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Oriental Own Damage Bike Insurance
No Inspection Needed
Immediate Policy Issurance
No Paper work
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Select your bike brand
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- New Delhi
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Oriental Standalone Own-Damage Bike Insurance Policy
Using a two-wheeler for daily commutes brings with it certain risks and this can become a source of anxiety for you and your loved ones. Having insurance will help you manage these risks to a certain extent. It provides a layer of protection for the insurance holder by compensating for damages caused in case of a mishap. The own-damage two-wheeler insurance cover will take care of your own damage costs in the event of a mishap and provides this coverage in many different cases. This includes vandalism, theft, road accidents, explosions, fires manmade and natural calamities. Moreover, if you purchase it along with third-party insurance it will give you a well rounded protective layer.
Standalone Own-Damage Insurance V/S Third Party Insurance V/S Comprehensive Insurance
Basis | Oriental Third Party Insurance | Oriental Standalone Own-Damage Insurance | Oriental Comprehensive Insurance |
Coverage | Oriental third party two-wheeler insurance will take care of third party insurance in case of a mishap including bodily injuries, death and property damage. Moreover, the maximum compensation the insurance provides for property damage is Rs 1 Lakh. | Oriental standalone own-damage two-wheeler insurance will take care of own damage costs in several different scenarios including cases of theft, vandalism, road accidents, natural and manmade calamities. | Oriental comprehensive two-wheeler insurance plans will take care of both your own damage costs and third party liabilities in the event of an unfortunate event. Moreover, the plan has a single premium and offers personal accident covers. |
Add-ons | Oriental General Insurance does not offer its policyholders add-on covers with third party insurance. | Oriental General Insurance offers several add-on covers with standalone own-damage covers. | Oriental General Insurance offers several add-on covers with comprehensive insurance plans. |
Cost | Oriental third party insurance covers for two-wheelers is their least expensive insurance cover as it offers compulsory basic coverage. | Oriental standalone own-damage covers for two-wheelers is a little more expensive than third party insurance as it offers more coverage to the insurance holder. | Oriental comprehensive insurance plans for two-wheelers are the most expensive of the three because they take care of both own damage and third party liabilities all under a single premium. |
What is Covered Under an Oriental Standalone Own-Damage Policy?
Following are the aspects that are covered under an Oriental standalone own-damage two-wheeler insurance policy:
- If the two-wheeler has an accident on the road.
- If there is an explosion or fire that causes damage to the two-wheeler.
- If the two-wheeler is stolen or damaged beyond repair.
- If the two-wheeler is damaged due to a natural or manmade disaster such as an earthquake.
What is Not Covered Under an Oriental Standalone Own-Damage Policy?
Following are the aspects that are not covered under an Oriental standalone own-damage two-wheeler insurance policy:
- If the two-wheeler has a breakdown because of a mechanical or electrical failure.
- If the two-wheeler is damaged because there is a mishap involving illegal driving.
- The regular wear and tear of the car that lowers its value, i.e. depreciation.
- If the two-wheeler meets with an unfortunate event outside the country’s borders.
Benefits of Oriental Standalone Own-Damage Policy
Following are the benefits of purchasing an Oriental Two-Wheeler Insurance Policy:
- Own-damage covers for two-wheelers take care of own-damage costs in case of a mishap.
- Insurance providers offer their customers No Claim Bonus for every claim-free year.
- Insurance providers offer add-on covers with own-damage covers that allow you to enhance the insurance’s coverage.
How To Purchase an Oriental Standalone Own-Damage Policy?
Following are the steps you need to take to purchase an Oriental Two-Wheeler Insurance Policy:
Step 1: Go to the InsuranceDekho website and select the two-wheeler insurance option.
Step 2: Next you will be required to enter your two-wheeler’s registration number. If you do not have it, however, you can enter its make, model and registration year instead.
Step 3: After this enter your personal details, i.e., your name and mobile number in the given section. Once finished select the ‘Submit and Get Quotes’ button.
Step 4: All the quotes will be visible on your screen. All you need to do is select the one offered by Oriental General Insurance and any add-on covers you would like to purchase with it.
Step 5: Pay for your Oriental two-wheeler insurance policy and the policy document will be sent to your registered email ID.
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