List of Top Two-Wheeler Insurance Companies In India

Getting bike Two-Wheeler insurance is a very important thing for all bike owners. While making such an important decision, it is good to know the various top Two-Wheeler insurance companies, so you have selected the best. It is very important to choose the best bike Two-Wheeler insurance whichever suits you. In order to do that, compare various available Two-Wheeler insurance companies.

 List of Top Two-Wheeler Insurance Companies In India

We have listed the top Two-Wheeler insurance companies from which you can choose to buy an insurance policy for your two-wheeler. 

(Source: IBAI’s General Insurance Claim Insights Handbook - 5th Edition.)

1. IFFCO Tokio Two-Wheeler Insurance

The bike insurance for Two-Wheelers from IFFCO Tokio offers various types of coverage and continuous customer service making sure that customers are their first preference. The company has an impressive claim settlement ratio of 95.30%.

2. Royal Sundaram General Insurance

Royal Sundaram has a high claim settlement ratio of 92.66%. Your bike insurance is secure and is under an excellent company. Often getting a Two-Wheeler insurance becomes hectic, but Royal Sundaram guarantees to complete the process within 10 days.

3. Oriental Insurance Company

Oriental Insurance Company is a very good company for insuring your Two-Wheeler.It has a claim settlement ratio of 91.76% and also has a wide range of coverage.

4. HDFC Ergo General Insurance

HDFC Ergo is a wonderful choice for insuring your Two-Wheeler. Their Two-Wheeler insurance plan offers a variety of coverage including add on like added riders included in your policy. The premiums at HDFC Ergo are among the lowest in the country which makes it a very cost friendly option for you to purchase your Two-Wheeler insurance from.

5. Universal Sompo General Insurance Company

Based on the claim settlement ratio for own damage, Universal Sompo ranks very high with a ratio of 90.78%. Hence for insuring your Two-Wheeler, it is an excellent choice to go for to guarantee that your cases have a high possibility of being claimed.

6. Tata AIG Two-Wheeler Insurance Company

Tata AIG is very well known to be an exceptionally moral and receptive Two-Wheeler insurance company. Also, their support is effectively available and their customer care lines are approachable and supportive. The claim settlement ratio is also high for Tata at 90.49%.

7. New India Assurance General Insurance

New India Assurance has a high claim settlement ratio of 89.60%, it also offers a strong Two-Wheeler insurance coverage and unlimited liability cover in case of death or injury of a third party.

8. SBI General Two-Wheeler Insurance Company

SBI Insurance is trusted by the people. The claim settlement ratio of 89.51% which is a proof of their credentials. Look no further if you are looking for a congenial and dependable Two-Wheeler insurance company with a simple buy or reestablishment measure.

9. Bajaj Allianz General Insurance Company Limited

Bajaj Allianz is one of the biggest Two-Wheeler insurance agencies in India with a wide variety of coverage. It has a high claim settlement ratio of 88.83% hence increasing the chances of a successful claim.

10. Future Generali India Insurance Company

Future Generali’s Two-Wheeler insurance is extremely beneficial for various reasons. The company has a high claim settlement ratio of 88.69% and also there are more than 2,500 cashless network garages throughout the country.

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.