Rs.300/- for Scooters/Motorcycles. It is also permissible to opt for higher towing charges subject to payment of extra premium." — the insurer website confirmed.
Extendable with add-onSame IRDAI-mandated NCB slabs as private car: 20% → 25% → 35% → 45% → 50% over 5 claim-free years. Applies only on Own Damage (OD) premium. On a ₹3,000 OD premium, 50% NCB saves ₹1,500/year. Transfer to new bike or new insurer with NCB certificate.
20%→50% OD DiscountElectric scooters and motorcycles (Ola S1, Ather 450X, TVS iQube, Hero Vida, Bajaj Chetak Electric) are covered under the insurer Two Wheeler Insurance. Battery pack damage in accidents is covered. Note: battery claims are significantly more expensive — Zero Dep add-on is strongly recommended for EVs.
EV + Petrol Both CoveredStandard policy covers ONLY the owner-rider (PA ₹15 lakh). The pillion passenger is NOT covered. A separate Pillion Rider PA add-on (₹100–₹300/year) is required for passenger protection. Essential for anyone who regularly carries a pillion passenger.
Pillion PA Add-On Neededthe insurer Official Website — 7 Distinct Policy Types for Two Wheelers
No other the insurer product offers seven distinct policy structures. Two-wheelers are unique because of the Supreme Court 2018 mandate for 5-year TP on new bikes — creating three special new-bike policy types. Choose based on whether your bike is new (purchased on/after 01.09.2018), existing, or long-term coverage needed.
1 year Own Damage + 1 year Third-Party liability combined. The standard annual comprehensive policy for existing bikes. Covers your bike AND third parties. Eligible for NCB on renewal. All add-ons available. Most complete annual option. Renew every year — keep NCB within 90-day window.
1yr OD + 1yr TP· NCB applies1 year Third-Party only — minimum legal compliance. Covers your legal liability to third parties only. Does NOT cover your own bike for damage or theft. Cheapest option — IRDAI-fixed premium. Suitable for very old bikes where own damage protection has minimal value.
1yr TP only· No OD· Cheapest2 or 3 year Own Damage + Third-Party combined. Saves on annual paperwork and renewal hassle. Premium locked for the term — no annual renewal. NCB applicable at end of each policy year. Add-ons can be included for the full term. Avoid TP premium hikes during the term.
2 or 3yr OD + TP· Locked premium2 or 3 year Third-Party only — no Own Damage. Useful if you want multi-year TP compliance without OD cover. Common for older bikes or second bikes used occasionally. Avoids annual TP renewal stress for up to 3 years. Premium fixed for the term.
2 or 3yr TP only· No OD"For brand new vehicles purchased on or after 01.09.2018." — the insurer website confirmed. 5-year Third-Party cover only. Minimum mandatory compliance for new bikes. No own damage coverage. Pay once upfront at dealership. Protect third parties; your own bike is unprotected.
5yr TP only· Min compliance"For brand new vehicles purchased on or after 01.09.2018." — the insurer website. 5-year Own Damage + 5-year Third-Party combined. Maximum long-term protection. Higher upfront premium. Best for premium bikes. NCB earned each claim-free year accumulated over 5 years.
5yr OD + 5yr TP· Max protection"One year own damage & 5 year liability for brand new vehicles purchased on or after 01.09.2018." — the insurer website confirmed. 5-year TP (mandatory, one upfront payment) + 1-year annual OD (renewable separately each year). Switch OD insurer every year for best rates. MOST POPULAR for new bikes.
5yr TP + 1yr OD· Switch OD yearlyNew bike (purchased Sep 2018 or later): Bundled Policy (Type 7) — 5yr TP + 1yr OD. Most popular because you can switch OD insurer every year for better rates while keeping the 5-year TP intact.
Existing bike renewal: Annual Package (Type 1) if you want full protection. Annual Liability Only (Type 2) only for very old bikes with minimal market value.
