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Best Bike Insurance Plans In 2021

Wish

Written by Udit Varshney

Updated Jan 22, 2021

Are you searching for a new bike insurance plan in the year 2021? Look no further than this list with some of the best two wheeler insurance plans available.

Read all about some of the best Bike insurance plans available in India in 2021. Whether you are planning to switch from an existing policy or simply searching for a new plan for your brand new two wheeler, this is the right place to look. You will find different plans and their specifications and you may choose the one that suits you best.


Best Bike Insurance Plans In 2021

The following are some of the best bike insurance plans available in India in 2021:

1. IFFCO Tokio Two Wheeler Insurance

The IFFCO Tokio Two Wheeler Insurance policy offers a wide range of coverage for your two wheeler insurance needs. It also has a 24/7 customer service line. This is extremely beneficial for you as the policyholder as you will always be able to seek assistance from the Bike insurance company at all times. IFFCO Tokio also has a commendable claim settlement ratio of 96.44%.

2. Royal Sundaram General Insurance

Royal Sundaram Two Wheeler Insurance also has a high claim settlement ratio of up to 94.07% which will give you considerable peace of mind when getting your bike insured with them. Furthermore, they have a guarantee of a claim settlement process of no more than 10 days which will surely be beneficial to you as you would be able to avoid long and tiring bureaucratic processes.

3. Oriental Insurance Company

Also with a high claim settlement ratio of 93.16%, Oriental Bike Insurance Company is one of the top choices for insuring your two wheeler or bike. It also offers a wide variety of coverage alongside this high and impressive claim settlement ratio.

4. Universal Sompo General Insurance Company

Universal Sompo General Insurance Company also has a commendable claim settlement ratio of 92.45%. This is an excellent indication that your bike or two wheeler would be in good hands with them, as your claims have a high chance of succeeding, thus ensuring excellent financial protection for you.

5. New India Assurance General Insurance

Also with an impressive claim settlement ratio of 92.23%, New India Assurance General Insurance is an excellent choice when it comes to selecting an insurance company for your two wheeler. They also offer an unlimited liability cover in a situation of death or injury of a third party.

Conclusion

Make sure to research thoroughly and compare different policies online before selecting which one is right for you. Remember that insurance at least up to third party coverage is mandatory by law.

You May Also Like To Read: Two Wheeler Insurance Claim Settlement Explained

Bike Insurance Quotes on Top Bike Models

Tips to Choose The Best Two Wheeler Insurance Policy

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.

Wish

Written by Udit Varshney

Udit has built B2C segments across various industries and has had significant contributions to the insurance sector. Read More

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