✓No Inspection Policy Issuance ✓24x7 Assistance ✓Quick Claim Processing | Buy a Bike Insurance Plan Starting at ₹538/year* Check Plans

Two-wheeler insurance is not only mandated by law but can also help you stay protected on-road and off-road. Broadly, there are three types of bike insurance plans - third-party insurance plans, own-damage insurance plans and comprehensive insurance plans.


Though only a third-party insurance plan is mandated by law, many bike owners choose to purchase a comprehensive insurance plan or an own-damage cover as well to add an additional layer of protection. 


HDFC ERGO is one of India’s leading bike insurance providers. They offer all three types of insurance plans, along with a wide range of add-ons to ensure that you’re adequately protected. 

HDFC ERGO Bike Insurance Plans Available on Bajaj Markets


What’s Covered?

Estimated Third-party Premium




Comprehensive Two-wheeler Insurance

  • Theft, accident, fire, etc. 

  • Personal Accident Cover 

  • Natural Calamities

  • Third-party liabilities 




Starts at ₹538/year




Third-party Cover

  • Personal Accident Cover 

  • Third-party property damage

  • Injury to a third-party person




Starts at ₹538/year


Standalone Own-damage Cover

  • Accident, fire, theft, etc

  • Natural Calamities


Starts at ₹538/year


Cover For Brand New Bikes

  • Standalone Own-damage cover for one year

  • Third-party liability for five years 


Starts at ₹538/year

Types of HDFC ERGO Two Wheeler Insurance

These are the different types of HDFC ERGO bike insurance plans available: 

1. Comprehensive Two-wheeler Insurance

Your bike will be secured against fire, theft, natural or man-made disasters with a comprehensive insurance plan. You can also enjoy cashless repair options at a wide range of network garages all across the country.

2. Third-party Cover

Your bike will be protected against third-party liabilities such as bodily injuries, property damage and accidental death. 

3. Standalone Own-damage Cover

A own-damage cover protects your bike against damages caused to your bike by you. 

4. Cover For Brand New Bikes

This is a specialised insurance cover offered by HDFC ERGO. Under this policy, you get one year coverage against damage to your own bike. You get a five year cover against damages to a third-party person or property.

How to Buy HDFC ERGO Bike Insurance

You may purchase an HDFC ERGO Bike Insurance on Bajaj Markets by following these steps: 

  • Step 1: Go on the bike insurance premium calculator page.  

  • Step 2: Enter in relevant information regarding your bike. This will include your bike’s make, model, registration number, etc. 

  • Step 3: Choose a plan that suits your needs. 

  • Step 4: You may also add any required add-ons at this stage. 

  • Step 5: Make the premium payment and you’re done!

Key Features of HDFC ERGO Bike Insurance Plans

Here are some of the key features of HDFC ERGO Bike Insurance plans:

  • Affordable premiums

  • 2000+ cashless garages 

  • Emergency roadside assistance

  • Up to ₹15 lakhs

Benefits of HDFC ERGO Two Wheeler Insurance

Here are some of the benefits of purchasing an HDFC ERGO Two-wheeler Insurance:

Get Instant Quotes

Know your HDFC ERGO Bike Insurance premium prices instantly using an insurance premium calculator. All you need to do is enter in a few basic details like your bike’s make, model, etc. and get your pre Read Moremium quotes, both exclusive and inclusive of all taxes. This makes the entire insurance buying process simple and convenient.  Read Less

Quick Issuance

Purchasing your HDFC ERGO Two-wheeler Insurance plan is only only convenient, it’s also quick! When you purchase your insurance plan online, the policy is sent over to you via your registered email ID Read Morewithin a couple of minutes.  Read Less

Minimal Paperwork

You can get done with your insurance plan purchase with only a few basic documents. If you’re purchasing a new policy plan, enter in your bike's registration number and other relevant details, furnish Read Moreyour KYC documents and you’re done! For renewals and policy transfers, no paperwork will be required.  Read Less

Payment Reminders

Once you’ve made a policy purchase, you will be reminded well before your renewal dates so you don’t miss out on any policy renewals! 

Transparent Process

The process for purchasing an HDFC ERGO Bike Insurance is very transparent as there are absolutely zero hidden fees or charges. You only pay what you see!

What’s Covered & Not Covered

Here’s a table showing some of the inclusions and exclusions under the HDFC ERGO Bike Insurance plans: 

What’s Covered?

What’s Not Covered? 

Policy covers damages sustained by your bike in the event of an accident. 

Normal wear and tear, depreciation. 

Any damages incurred to your vehicle due to a fire or explosion will be covered. 

Losses caused by mechanical breakdowns.

Theft and loss of bikes will be covered. 

Consequential losses.

Protection in case of damages caused by natural calamities, disasters and social perils.

Damages and losses that are resultant of intoxicated driving.

If you’re harmed during a bike accident, your treatment charges will be covered by the insurer. 

Damages caused by racing, pace-making and other such activities. 

Third-party property and personal damages will be covered by the insurer. 

Losses that are caused by nuclear weapons, radiation, wars and allied perils. 