Want to avoid annual renewal hassle: Long Term Package (Type 3) — 2 or 3 years. Premium locked, no annual paperwork.
Call 022 4302 0000 — Probitas will confirm which policy type is right for your specific bike, age, and usage.
the insurer Official Website· Liability Only + Package Coverage + Pillion Warning
the insurer's two-wheeler policy has two sections confirmed directly from the the insurer official website. Liability Only covers third-party claims. Package Policy adds Own Damage protection. One critical warning: the pillion passenger is NOT covered under the standard policy — a separate add-on is mandatory for passenger protection.
"Liability is covered for an unlimited amount in respect of death or injury." — the insurer website confirmed. No upper cap on compensation for death or injury to a third party. Court-determined compensation — which can be substantial.
Unlimited Liability"Liability for damage to third party property is covered for Rs. 1 lakh for Scooters / Motor Cycles." — the insurer website confirmed exactly. Critically: ₹1 LAKH — not ₹7.5 lakh like private cars. Covers damage to another person's vehicle, property, or goods up to ₹1 lakh.
₹1 Lakh Limit (Not ₹7.5L)"Fire, explosion, self-ignition or lightning." — the insurer website. Fuel system fires, electrical short-circuit fires, lightning strike damage — all covered under own damage.
"Burglary, housebreaking or theft." — the insurer website. Complete bike theft pays IDV minus salvage. FIR mandatory for theft claims. Full bike theft → IDV payment.
"Riot and Strike. Malicious Act." — the insurer website. Mob violence, political unrest, vandalism by unknown parties — damage from these events is covered under own damage.
"Terrorist Act." — the insurer website confirmed. Damage from terrorist activities is explicitly covered — no separate terrorism extension needed for two-wheelers, unlike some commercial insurance products.
"Flood, Typhoon, Hurricane, Storm, Tempest, Inundation, Cyclone and Hailstorm. Earthquake (Fire and Shock) Damage." — the insurer website. All major natural calamities covered.
Engine Protect add-on for water ingression"Accidental external means." — the insurer website. All accidental external damage not covered by other specific perils. This catch-all covers road accidents, falls, collisions — the most common two-wheeler claim.
Most Common Claim Type"Whilst in transit by road, inland waterway, lift, elevator or air." — the insurer website. Damage while your bike is being transported by truck, ship, rail, or being lifted/moved.
"By landslide/Rockslide." — the insurer website. Relevant for hill stations and mountain routes — bikes caught in landslides or falling rocks are covered under own damage.
"The plan also offers a personal accident cover of INR 15 lakhs." — Turtlemint (the insurer partner) confirmed. Mandatory PA cover for the owner-rider. Death or permanent total disability: ₹15 lakh paid to nominee. Can be opted out if policyholder already has separate PA cover of ₹15 lakh.
₹15L· Mandatory for Owner-Rider"Standard policy covers only the owner-rider." The pillion passenger (person sitting behind the rider) is NOT protected under the standard PA cover. If the pillion passenger is injured or killed in an accident, they have NO compensation under the standard the insurer two-wheeler policy.
ADD-ON NEEDED for pillionProbitas Insurance Brokers· takemyinsurance.com
the insurer confirms five add-ons directly on their official website for two-wheelers, including "Nil Depreciation Plus for 2 Wheeler" — a two-wheeler-specific variant. Additional market add-ons are available through the insurer-empanelled brokers. Add-ons available only with Package (Comprehensive) policies — not with Liability Only (TP) policies.
Standard claim deducts depreciation on replaced parts — 50% on plastic/rubber, 30% on fibreglass, 25–50% on metal parts depending on age. With Zero Dep add-on: full replacement cost paid without depreciation deduction. Only the ₹100 compulsory deductible applies. Significantly increases claim payout. Strongly recommended for new and relatively new bikes.
A two-wheeler-specific enhancement of standard Nil Depreciation — covers the depreciation on painting charges in addition to parts replacement. Bikes need painting after most accident repairs. Standard Nil Dep may not fully cover painting material depreciation (50% rate). Nil Dep Plus covers this gap specifically for two-wheelers — a product you won't find on the Private Car page.
