Best Two Wheeler Insurance in India

Best Two Wheeler Insurance in India: Top Companies and Prices

The proper motorbike insurance is crucial for safeguarding your two-wheeler in India. With coverage for theft, accidents, and third-party liabilities, the correct insurance plan provides peace of mind whether you're speeding through traffic on a scooter or cruising on a powerful sports bike. It's time to assess the best motorcycle insurance providers in India. We'll examine the top best two wheeler insurance companies with their entry-level costs in this blog.

Why is Motorcycle Insurance Important?

Let's discuss the importance of motorbike insurance before we go through the list. Third-party insurance is required by law in India. Third-party insurance, however, does not cover damage to your own car; it only covers harm to others. Choosing a comprehensive insurance coverage will provide you with additional security as it will cover bike damage, theft, and natural disasters.

Key Benefits of Motorcycle Insurance:

1. Protection against financial liabilities in case of accidents.
2. Coverage for theft or total loss of your bike.
3. Third-party liability coverage mandated by law.
4. Add-on benefits like roadside assistance, engine protection, and more.

Now, let’s look at some of the best bike insurance options in India 

Top Motorcycle Insurance Companies in India for 2025

1. ICICI Lombard: ICICI

• Starting Price: ₹900 - ₹1,200 per year
• Types of Coverage: Third-party, comprehensive, own-damage, and add-ons like zero depreciation.
• Why Choose ICICI Lombard?
• ICICI Lombard offers an extensive range of policies that include both basic third-party coverage and comprehensive plans with add-ons like zero depreciation and roadside assistance. They are known for their hassle-free claim settlement process, making them a trusted choice.

2. Bajaj Allianz: Bajaj Allianz

• Starting Price: ₹850 - ₹1,200 per year
• Types of Coverage: Third-party, comprehensive, personal accident cover, engine protection add-ons.
• Why Choose Bajaj Allianz?
• Bajaj Allianz is one of the most recognized names in the insurance sector. With highly competitive premiums and a range of add-ons, this insurer ensures your bike is well-protected, whether you’re dealing with accidents, theft, or engine damage.

3. HDFC ERGO General Insurance: HDFC ERGO

• Starting Price: ₹850 - ₹1,300 per year
• Types of Coverage: Third-party, comprehensive, own-damage, and add-ons like zero depreciation and roadside assistance.
• Why Choose HDFC ERGO?
• HDFC ERGO offers a great combination of affordability and features. Their comprehensive policies cover a wide array of risks, and their prompt claim settlement process ensures that you’re never left stranded in an emergency.

4. New India Assurance: New India Assurance

• Starting Price: ₹700 - ₹1,200 per year
• Types of Coverage: Third-party, comprehensive, NCB protection, accessories cover.
• Why Choose New India Assurance?
• One of India’s oldest and most trusted insurers, New India Assurance offers reliable coverage at competitive rates. Their comprehensive policies provide solid protection, especially with add-ons like No Claim Bonus (NCB) protection.

5. Oriental Insurance: Oriental Insurance

• Starting Price: ₹850 - ₹1,200 per year
• Types of Coverage: Third-party, comprehensive, personal accident cover, zero depreciation.
• Why Choose Oriental Insurance?
• Oriental Insurance offers comprehensive policies that are both affordable and extensive. They are well-regarded for their customer service and add-ons like zero depreciation that can help minimize out-of-pocket costs during claims.

6. IFFCO Tokio General Insurance: IFFCO Tokio

• Starting Price: ₹800 - ₹1,300 per year
• Types of Coverage: Third-party, comprehensive, add-ons like engine protector and zero depreciation.
• Why Choose IFFCO Tokio?
• IFFCO Tokio provides customizable plans with options to add coverage like engine protection. Their robust claims process and competitive premiums make them a great choice for both new and seasoned riders.

7. Reliance General Insurance: Reliance General Insurance

• Starting Price: ₹850 - ₹1,300 per year
• Types of Coverage: Third-party, comprehensive, own-damage, and add-ons like NCB retention and key loss protection.
• Why Choose Reliance General Insurance?
• Known for offering multiple add-ons like key loss protection and NCB retention, Reliance General Insurance is ideal for riders who want extensive coverage beyond just accidents and third-party liabilities.

8. SBI General Insurance: SBI GENERAL INSURANCE

• Starting Price: ₹850 - ₹1,250 per year
• Types of Coverage: Third-party, comprehensive, personal accident cover, and zero depreciation.
• Why Choose SBI General Insurance?
• Backed by the trusted name of SBI, this insurer offers comprehensive coverage at competitive rates. With flexible policy options and strong financial backing, it’s a go-to for riders who want reliable service.

9. Tata AIG General Insurance: TATA AIG General

• Starting Price: ₹850 - ₹1,300 per year
• Types of Coverage: Third-party, comprehensive, and add-ons like consumable cover and emergency transport.
• Why Choose Tata AIG?
• Tata AIG stands out for its diverse range of add-ons, especially useful for long-distance riders. With features like emergency transport and consumable cover, Tata AIG ensures that every aspect of your ride is protected.

10. United India Insurance: UIIC

• Starting Price: ₹800 - ₹1,250 per year
• Types of Coverage: Third-party, comprehensive, personal accident cover, and zero depreciation.
• Why Choose United India Insurance?
• Offering affordable plans with solid features like personal accident cover and zero depreciation, United India Insurance is an excellent option for riders who want a comprehensive policy without breaking the bank.

How to Choose the Best Bike Insurance Option in India 2025?

When selecting motorcycle insurance, consider the following factors:

1. Coverage Type: Decide between third-party and comprehensive coverage. Comprehensive is recommended for better protection.
2. Premiums: Compare premiums across companies, but don’t just opt for the cheapest. Look at what each policy covers.
3. Claim Settlement Ratio: Check the insurer’s claim settlement ratio to ensure they handle claims efficiently.
4. Add-Ons: Evaluate optional add-ons like zero depreciation, roadside assistance, and NCB protection.
5. Customer Support: A responsive insurer with good customer service is essential for a hassle-free experience.

Conclusion

Finding the ideal mix of price, coverage, and dependability is key to selecting the best bike insurance option in India 2025 . Whether you're searching for basic third-party coverage or a fully-loaded comprehensive insurance with add-ons, the businesses mentioned above offer a variety of solutions to accommodate different sorts of riders. You may ride with confidence knowing that you and your bike are protected against unanticipated dangers by making the appropriate insurance investment.