Starting at only ₹1.5 per Day*

Starting at only ₹1.5 per Day*
The Motor Vehicles Tariff of India mandates that every bike owner should compulsorily have bike insurance. The bike insurance majorly consists of three types- third party bike insurance, standalone own damage bike insurance and comprehensive bike insurance. However, comprehensive bike insurance is a better option as it provides widespread coverage to the policyholders.
DHFL General Insurance Limited comprehensive bike insurance insures against third-party liabilities involving the insured bike while also covering the insured bike's own damages like heavy repair and replacement expenses.
Suppose you meet an accident that causes some damage to third-party property and to an insured bike. In that case, the comprehensive policy of DHFL two-wheeler insurance will cover you financially for third-party liabilities and the damages caused to the insured two-wheeler. Third-party liabilities include third-party property damage, bodily injuries, and the death of third persons. In addition, this policy will also cover the cost of repairing the damaged parts of the insured bike and also the charges for replacing spare parts.
Basis of Comparison | Third Party Bike Insurance | Comprehensive Bike Insurance |
Coverage | Only financial and legal liabilities faced by third parties are compensated under the third-party bike insurance policy. | Two-wheeler comprehensive insurance provides protection against both third-party liabilities and the damages caused to the insured bike. |
Requirement | It is mandatory to have a third-party bike insurance policy according to the Indian Motor Tariff Act (1988). | Comprehensive two-wheeler insurance is not a mandatory policy. Bike owners can purchase it depending on their preferences. |
Add-ons | No add-on covers are available under third-party insurance. | A variety of add-on covers are available. |
Premium cost | Policyholders need to pay a relatively cheaper amount as a premium. | It is costlier in comparison to third-party insurance because of its extensive coverage. |
DHFL General Insurance Limited comprehensive bike insurance policy is an extraordinarily suitable and affordable choice for bike owners. The buying procedure is hassle-free and also a quick one. The transaction is made transparently. The company's customer service is very responsive and guides the policyholders at every step.
To customise your insurance policy, you can:
Yes, one can avail following discounts under the policy:
If you opt for a long-term policy, you can get a discount on the premium
Yes, the policy covers damage received on transit by air, waterway, elevator, lift, and road.
The insurer will directly pay the repairing cost to the garage when the insured vehicle is repaired in any garages registered with DHFL General Insurance. Hence, cashless claim is available for bikes insured with DHFL General Insurance Limited comprehensive bike insurance.
The various factors that go into deciding the premium amount of the insurance policy depend on the vehicle's IDV, engine capacity, driving transit location, add-on opted, policy type and RTO zone.
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