Second-Hand Bike Insurance

Own Damages for Third-Party Policy holder

In the case of a Third-Party or Liability Only Bike Policy, damages to own vehicle won’t be covered. 

Drunk Riding or without a Licence

Your bike insurance won’t cover for you in situations where you were riding drunk or without a valid two-wheeler licence.

Add-Ons Not Bought

Some situations are covered in add-ons. If you haven’t bought those add-ons, the corresponding situations will not be covered.

Contributory Negligences

Any contributory negligence(e.g. damage due to driving a two-wheeler in a flood, which is not recommended as per the manufacturer’s driving manual, will not be covered)

Consequential Damages

Any damage which is not a direct result of the accident (e.g. after an accident, if the damaged two-wheeler is being used incorrectly and the engine gets damaged, it is considered as consequential damage and it will not be covered)

Driving without a valid Driving Licence Holder

If you hold a learner’s licence and were riding your two-wheeler without a valid licence-holder on the pillion seat- then your claim in those situations won’t be covered.

Daily Conveyance Benefit

The add-on cover of daily conveyance benefit will ensure that you are compensated for your transportation cost during the period when the second-hand two-wheeler is under repair, subject to applicable time excess. A policyholder can be compensated in the form of a fixed allowance per day or coupons from taxi operators for an amount equal to the per-day fixed allowance.

Engine & Gearbox Protection Cover

Do you know that the cost of replacing your engine is approximately 40% of its cost? In a standard secon-hand two-wheeler insurance policy, only damages caused during the accident are covered. However, with the engine and gearbox protection add-on cover, you can specifically cover the life of your used vehicle for any consequential damages caused post the accident.

Tyre Protect

The tyre protect add-on cover is offered only to vehicles fitted with run-flat technology. As part of it, the cost of replacing damaged tyres with ones equivalent or near equivalent to the ones being used in the vehicle, labour and wheel balancing charges can be reimbursed. However, claims made under the add-on cover are subject to conditions set forth under the vehicle insurance policy.

Consumable Cover

The add-on of consumable cover adds an additional shield to your used two-wheeler. Covers the cost for all your second-hand bike’s nitty-gritties, such as the engine oils, screws, nuts and bolts, grease, etc., in the event of an accident.

Return to Invoice Cover

If you fall into a situation where your used bike is stolen or damaged beyond repair, this add-on comes in handy. With return to invoice add-on, we will cover the costs of getting you the same, or similar bike, including the road tax and registration fees for the same

EV Shield Add-on Cover

This EV Shield add-on cover for electric two wheeler in India will protect you and your used vehicle against any loss or damage to the electrical panel for the vehicle charging point and the vehicle charger, including the charging cable, and offer roadside assistance services specific to EVs.

Zero Depreciation Cover

Think of it like an effective anti-aging cream for your second-hand bike and its parts. Usually, the required depreciation amount is always taken into account during claims. However, a zero-depreciation cover ensures no depreciation is taken into consideration, so you get the full value of the cost of repair/replacement during claims.

Breakdown Assistance

The roadside assistance add-on ensures we’ll always be there for you and your used two-wheeler in case of any breakdowns. The best part? Asking for our help doesn’t even count as a claim.