In case of total loss or theft, the insurer pays the original invoice price of the bike — not the depreciated IDV. A 1-year-old bike with ex-showroom ₹1.2L may have IDV of ₹1.02L (15% dep) — RTI pays full ₹1.2L. Recommended for new premium bikes (Royal Enfield, KTM, TVS Apache, Honda CB) where invoice-IDV gap is significant in rupee terms.
Standard OD does NOT cover engine damage from water ingression (riding through waterlogged roads) or hydrostatic lock. Engine Protect fills this gap — covering damage from water entering the engine, oil leakage leading to engine damage, and consequential engine failure. Critical for any city with monsoon flooding risk: Mumbai, Chennai, Bengaluru, Hyderabad, Kolkata. A seized engine from monsoon flooding can cost ₹20,000–₹80,000+.
Retain your No Claim Bonus even after making one claim during the policy year. Without NCB Protect: any claim resets NCB to 0%. With NCB Protect: you keep your accumulated NCB slab (20%–50%) even after one claim per year. Valuable if you've built up 35%+ NCB over 3+ claim-free years. Cost: typically ₹150–₹400/year for two-wheelers.
Covers consumables used during repairs — engine oil, brake oil, grease, washers, screws, bolts — that are excluded from standard claims. "Getting a consumables add-on for your policy would ensure that you don't have to pay for the consumables from your pockets." — Turtlemint (the insurer partner) confirmed. Small additional premium; eliminates out-of-pocket consumables bill after every repair.
"Pillion Rider Cover: Personal accident cover for the pillion passenger. Standard policy covers only the owner-rider. Costs Rs 100-300/year." Essential for any rider who regularly carries a pillion passenger — family member, colleague, friend. A ₹100–₹300 annual investment to protect the person riding behind you. Zero reason not to take this.
Covers aftermarket accessories — crash guards, alloy wheels, saddlebags, phone mounts, custom seats, additional lights, windshields. "Accessories Cover costs Rs 250-700/year depending on declared value." Standard policy covers OEM accessories. Aftermarket additions that increase the bike's value need a separate accessories declaration and add-on premium.
the insurer Official Website — Both Depreciation Tables· ₹100 Compulsory Deductible
the insurer Two Wheeler Insurance has TWO distinct depreciation schedules — one for IDV calculation (Total Loss/Theft settlement) and one for parts depreciation in repair claims. Uniquely, the parts depreciation table extends to 10+ years in 8 slabs — reflecting the long working life of Indian two-wheelers.
| Vehicle Age | IDV Depreciation | IDV (₹80K ex-showroom) |
|---|---|---|
| Up to 6 months | 5% | ₹76,000 |
| 6 months to 1 year | 15% | ₹68,000 |
| 1 to 2 years | 20% | ₹64,000 |
| 2 to 3 years | 30% | ₹56,000 |
| 3 to 4 years | 40% | ₹48,000 |
| 4 to 5 years | 50% | ₹40,000 |
| Beyond 5 years | Agreed Value | Insurer + insured agreement |
| Vehicle Age | Metal Parts Dep. |
|---|---|
| Up to 6 months | 0% (NIL) |
| 6 months to 1 year | 5% |
| 1 to 2 years | 10% |
| 2 to 3 years | 15% |
| 3 to 4 years | 25% |
| 4 to 5 years | 35% |
| 5 to 10 years | 40% |
| Beyond 10 years | 50% |
⚠️ IDV shown is for Total Loss/Theft claims. Parts depreciation for repair claims uses a separate 8-slab schedule (Table 2 above). ₹100 compulsory deductible applies at every claim.
