TATA AIG Bike Insurance FAQs

1. A policy which covers the damages caused to the two-wheeler arising from the event of an accident or natural /manmade disasters or the financial loss in case of theft or burglary comprises a two-wheeler policy. You have the option to choose either a comprehensive two-wheeler policy which covers third-party liabilities as well as own damages. On the other hand, you can also go with Liability only policy, also known as Third-Party Insurance, covering only third party liabilities (which is mandated by the Indian Government).

IDV is the sum based on which the insurance policy is issued. It is the selling price of the two-wheeler as listed by the manufacturer and is the sum insured of the policy. The value of the bike decreases with the depreciation of the two-wheeler so, the sum insured is not the same for the whole life span of the two-wheeler.

The value of the two-wheeler and its parts decreases with the passage of time and regular wear and tear. This is known as Depreciation. Depreciation slabs are pre declared by TATA AIG in their policy document for the easy reference of the customers.

Tata AIG provides a premium calculator on its website for you to easily get an approximate premium value for the two-wheeler policy of your choice.

Yes, making alterations during your TATA AIG two-wheeler insurance renewal is possible. However, all you can do is enhance your coverage by buying the available add-ons. Also, you may change your policy at the time of renewal.

You can transfer your NCB to your new TATA AIG bike insurance policy from a previous insurance provider. The benefits will be similar, a drop in your premium for the next year of coverage.

During your TATA AIG two-wheeler insurance renewal, you must provide your Email ID, fixed-line number, product name, expiry date, policy number, and mobile number.

During the TATA AIG two-wheeler renewal, you may upgrade your bike insurance policy from short-term to long-term.

If you go for the TATA AIG bike insurance renewal offline, the company will send you your renewed bike insurance policy hard copy. They will send it to your residential address through courier within a few days after paying the premium amount.

You can pay for a TATA AIG two-wheeler insurance renewal using your debit card, net banking, credit card, etc. In short, TATA AIG accepts any form of payment that is conventional.

You can make the transaction using these payment methods through TATA AIG’s IVR. There is also a provision for cheque collection that you can choose.

Yes. It is a significant criterion that ensures the settlement of your claim.

The TATA AIG surveyor inspects your bike etc., to ascertain the severity of damage to your bike after the incident. The surveyor's report principally decides whether you get a claim settlement.

Yes, TATA AIG requires you to carry your DL when filing your claim.

Don't waste time. The sooner, the better! You must make sure that you get in touch with TATA AIG within 24 hours of the incident.

Go to TATA AIG's official website. Then, click on the "Claim" option & fill in the CRN (Claim Registration Number) & your policy number. When you select "Proceed," you will see the status of your claim. 

You can download the TATA AIG two-wheeler insurance policy copy for every policy. Every policy sold is an agreement between you and TATA AIG, and every deal has its T&C, so there has to be an accompanying agreement. Whether you wish to go for the TATA AIG Comprehensive/Standalone/Third Party Bike Insurance, you should download the TATA AIG two-wheeler insurance policy copy.

It is not compulsory to have a TATA AIG two-wheeler insurance copy download! However, it is always advisable to go through any insurance you purchase a policy document. You may discover something to your advantage that you failed to notice earlier. Either way, you will know your rights and liabilities properly if you read the TATA AIG two-wheeler insurance policy download.

It is not compulsory to carry the TATA AIG bike insurance copy download document! You can easily have the e-Vahan Bima app on your android phone that is more than sufficient for any verification by any level of authority.

Yes, do need to submit the TATA AIG bike insurance policy document during or for these situations.

Yes, an ordinary printout of the TATA AIG bike policy download is suitable for every purpose imaginable. It is way more convenient to carry the soft copy if you must.

You can buy all the available add-ons that are offered at TATA AIG. There is no upper limit whatsoever. You can buy the TATA AIG bike insurance add-ons online.

No additional documents are needed to get an add-on for your bike. You just have to select the add-on and pay the premium for it. You can easily get the TATA AIG bike insurance add-on covers online.

