Best Bike Insurance In Delhi

Delhi is currently among the most crowded and populated cities in India. With the increase in population, the density of vehicles on roads has also increased indicating a moderate to high risk of accidents. As per the statistics, the number of two-wheelers is comparatively higher than cars as they are affordable and a time-saving commute option. In such a scenario, the Delhi traffic control department is quite stringent about bike insurance in Delhi. The insurance policy plans offered by Acko, Bajaj Allianz, and HDFC Ergo available at Bajaj Markets compensate the cost of damages and losses incurred during an accident or unfortunate incident to safeguard the policyholder from burning a hole in their pocket. 

READ MORE

✓No Inspection Policy Issuance ✓24x7 Assistance ✓Quick Claim Processing | Buy a Bike Insurance Plan Starting at ₹457/year*

Bike Insurance in Delhi

Delhi is the capital of India and is home to a plethora of vehicles. It is one of the most populated cities in the nation, although traffic laws are strict, roads are overcrowded, and there is a moderate to high risk of accidents. The majority of vehicles that ply on Delhi roads are two-wheelers, as they are easy to park in a crowded city and make more economic sense than cars. The amount of vehicles on Delhi’s roads makes it a dense area no matter where you ride your bike. Therefore, traffic road accidents are all too common. A way in which to protect yourself if you have a bike in Delhi is to get bike insurance in Delhi.

Best Two-Wheeler Insurance Plans

You can get two-wheeler insurance in Delhi from leading insurance companies and plans that are competent enough to give you the coverage that you need. You are covered from the standpoint of the law and get the security of expense coverage, should an accident befall you. Among the plans that offer two-wheeler insurance in Delhi through Bajaj MARKETS are Bajaj Allianz Bike Insurance, Acko Bike Insurance and HDFC ERGO Bike Insurance.

In general, these companies give you plans that offer a range of benefits and features such as easy processing of online bike insurance in Delhi, additional coverage if you need it, substantial premium discounts, claim settlements that are hassle-free, and customer support that operates around the clock, among others. However, you may see features pertaining to each of the plans in the table below:

 

Bajaj Allianz General Insurance Policy

Acko General Insurance policy

HDFC ERGO General Insurance policy

Category

Comprehensive

Comprehensive

Comprehensive

Insured Declared Value

Depends on the make and model.

Depends on the make and model.

Depends on the make and model.

Coverage

Own damage, liability against third party cover, personal accident cover

Own damage, liability against third party cover, personal accident cover

Own damage, liability against third party cover, personal accident cover

Tenor

One year

One year

One year

Premium

Depends on the make, year and model.

Depends on the make, year and model.

Depends on the make, year and model.

Personal accident cover

Available

Available

Available

Claim settlement

98%

95% for FY 2020-21

99.8% for FY 2020-21

Key replacement cover

Available

Available

Available

No claim bonus cover

Available

Available

Available

Depreciation protection

Available

Available

Available

Engine protect cover

Available

Available

Available

Roadside assistance

Available

Available

Available

Consumable expenses

Not available

Available

Available

Claim registration process

Digital

Digital

Digital

Benefits of Two-Wheeler Insurance

If you want to insure your new two-wheeler or wish to renew your policy and get a new plan, you get the following benefits from the best plans available. The advantages of premium bike insurance plans are mentioned below:

  • Rapid Settlement of Claims

Your claims are settled in a matter of a few minutes through quick online processes.

  • 24x7 Customer Care

With support and assistance on the road, available through the day and night, you get continuous support. You can contact the customer support staff via phone or email. Furthermore, insurers make available an SMS facility that is instant.

  • NCB Facilities

When you don’t make claims during the policy term, you can get NCB or No-Claim Bonus. This gives you discounts on further policy premiums of nearly 50% when you renew bike insurance in Delhi.

Network Garages in Delhi

If you purchase bike insurance in Delhi, you get access to a large network of garages where you can make the most of cashless claims, avoiding any expense from your own pocket. The network connected to these great vehicle insurance plans is made up of more than 8,000 garages spread across the length and breadth of India. With such a huge network and cashless claims, you get the freedom to choose a garage near you. Check out these key network garages in Delhi.