"Compulsory Deductibles (The amount to be borne by insured for each & every claim): Rs 100/- for Two Wheelers." — the insurer official website, confirmed exactly. Compare: Private cars pay ₹1,000 (≤1500cc) or ₹2,000 (>1500cc) per claim. Two-wheelers pay just ₹100 per claim — making bike insurance claims significantly more accessible. Even a ₹500 repair claim: the insurer pays ₹400, you pay ₹100. The rider-friendly deductible structure reflects the reality that two-wheeler claims are more frequent and smaller in absolute amount.
the insurer Website· IRDAI Mandated Slabs· 20%→50% OD Discount
"No-claim discounts on Own damage premium are available on renewal of Package policy, ranging from 20% to 50%, depending upon the number of consecutive claim free years." — the insurer website confirmed. Same IRDAI-mandated NCB slabs as private car insurance. Applies ONLY on Own Damage (OD) premium — not on TP premium.
| Claim-Free Years | NCB on OD Premium | Save on ₹2,000 OD | Save on ₹4,000 OD | Save on ₹6,000 OD |
|---|---|---|---|---|
| 1 claim-free year | 20% | ₹400 | ₹800 | ₹1,200 |
| 2 consecutive claim-free years | 25% | ₹500 | ₹1,000 | ₹1,500 |
| 3 consecutive claim-free years | 35% | ₹700 | ₹1,400 | ₹2,100 |
| 4 consecutive claim-free years | 45% | ₹900 | ₹1,800 | ₹2,700 |
| 5+ consecutive claim-free years | 50% | ₹1,000 | ₹2,000 | ₹3,000 |
Supreme Court September 2018· IRDAI Mandate· All New Bikes Purchased On/After 01.09.2018
"Following a Supreme Court ruling in September 2018, IRDAI has made it obligatory for all new two-wheelers to be issued a 5-year insurance cover.Bike insurance is mandatory for 5 years (5-years Third-party Plan + 1-year Own Damage Plan or 5-year Third-party Plan) when you buy a new bike."
"In India, the total number of uninsured bikes remained alarmingly high at 66% for FY 2018-19.". The Supreme Court order in September 2018 was specifically designed to address this massive non-compliance problem. Previously, riders bought 1-year TP and simply didn't renew. Now: all new two-wheelers must have 5-year TP coverage paid upfront at the dealer — ensuring continuous legal coverage for at least 5 years from purchase.
5-year TP only. Mandatory minimum. Single upfront payment at dealership. Your own bike: NO protection against accident, theft, flood, fire. Suitable only if the bike's market value is so low that OD premium isn't justified.
"One year own damage & 5 year liability." — the insurer website. 5-year TP (one payment) + 1-year annual OD (renewable separately each year). Renew OD every year — switch OD insurer for best premium or add-ons annually. TP is locked for 5 years; OD flexibility retained.
5-year TP + 5-year Own Damage combined. Maximum long-term protection. Larger upfront premium. NCB accumulated over 5 years. Best for premium bikes (Royal Enfield, KTM, TVS Apache) where OD protection over 5 years is essential. No annual renewal hassle for 5 years.
the insurer Official Website + IRDAI Guidelines· Key Product Differences
Two-wheeler insurance and private car insurance share the same the insurer framework but differ in critical product-specific ways. If you're switching from car insurance or insuring both a car and a bike, understanding these differences prevents coverage gaps and claim surprises.