Not much! When you buy TATA AIG two wheeler insurance add-on covers online only make sure to check its features, coverage, & premium.

You should buy the TATA AIG two wheeler insurance add-on covers simply to enrich your protection! These add-ons give you that extra peace of mind when you know that you are protected from all the significant corners.

Nothing regarding the TATA AIG add-ons is compulsory. You should extend your add-on coverage every year because you need them & not because you must. 

Yes, this add-on cover can be added to the comprehensive policy. It safeguards against any deduction from the assured sum due to depreciation with time. However, it applies only to the first two claims for a bike.

Yes. Old bikes are more prone to damage and accidents. Moreover, the premium for the insurance will be less because the bike’s value is lesser.

The best time to buy the policy is at the time of purchasing the bike or at the time of policy renewal.

You will have to bear any & all expenses associated with any damage to the bike & injury/fatality due to accident, etc. 

You can file a claim for the TATA AIG comprehensive two-wheeler insurance online. To file a claim, visit our claims page on our website –

1. Click 'Initiate Claim.'
2. Log in with your mobile number.
3. File a claim.

To know the status of an earlier claim, click ‘Track Claim.’

Bike modifications affect the insurance both ways. Installation of anti-theft measures reduces the premium, while additions that make it theft-prone (LED, alloy wheels, etc.) entail a hike. When you sell your bike, you will also have to transfer the insurance. 

No. The advantage of the zero depreciation add-on can’t be clubbed with TATA AIG two-wheeler third- party insurance.

The claim process includes:

• You must have photos/videos of the third-party bike/property damage.
• You must have noted the credentials & contact information of the third party individual/s and eyewitnesses.
•  You must inform TATA AIG. Then, you have to make an FIR at the police station in whose jurisdiction the accident took place.
• You will have to make a plea petition at the Tribunal Court for the Motor Accidents Claim with all the necessary documents.
• You need to apprise TATA AIG of the Court's verdict. It will determine the compensation accordingly. 

Yes. Even if someone other than the owner is riding the bike at the time of accident, the third-party liabilities are still covered.

Yes. Even if the accident with your insured bike takes place in some other state, TATA AIG third-party bike insurance covers the third-party liabilities.

No. It is enough only to cover third-party liabilities & to adhere to the Motor Vehicles Act, 1988 mandate. It would be best to have TATA AIG comprehensive bike insurance for complete protection. 

No, you cannot combine the TATA AIG two-wheeler zero dep insurance with the TATA AIG third-party insurance policy.

The TATA AIG zero dep cover increases your coverage and makes you immune to the decrease in IDV with time. Hence, helps in getting a full claim amount from the insurer.

Though it is beneficial to all bikers, the zero dep cover is highly recommended for new bikes, new riders, luxury bike owners, etc.

Yes. In fact, it is the best and the easiest way to do it.

No, the normal wear and tear of bike tyres do not come under the TATA AIG zero dep cover. 

No. A standalone own damage bike insurance is not mandatory, but it is worth buying with your existing third-party policy.

Yes. Unlike third-party insurance, you can buy add-on coverage with TATA AIG own damage bike insurance to enhance the protection of your

Usually your TATA AIG own damage bike insurance policy term is 1 year. But you also have the option to go for long-term policies like 2 or 3 years.

You can file a claim for TATA AIG two-wheeler standalone insurance online.

• For that, visit the bike insurance page on the website. Go to the ‘Claims’ section and follow the easy procedure. According to the process, you will need to provide the details of the damage to your bike.
• Alternatively, as soon as your bike meets with an accident, etc., you can get in touch with the insurer by calling or emailing them
• Finally, you may choose between a cashless claim or getting reimbursed. In the former, you may decide to get your bike repaired at any cashless garage which is always more accessible than the latter.

The parameters upon which to calculate the premium of own damage Insurance of your bike include its Insured Declared Value (IDV), purchase year, add-ons, policy type, geographical location, etc.