Two Wheeler Insurance: Buy or Renew Bike Insurance Online | ICICI Lombard
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Protecting more than 60 lakh two-wheelers every year with Two Wheeler Insurance

We are committed to ensure assistance and protection for over 60 lakh* two-wheeler riders who choose to secure their vehicles with our two-wheeler insurance.

7 reasons to buy Two Wheeler Insurance from ICICI Lombard

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    Choose convenience over hassles of renewal

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    The policy comes with tenure options of 1, 2 or 3 years. Opt for long term tenure and ride worry free

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    Ride with a protective shield

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    Rely on our 2500+ network garages across India for assistance in case of any glitches during your journey

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    Enjoy additional benefits of riding safe

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    Your No Claim Bonus (NCB) will be applicable for 1 or more claims as per the policy period

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    Renewing your policy online is a breeze

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    There will be no vehicular inspection conducted, even in the case of an expired policy

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    Secure yourself and your co-passengers

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    Get an inbuilt personal accident cover and keep your loved ones secure too with add-on co-passenger cover

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    Choose extra security for your two wheeler

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    Opt for add-on cover to secure electrical and non-electrical accessories of your two wheeler

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    Get a hassle-free long term policy

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    Get a single policy certificate that is valid for 3 years

Two Wheeler Insurance Simplified

Two Wheeler Insurance Simplified

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Explore 5 protective measures to make your bike rides safer. How many of these do you already follow?

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Understand two wheeler insurance policy coverage

What is covered under your two wheeler insurance policy: Inclusions

  • Loss or damage to your vehicle against natural calamities - Fire, explosion, self-ignition or lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide.
  • Loss or damage to your vehicle against man-made calamities - Burglary, theft, riot, strike, malicious act, accident by external means, terrorist activity, any damage in transit by road, rail, inland waterway, lift, elevator or air.
  • Personal Accident Cover - Coverage of ₹ 15 lakhs for the individual driver of the vehicle while travelling, mounting or dismounting from the  ​Two Wheeler. Optional personal accident covers for co-passengers are also available.
  • Third Party Legal Liability - Protection against legal liability due to accidental damages resulting in the permanent injury or death of a person, and damage caused to the surrounding property.

To understand exactly what all your bike insurance policy covers, and be in a much better position to benefit from it, read your Bike Insurance Policy Wordings carefully.

What is not covered under your two wheeler insurance policy: Exclusions

  • Normal wear and tear and general ageing of the vehicle
  • Depreciation or any consequential loss
  • Mechanical/electrical breakdown
  • Loss/damage due to war, mutiny or nuclear risk

It’s always a good idea to be aware of what is excluded from your policy, so that you are not disappointed by extra expenses later. So make sure you go through the Two Wheeler Policy Wordings carefully.

Two Wheeler Insurance
Two Wheeler Vehicle package Policy
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Check the sum insured offered by your two-wheeler insurance policy

Each two-wheeler is insured at a fixed value which is termed as the Insured’s Declared Value (IDV). This sum insured as part of the two-wheeler insurance is calculated on the basis of a number of factors. Here’s how it works:

  • IDV is calculated on the basis of the manufacturer's listed selling price of the vehicle (plus the listed price of any accessories) after deducting the depreciation for every year as per the schedule provided by the Indian Motor Tariff.
  • If the price of any electrical and / or electronic item installed in the vehicle is not included in the manufacturer's listed selling price, then the actual value (after depreciation) of this item can be added to the sum insured over and above the IDV.

Explore our simple & hassle-free Two Wheeler insurance claim process

In case of an unfortunate accident / breakdown, be assured of complete assistance from us

  • In case of an unfortunate accident / breakdown, be assured of complete assistance from us, to get you back onto the road, as early as possible.
  • For a motor insurance claim, you can avail cashless facility for the repair of your vehicle in any of our network garages.
  • If the vehicle is serviced in a garage outside the purview of our network, then you can claim reimbursement of your expenses
  • Now you can directly register and track your claim online*, with our Lodge a Motor Claim service.

*Please note that as of now, only accidental damage claims can be processed through the Lodge a Motor Claim service

In case of an accident, make sure you follow these steps

  • Note the number of the other vehicle involved in the accident, if any
  • Note down the names and contact details of witnesses, if any
  • Contact our toll free number 1800 2666 and get your claim number / reference number
  • The Call Centre Representative will provide you with the details of the documents required for claim processing and also details of our preferred cashless garage
  • File an FIR at the nearest police station in case of property damage, bodily injury, theft and major damages

Here’s what happens after you have registered your claim

  • Our Customer Service Manager (CSM) will contact you within 24 hours of registering the claim
  • You will then need to submit all the required documents to the dealer / CSM and get them verified with the originals
  • Our CSM will then get an estimate for the repairs of your vehicle and give spot approval after assessment
  • Payments that need to borne by us at our preferred garage will be made directly to the garage on completion of the repairs
  • Our CSM will inform you in case any balance amount has to be paid by you as per the policy terms and conditions