Factors Influencing the Premium of HDFC ERGO Two Wheeler Insurance

Here are some factors that affect HDFC ERGO Bike Insurance price:

1. Type of Insurance Policy 

While a third-party insurance is legally mandated, the decision to purchase an own-damage cover or a comprehensive insurance plan is totally up to you. Purchasing these plans can add to the cost of purchasing insurance plans. However, they add an extra layer of protection and help keep you sufficiently protected. 

2. Type and Condition of the Bike 

Your insurance premium is largely dependent on the type of bike you own. Naturally, expensive bikes have higher premiums and vice versa. Your bike’s cubic capacity or cc has a significant impact on your premium amount. A bike with a low cc will have a lower premium amount when compared to a bike with a higher cc. Other factors such as your bike’s make, model, age, class, fuel type, place of registration, number of kilometres covered can all affect your HDFC ERGO bike insurance premium amount. 

3. Risk Evaluation Based on the Driver’s Driving History 

Insurance premiums are evaluated based on a number of factors such as age, experience and driving record. The insurer evaluates the risk profile of each owner-driver to determine the bike insurance premium. Generally, experienced drivers with a clean driving record get better premium quotes than inexperienced drivers. If you have a history of rash driving, then the insurer is likely to flag you as a high-risk driver and quote a higher premium amount. 

4. Add-on Covers 

While add-covers can help offer increased coverage, it’s important to keep in mind that they also drive up the overall cost of purchasing an insurance plan. Evaluate your needs and only purchase add-ons that are necessary. 

5. Modifications 

Modifications can be a fun and innovative way to improve your bike’s performance and aesthetics. However, it’s important to note that basic insurance plans do not cover modifications and you would be required to purchase additional covers to ensure that your bike is adequately protected. Having too many modifications will require you to purchase a number of different covers and this will drive up your insurance premium cost. So, if you wish to keep your insurance premium amount low, avoid unnecessary modifications. 

How to Calculate the Premium for HDFC ERGO Bike Insurance

Here’s how you can calculate HDFC’s Bike Insurance premium amount on Bajaj Markets:

  • Step 1

    Enter in your phone number, vehicle registration number and other required details.

  • Step 2

    Indicate whether your bike insurance policy is active or has expired.

  • Step 3

    Choose a bike insurance policy that works for you.

  • Step 4

    Compare and contrast between the insurance plans presented to you.

Add-on Covers Offered By HDFC ERGO Bike Insurance

Here are some of the add-ons offered by HDFC ERGO Bike Insurance plan: 

1. Emergency Roadside Assistance Add-on Cover 

With HDFC ERGO bike insurance policy you can opt for Emergency Roadside Assistance add-on cover where your bike can be repaired anytime and anywhere.

2. Zero Depreciation Add-on Cover 

Depreciation refers to the decrease in value of your vehicle caused by regular wear and tear. Zero Depreciation bike insurance add-on cover is one of the most popular types of add-ons that bike owners choose to purchase. This add-on can be purchased with a standalone own damage bike insurance cover or a comprehensive bike insurance policy. You can purchase a Zero Depreciation add-on cover to compensate for the decrease in value caused by depreciation. With this add-on, your tyres, batteries and tubes are covered at 50% depreciation while all the other parts are insured at 100%. 

FAQs on HDFC Ergo Bike Insurance

Is it possible for me to renew my current HDFC ERGO Two-wheeler Insurance policy or renew a policy from another insurance provider online?

Yes, it is possible for you to renew your current HDFC ERGO Two-wheeler Insurance policy online. Most insurers offer the facility to renew bike insurance plans online as well. 

Do I need to get HDFC ERGO Bike Insurance for my two-wheeler as per law?

In India, third-party bike insurance plans are mandated by law. However, it’s entirely up to you whether or not you wish to purchase a third-party cover or an own-damage cover.

What events or losses are excluded from coverage under HDFC ERGO Two-wheeler Insurance?

The HDFC ERGO Two-wheeler Insurance plan will not be applicable under these circumstances: 

  • When the policy plan is in lapsed state 

  • Mechanical breakdowns caused by natural wear and tear 

  • When the driver is disobeying traffic rules and/or driving under the influence of intoxicating substances 

What is the impact on my No Claim Bonus when renewing an expired HDFC ERGO Bike Insurance policy?

A No Claim Bonus or NCB is a discount on the premium that is awarded by the insurer for having a claim-free policy term. An NCB can range anywhere from a discount of 20% to 50%. An NCB can be claimed at the time of renewals. 

What is the distinction between Cashless Claim and Non-Cashless/Reimbursement Claim in a HDFC ERGO Bike Insurance policy?

A cashless claim is when you (the insured) get your vehicle repaired from an authorised network garage. When you make a cashless claim, you would not be required to pay any cash from your pocket as the bills are settled amongst your insurer and the garage. 

A cashless claim or a reimbursement claim is one where you get your vehicle repaired at a garage of your choice and raise a reimbursement claim to your insurer. After verifying and approving your claim, your insurer compensates you for the bill payment, after accounting for any deductibles. 

How does the emergency assistance program function in the context of two-wheeler insurance?

With a Roadside Assistance Cover, the insurer offers on-the-spot repairs, towing, emergency accommodation, an alternate mode of transportation and key replacement in case you get stranded in the middle of the road. 

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