Top 10 Online general insurance plans for two-wheelers
Tanika was very confused about the two-wheeler insurance policy she should go for, when she bought her motorbike. With so many options out there from different companies with different features, it can get difficult to choose a two wheeler insurance policy. However, you must compare the policies based on factors like claim settlement ratio, simplicity of procedures, add-ons and coverage options, customer support, etc.
Top 10 Online general insurance plans for two-wheelers
In this article, we’ve made the whole process of comparing online general insurance for two-wheelers easier for our readers like Tanika. Here is a list of the top 10 online general insurance for two-wheelers in India:
- IFFCO Tokio Two Wheeler Insurance
IFFCO Tokio is the best company to buy a bike insurance policy from, in terms of claim settlement ratio. It has a claim settlement ratio of 96.44%. It offers an outstanding customer experience by offering online general insurance for two-wheelers with extensive coverage. The quick and hassle-free claim settlement offered by IFFCO Tokio is also exemplary. Here is a few features offered by the IFFCO Tokio two wheeler insurance:
- Seamless and lightning-fast claim settlement procedure
- Hassle-free documentation at the time of purchase of the policy
- Instant digital copy of the policy.
- A huge network of cashless garages all over the country
- Transfer full benefits of No Claim Bonus if you shift IFFCO-Tokio
- Bharti AXA Two Wheeler Insurance
Bharti AXA is a well-established and leading general insurance company in India that was established in 2008. It offers online general insurance for two-wheelers with excellent coverage features and benefits. Take a look at some of the compelling benefits of buying Bharti AXA two-wheeler insurance policy:
- Long-term policy which can be customized to suit customers’ varying needs
- Buy/renew the policy online without any hassle
- Offers comprehensive coverage by offering accidental coverage of Rs.1 Lakh for the pillion rider apart from the basic bike insurance coverage.
- Offers various add-ons such as personal accident cover, zero depreciation cover, etc., to enhance coverage
- Kotak Mahindra Two Wheeler Insurance
Kotak Mahindra’s online general insurance for two-wheelers offers lucrative coverage benefits that provide robust financial and legal protection against accidents and mishaps. Here are the key features:
- The policy can be easily bought online within a few clicks
- Offers a No Claim Bonus discount that ranges from 20%, 25%, 35%, 45% & 50%
- Quick and seamless renewal
- Various add-ons and additional coverage options offered
- Bajaj Allianz Two Wheeler Insurance
Bajaj Allianz offers basic, standard, and comprehensive two-wheeler insurance policies with additional add-on covers. With an excellent claim settlement ratio of 91.23%, it is one of the best choices for a bike insurance policy. Here are some of the benefits of investing in Bajaj Allianz two-wheeler insurance:
- The seamless and fast online renewal process
- 24×7 claim settlement service known for being fast, smooth, and transparent
- A huge network of over 4000 Cashless garages across India
- Special Add-on covers such as Zero Depreciation, Engine Protector, Consumables, etc.
- Edelweiss Two Wheeler Insurance
Edelweiss general insurance offers both third-party and comprehensive two-wheeler insurance plans. You can easily buy/renew edelweiss two wheeler insurance online with quick payment and renewal alternatives. Here are the key features:
- Personal accident cover
- A huge network of garages
- Easily customizable and flexible bike insurance policy
- SBI Two Wheeler Insurance
SBI offers a comprehensive bike insurance policy and scooter insurance plan with excellent coverage options and benefits. Take a look at the best features of the customer-centric two-wheeler insurance plan:
- Additional Discounts
- High claim settlement ratio of 91.74%
- Customized pricing oriented with the applicant’s profile
- New India Assurance Two Wheeler Insurance
New India Assurance is one of the best bike insurance policies with extensive coverage that can be extended with the help of add-on covers. These are the key features of New India Assurance two-wheeler insurance:
- A high claim settlement ratio of 92.23%
- Lightning-fast claim settlement procedure
- The customer-friendly grievance resolution system acknowledges grievances within three days and resolves them within 15 days
- Royal Sundaram Two Wheeler Insurance
Royal Sundaram General Insurance offers comprehensive bike insurance policies with lucrative benefits to customers at an affordable premium. These plans cover any loss or damage caused to the insured bike due to natural or man-made calamities such as landslide, fire and explosion, terrorism, storm and flood, burglary, theft, malicious act, storm and flood, earthquake, etc. Let’s take a look at the key features of Royal Sundaram Two Wheeler Insurance:
- An extremely high claim settlement ratio of 94.07%
- Quick and seamless claim settlement procedure that settles claims within 10 days
- A wide network of 3,300+ garages
- 24×7 emergency assistance is provided
- Offers unlimited claims to its customers
- Reliance Two Wheeler Insurance
Reliance General Insurance is one of the leading insurers in the country and offers comprehensive bike insurance policies with wide-ranging services and features. Take a look at the most compelling reasons to purchase this policy:
- Hassle-free online renewal
- Seamless and quick payment modes via NEFT
- Long-term policy which offers 3-year coverage with one click
- Special Add-on covers such as Personal accident bundle cover, Zero Dep, etc.
- Tata AIG Two Wheeler Insurance
Tata is well-established as a very ethical and approachable insurance company in India. With customer experience at the heart of its services, Tata AIG offers a comprehensive two-wheeler insurance policy with excellent benefits. Here are the key features of Tata AIGtwo-wheelerr insurance:
- Customer-friendly approach with a claim settlement ratio of 91.80%
- Smooth and swift online claim procedure
- Comprehensive bike insurance policy with various add-on options to extend coverage
In conclusion, choosing a two-wheeler insurance policy according to your needs, suitability, and affordability is very important. It ensures that you don’t need to pay out-of-pocket expenses when your two wheeler gets into an accident. You must consider factors like network garages, add-on and flexibility options, coverage features, etc. while choosing your bike insurance policy. This article lists the top 10 online general insurance for two wheelers.
