Best Two Wheeler Insurance Plans: Which One to Go For

Best Two Wheeler/Bicycle Plans in India

Two-wheelers continue to be the preferred mode of transport because of their ease of navigation on narrow and bumpy roads and their affordability. Ever since the enactment of the Motor Vehicles Act, 1988, third-party insurance plans have been made mandatory for two-wheeler owners. Many companies offer it two wheeler insurance online and customers can easily buy and renew. The best two-wheeler insurance offers coverage for your bike in case of any unexpected damage.

Since the market is flooded with many two-wheeler insurance plans, choosing the best bike insurance policy can be a daunting task for bike owners. Here we recommend some of the top picks.

Types of Dual Life Insurance Plans

There are three types of Bike or Two Wheeler insurance in India.

1. Third Party Insurance Policy

This type of insurance provides protection against third party damage (property and person).

Read More: Bicycle or Two-Wheeler Third Party Insurance

2. Self Damage Policy

This policy protects your insured wheels against various accidents/damages.

Read more: Standalone Own Damage Bike Insurance

3. General Policy

This type of insurance protects your two-wheeler against damage caused to other people and your vehicle – both natural disasters such as fire and natural disasters, as well as man-made disasters such as theft and accidents.

Here we discuss the best two wheeler insurance plans in 2022 and their features.

Read more: Comprehensive Bike Insurance

Best Double Life Insurance Plans in India

Below are the top 11 Bike insurance companies in India in 2022.

Magma HDI General Insurance Company

If you are looking for the best wheeler insurance policy for your dream bike, then this could be the best choice for you. This insurance plan caters to the various insurance needs of customers. Some of them are:

  • This flexible long-term plan gives you a discount of up to 20%
  • It offers emergency services along with bike insurance
  • It allows you to purchase and renew your policy online
  • It allows you to pay at once
  • It gives you access to multiple payment methods to pay your bills
  • It allows you to get free services on network mirrors
  • Provides prompt customer support for complaints related queries
  • It offers comprehensive insurance coverage

Bajaj Allianz Two-Wheeler Insurance

When looking for the best online bike insurance company in India, Bajaj Allianz should be on your list. Some of the main features of this insurance are:

  • This plan provides coverage for the loss of your two-wheeler due to natural calamities like earthquakes, floods, typhoons, etc., as well as man-made risks like theft or violence.
  • It provides customers with third-party benefits
  • They offer free services on the garage network
  • It allows you to renew your policy online
  • It provides 24X7 customer support to solve customer problems
  • They provide an easy and hassle-free way to resolve claims
  • It provides you with all the updates related to your demand through SMS

Liberty General Insurance Company

If you are thinking about the best bike insurance, then you can go for Liberty two wheeler insurance without any confusion. Some of them are:

  • You can create a plan according to your insurance needs
  • You are allowed to spread your risks
  • You receive free items for network glasses
  • You can purchase and renew this policy online

Digit General Insurance Company

This is the best insurance in India as it covers third party claims as well as personal damages. Other attractions include:

  • The company has many online garages all over the country where you can enjoy a no-cost facility for repairs
  • According to your needs, you can change your settings
  • You can get updates on your smartphone related to debt repayment
  • The company will pick up and drop off the bike/two wheeler from your home

HDFC Ergo General Insurance Company

This 360-degree insurance plan provides you with comprehensive protection against all types of financial losses due to an accident or accident.

  • You can buy the policy online as soon as possible
  • This plan comes with third party loans
  • It provides an easy way to convert customers
  • A list of additional features is included with the plan

IFFCO Tokio Two-Wheeler Insurance

This is the best insurance that offers complete financial support to bike owners. Some highlights include:

  • A simple and fast way to repay the loan
  • Easy shopping without hassles
  • 24X7 customer support to answer customer queries
  • Many emergency services

National General Insurance Company

This policy protects your car against all unfortunate events. Some of the plans are:

  • Customized plans according to customer requirements
  • Online tracking of loan repayment process
  • NCBs are issued to policy holders
  • Easy cashless claim site

New India Assurance General Insurance Company

This state-owned company is present in more than 27 countries. These include:

  • A fast and hassle-free way to resolve cases
  • All complaints are answered within 15 days

Reliance General Insurance Company

Reliance Insurance is a well-known insurance company that welcomes customers with two wheeler insurance. Some of them are:

  • Fast withdrawal through NEFT
  • Online system update
  • More than 1200 network garages that offer free repairs or other services
  • 24X7 customer support

Universal Sompo General Insurance Company

This specially designed insurance plan takes care of all your insurance needs for a worry-free life.

  • This company offers short term covers for bike owners
  • You may be entitled to a cash discount when you install an anti-theft device
  • The plan covers NIL reduction, personal accidents, etc.

TATA AIG Two-Wheeler Insurance

Let’s take a look at some of the key features of this insurance plan:

  • It offers a 6-month warranty against all accidental damage
  • The company guarantees repayment within 7 days
  • In the event of an accident, the company will reimburse the cost of the two-wheeler products.
  • They offer a dedicated customer support team

Here we have listed the best two wheeler insurance plans in India in 2022. You can find more information about two wheeler insurance plans online.

Know More: What Are The Types Of Two Wheeler Insurance In India

Why Do You Need Two Wheeler Insurance on Indian Roads?

  • They provide protection to all types of two-wheelers such as motorcycles, scooters, mopeds, and others
  • It charges a large amount of maintenance, including nuts, bolts, replacement parts, and more
  • It saves money for unexpected things like accidents
  • They offer additional services such as roadside assistance if you need emergency assistance on the road
  • It ensures a worry-free ride on two wheels on the road

The above article will help you to choose the best insurance for your wheels / bike so that you can ride without any problems on Indian roads.

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