Bike insurance
Welcome to BimaPunji, your trusted source for car insurance coverage. We are committed to providing you with comprehensive protection and unbeatable service, so you can drive with confidence.
Different types of
bike insurance policies?
We provide everything you need! Select the options that suit your specific requirements.
Add-On covers in car insurance policy
No Claim Bonus Protection Cover
No Claim Bonus (NCB) offers a renewal premium discount that accumulates each claim-free year, ranging from 10% to 50%, making it a great way to save on auto insurance premiums.
Engine Protection Cover
Compensates for indirect damages to your car's engine caused by lubricating oil leakage or water ingression, covering gearbox, engine, and differential parts that are otherwise not covered under a comprehensive plan.
Pay as You Drive Cover
This add-on can save policyholders on own damage premium by basing it on the number of kilometres driven, benefiting those with multiple or infrequently used cars.
Zero Depreciation Cover
Complete protection for your vehicle, including repair or replacement of parts without accounting for depreciation, making it ideal for car owners who wish to have peace of mind.
Frequently asked questions
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What is two wheeler insurance and why do I need it?
In the event of unforeseen or uncontrollable circumstances, two-wheeler insurance serves as a financial safety net for your bike or scooter. Such circumstances may include damage caused by accidents, natural disasters, theft, or burglary. The policy provides compensation to the insured based on the terms and conditions outlined in the two-wheeler insurance policy.
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What is a two wheeler comprehensive insurance policy?
A two wheeler comprehensive insurance policy covers both third-party liabilities and damages to the insured two-wheeler caused by accidents, natural disasters, theft, or other unforeseen events.
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Can I replace a new vehicle in my existing two wheeler insurance policy?
Yes, you can do it. Contact your insurance company or broker to make changes.
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Is two wheeler policy mandatory for five years?
No, a two-wheeler insurance policy is not mandatory for five years in India. As per the Motor Vehicles Act, it is mandatory to have at least a third-party insurance policy for a two-wheeler, which is valid for a period of one year from the date of purchase.
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What is a cashless and reimbursement claim?
Cashless claims require the policyholder to only pay the deductibles, while the insurer pays the remaining cost to the network garage. Reimbursement claims allow choosing any garage, but the policyholder has to pay the full bill upfront and get reimbursed later.
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Can I choose not to make a claim if the damage is minimal? What is the advantage of the same?
The policyholder can opt not to claim insurance if the damage is minor, which helps protect their No Claim Bonus (NCB) and get a discount in the following year's premium.
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What does the surveyor check during the claim process?
The surveyor will make an inspection to check the extent of damage done to your two-wheeler before you send it to a garage. The surveyor will make an estimate of the repair cost and submit the report to the insurance company for further processing.
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What are the common reasons for two-wheeler insurance claim rejections?
Some common reasons for claim rejections are policy lapse, providing incomplete or false information, loss that is not covered in the policy, filing the claim after deadline, driving without valid DL, driving in an intoxicated state, and false claims.
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Registered Office- Flat No. 1401, Tower C-1, Mapsko Casabella Sector 82, Gurgaon-122004, Haryana, India
CoverNsave Insurance Brokers Private Limited
CIN U67100HR2022PTC106007
IRDAI Registration No. 872
IRDAI Registration Code - IRDAI/DB971/2022
Principal Officer- Mr. Kapil Kumar
Category - Direct (Life & General)
License Valid till- 09.01.2026
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