Oriental Bike Insurance FAQs

Firstly, all two wheeler owners are mandatorily required to have at least a third party two wheeler insurance cover as per Indian Motor Tariff. Moreover, a two wheeler insurance plan acts as security at the time of uncertainties of life. One can travel safely and effortlessly on the road when they are covered under a safety net. Two wheeler insurance will allow the policyholder to be ready before the uncertainty arrives.

The premium amount that policyholders need to pay during the policy period depends on several factors like, IDV of the bike, bike’s cubic capacity, registration zone, age of the vehicle, etc. Depending on these factors the insurer will decide your premium amount.

The online portal of Oriental two wheeler insurance allows the policyholder to get all the services operated at their fingertips by sitting at home. It offers a host of services such as the purchase of policy plans, renewal of plans, migration of two wheeler plans etc.

Oriental Two Wheeler Insurance offers various add-on covers through which the policyholders can stretch their coverage. The add-ons are Zero Depreciation Cover, Loss of Personal Items, Alternative Car Advantage, Emergency Service Free of Cost etc.

Yes, the two wheeler insurance policies provided by oriental insurance are designed to satisfy the needs of the customer and aim to fit perfectly in their budget. The company takes special considerations to offer budget-friendly insurance policies.

You need to purchase a third party bike insurance for the following reasons:

• It is mandatory under Indian Motor Tariff Act. If you do not purchase third party insurance, you will be penalized.
• It helps you to deal with the financial losses of the third party damage in case of an accident.

The advantages of Oriental third party two-wheeler insurance are as follows:

• Well-framed online official website to buy, claim or renew the policy.
• Round the clock Customer Assistance service.
• Swift claims registration and settlement.

No, you cannot extend the coverage of the third party two-wheeler insurance.

You can purchase an Oriental Third Party insurance policy in the following ways:

• Through their official website online
• By visiting the nearest branch
• By dialling its helpline number 1800118485 / 011-33208485 (chargeable).

You can get more information about Oriental Third Party insurance policy from its well-designed official website or by calling its official numbers 1800118485 / 011-33208485 (chargeable).

You can customize the Oriental comprehensive bike insurance by choosing the desired tenure of policy and opting for add-ons as per your preference.

The insurer provides 50% of the cost of repair or replacement if the insured bike is damaged at the same time. However, there is no coverage for the damage of tyres or tube puncture only.

The coverage period for the Oriental comprehensive bike insurance plan is 1 year. But you may choose the tenure for a shorter period as per your preference.

Oriental bike insurance offers the following discounts:

• Voluntary deductible
• Discount for anti-theft device
• No Claim Bonus can be availed if you do not make a claim during the policy period
• Automobile Association discount.

You can get the quotes from the official website of Oriental General Insurance as well as at InsuranceDekho.

Yes, the Zero Depreciation provides coverage for the plastic parts of the insured’s bike. The rate of depreciation for plastic parts without the Zero Depreciation charge is 50%, but in presence of the Zero Depreciation cover, the depreciation charge is not taken into account.

The Oriental Zero Depreciation cover comes with the following advantages:

• It helps to save significant cost on the repairs and maintenance of the insured’s bike parts.
• It ensures the full IDV amount as the claim amount.
• It provides full coverage for the cost of depreciable bike parts.

Yes, it is recommended to opt for Zero Depreciation cover for your luxury bike as it helps to prevent financial expenditure on depreciable parts of the bike.

Zero Depreciation cover will provide coverage only in the geographical area and not for any incident occurred outside the area. The Oriental comprehensive bike insurance policy with or without the Zero Depreciation add-on has a predetermined geographical limitation for each policyholder.

You can add this cover to your comprehensive bike insurance policy at the time of purchase, renewal or in the middle of the tenure in the following ways:

• Visit their official website
• Dial its helpline numbers 1800-118-485 and 011-33208485 (chargeable)
• Visit the nearest branch.

The insurer provides the calculated Insured Declared Value (IDV) of the bike deducting the depreciation and deductible in case of theft of the insured’s bike.

You should submit the following documents to register a claim under Oriental Insurance in case of damage due to fire:

• Copy of the claim intimation, along with a copy of the policy and premium receipt.
• Claim form
• Copy of the FIR
• Final Police Report
• Fire Brigade Report
• Photographs and videos of the property damage
• To estimate the value of the loss or damage, please also make available the asset register, stock register, original bills, repairs and replacement bills.

No, you cannot register a claim under Oriental Insurance for consequential loss or damage of the insured’s bike.

The following circumstantial evidence can act as your support in settling the claim:

• Eyewitnesses (You can collect the contact numbers of the eyewitnesses)
• Pictures of the location of the incident (accident or theft)
• Pictures of the insured’s bike post-accident which clearly shows the extent of damage.

You can contact Oriental Insurance for a roadside emergency by dialling their helpline numbers which are 1800-118-485 and 011-33208485 (chargeable).

Yes, you can update your contact details at the time of renewal under the section of personal details of the policyholder.

Yes, the No Claim Bonus of the previous insurer can be transferred to Oriental bike insurance policy to avail some discounts on the premium of the renewed policy.

Yes, you can change your policy period to 6 months from 1 year at the time of renewal.

For the offline process, you receive the hard copy of your bike insurance at your residence address via courier within a few days after the purchase.

You can obtain more information about the renewal process of Oriental bike insurance from its official website and by dialling its helpline number 1800 118485 or 011-33208485 (chargeable).

The bike insurance premium calculator will help you calculate the IDV value and premium amount offered by various bike insurance companies for insuring your bike. It will give you a clear idea to opt for a bike insurance cover.

Factors that affect the cost of premium of a bike insurance cover comprise Insured Declared Value (IDV), Age of the Owner, Engine’s Cubic Capacity, Modifications, No Claim Bonus (NCB), Anti-Theft Devices, and so on.

You can find the best premium calculator to calculate the amount of premium and Insured Declared Value (IDV) for your bike insurance cover at the official website of InsuranceDekho, i.e., www.insurancedekho.com.

Yes, you can get the premium amount and IDV offered by different insurance companies for your old bike as well with the help of a premium calculator.

To get the premium amount and IDV value provided by different insurers in the market, you will have to enter different details on the premium calculator like make, model and variant of your bike, fuel type of your bike, RTO location of your bike, engine capacity of your bike, registration year of your bike, etc.

Oriental General Insurance provides 2 two-wheeler add-on covers that include Zero Depreciation Cover and Personal Belongings Cover.

No, it is not compulsory to include an add-on cover in your bike insurance plan. The add-on covers are the additional options to enhance the insurance coverage of your bike insurance cover.

Yes, you will have to pay for a little extra amount of premium to avail add-on covers in their basic insurance cover.

You can buy a bike insurance add-on cover to extend the insurance coverage of your bike insurance cover either while buying the insurance cover or during the time of policy renewal.

You can purchase as many add-on covers as you wish to add in your bike insurance cover based on your budget and requirement.