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  • 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
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  • Terminologies
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What is Third-Party Two-Wheeler Insurance?

  • A Third-Party (TP) Two-Wheeler insurance policy is mandatory in India under Section 146 of the Motor Vehicles Act, 1988
  • Third-Party insurance covers damages or injuries caused to third-party individuals or their property in case of an accident involving the insured vehicle
  • If the insured vehicle causes “third-party” property damage, Shriram General Insurance Company will offer compensation up to Rs. 1,00,000/- for Two-Wheelers
  • Unlimited Third-Party personal liability coverage will be provided, i.e. whatever the court awards as the liability to the third-party due to accidental death or injuries caused by the insured vehicle

Shriram Third-Party Two-Wheeler Insurance Claim Process

  • step 1
  • step 2
  • step 3
Register your Claim

Register your Claim

  • You will be contacted by our customer service team and guided throughout the Two-Wheeler Insurance claim process
Submission of Required Documents

Submission of Required Documents

  • Submission of the required documents (FIR copy, Registration certificate, duly signed claim form, goods receipt and other required documents) is mandatory to proceed with the claim process further

Verification and Claim Settlement

Verification and Claim Settlement

  • After receiving the documents, our dedicated surveying team will begin the validation process. Upon completion of the survey, the funds will be sent directly to the recipient

Shriram Third-Party Two-Wheeler Insurance Coverages

Benefits and Coverage Third-Party Insurance
Own-Damage to the vehicle due to an accident teable_tick_icon
Own-Damage to the vehicle due to fire teable_cross_icon
Own-Damage to the vehicle due to natural calamities teable_cross_icon
Third-Party damage to the vehicle teable_tick_icon
Third-Party damage to property teable_tick_icon
Compulsory Personal Accident Cover teable_tick_icon
Theft of the vehicle teable_cross_icon
Cashless Claims teable_cross_icon
No Claim Bonus (NCB) teable_cross_icon
Riders/Add-ons teable_cross_icon

Frequently Asked Questions

What does Third-Party insurance policy cover?

Third-Party bodily injury

Any injury caused to a third-party individual in the accident is covered under Third-Party Two-Wheeler Insurance

Third-Party property damage:

Any damages caused to the property of a third-party, such as their vehicle or other property, are covered under Third-Party Two-Wheeler Insurance

How is the premium for Two-Wheeler Insurance calculated in India?

The premium for Two-Wheeler Insurance in India is calculated based on various factors, including the type of the vehicle, make, model and variant, age, location and the extent of coverage required by the policy holder

Is comprehensive Two-Wheeler Insurance mandatory in India?

No, comprehensive Two-Wheeler Insurance is not mandatory in India, but it is recommended to protect vehicle owners against financial losses

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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.

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