| Feature | 🏍️ Two Wheeler (the insurer) | 🚗 Private Car (the insurer) |
|---|---|---|
| TP Property Damage Limit | ₹1 Lakh | ₹7.5 Lakh (7.5× higher) |
| Compulsory Deductible | ₹100 per claim | ₹1,000 (≤1500cc) / ₹2,000 (>1500cc) |
| Towing Charges (Standard) | ₹300 (extendable with add-on) | Higher limits / no fixed the insurer cap mentioned |
| Number of Policy Types | 7 distinct types (incl. 5yr options) | 3 types (TP / OD / Comprehensive) |
| New Vehicle TP Mandate | 5 Years (Supreme Court 2018) | 3 Years (IRDAI 2018) |
| Pillion / Passenger PA | ⚠️ Add-on needed for pillion | Owner-driver standard; passengers separate |
| Parts Depreciation Slabs | 8 slabs (up to 10+ years) | Fewer slabs (up to 5yr then agreed) |
| OD Add-Ons Available | Nil Dep / Nil Dep Plus / Invoice / Engine / NCB + market add-ons | 14 named add-ons (Zero Dep, RSA, EMI, Lock & Key, Daily Allowance etc.) |
| Annual Premium Range | ₹2,000–₹12,000 (comprehensive) | ₹5,000–₹50,000+ (comprehensive) |
| Uninsured Rate | 66% (FY 2018-19) — Very High | Much lower compliance rate |
| Unique the insurer Specification | ₹100 deductible· ₹300 towing· 8-slab dep· Pillion add-on needed | ₹1K/₹2K deductible· 75% IDV = total loss· RC cancellation mandatory |
the insurer Official Website — Claim Process
Three claim types: accidental damage, theft, and third-party liability. All three processes are from the the insurer official website. Critical rule: "Do not start the repair of the Vehicle unless it is surveyed by an IRDAI licensed Surveyor, appointed by the insurance company." — the insurer website. the insurer Toll-Free: 022 4302 0000.
the insurer Official Website — Exact Exclusion List
Exclusions confirmed directly from the the insurer official website —. Standard exclusions apply: deliberate acts, maintenance-related issues, and commercial use of private vehicles are not covered.
"Wear and tear, breakdowns." — the insurer website confirmed. Normal aging, mechanical failures, rubber deterioration, chain wear, brake pad wear — gradual deterioration is excluded. Insurance covers sudden accidental losses, not maintenance items.
"Consequential loss." — the insurer website. Financial loss arising from inability to use the bike — income lost during repair period, transport costs while bike is in workshop — excluded. The claim covers the bike; not the downstream financial impact of not having the bike.
"Loss when driving with invalid driving license or under the influence of alcohol." — the insurer website. Any claim where the rider was driving without a valid licence or under the influence of alcohol or drugs is rejected. Criminal liability also arises under Motor Vehicles Act.
"Loss due to war, civil war, etc." — the insurer website. Universal insurance exclusion — damage from war, invasion, civil war, armed conflict, or rebellion is not covered. No Indian two-wheeler policy covers war risks.
"Claims arising out of contractual liability." — the insurer website. Liability assumed by contract (e.g., you agree to be responsible for another party's damage by contract) — this is not covered. the insurer covers statutory third-party liability under the Motor Vehicles Act, not voluntary contractual obligations.
"Use of vehicle otherwise than in accordance with 'limitations as to use' (e.g. private car being used as a taxi)." — the insurer website. Two-wheeler registered as private used for commercial purposes (delivery, taxi aggregator, for-hire use) — claims can be rejected. Separate commercial vehicle policies exist for such use.
Standard OD policy does NOT cover engine damage from riding through flooded roads (hydrostatic lock, water ingression). The vehicle body/seat/instruments may be covered, but the engine seizure from water entry is excluded without Engine Protect add-on. Critical gap for monsoon season.
→ Engine Protect add-on fills this gap
The pillion passenger is not covered under the standard PA cover of a two-wheeler policy. If a pillion passenger is injured or killed in an accident, there is no compensation from the standard the insurer policy for the pillion. Pillion Rider PA add-on at ₹100–₹300/year is the solution.
→ Pillion Rider PA add-on fills this gap
the insurer Two Wheeler Insurance Questions
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By submitting you agree to our Privacy Policy and Terms & Conditions. the insurer Two Wheeler Insurance· Motor Vehicles Act 1988· IRDAI Subject to the insurer underwriting guidelines. Premium, IDV, and add-on availability depend on vehicle age, model, and the insurer underwriting. Pillion PA add-on strongly recommended for all pillion riders. Probitas Insurance Brokers Pvt. Ltd.· IRDAI Lic. No. 528.