2 Wheeler
Tailored insurance plans for you
What Is Two Wheeler Insurance?
Two-wheeler insurance is a type of insurance policy that provides financial protection for motorcycles and scooters against unforeseen events such as accidents, theft, fire, and natural disasters. It also covers legal liabilities arising from injury or damage caused to a third party.
In India, as per the Motor Vehicles Act, having at least third-party two-wheeler insurance is mandatory to legally ride a bike or scooter on public roads. A comprehensive two-wheeler insurance policy goes a step further by covering damage to your own vehicle along with third-party liabilities, ensuring complete protection and peace of mind while riding.
KEY FEATURES OF ONLINE Two Wheeler INSURANCE
Get your car insurance policy immediately online without any paperwork or delays, so you can drive with peace of mind from day one.
Pay your premiums securely using multiple options like credit/debit cards, net banking, or UPI, making the process fast and convenient.
Renew your policy online in just a few minutes, avoiding long queues and ensuring continuous protection for your vehicle.
Enhance your policy with optional covers such as zero depreciation, engine protection, roadside assistance
Access round-the-clock assistance for filing claims, accident support, and emergency services, ensuring quick and stress-free settlement.
Clearly view all terms, coverage, exclusions, and benefits before purchasing, so you make informed decisions.
How To Buy Two Wheeler Insurance Online
Step 1: Enter Your Car Details
Fill in your car information on the Quickinsure website. You can provide just your car number or add details like make, model, RTO, NCB, and manufacturing year for more accurate quotes.
Step 2: Compare the Best Quotes
Based on the details provided, Quickinsure will show you the top car insurance plans from leading insurance companies in India. You can compare premiums, benefits, and add-on options to select the plan that best suits your needs.
Step 3: Make Payment and Get Policy
Pay your premium online securely through Quickinsure. Once payment is completed, your insurance policy is delivered instantly to your email, so you’re protected without any delays.
Step 4 (Optional): Add Extra Coverage
Enhance your policy with optional add-ons like zero depreciation, engine protection, roadside assistance, and return-to-invoice cover for complete protection.
Types Of Two Wheeler Insurance In India
When buying car insurance online with Vaishnavi Insurance, you can choose from different types of policies depending on your needs and budget. Here’s a detailed look at the main options:
Comprehensive two-wheeler insurance offers all-round protection by covering both third-party liabilities and damage to your own bike or scooter.
Third-party two-wheeler insurance covers legal liabilities arising from injury, death, or property damage caused to a third party during an accident.
Standalone own damage insurance covers damage to your own two-wheeler caused by accidents, theft, fire, vandalism, or natural disasters.
Two-Wheeler Insurance Add-Ons
Zero Depreciation Cover
Also known as Nil Depreciation or Bumper-to-Bumper Cover, this add-on ensures that no depreciation is deducted from the claim amount at the time of settlement. Normally, a standard policy pays only the depreciated value of parts, but with zero depreciation cover, you receive full coverage regardless of depreciation. Most insurers offer this add-on for two-wheelers up to three years old.
What Is Covered in Two-Wheeler Insurance Policies?
A standard two-wheeler insurance policy with Vaishnavi Insurance generally covers:
Damage or loss to the two-wheeler due to accidents
Theft of the two-wheeler
Damage caused by accidental fire or explosion
Losses arising from natural calamities such as floods, cyclones, earthquakes, etc.
Personal accident cover for the owner/driver
Third-party liabilities, including damage to another vehicle or property
What Is Not Covered in Two-Wheeler Insurance Policies?
