Make a Claim

Services

Solution Center

Our Product

Bike Insurance

Cover your bikes and scooters from accidents, theft, fire, and sudden repair expenses with trusted insurance protection.

Know What It Is?

What Does Bike Insurance Mean?

Bike insurance is an agreement between a two-wheeler owner and an insurance provider that offers financial protection from damages or losses resulting from accidents, theft, natural calamities, and other unexpected events. By paying regular premiums, the insurer covers repair charges, medical expenses, and legal liabilities as specified within the terms of the policy.

Team Image
Choose What Works for Your Vehicle

Types of Bike Insurance Policies You Can Buy

When buying bike insurance, it’s important to understand the types of coverage available. Each policy offers a different level of protection for your two-wheeler and on-road safety.

insurance broker software

Third-party Liability Cover

Mandatory cover for injuries or property damage caused to others by your bike.

insurance broker software

Comprehensive Cover

Covers third-party liabilities and damages to your own bike, including theft and fire.

insurance broker software

Own Damage (OD) Cover

Protects your bike from accidents, theft, fire, and natural calamities.

insurance broker software

Add-ons Cover

Zero Depreciation, Engine Protection, Roadside Assistance, Return to Invoice, etc.

Key Features & Benefits

Why Choose Shreshta for Your Bike Insurance?

Ride worry-free with Shreshta’s trusted coverage, quick service, and road protection support.

Cashless two-wheeler repairs

Quick damage claims

Theft and fire cover

Rider personal accident cover

Popular add-on options

Steps to File a Claim

How to File a Bike Insurance Claim

We’re here to help you get back on the road quickly with a simple, transparent, and hassle-free claim process.

Inform the Insurer Immediately

Notify the insurer about the accident, damage, or theft of your bike at the earliest.

Submit Documents & FIR

Submit the claim form, bike documents, policy papers, and FIR copy if applicable.

Get Bike Inspected & Settled

The insurer inspects the bike and processes the claim for repair or settlement as per policy terms.

Got Questions?

Frequently Asked Questions About Bike Insurance

Have doubts about bike insurance? We’ve got all the answers. Explore essential questions about policy types, mandatory requirements, renewals, claims, and benefits to make confident decisions and ride worry-free.

Yes. As per the Motor Vehicles Act, it is compulsory for every two-wheeler to have at least a valid Third-Party Liability Insurance policy. Without it, riding is illegal and can lead to fines, penalties, or legal action. Comprehensive insurance, although optional, provides broader protection for your own bike as well.

IDV (Insured Declared Value) represents the current market value of your bike. It determines the maximum amount the insurer will pay in case of total loss or theft. A higher IDV means better coverage but a slightly higher premium, while a lower IDV reduces the premium but also lowers the claim payout.

Most bike insurance policies are valid for one year. However, insurers also offer long-term plans ranging from two to three years. Long-term policies help you avoid annual renewals and protect you from penalties due to accidental lapses in coverage.

Yes. When you sell your bike, the insurance policy must be transferred to the new owner. You need to submit a policy transfer request along with the RC transfer documents, sale agreement, and the insurer’s required forms. Your No Claim Bonus (NCB) stays with you and does not transfer.

NCB is a reward given by insurers for not filing any claims during the policy year. It provides a discount of up to 50% on your next renewal premium. The benefit accumulates every claim-free year and can be retained even if you switch insurers.

If your policy expires, your bike immediately loses insurance protection and you also lose accumulated NCB benefits. Riding without valid insurance is illegal. After a long lapse, the insurer may need to inspect your two-wheeler before renewing the policy, which could delay activation.
POSP
Buy Here