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Disclaimer:Tata Capital Limited (“TCL”) registered with IRDAI (License No. CA0896, valid till 21-Jan-2027), acts as a Corporate Agent “Composite” for Go Digit General Insurance Limited. Please note that, TCL does not underwrite the risk or act as an insurer. For more details on the risk factors, terms and conditions please read sales brochure carefully of the Insurance Company before concluding the sale. Participation to buy insurance is purely voluntary.

The Registered office of TCL is Tata Capital Limited, 11th Floor, Tower A, Peninsula Business Park, Ganpatrao Kadam, Marg, Lower Parel, Mumbai-400013.
The Registered Office of Go Digit: Go Digit General Insurance Limited, 1st Floor, Fairmont, Hiranandani Business Park, Powai, Mumbai – 400076.
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Bike Insurance for Imported Two Wheelers in India

imported bike insurance

An imported motorcycle isn't a mode of transportation. It stands for exclusivity, superior engineering expertise, and hybrid performance. These bikes come with the most advanced technology, which means the rider enjoys a different experience on the road. Insurance for imported motorcycles is different from that of typical two-wheeled vehicles. 

It’s because it’s more expensive, needs more costly repairs, and the spare parts are not readily available. In this article, we will understand these bikes' coverage types, premium calculations, and policy exclusions.

What is Imported Bike Insurance?

Imported bike insurance is a special policy for foreign-made bikes imported into India. They arrive complete or assembled locally as Completely Knocked Down (CKD) units. It differs from regular bike insurance in insuring high-end models, costly spare parts, and advanced repairs.

What are the Types of Imported Bikes?

Completely Built Unit (CBU)

Completely Knocked Down (CKD)

The bikes are made and assembled outside India and imported to India. CBU bikes are subject to more import duties and insurance fees.
These motorbikes are imported to India in parts and locally assembled. Since CKD models involve local assembly, they attract less import duty and less insurance charges than CBU models.

What's Covered in Imported Bike Insurance?

Here are the coverages that come under imported bike insurance:

Own Damage Cover

Own Damage Cover

It reimburses loss or damage to your bike due to accident, fire, theft, and artificial or natural calamities. The insurance provides financial reimbursement against replacement charges.

Personal Accident Cover

Personal Accident Cover

It provides financial coverage in a bike accident. The policy covers accident-related expenses and compensates the policyholder for damages or losses.

Theft Protection

Theft Protection

Pays loss if your imported bike gets stolen within the declared insured value (IDV). It's mandatory coverage because the price of imported bikes is very high. It pays the amount so that you won't lose money.

Damage Due to Transit

Damage Due to Transit

It includes damage that occurs while transporting the bike. Risks to transport are unforeseen accidents, natural disasters, or physical mishandling by error.

Imported Bike Insurance vs Normal Bike Insurance

Imported bike insurance is quite different from regular bike insurance. The following table highlights key differences:

Feature Imported Bike Insurance Normal Bike Insurance
Premium Cost Higher because of high-cost, high-value spare parts and high-repair costs. Import duties add to overall costs. Lower costs are due to local parts and repair cost savings.
Coverage Comprehensive features include high repair costs, theft, natural disasters, and custom coverages. Standard types of covers are third-party and own damage covers.
Spare Parts Cost Expensive since parts are imported, leading to delays and higher replacement costs. Less costly because it is locally manufactured.
Repair & Maintenance Needs specialised workshops and skilled human resources; repair is time-consuming and expensive. Repairable at the local workshops by mechanics.
Claim Settlement More time-consuming since it is hard to find spare parts, and repair is costly. Faster due to the quick availability of parts and easy access to service centres.
Risk Factors More, as there is an increased risk of theft, expensive replacement, and fewer repair centres. It is low risk because parts are readily available, and maintenance is cheap.
Import Duties Impact Import duties increase the price of the bike, which in turn increases the premium value. No import duties, leading to more affordable insurance premiums.
Depreciation Rate Higher depreciation due to import factors, expensive spare parts, and a limited resale market. Reduced import-related depreciation because of local production.
Resale & Transfer of Ownership Complex resale process because of specialised demand and high maintenance charges. Simple resale because of the boom in the market and a simple transfer of the insurance process.

