Gray-Image
24*7 Claim Notifications

24*7 Claim Notifications

Almost 100% Paperless

Almost 100% Paperless

Best Claim settlement Awards 2022

Best Claim settlement Awards 2022

previous
  • Overview
  • Features And Benefits
  • Third-Party Two-Wheeler Insurance
  • Comprehensive Two-Wheeler Insurance
  • Calculate Premium
  • Save On Premium
  • Renewal Benefits
  • IDV in Bike Insurance
  • NCB
  • Zero Depreciation Bike Insurance
  • Roadside Assistance
  • New Bike Insurance
  • Engine Protection Cover add-on
  • Deductibles
  • Types of Shriram Two-Wheeler Insurance
  • Coverages
  • Compare Plan
  • Premium Components
  • Eligibility and Required Documents
  • Buy / Renew
  • Claim Process
  • Bike Insurance Premium Calculator
  • Terminologies
  • Policy Download
  • FAQs
next

Shriram Two-Wheeler Insurance Premium Components

A premium is a payment made to an insurer for the purchase of a policy. Shriram Two-Wheeler Insurance premium will be calculated based on various factors, such as the policy chosen, cover types, add-ons and policy period

Third-Party (TP) Premium

Third-Party (TP) Premium

Third-party liability insurance is mandatory in India. Bike insurance premiums are calculated based on the engine's cubic capacity and IDV

Own Damage (OD) Premium

Own Damage (OD) Premium

Own Damage premium is paid to get coverage against various natural and man-made disasters. The Own Damage premium will vary from company to company

Compulsory Personal Accident Cover

Compulsory Personal Accident Cover

As two-wheeler accident cases rise, the government has made Personal Accident coverage mandatory. The minimum sum insured for risk coverage is Rs.15 lakh

partitionline
Add-ons

Add-ons

A vehicle add-on provides enhanced protection for the vehicle. Premiums are determined by the type of add-on selected by the insured. Some of the add-ons are zero depreciation cover, motor protection cover, engine and roadside assistance


Frequently Asked Questions

What are the factors determining the two-wheeler insurance premium?

The two-wheeler's IDV (Insured Declared Value), its age (if it's a used vehicle), zone/city of registration, engine cubic capacity, previous year's claim status and no-claim bonus status

What is personal accident cover in bike insurance?

Personal Accident Cover is an optional add-on cover that can be included in a bike insurance policy to provide financial assistance in case of accidental injury or death of the policyholder while riding the insured bike.

Is it possible to pay my two wheeler insurance premium in installments?

Currently, there is no provision for paying two wheeler insurance premiums in installments.

What happens if I miss paying my two wheeler insurance premium on time?

If you do not renew your two-wheeler insurance policy on time, it will lapse. Non-renewal of the policy also results in the loss of NCB (No Claim Bonus).

What our customers say ?

4.6

1665+ Customer Ratings

View all
customer

Mohammed Salahuddin

customer

RAMKANT SHARMA

customer

RAM ASREY RATNAKER

customer

NAUSHAD AHAMAD

customer

KUNCHAM NIKHIL KUMAR

left-arrowright-arrow
Quote

Blogs

Car Insurance Policy for Your Next Road Trip

Best Car Insurance Policy for Your Next Road Trip

Posted on 2025-02-14 05:45:58

Road trips provide excitement, independence, and amazing memories—but are also riddled with uncertainties. Unexpected failures or accidents may ruin your travel, whether on Himalayan roads or seaside trails. For this reason, it's crucial to have the appropriate insurance when travelling by car. You can concentrate on the road ahead with a well-thought-out Car Insurance plan that provides financial protection against damages, breakdowns, and third-party liabilities. To keep you ready for a hassle-free journey, we'll go over the best insurance coverage, essential add-ons, and a checklist for Car Insurance.

car insurance for hybrid cars

Car Insurance for Hybrid Cars: A Complete Guide

Posted on 2025-02-13 12:14:02

As environmentally friendly transportation gains popularity, hybrid cars are becoming increasingly popular among Indian consumers. These vehicles are a wise investment because they balance reduced emissions and fuel economy. However, owning a hybrid vehicle also means one must be well-informed about its insurance needs. Since hybrid vehicles come with advanced technology and expensive components, securing the right Car Insurance for hybrid cars in India is essential to protect your investment and ensure hassle-free ownership. In this guide, we’ll explore everything you need to know about hybrid Car Insurance in India, including its benefits, coverage details, and how to choose the best policy for your vehicle.

How to Drive Safely in Different Weather Conditions

Essential Tips for Driving Safely in All Weather Conditions

Posted on 2025-02-13 05:56:46

The varied weather patterns of India are just as unpredictable as a thriller film's plot twist. The roads are dry one minute, and the next, you might have to navigate through intense heat, thick fog, or unexpected downpours. Driving in these many settings requires more than driving experience—it demands alertness, readiness, and quick decision-making. This comprehensive guide is here to help you securely navigate India's unpredictable weather.

View all

Bike Insurance in Indian Cities

Bike insurance in agra
Bike insurance in delhi
Bike insurance in coimbatore
Bike Insurance in Bangalore
Bike insurance in dehradun
Bike insurance in jaipur
Bike Insurance in Indore
bike insurance in ahmedabad
Bike insurance in pune
Bike insurance in gurgaon
Bike insurance in mumbai
Bike insurance in Bhopal
Quick renewal Quick renewal
bimabharosa
Back to TopBack to top of the pageBack to top of the page

IRDAI Consumer Education:- Insurance is the subject matter of solicitation. IRDAI Registration Number - 137. CIN No. U66010RJ2006PLC029979. BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS. IRDAI clarifies to public that IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums. IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

Terms and Conditions |Refund and Cancellation© 2023 Shriram General Insurance. All rights reserved.