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Bike Insurance in Lucknow

Lucknow is a beautiful city with sprawling gardens, fine cuisine, and a rich culture. It is counted among the most important cities in India, given its prowess in various sectors like retail, manufacturing and finance. It is also among the top cities in India with respect to GDP. This growth has also resulted in traffic congestions that have led to multiple road accidents in the city, especially those involving two-wheelers. In such a scenario, it is always good to have a two-wheeler insurance in Lucknow for your precious bike. It is also compulsory to have at least a third-party bike insurance for your bike as per the Motor Vehicles Act, 1988. In this article, we’ll take a look at the different options for bike insurance in Lucknow, its benefits, bike insurance cost in Lucknow, and much more.

Benefits of Two-Wheeler Insurance

Riding safe and riding securely are two different things; it is a two-wheeler insurance that makes all the difference. Read on to know more about the benefits of opting for a comprehensive two-wheeler insurance in Lucknow:

  • Financial Security

By opting for a bike insurance in Lucknow, you can be assured of financial protection against risks such as accidents, theft, losses caused due to both natural and man-made disasters, etc.

  • Cashless Claim Facility

The comprehensive bike insurance plans available on Bajaj MARKETS give you the option of hassle-free cashless claim settlements if you get your bike repaired at any network garage.

  • Coverage for Third-Party Liabilities

A bike insurance in Lucknow will provide coverage for third-party liabilities like property damages, injuries, or death caused by your insured two-wheeler.

Bike Insurance Plans in Lucknow

To get some of the best bike insurance plans for you, Bajaj MARKETS has partnered with Bajaj Allianz General Insurance Co., Acko General Insurance Ltd., and HDFC ERGO General Insurance. Here are some of the features of the two-wheeler insurance plans offered by these insurance providers:

Key Feature

Bajaj Allianz Two-Wheeler Insurance

ACKO Bike Insurance

HDFC ERGO Two-Wheeler Insurance

Cashless Claim Facility

Claim Settlement Ratio




Type of Insurance Coverage

Third Party + Comprehensive Bike Insurance

Third Party + Comprehensive Bike Insurance

Third Party + 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


100% cashless garages


Add-On Covers

Network Garages Associated in Lucknow

Buying comprehensive bike insurance in Lucknow gives you the added advantage of getting your bike repaired at any of the network garages associated with the insurance provider. If you get your two-wheeler repaired at a network garage, you will not be required to pay for the repair expenses out of pocket. All you need to do is file a cashless claim, and the insurer will settle the bill with the garage.

You can check out the nearest network garages in Jaipur, for car insurance plans made available from our partners insurers:

Bajaj Allianz General Insurance - https://apps.bajajallianz.com/gmlocator/locate-garages.php

HDFC ERGO General Insurance - https://www.hdfcergo.com/locators/cashless-garages-network


While you are driving around the city of Lucknow, you must ensure that your two-wheeler is secured with adequate bike insurance. This insurance cover will act as your financial shield during unfortunate events like accidents, natural calamities, etc. So, if you are looking to buy bike insurance in Lucknow for your two-wheeler, you can use the bike insurance calculator to compare various plans and then pick one that suits your needs.

Check Out Bike Insurance Plans Available at Finserv MARKETS

FAQs on Bike Insurance in Lucknow

  • ✔️What happens if my bike insurance policy expires?

    When your bike insurance policy expires, you are exposed to the risk of unforeseen expenses. Moreover, if you fail to renew your insurance policy within 90 days of expiry, you will also lose out on accumulated benefits like the NCB.

  • ✔️How can I pay for two-wheeler insurance online?

     When you buy bike insurance online at Bajaj MARKETS, you can pay in multiple ways such as net banking, debit card, credit card or even a mobile wallet. The entire process will not take more than a few minutes.

  • ✔️How is two-wheeler insurance premium calculated?

     The amount of bike insurance premium payable is unique for each person. The bike insurance premium is calculated based on factors such as bike model and make, geographic location, year of manufacture, engine capacity, the age of bike owner, anti-theft device installation, etc.

  • ✔️What is the bike insurance price in Lucknow?

     You can use the bike insurance premium calculator that is available online to get the bike insurance price in Lucknow.

  • ✔️Can I transfer my No Claim Bonus (NCB) while renewing my two-wheeler insurance in Lucknow?

     Yes, you can transfer your NCB rewards during the renewal or purchase of a new bike insurance policy as the NCB belongs to the owner of the two-wheeler.

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