The following situations are not covered under standard two-wheeler insurance:
Damage or loss caused due to war, riots, or similar situations
Accidents occurring while riding under the influence of alcohol or drugs
Damage when riding without a valid driving license
Losses occurring when the insurance policy is expired or inactive
Regular wear and tear or mechanical breakdown
Difference Between Comprehensive and Third-Party Two-Wheeler Insurance
| Coverage | Third-Party Insurance | Comprehensive (Package) Insurance |
|---|---|---|
| Damage to Third-Party Vehicle | ✔️ | ✔️ |
| Damage to Third-Party Property | ✔️ | ✔️ |
| Personal Accident Cover (Optional) | ✔️ | ✔️ |
| Injury/Death of Third-Party Person | ✔️ | ✔️ |
| Damage/Loss to Own Bike due to Natural Calamities | ❌ | ✔️ |
| Damage/Loss to Own Bike due to Fire | ❌ | ✔️ |
| Damage/Loss to Own Bike due to Accident | ❌ | ✔️ |
| Theft of Your Bike | ❌ | ✔️ |
| IDV Customization | ❌ | ✔️ |
| Coverage Against Depreciation | ❌ | ❌ |
| Extra Protection with Custom Add-Ons | ❌ | ❌ |
Advantages
Advantages of VAISHNAVI INSURANCE
Trusted Expertise
Our experienced team provides professional guidance, ensuring you choose the right insurance plan for your needs.
Comprehensive Coverage
We offer a wide range of insurance solutions — life, health, motor, home, and business — to protect every aspect of your life.
Customer-Focused Service
We prioritize your peace of mind with personalized support, transparent advice, and prompt assistance.
Reliable Partnerships
Collaborating with leading insurance providers, we bring you trusted, high-quality coverage and benefits.
What Are Some Important Tips to Choose the Best Two-Wheeler Insurance Policy?
When buying a two-wheeler insurance policy, factors such as mileage, engine capacity, fuel efficiency, and usage play a role. However, choosing the right insurance policy requires considering several other important aspects to ensure complete protection and value for money.
Below are some key tips to help you select the best two-wheeler insurance policy with Vaishnavi Insurance:
1. Understand the Policy Coverage
Before purchasing a two-wheeler insurance policy, carefully review what is covered and what is not. Check if the policy includes benefits such as roadside assistance, personal accident cover, and protection against natural calamities. A policy with wider coverage offers better financial security and peace of mind.
2. Know the Insured Declared Value (IDV)
IDV represents the current market value of your two-wheeler and directly affects both the premium and claim amount. A higher IDV means a higher claim payout but slightly higher premium. To maintain better value for your bike, you may opt for Zero Depreciation Cover, which reduces depreciation-related deductions during claims.
3. Compare Premium Rates Wisely
Comparing premiums from different insurance providers helps you find an affordable policy. However, do not choose a policy based on low premium alone. Always balance the premium cost with coverage benefits and IDV to ensure sufficient protection during claims.
4. Choose Suitable Add-On Covers
Add-on covers enhance the scope of your insurance policy. Options such as Zero Depreciation, Roadside Assistance, Engine Protection, and Key Protection offer extra safety. Since add-ons come at an additional cost, select only those that match your riding habits and needs.
5. Check No Claim Bonus (NCB) Benefits
If no claims are made during the policy period, you earn a No Claim Bonus (NCB), which provides discounts on renewal premiums. Higher NCB means greater savings. This benefit can also be transferred if you switch insurers.
6. Review the Claim Settlement Process
A smooth and fast claim settlement process is essential. Look for insurers with a good Claim Settlement Ratio (CSR) and low Turnaround Time (TAT). Digital claim processes with photo and video uploads make settlements quicker and hassle-free.
What Are the Benefits of Two-Wheeler Insurance?
With the increasing number of two-wheelers on Indian roads, insurance plays a vital role in protecting riders from unexpected expenses. Some key benefits of two-wheeler insurance with Vaishnavi Insurance include:
✔ Protection Against Third-Party Liabilities
Covers medical expenses, injury, death, or property damage caused to a third party during an accident.
✔ Protection Against Theft
If your two-wheeler is stolen, the insurer compensates you based on policy terms after FIR submission.
✔ Protection Against Fire
Covers losses caused by accidental fire or explosion.
✔ Protection Against Natural Calamities
Provides coverage against floods, earthquakes, cyclones, and other natural disasters.
5 Reasons Why Two-Wheeler Insurance Is Important
Legal Requirement – Third-party insurance is mandatory under the Motor Vehicles Act, 1988.
Rising Road Accidents – Helps manage repair and medical costs caused by accidents.
Natural Disaster Protection – Covers losses due to floods, fire, or earthquakes.
Third-Party Financial Safety – Protects you from heavy legal and medical liabilities.
Financial Peace of Mind – Prevents unexpected expenses and safeguards your savings.