Factors Influencing Insurance Premiums for Imported Bikes

Bike's Value and Model

Import Type

Engine Capacity

Choosing Right Policy

Spare Parts Availability

Imported high-end bikes, such as those with top-quality parts, which makes them expensive to insure. Their advanced technology, skilled maintenance, and high repair costs increase premiums. These bikes need expert repairs, which raises insurance costs.
Completely Built-Up (CBU) bikes are produced entirely and later exported overseas. They receive higher insurance and import duties. Completely knocked-down bikes are shipped outside and assembled locally, so they are cheap.
Imported superbikes have larger engine sizes above 500cc, which influences insurance prices. These bikes have a higher chance of being in serious accidents, and since they are high-performance machines, insurers pay more in claims for possible damage.
While buying insurance for an imported motorbike, the motorcyclist has to select a policy with proper coverage at a reasonable price. Imported bikes are expensive to repair and come with unique risks. Therefore, one must research insurance plans thoroughly. 
Imported bike spares are not readily available. Since spare parts have to be imported from foreign dealerships, insurance companies consider high replacement costs. Unavailability raises the possibility of delayed repair, which leads to high claims.

Tips for Purchasing Imported Bike Insurance

Getting the right bike insurance policy is more than choosing the cheapest option. A well-balanced policy ensures you have adequate coverage without overspending. Here are some key tips to help you get the best coverage:

Compare Policies

Compare Policies

Coverage and premiums vary with insurers. Comparing policies ensures the best price for coverage and cost, and it helps you avoid getting scammed while purchasing a premium. 

Opt for Comprehensive Policy

Opt for Comprehensive Policy

Costly imported bikes with third-party bike insurance are insufficient. Instead, a comprehensive bike insurance policy covers damage, theft, and accidents for increased protection, which extends your bike's safety. 

Disclose Correct Details

Disclose Correct Details

Providing incorrect facts about the bike, such as the import status or any modifications, can lead to claim rejection. Always give accurate details when buying the policy.

Verify Network Garages

Verify Network Garages

Imported bikes should be repaired well in approved workshops. Choose an insurer with authorised workshops for convenient and cashless repairs.

Consider Add-Ons

Consider Add-Ons

Enhance your bike’s protection with add-ons like zero depreciation, engine and gearbox protection, and personal accident cover.

Look for Discounts

Look for Discounts

A clean driving record helps you get an NCB discount. Avoid making claims to save on premiums. Installing an anti-theft device also lowers insurance costs.

Understand Exclusions

Understand Exclusions

Review your bike insurance policy carefully to understand what is not covered. Exclusions typically include wear and tear, mechanical or electrical failure, riding under the influence, reckless or illegal riding, and losses from misuse or undisclosed modifications.

FAQs about Imported Bike Insurance

Manasvi Gupta

Written By:

Manasvi Gupta

Manasvi Gupta

Manasvi Gupta

Content Writer

Storyteller at heart, Manasvi brings 4 years of content and marketing experience to Digit. Whether it's writing SEO-optimised articles or a researched and insightful blog, she strives to transform ideas into creating impactful and engaging content.

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Manasvi Gupta

Manasvi Gupta

Content Writer

Storyteller at heart, Manasvi brings 4 years of content and marketing experience to Digit. Whether it's writing SEO-optimised articles or a researched and insightful blog, she strives to transform ideas into creating impactful and engaging content.

mayur-black-white-test

Reviewed By:

Mayur Kacholiya

mayur-black-white-test

Mayur Kacholiya

Product Head - Motor

Mayur specializes in motor insurance and is responsible for overseeing the development and management of motor insurance products. With expertise in product strategy and market analysis, he focuses on developing customer-centric insurance solutions.

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mayur-black-white-test

Mayur Kacholiya

Product Head - Motor

Mayur specializes in motor insurance and is responsible for overseeing the development and management of motor insurance products. With expertise in product strategy and market analysis, he focuses on developing customer-centric insurance solutions.

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