To make your claim settlement process faster and simpler, follow this checklist of documents

Documents Required for Accident Claims

  • Claim Form duly signed*
  • RC copy of the vehicle
  • Driving License copy
  • Policy copy (First two pages)
  • FIR on a case-to-case basis
  • Original Estimate
  • Original Repair Invoice and Payment Receipt (for cashless garage, only repair invoice)

*Stamp required in case of company registered vehicle

Documents Required for Theft Claims

  • Claim Form duly signed*
  • RC copy of the vehicle with all original keys
  • Driving License copy
  • Policy copy
  • Original FIR copy
  • Original Estimate
  • RTO transfer papers duly signed along with Form 28, 29, 30 and Form 35 (if hypothecated). Form 28 is needed in triplicate, Form 29 and 30 are needed in duplicate.
  • Final report – A No Trace report from the police saying that the vehicle cannot be located

*Stamp required in case of company registered vehicle

Documents Required for Third Party Claims

  • Claim Form duly signed*
  • Police FIR copy
  • Driving License copy
  • Policy copy (First two pages)
  • RC copy of the vehicle

*Stamp required in case of company registered vehicle

Common queries about Two Wheeler Insurance (FAQs)

  • GENERAL
  • COVER
  • PREMIUM
  • CLAIMS
  • POLICY

What are the benefits of buying Two Wheeler Insurance online?

When you buy Two Wheeler Insurance online, you get an instant policy, as there is no documentation or paperwork involved. In addition, you have the advantage of choosing from multiple payment options e.g. Credit Card (Visa, Master Amex card), Net banking, Debit Card etc.

What is Long Term Two wheeler Insurance (LTTW)?

The Insurance Regulatory and Development Authority of India (IRDAI) has introduced a long-term insurance policy for two-wheelers.

This means that you don’t have to renew your two-wheeler insurance policy every year. Instead, you can opt for long term two-wheeler insurance policy that is valid for three years. What’s more, by opting for long-term insurance, you are immune to the revision of Third Party Rates every year, resulting in significant savings.

Is it mandatory to insure my Two wheeler as per law?

Under the Motor Vehicle Act, third party two wheeler insurance is mandatory for every vehicle on the road. Third Party Liability covers:

•Legal liability due to permanent injury and/or death of a third party due to accident

• Legal liability due to damage to a third party’s property

What is the penalty that I may have to incur in case my two wheeler is uninsured?

As per Section 197 of the Motor Vehicle Act, 1988, driving without insurance will lead to a fine of up to `2000 or imprisonment for up to 3 months or both.

Can I renew my Two-wheeler Insurance policy online

Yes, you can renew your Two-wheeler Insurance policy online, starting 60 days before expiry of your existing policy. In case your vehicle insurance policy has already expired, our authorised surveyor will inspect the vehicle, before policy issuance. The two-wheeler insurance policy would only be issued subject to a satisfactory inspection and submission of the required documents.

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What are the events covered in ICICI Lombard Two Wheeler Insurance policy?

The ICICI Lombard Two Wheeler Insurance policy is a package vehicle insurance cover, which offers you coverage for:

• Any Loss or damage to your vehicle
• Third Party Liability
• Any permanent injury / death to a person caused by your insured vehicle
• Any damage caused to the property other than property belonging to the insured or held in trust or in custody or control of insured by your vehicle
• A Personal Accident Cover for the owner-driver of the vehicle while he is driving

In case of loss or damage to the vehicle or the accessories insured, we provide coverage if the accident occurs due to the following hazards:

• Fire, explosion, self-ignition or lightning
• Burglary, housebreaking or theft
• Riot and strike
• Earthquake (fire and shock damage)
• Flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost
• Accident by external means
• Malicious act
• Terrorist activity
• Whilst in transit by road, rail, inland-waterway, lift, elevator or air
• Landslide and rockslide

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What is Personal Accident Insurance cover?

Personal Accident Insurance covers death or disability caused due an unfortunate accident. The motor insurance policy essentially has a Personal Accident cover for the owner-driver, as per tariff, for which no extra premium is to be paid. For a person other than the owner and driver, the Personal Accident cover has to be purchased separately by paying an additional premium. The amount paid as compensation depends upon the extent of cover opted for.

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What are the types of events or losses not covered under this policy?

The following events or losses are not covered in this policy:

• Mechanical/ Electrical breakdown
• Wear and tear, ageing of vehicle
• Consequential loss*
• Depreciation
• Deliberate accidental loss
• Intoxicated driving
• Any contractual liability
• Damage to/ by a person driving any vehicles or cars without a valid license

* Consequential loss is an indirect loss, which is not directly resulting out of a loss event, but arising as a consequence of loss event. For example, Mr. Singh was on his way to office for an important meeting with client. Unfortunately, his vehicle met with a road accident resulting in damages to vehicle and it consumed lot of his time. Due to this, he could not attend the meeting resulting in loss of approximately `15 lakhs. Damages to vehicle due to the accident are covered however, but the loss of `15 lakhs is consequential and hence not covered.

