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Understanding Bike Insurance Types: Comprehensive vs Own Damage

This blog explains the differences between comprehensive and own damage bike insurance. It covers features, benefits, coverage details, and costs to help you choose the right two-wheeler insurance plan for your needs and ensure financial security in case of mishaps.

  • 05 Sep 2025
  • 5 min read
  • 9 views

Understanding the differences between types of two-wheeler insurance can help you make the right choice based on your needs and budget. Among the available options, comprehensive and own damage insurance are two key types. A comprehensive plan covers damage, theft and third-party liabilities, while own damage insurance only covers the insured bike and excludes third-party coverage.

This article explains what a bike insurance policy is and provides a detailed comparison between comprehensive and own damage insurance.

What is a bike insurance policy?

A bike insurance policy is a contract between the bike owner and an insurer, covering loss or damage due to accidents, natural disasters (like floods or earthquakes) or man-made events (such as fire or vandalism). It helps protect against financial and legal liabilities arising from such incidents. In fact, under the 2002 Indian Motor Tariff, it is mandatory for all bike owners to have at least third-party insurance.

The type of insurance you choose determines the level of coverage. Selecting the right two-wheeler insurance based on your needs and budget is essential.

What is own-damage bike insurance?

Own damage (OD) bike insurance covers loss or damage to your insured two-wheeler due to accidents, theft, natural disasters or man-made incidents. However, it does not include third-party liability, so it's often purchased alongside a third-party plan for complete coverage.

Benefits of own-damage bike insurance

Own damage bike insurance offers flexibility and customisation, allowing you to enhance coverage by choosing relevant add-ons. This enables you to tailor the policy to your specific needs and ensure better protection for your two-wheeler.

What is comprehensive bike insurance?

Comprehensive bike insurance offers all-round protection by covering both own damage and third-party liabilities. It includes losses due to accidents, theft, natural disasters and man-made events.

This policy provides extensive coverage while also protecting you from legal liabilities if you injure someone or damage third-party property.

Benefits of comprehensive bike insurance

Comprehensive bike insurance offers wide-ranging coverage, protecting against accidents, theft and damage from natural or man-made calamities. It covers both own damage and third-party liabilities, making it a complete protection plan. Policyholders can benefit from a No Claim Bonus (NCB) of up to 50% on renewal premiums if no claims are made during the policy term.

It also helps reduce repair costs, as most expenses are covered with only a small deductible. Additionally, the policy is applicable to all types of two-wheelers, including motorbikes, scooters, mopeds and electric bikes.

Differences between comprehensive and own damage bike insurance

The main difference between comprehensive vs own damage insurance is the coverage they offer. Here are the main differences:

Comparison

Comprehensive bike insurance

Stand alone bike insurance

Inclusion

It is an all-inclusive bike insurance plan. It covers your two-wheeler against potential damages and losses, and also offers third-party liability coverage.

The OD insurance covers your bike against damages, losses, theft, etc. However, it does not include third-party liability coverage.

Premium

The premium is higher than that of Standalone OD insurance.

The premium is lower than the comprehensive package.

Third-party injury or death

Comprehensive bike insurance offers coverage against third-party injury or death

Standalone OD does not cover injury or death that occurs to a third party.

Which insurance should you choose?

The type of bike insurance you choose should depend on your usage, the age of your vehicle and the level of protection you need. Comprehensive insurance is ideal for those seeking wider coverage, especially for newer bikes or regular riders.

On the other hand, if you already have third-party insurance and want to protect your own vehicle from damage or theft, opting for your own damage cover can be a practical and budget-friendly option.

Conclusion

Both comprehensive and own damage bike insurance have their own benefits and the right choice depends on your specific needs. A comprehensive policy offers complete financial protection by covering both your bike and third-party liabilities, making it a convenient all-in-one solution. If you already have an active third-party policy, adding your own damage insurance separately can be a more cost-effective way to protect your vehicle while keeping premiums lower.

FAQs

  • What is zero depreciation for bike insurance?

Zero Depreciation (Zero Dep) or bumper-to-bumper, or nil depreciation for bike insurance, is an add-on cover that gives a full claim amount with no deduction for depreciation. It's available with comprehensive or own-damage two-wheeler insurance covers.

  • How do you choose the best bike insurance?

To choose the best bike insurance, ensure you assess your coverage needs, understand Insurance Declared Value (IDV) and find a reputed insurer.

  • How can I lower my bike insurance?

Generally, you can lower your bike insurance by reducing your annual mileage. Often, the fewer miles you ride, the cheaper your bike insurance can be. That's mainly because you're on the road fewer times, hence considered a lower insurance risk.


Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the topic featured in the article. It is advised to verify the currency and relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.

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