1. Bajaj Allianz

You can see the list of the Bajaj Allianz Bike Insurance network garages in Delhi on this page.

https://apps.bajajallianz.com/gmlocator/locate-garages.php

2. Acko

You can check the list of the Acko Bike Insurance network garages in Delhi on this page.

https://www.acko.com/garages/

3. HDFC ERGO

You can check the list of the HDFC ERGO Bike Insurance network garages in Delhi on this page.

https://www.hdfcergo.com/locators/cashless-garages-network

Wrapping it Up!

Getting two-wheeler insurance in Delhi is a piece of cake, especially if you decide to get a plan from any partners on Bajaj MARKETS. You can look for the plan that meets your requirements, and in easy procedures, you can apply online and get your policy so you can ride your two-wheeler in a stress-free way. To be aligned with the law, you must get insurance, and not only because of this reason. Vehicle insurance protects you when you face expenses due to sudden events like accidents, theft and other liabilities resulting from your bike mishaps.

Check Out Bike Insurance Plans Available at Finserv MARKETS

FAQs on Bike Insurance in Delhi

  • ✔️In the event my insurance policy expires, what do I do?

    If your policy expires, you must renew it. Ideally, you should renew your policy so that the renewal is aligned with your expiry date, so your policy is in effect always. In case you fail to renew it, you are exposed to several risks, including getting caught by the law and remaining unprotected. 

  • ✔️What are the clauses of risk that a third-party bike insurance policy offers coverage for?

    Several clauses of risk are covered by third-party bike insurance, like death, bodily harm or injury, disability, damage to vehicles, and other financial liabilities.

  • ✔️Does bike insurance in Delhi have to be renewed on a yearly basis?

    This is not necessary. If you purchase a term plan for bike insurance, it lasts for a term of 3 years. Such a term insurance policy covers all kinds of unfortunate events and yet reduces your costs. 

  • ✔️How do you renew a two-wheeler policy in Delhi?

    You can renew a two-wheeler insurance plan online through any leading motor insurance company in Delhi.

  • ✔️Do I have to buy bike insurance in Delhi before I use my bike?

    It is mandatory to hold, at the very minimum, a third-party insurance policy when you ride/drive any vehicle in India. This is in accordance with the Motor Vehicle Act of 1988. Furthermore, a valid insurance policy has you covered against financial liabilities arising out of emergencies on the road.

  • ✔️What risks does a third-party bike insurance policy cover?

    A third-party bike insurance policy covers a multitude of risks such as bodily injury, death, disability, vehicular damage and other similar monetary liabilities.

  • ✔️Do I have to renew my bike insurance in Delhi annually?

    No, when it comes to renewal of bike insurance, you can simply opt for a long-term plan, one which lasts for 3 years. 

  • ✔️What happens if my policy expires?

    If your policy expires, and you fail to renew it, you are then exposed to a range of risks in terms of damage, repair and finances.

  • ✔️Can I ride my two-wheeler without an insurance policy?

    No, as per the Motor Vehicles Act of 1988, it is illegal to ride your two-wheeler without a valid third-party insurance.

Happy Customers of Finserv MARKETS

Getting a loan to take care of my wedding and relieving my parents to enjoy the occasion was the best decision I ever made. Easy-to-apply, amazing interest rate and quick disbursal, what more can one ask for!

I am passionate about the vehicle I drive. I want to protect it with the best available option. What amazed me was the full transparency, quick quotes and the attractive discount on the premium while choosing the annual payment option!

Check your personal loan eligibility in seconds!

My husband and I will finally move into our own house this Diwali. All thanks to Bajaj Finserv, with competitive interest rates, minimal processing fees and easy to repay EMIs, our dream saw the light of reality in no time!

Get the best FD interest rates starting @ 8.40%. Let's start!

Kids grow up fast and to fulfill their dream trip to Disneyland I had everything but instant funds. With no collateral or guarantor required and a hassle-free processing, I gifted my family a memorable trip to Orlando with just a click!

Get sum insured up to 1 Crore! Let's start!

The best way to start looking for health insurance is to do a close study of the coverage needs and checking the insurance company's claim ratio. No unnecessary jargons, easy to apply claims process and choice of premia!

Zero additional charge on part-payment option on Business loans! Let's start!

I bought my first iPhone using my Bajaj Finserv EMI Network Card. Zero downpayment with a No cost EMI on Bajaj Finserv EMI store just made my day!

Get home loan sanctioned online in 72 hours! Let's start!