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New India Own Damage Bike Insurance
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Select your bike brand
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- New Delhi
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New India Standalone Own-Damage Two-Wheeler Insurance Policy
Standalone own-damage two-wheeler insurance offers coverage for own-damage costs in the event of a mishap. Purchasing this type of cover along with compulsory third party insurance is a prudent choice as it provides holistic protection from a wide variety of situations. Moreover, the New India standalone own-damage two-wheeler insurance’s compensation gives the policyholder peace of mind in the face of the constant uncertainties and risks that come with riding a two-wheeler.
Standalone Own-Damage Insurance V/S Third Party Insurance V/S Comprehensive Insurance
Basis | New India Third Party Two-Wheeler Insurance | New India Standalone Own-Damage Two-Wheeler Insurance | New India Comprehensive Two-Wheeler Insurance |
Coverage | New India third party two-wheeler insurance will provide coverage for third party liabilities. This includes bodily injury, death and property damage. The maximum compensation for property damage under this cover is Rs 1 Lakh. | New India standalone damage covers provide compensation for own-damage costs in a considerable number of scenarios including cases of theft, vandalism, fires, explosions and any damage caused by a natural or man made calamity. | New India comprehensive two-wheeler insurance plans offer holistic protection by covering both own-damage costs and third party liabilities. Moreover, you can purchase a personal accident cover for additional protection. |
Add-ons | New India third party insurance for two-wheelers does not offer add-on covers with their third party car insurance. | New India standalone own-damage covers for two-wheelers offer a variety of add-on covers along with their standalone own-damage covers. | New India comprehensive plans for two-wheelers also offers several add-on covers along with their comprehensive car insurance plans. |
Cost | New India’s third party two-wheeler insurance is the most basic insurance the company provides and hence is also the least costly. | New India’s standalone own-damage two-wheeler insurance offers wider coverage than third party insurance and hence is relatively costlier than it. | New India’s comprehensive insurance two-wheeler plans provide all-round protection and the most coverage and hence is the most expensive option of the three. |
What is Covered Under New India Standalone Own-Damage Two-Wheeler Insurance Policy?
Following are the aspects covered by New India standalone own-damage two-wheeler insurance:
- Accidents that occur due to collisions on the road and damage the two-wheeler.
- Damage caused to the two-wheeler due to fires, explosions or cases of vandalism.
- Theft of the two-wheeler and cases of total damage.
- Damage caused to the two-wheeler in the event of a natural or man-made calamity.
What is Not Covered Under New India Standalone Own-Damage Two-Wheeler Insurance Policy?
Following are the aspects not covered by New India standalone own-damage two-wheeler insurance:
- Electrical or mechanical breakdowns of the two-wheeler.
- Illegal riding or misuse of the two-wheeler that causes damage.
- Natural wear and tear of the two-wheeler.
- Mishaps that damage the two-wheeler but occur outside the geographical limitations of the policy.
Benefits of New India Standalone Own-Damage Two-Wheeler Insurance Policy
Following are the benefits of purchasing a New India Standalone own-damage two-wheeler insurance:
- Provides a layer of protection for the rider against the numerous perils of riding a two-wheeler and thus also provides peace of mind from such uncertainties.
- For every claim-free year, the insurance provider offers its customers a reward for their good riding habits.
- Along with the standalone own damage two-wheeler insurance, the cover offers a wide range of add-on covers. Though they come at an additional cost they provide much more enhanced protection.
How To Purchase New India Standalone Own-Damage Two-Wheeler Insurance Policy?
Following are the steps you can take to purchase a New India standalone own-damage two-wheeler insurance policy:
Step 1: Visit the website InsuranceDekho and select ‘Two-Wheeler Insurance’. It is the second option from the top left corner of the screen. Next, a drop-down menu will appear, select the ‘Standalone Own Damage’ option from it to continue.
Step 2: Provide the registration number of the two-wheeler. If you do not have the registration number there is an option to enter other detail of the two-wheeler eg. model, make and date of registration.
Step 3: Enter your personal details, i.e., your name and phone number and select the button ‘Submit and Get Quotes’ to get to the next page.
Step 4: All the quotes for standalone own-damage two-wheeler insurance will be on your screen. Select the one offered by New India and choose any add-ons that you think would be suited to your needs.
Step 5: Pay for the select New India standalone own-damage two-wheeler insurance and the policy document will be sent to your registered email ID.
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