What Is Covered Under Comprehensive Two-Wheeler Insurance?

What is Comprehensive Bike Insurance?

A comprehensive bike insurance policy is a policy that will provide you with extensive coverage for all kinds of unpredictable events that will provide you with a completely hassle-free ride. It is a policy including both third-party liability insurance cover and own damage insurance cover, safeguarding you, your bike, and your pocket. It is a complete coverage for your bike.

Premium Rate: A comprehensive bike insurance provides cover up to 15 years.

Claim Settlement: In case of comprehensive insurance, the depreciation on the bike is factored by the insurer at the time of claim settlement.

Priority: Comprehensive bike insurance is the best for individuals who want complete protection for their bikes. It is for those who have full protection as their priority.

What is covered under the Comprehensive Bike Insurance policy?

A standard comprehensive bike insurance policy would cover the following:

1. Third-party legal liability

It covers the insured for damage caused to a third party. It can be injury, death, or damage caused to the third-party property.

2. Personal accident

The insurer provides the insured or the insured’s family members with a cover of Rs. 15 lakhs in case of an accident while traveling on, mounting, or dismounting the bike.

3. Damage to the bike due to humanmade activities

The comprehensive bike insurance policy covers the insured against damage caused to the bike in activities like riots, burglary, theft, strike, terrorism, and any other crime.

4. Damage to the bike due to natural disasters

This policy covers losses and damage suffered due to natural calamities like floods, storms, cyclones, earthquakes, hurricanes, landslides, etc.

5. Damage to the bike during transit

The comprehensive bike policy covers damages incurred during transit via road, rail, air, elevator, lift, inland waterway, etc.

6. Others

This policy also covers damages caused to your bike due to fire, explosion, or self- ignition.

The comprehensive bike policy also offers various add-on covers that prove to be very helpful in all-round protection of the bike. Some of the most beneficial add-on covers are zero depreciation cover, No Claim Bonus, consumables cover, roadside assistance cover, return to invoice cover, engine and gearbox protection cover, etc.

What is not covered under the Comprehensive Bike Insurance Cover?

• Damage done by a person driving under the influence of alcohol or drugs
• Damage done by a person driving without a valid license.
• Wear and tear, ageing, mechanical or electrical failure.
• Loss or damage to accessories by burglary, unless the bike is stolen at the same time.
• Tyre or tube damages unless due to an accident.
• Any kind of illegal usage of the vehicle.
• Damage caused outside the borders of India.
• Any claim arising out of contractual liability.

Companies like Bharti AXA provide the best deals for the comprehensive two-wheeler insurance cover policy.