What is Two-Wheeler Insurance?
Two wheeler insurance is a type of vehicle insurance that covers accidents, theft and third-party financial losses of your motorcycles, scooters and two-wheeled electric vehicles. It provides protection to your bike and third parties along with legal financial coverage. It is mandatory in many countries.
Why do you need two wheeler insurance in India?
Why taking a bike insurance policy is beneficial for you:
- Protect your Pocket from Dents
Taking two-wheeler insurance protects you from accidents like accident, fire, disaster and third party damages. It gives you financial help.
- Be Covered, Legally!
It is mandatory to have at least third-party insurance under the Motor Vehicles Act. It is against the law to ride a bike without two-wheeler insurance in India. Therefore, it is very important to have at least third-party insurance. This covers the legal liability.
- Avoid traffic fines
In India or in many countries driving a two-wheeler without insurance is against the law and bike insurance can save you from a hefty fine.
- Get comprehensive coverage with add-ons
If you have taken add-ons while buying open two-wheeler insurance, then it covers the loss of the vehicle in case of an accident but all the add-ons have a different significance. For example, there are return to invoice, zero depreciation cover, breakdown assistance, consumables cover and tyre protection.
- Coverage for third-party damage
It is necessary to have insurance for your bike while driving a two wheeler in any country. In India, it is very important to have at least a third-party insurance cover. This covers the damage caused to a person or third-party property in an accident.
What is covered in two wheeler insurance based ?
Accidents
Damage and loss caused by accident or collision
Theft
If unfortunately your two-wheeler/bike gets stolen then
Fire
Damage and loss to your two-wheeler/bike in case of accidental fire!
Natural Disasters
Damage caused to your two-wheeler due to various calamities of nature such as flood, cyclone etc.
Personal Accident
Covers your expenses in cases where you have hurt yourself very badly!
Third Party Losses
When your bike causes injury or damage to any person, vehicle or property.
Get your bike insurance quotes now
What’s Not Covered?
Own Damages for Third-Party Policy holder
In case of third party or liability only bike policy, damage to own vehicle will not be covered.
Drunk Riding or without a Licence
Bike insurance policy does not cover situations where you were drunk or did not have a driving license
Driving without a valid Driving Licence holder
If you have a learning license or your license has expired, then your claim will not be covered in case of an accident that occurs at that time.
Add-Ons Not Bought
Some situations are covered in add-ons. If you haven’t bought those add-ons, the corresponding situations will not be covered.
Why Choose Two-Wheeler Insurance by Sahwal Insurance?
Cashless Repairs
Select cashless garages in every village and town
Smartphone-Online Self Inspection
Online Self Inspection facility from a phone as per your time
Super-Fast Claims
Claim support on one call and within minimum time
Customize Your Vehicle IDV
With us, you can customize your vehicle IDV as per your choice!
24*7 Support
24*7 call facility even on national holidays
Key Features of Bike Insurance by Sahwal Insurance
| Key Features | Sahwal Benefits |
Premium | Starting form ₹714 |
| No Claim Bonus | 0 to 50% Discount |
| Customizable Add-On | 8 Add-On Available |
| Cashless Repairs | 5000+ Garages |
| Claim Process | Smartphone-enabled claim process. With a call |
| Own Damage Cover | Available |
| Damage to Third-party | Unlimited Liability for Personal Damages, Up to 7.5 Lakhs for Property/Vehicle Damages |
Bike Insurance Plans that Fit Your Needs
Third Party
It is legally mandatory for driving two-wheeler in all countries. It covers only loss and damage caused to third party person, vehicle or property.
Comprehensive
Comprehensive bike insurance is a type of insurance that covers both third-party liabilities and damages to your bike.
Own Damage
Own Damage plan is for you – it covers loss and injury to your vehicle only in case of accidents and collisions, natural calamities, fire and theft.
| Third-Party | Comprehensive | Own Damage | |
| Damages/Losses to own two-wheeler due to an accident | × | ✔ | ✔ |
| Damages/Losses to own two-wheeler in case of fire | × | ✔ | ✔ |
| Damages/Losses to own two-wheeler in case of a natural calamity | × | ✔ | ✔ |
| Damages to Third-Party Vehicle | ✔ | ✔ | × |
| Damages to Third-Party Property | ✔ | ✔ | × |
| Personal Accident Cover | ✔ | ✔ | × |
| Injuries/Death of a Third-Party Person | ✔ | ✔ | × |
| Theft of your scooter or bike | × | ✔ | ✔ |
| Customize your IDV | × | ✔ | ✔ |
| Extra protection with customized add-ons | × | ✔ | ✔ |
Documents Required to Buy Bike Insurance Online
To buy Sahwal Insurance bike insurance online, a load of paperwork is not required. Furnish only the following documents to buy a new two-wheeler insurance policy within minutes:
- Bike Registration Certificate
- Previous year two-wheeler insurance policy, if applicable
- Any of these documents for KYC verification – PAN/Aadhar/DL/Voter id/Form 16/Passport