Choosing a two-wheeler insurance plan for your vehicle is important in order to ensure proper coverage for your vehicle in addition to abiding by the law. According to the Motor Vehicle Act 1988, all vehicles in India must have a third-party liability insurance. However, this plan does not cover any damages to your vehicle or loss of your two-wheeler.

To protect your own vehicle, you must invest in a comprehensive or own damage two-wheeler insurance. Here, you can learn about the difference between comprehensive and own damage two-wheeler insurance and get an idea about which one you should opt for.

Comprehensive insurance for two-wheelers offers extensive coverage against all kind of liabilities in case of an accident or loss of vehicle.

• Damage/loss of your own vehicle due to accidents, theft, natural calamities, manmade calamities, malicious acts, etc.
• Damage to a third-party person or property due to an accident involving the insured vehicle
• Personal accident cover in case the insured rider gets injured, disabled, or dies.

You also have the option to opt for add-on covers, such as return-to-invoice cover, zero depreciation cover, and key replacement cover with a comprehensive cover.

• Damage/loss caused in an accident where the driver was intoxicated or did not posses a valid driving license
• Damage due to wear and tear of the vehicle

• Protection for your vehicle
• Peace of mind
• Cashless repairs at network garages
• Possible discounts for a comprehensive plan (own damage insurance+third-party liability insurance)

Own damage insurance for two-wheelers is purchased in addition to a third-party liability insurance, which is mandatory for every vehicle according to the law. It provides coverage for damages caused to your own vehicle or loss of your vehicle; it doesn't cover any third-party liabilities unlike third-party insurance.

• Damage/loss of your own vehicle due to accidents, theft, natural calamities, manmade calamities, malicious acts, etc.

• Damage/loss caused in an accident where the driver was intoxicated or did not posses a valid driving license
• Damage due to wear and tear of the vehicle

• Added protection for your own vehicle
• Cost-effective option for people who have an active third-party liability policy

This type of insurance policy covers all third-party liabilities as the name suggest. It is mandatory to have third-party liability policy to drive a vehicle in India.

• Injury/death of a third-party due to your vehicle
• Damage/loss to third-party property

• Any damages caused to you or your own vehicle in an accident

Now that you understand the difference between different types of coverage plans, you may wonder—comprehensive or own damage, which is better two-wheeler insurance. The answer depends on your requirements. If you already have a third-party liability insurance for your bike, for example, there is no point in purchasing a comprehensive plan. In such cases, it is advisable that you add own damage two-wheeler insurance in addition and get a comprehensive plan when both of these expire.

However, if you have recently purchased a new vehicle or your third-party liability insurance is expired, you can consider getting a comprehensive bike insurance. Make sure to check the bike insurance details in the brochure available on the website to make an informed decision. If you don’t want to go for own damage insurance, gather more information about comprehensive vs. third-party bike insurance to help you decide.

A. This depends on your personal requirements. If you have a third-party liability insurance, get an own damage insurance for your two-wheeler. However, if you don’t have coverage for third-party liability, get a comprehensive plan.

A. No. Own damage insurance plan provides coverage for damages to your own vehicle.

A. No. You must get a third-party liability cover for your vehicle to legally drive your vehicle in India, but you can add an own damage insurance policy to get coverage for your bike as well.

A. Although this depends on your personal preference, a comprehensive two-wheeler insurance is generally recommended to bike owners. This plan covers third-party liability and covers your own vehicle in case of accidental damage, etc.

A. No. If you have a comprehensive two-wheeler insurance, it already covers own damages as well.

A. You may be able to request an extension of your ongoing two-wheeler insurance plan before it expires. However, you usually get a window of 15-30 days to renew the insurance policy from the date of expiry.

A. No. It is mandatory to get a two-wheeler insurance for your bike, but you don’t necessarily need a comprehensive plan. However, it is better to get a comprehensive plan to protect your own vehicle as well.

Disclaimer: The above information is indicative in nature. For more details on the risk factor, terms and conditions, please refer to the Sales Brochure and Policy Wordings carefully before concluding a sale.