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Top 7 Best Bike Insurance plans for you

best bike insurance

Best Bike insurance is the most important thing you think of after buying a bike or thinking of buying a bike. Usually you get the Bike Insurance while buying from many insurance companies but what you should look for Best Bike Insurance is important.

You know traveling is more and more risky now a days and to make it safer buying The best bike insurance is the only option with keeping and following safety rules on the road. We have analyzed few companies who are providing bike insurance and combine a list of Best bike Insurance for you. Let’s see the different companies and their insurance policies for bike:

  1. Bajaj Allianz Bike Insurance

Bajaj is much-renounced insurance company which acquires most part of Bike insurance industry as they are also Bike manufacturer people prefer to buy the bike and insurance from same brand. They provide hustle free insurance for all brands too.

Specification:

Third party cover: Bajaj provides third party cover up to 1 lakh rupees.

Add on Covers: Bajaj do not offer any add on cover for bikes

Specialty:  Bajaj provides the ease of renewing of expired or owner transferred policies. Also they provide instant policy issuance and swift claim settlement process.

Cons:  Only bikes less than 15 years old can buy this insurance policy

 

  1. Bharti Axxa Bike Insurance:

Bharti axxa is our next pick and well known in insurance industry. Bharti axxa has many good plans for all kind of insurance policies especially when we looked for Bike insurance it is better choice.

 

Specification:

Third party cover: Bharti axxa  provides third party cover up to 1 lakh rupees.

Add on Covers: Bharti axxa do not offer any add on cover for bikes

Specialty:  Bharti axxa provides the ease of renewing of expired or owner transferred policies. Also they provide instant policy issuance and swift claim settlement process.

Cons:  Only bikes less than 10 years old can buy this insurance policy

 

  1. HDFC ERGO Bike Insurance:

HDFC is international bank and has very well reputation in insurance industry too. The HDFC ERGO is vehicle specific insurance section and their Bike insurance is recommended as next pick by us.

 

Specification:

Third party cover: HDFC ERGO provides third party cover up to 1 lakh rupees.

Add on Covers: HDFC ERGO offers zero description insurance

Specialty:  HDFC ERGO provides the ease of renewing of expired or owner transferred policies. Also they provide instant policy issuance and swift claim settlement process.

Cons:  Zero description plan is available for bikes up to 24 months old only. Only bikes less than 15 years old can buy this insurance policy

 

  1. IFFCO Tokio Bike Insurance:

IFFCO TOKIO is Japanese insurance company and well established in worldwide. This company is spreading their reach across all over globe and specially they are targeting India for vehicle insurance section.

 

Specification:

Third party cover: IFFCO Tokio provides third party cover up to 1 lakh rupees.

Add on Covers: IFFCO Tokio offers no add ons

Specialty:  IFFCO Tokio provides the ease of renewing of expired or owner transferred policies. Also they provide instant policy issuance and swift claim settlement process. Best customer support.

Cons:  Only bikes less than 10 years old can buy this insurance policy

 

  1. New India Assurance two wheeler Insurance:

the New India Assurance is our next pick for Best bike insurance as this is Indian company and is well established too.

 

Specification:

Third party cover: New India Assurance provides third party cover up to 1 lakh rupees.

Add on Covers: New India Assurance offers Zero description add on.

Specialty:  New India Assurance provides the ease of renewing of expired or owner transferred policies. Also they provide instant policy issuance and swift claim settlement process. Best customer support.

Cons:  Zero description paln is available for bikes less than 58 motnhs old. Only bikes less than 10 years old can buy this insurance policy

 

  1. Reliance Bike Insurance :

Well-known brand Reliance is holding its spot is our Best Bike Insurance list at number 6. Relaince being India brand offers great insurance policies for bikes.

 

Specification:

Third party cover: Reliance provides third party cover up to 1 lakh rupees.

Add on Covers: Reliance offers No  add on.

Specialty:  Reliance provides the ease of renewing of expired or owner transferred policies. Also they provide instant policy issuance and swift claim settlement process. Best customer support.

Cons:   Only bikes less than 10 years old can buy this insurance policy

 

  1. Universal Sompo Bike Insurance:

Universal Sompo is our last pick for you Bike insurance as it is new and developing company and offers good service being in competition with big brands. This can be your last choice if you want to try something new.

 

Specification:

Third party cover: Universal Sompo provides third party cover up to 1 lakh rupees.

Add on Covers: Universal Sompo offers Zero Description  add on.

Specialty:  Universal Sompo provides the ease of renewing of expired or owner transferred policies. Also they provide instant policy issuance and swift claim settlement process. Best customer support.

Cons:   Zero description plan is available for bikes less than 60 months old which is highest age in all insurance companies Only bikes less than 10 years old can buy this insurance policy

 

 

Final  Thoughts:

We have gathered and represented our work for you now it is your time to let us know what you think and what we should bring for you next. Correct us if you find anything wrong here. You can contact us through our email on contact us page.

sanket
The Admin and also Chief-editor and moderator of Viralsumo.com. Sanket is very active member of viralsumo and keeps every member in line with targets and goals of viralsumo.com news network. He handles all technical and managerial aspects of this blog and also writes for the political news.

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