Buy Bike Insurance In Indore

Known as the commercial capital of Madhya Pradesh, Indore is an industrial city that is known for its perfect combination of modernization and cultural history. Not only this but its food, natural beauty,  climate, and markets altogether make it a famous tourist place. The city has a huge, well-developed transportation system through the air, rail as well as road. If you are planning to purchase a motorcycle in Indore, make sure that you get bike insurance in Indore offering financial coverage for any accidental loss and damage. Go through the entire article to know more about different vehicle insurance plans by Acko, HDFC Ergo, and Bajaj Allianz available at Bajaj Markets for your bike in Indore.

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

Two-Wheeler Insurance in Indore

Indore, often called the commercial capital of Madhya Pradesh, is a fast-growing industrial city, which still manages to retain its ancient historical charm. It is also one of Madhya Pradesh’s popular tourist destinations because of its climate, natural beauty, food, and culture. Indore is very well connected by air, rail, and road. The two national highways, Bombay-Agra Road and Indore-Ahmedabad Road go through the city, which makes it easier for people to travel within or around the city. As the city has become highly commercialised over the past decade, the amount of vehicles has increased very rapidly. If you wish to drive a two-wheeler here, you will need valid bike insurance in Indore to keep yourself against accidental damages. In this article, we’ll take a look at the various options for bike insurance in Indore and the advantages of getting a comprehensive insurance plan.

Benefits of Comprehensive Bike Insurance in Indore

While comprehensive bike insurance in Indore will typically cost more than third-party insurance, you also get numerous benefits with it, which include:

  • Coverage for Your Two-Wheeler

Third-party bike insurance only covers the other parties involved in an accident but does not provide any coverage to the policyholder. On the other hand, comprehensive bike insurance provides coverage to you and your two-wheeler for any damages or injuries caused in an accident. As the cost of vehicle parts and repairs has gone up over the past years, it is always better to be prepared with a comprehensive plan.

  • Helps Abide by the Law

As per the new Motor Vehicles Act, 2019, it is compulsory for all vehicle owners to have at least third-party insurance for their vehicles in order to drive on Indian roads. If you are caught by the traffic police while driving a vehicle without insurance, you may be fined up to ₹4,000. In some cases, you may even be imprisoned for a period of 3 months. To avoid legal trouble, make sure you always drive with insurance.

  • Included Third-Party Insurance

When you buy a comprehensive insurance plan, you automatically get third-party cover included in your policy. So, you can get the benefit of third-party cover and own damage in a single insurance plan.

  • Add-on Covers

Sometimes you may feel that coverage offered & benefits of the comprehensive bike insurance in Indore may be inadequate or you may look for enhanced coverage for some specific circumstances. In these situations, you can choose to buy add-on covers that come with comprehensive bike insurance and offer added protection such as roadside assistance, bike theft cover, etc.


Read More: Bike Insurance Cover - Inclusions & Exclusions

  • No Claim Bonus

If you have been using your bike insurance in Indore for a full policy term, you may be eligible for the No Claim Bonus (NCB), which allows you to get lower insurance premiums at the time of renewing your bike policy. You can also transfer your NCB to a different insurer if you are planning to switch insurance providers.

Some of the Best Bike Insurance Plans in Indore

If you are confused about which bike insurance in Indore to get for your two-wheeler, take a look at the two-wheeler insurance plans available at Bajaj Markets with their features in the table below:


Bajaj Allianz General Insurance Co

Acko General Insurance Ltd

HDFC Ergo General Ltd

Third-party cover

Comprehensive Bike Insurance

Premium Amount

Starting at Rs. 538. - + GST (effective 1st April 2022)

Starting at Rs. 538. - + GST (effective 1st April 2022)

Starting at Rs. 538. - + GST (effective 1st April 2022)

No of Network Garages




Claim Settlement Ratio




Additional Covers

*The aforementioned third-party premium rates are indicative. The actual insurance amount that you may have to pay may change depending on various factors. Please check the prevailing premium rates before purchasing your bike insurance policy.

Network Garages in Indore

When you buy comprehensive bike insurance in Indore, you can also take advantage of the network garages in the city that are linked with your insurance provider. You can take your damaged bike directly to a network garage and get it repaired without paying anything. The network garage will directly settle the repair costs with your insurance provider. However, if the bill exceeds the total coverage your bike plan offers, you will have to pay the remaining amount out of your own pocket.


You can check out the nearest network garage for bike insurance plans made available from our partners insurers:


Bajaj Allianz General Insurance -


HDFC ERGO General Insurance -

To Conclude

With a good bike insurance policy, you can ride your two-wheeler without worrying about dents or damages. The insurance policy takes care of all the expenses for the repairing and maintenance of your bike in case of accidents. Bajaj Markets brings you two-wheeler insurance policies for your bike with comprehensive coverage at lucrative costs that you can choose from. We also offer add-on covers such as bike roadside assistance cover to ensure you travel worry-free. While you are at it, you can get an estimate using the bike insurance premium calculator for the plans available on Bajaj Markets. 

Check Out Bike Insurance Plans Available at Bajaj Markets

FAQs on Bike Insurance in Indore

  • ✔️What are some of the risks that the third-party bike insurance policies cover?

    The third-party bike insurance covers any damages to the third-party vehicle or injury to the rider.

  • ✔️Is it beneficial to choose long-term two-wheeler insurance in Indore?

    If you do not want to face the hassle of renewing your policy every year, the long-term plan is perfect for you. It offers protection against damages to your bike. 

  • ✔️My two-wheeler insurance in Indore has expired. Can I have it renewed into a long-term insurance policy?

    Yes, you can convert your two-wheeler insurance in Indore into a long-term insurance policy through Bajaj Markets online. During this process, you will have the option to select the policy tenor as three years.

  • ✔️What are the consequences of an expired two-wheeler insurance policy?

    Non-renewal of the policy will lead to the cancellation of any cover that you were previously receiving from the insurer and you will have to pay for any accident-related expenses out of pocket. If you are caught driving without insurance by the police, you may also be fined/imprisoned. 

  • ✔️What do you mean by Insured’s Declared Value (IDV) for bike insurance? How do you calculate it?

    The IDV is the current market price of your bike. The insurer notes the manufacturer’s current MRP of the bike and subtracts the depreciation value to calculate the IDV.

  • ✔️How can I check the bike insurance price in Indore?

    You check the bike insurance price in Indore using the bike insurance premium calculator. 

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