TATA AIG Standalone Own Damage Bike Insurance

Starting at only ₹1.5 per Day*

Two wheeler Insurance banner image
Enter your details to buy Bike Insurance
By proceeding you agree to Terms & Conditions
Proceed without two wheeler number
  • compare buy
    Compare and buy at best price
  • instant policy
    Instant Policy Issuance
  • no unwanted calls
    No unwanted calls. We promise!

TATA AIG Two Wheeler Insurance Highlights

TATA AIG (Two Wheeler Insurance)
Tata AIG General Insurance Company Limited is a joint venture between the Tata Group and the American International Group (AIG). Tata AIG General Insurance Company Limited celebrated 20 years of service as on 2020, since it commenced operations on January 22, 2001. The company has made a mark in the industry by launching several innovative products and services over the years.
Claim Settlement Ratio
Video Claim

When your bike gets damaged in an accident, you must pay a considerable sum for the repairs and replacements to make its look and functionality alright. As you see, this may affect your savings significantly. However, if you insure your two-wheeler with a standalone cover, you may wash away all the tensions regarding the payments for its repair. TATA AIG standalone two-wheeler insurance policy supports you financially when your bike causes damage to itself during an accident. You also can purchase various add-on covers with this bike insurance policy for additional protection options.

How does TATA AIG Standalone Own Damage Two Wheeler Insurance Policy Work?

With TATA AIG Standalone bike insurance, you will get financially covered if your bike incurs damages in an accident or becomes a 'total loss' scenario due to theft/irreversible complete damage.

When you choose standalone of TATA AIG bike insurance, you also get the benefit of buying add-ons that add layers to the protection of your bike. The standalone OD policy include protection when:

  • External factors cause accidental damage.
  • Damage occurs due to breaking & entering or theft.
  • A total loss in an accident.
  • There is damage due to fire from an explosion, an implosion, self-ignition, lightning, etc.
  • There is the loss in an earthquake, landslide, rockslide, floods, etc.
  • There is damage during transport of your bike by rail, road, waterways, or air
  • Man-made disasters like riots, strikes, terrorist attacks, malicious actions, etc.

TATA AIG Standalone Own Damage Two Wheeler Insurance Vs. Third Party Two Wheeler Insurance Vs. Comprehensive Two Wheeler Insurance

DifferencesThird Party Bike InsuranceStandalone OD Bike InsuranceComprehensive Bike Insurance
CoverageLimited to third-party  liabilities only.Covers own damage to the insured bike only.Complete coverage including own damage as well as third-party liabilities.
NecessityMandatory to buy as per Motor Vehicles Act.Optional to buy this policy.Optional to buy this policy.
PremiumLow premium as the coverage is pretty basic.High premium as compared to liability only policy.Expensive premium due to wider coverage.
Add-onsNo add-ons can be added.Add-ons can be included.Add-ons can be included.

What is All Covered Under TATA AIG Standalone Own Damage Two Wheeler Insurance Policy?

  • Accidental damages
  • Fire damages due to an explosion, etc.
  • Theft
  • Damages via natural calamities like floods, earthquakes, etc.
  • Damages via man-made disasters like riots, strikes, etc.

What All is not Covered Under TATA AIG Standalone Own Damage Two Wheeler Insurance Policy?

  • Third- party liabilities
  • Depreciation losses
  • Breakdowns (electrical/mechanical)
  • If the rider is drunk during the accident
  • Damages due to nuclear wars etc.
  • If the rider doesn't have a licence or policy

TATA AIG Standalone Own Damage Two Wheeler Insurance Benefits

  • It covers financial losses resulting from accidental damage to your bike.
  • Covers total economic losses in cases of theft, etc.
  • It covers financial losses arising from fires due to explosions that damage your bike.
  • Covers losses due to bike damage (partial/complete) due to natural events like floods, earthquakes, etc.
  • Covers losses that may happen during transit of your bike.

TATA AIG Standalone Own Damage Two Wheeler Insurance Review

With TATA AIG, you don’t have to worry at all. The company ensures hassle-free insurance journey via its huge network of cashless garages, instant policy issuance, smooth claim settlement process, supportive staff, etc. 

TATA AIG Standalone Bike Insurance FAQs

  • 1. Is TATA AIG's own damage bike insurance mandatory for my bike?

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

  • 2. Can I buy add-ons with my TATA AIG own damage insurance?

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

  • 3. What is the policy term for TATA AIG own damage bike insurance?

    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.

  • 4. Can I file a claim for my TATA AIG standalone two-wheeler insurance online?

    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.
  • 5. How is TATA AIG standalone own damage bike insurance premium calculated?

    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.

Recent Articles

View All

It's All About Selecting No-claim Bonus (NCB) During Bike In...

Select the appropriate no-claim bonus percentage while renewing your bike insurance policy and save significan...

Read More

Renewal of IFFCO-Tokio Two-wheeler Insurance Online: A Compr...

Renewing your two-wheeler insurance online is easier, faster, and simple and doesn't require paperwork. Follow...

Read More

Steps to Claim Reliance Bike Insurance

It's a big relief if you have someone who will cover all your financial losses that may incur in the future du...

Read More

Steps to Claim Bike Insurance at HDFC Ergo

All bike insurance policyholders expect an easy and hassle-free claiming facility from their bike insurance co...

Read More

Off-road Bike Insurance: All You Need to Know

Youngsters in India are very adventurous and love to do off-road riding. It is always advisable to purchase bi...

Read More

Different Types of Bike Insurance and Its Variants

What are the different variants of bike insurance available at the moment? Read on to find out the various typ...

Read More

Bike Insurance: Should You Buy It from Bike Dealers?

Do you need to buy insurance from a bike dealer? Is it mandatory? The answer may surprise you. Read more to de...

Read More

Everything You Need to Know About Acko Bike Insurance Before...

Acko bike insurance provides two bike insurance policies considering your requirements. They offer mainly thir...

Read More

Bike Insurance Premium for 125cc Engine

Bike insurance varies because of many factors, and one among them is bike capacity. Know the insurance policy ...

Read More