For details, please refer to our two-wheeler Policy Wordings.

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What is Third Party Liability cover? Is it covered?

Third Party Liability insurance covers losses to a third person who is not a party to the insurance contract. The Motor Third Party insurance covers the following losses:

  • Any permanent injury / death to a person caused by your vehicle
  • Any damage caused to the property (excluding vehicle) of some other individual by your insured vehicle

Liability is covered for an unlimited amount in respect of death or injury. Any damage to third party property is covered upto `1 lakh in case of two-wheelers.

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What are the different modes of payment on icicilombard.com?

You can choose between 6 payment options to pay your premium online:

  • Credit Card – Make secure premium payment with your VISA, Master and AMEX card.
  • Net Banking - Transfer the premium amount online through ICICI Bank and 13 other selected Banks
  • Debit Card – Just enter your Citibank, HDFC Bank, ICICI Bank or any of the other 7 approved bank’s Debit Card details to pay your insurance premium directly
  • Cash Card - Use your Done or ITZ Card to make the payment online
  • Cheque/ Demand Draft: You can send a Cheque/ Demand Draft by courier to our office address
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What are the factors affecting the premium amount?

The premium payable for your vehicle depends on the following factors:
  • Cubic capacity of the engine
  • Age of vehicle
  • Geographical Zone
  • Type of Model
  • IDV (Insured declared Value)
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    What is ARAI?

    ARAI stands for Automotive Research Association of India. If you have installed an ARAI approved anti-theft device in your vehicle, whose installation is dully certified by the agency, you can get a discount of 2.5% on the OD (Own Damage) premium, subject to maximum of ` 500.

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    When should I report to the police?

    Incidents such as ‘Third Party Property Damage’, ‘Bodily Injury to Self or Third Party’ or ‘Theft’ should be reported to the nearest police station as early as possible, under whose jurisdiction the incident has occurred.

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    Can I ask for some advance in case the repair charges are very high?

    We offer cashless claim services where the repair charges are directly paid to the garage, if your vehicle is repaired in a garage falling within our network. However, if the vehicle is repaired in a garage not falling in our network, you have to pay the repairing charges to the garage and we will reimburse the amount to you, as per our non-cashless claim services.

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    What is Cashless Claim and Non-cashless/ Reimbursement claim?

    Cashless Claim - In cashless claim facility, the repair charges of the vehicle are directly paid to the garage by us, provided the vehicle is repaired in our garage network.

    Non-cashless/ Reimbursement - If the vehicle is repaired in a garage outside the purview of our network, then you will be liable to pay the repair charges of the garage. You can get your claim amount reimbursed by submitting the original bills and payment receipts to our office.

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    How do I register my claim?

    • Contact our Toll Free Helpline 1800 2666 to register your claim and get a claim number/ reference number. You can also directly register your claim online*, with our Lodge A Motor Claim service.
    • * Please note that as of now, only accidental damage claims can be processed through the 'Lodge A Motor Claim' interface
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    What is an endorsement?

    An endorsement is a written evidence of an agreed change in the policy. It is a document that incorporates changes in the terms of the policy. An endorsement can be of two types, i.e. Premium bearing and Non-premium bearing.

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    What is a non-premium bearing endorsement?

    A non-premium bearing endorsement is the endorsement for which you are not charged any additional premium. For example, Rectification in your contact details, Rectification in engine/ chassis number, Addition of hypothecation, etc.

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    What is a premium bearing endorsement?

    A premium bearing endorsement is the endorsement for which additional premium is charged. For example, Transfer of ownership, Addition of LPG/ CNG kit, Change of RTO location, etc.

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    How do I take a print of my policy?

    In case you have purchased your policy online through icicilombard.com then you can print your policy from the ‘My policy’ section of your 'My Insurance Account' by logging in. Alternatively, you can just click here to take a print of your policy.

    In case you have purchased your policy through our Branch/Agent, then you need to click here to search for your policy. Create your 'My Insurance Account', and then take a print out of your policy.

    Listen to our customers

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    “Fine service and feed back is good online renewal must be made easy. ”

    E Prakash - Chennai - Employee, SBI

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    “Earlier, I used to renew my bike insurance policy through cash payment, however due to demonetisation I am out of cash and my two wheeler po... ”

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    Divyansh Khurana - Sales Manager Jaipur

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    “I Varun Mahajan, renewed my two wheeler insurance policy from ICICI Lombard. The most excellent thing is that you people remind me just in t... ”

    Varun Mahajan – Student, New Delhi

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    “Very good and professional service as always from ICICI Lombard. I am pleased with my two wheeler insurance policy coverage and online buyin... ”

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    “The team handled my renewal query and process very smoothly. They also convinced me to go for a personal cover policy which I am happy to op... ”

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