Why You Should Buy Two-Wheeler/Bike Insurance in Amritsar from SGI?

Two-wheeler insurance policy insures a two-wheeler from all the perils. As per the Government of India, all vehicles must have an insurance policy by the Motor Vehicle Act, 1988. Insurance of two-wheeler will secure finances and legal action that occurred due to an accident. All the natural and man-made calamities are covered under the policy.

Why to choose SGI for two-wheeler insurance–

Online insurance

Shriram General Insurance provides you online insurance facility so that you can insure your two-wheeler from anywhere. This is an easy and fast process that can save a lot of your time and resources. For this, you have to visit the Shriram General Insurance website and follow the steps.

Accident cover SGI
Theft cover shriramgi
naural disaster cover shriram general insruance
PA cover 2w insurance sgi
third party cover two wheeler insurance sgi

Two Wheeler Insurance - Additional Covers

Addon electrical and electronic accessories in sgi two wheeler insurance
2w addon geographical extension cover SGI
two wheeler pillion cover addon SGI

Easy renewal process

For the renewal of the policy, the process is hassle-free and quick. We have a dedicated team that works and send a reminder for the renewal of the policy before it expires. Even you can do it by yourself or one of our executives will assist you respectively.

No Claim Bonus transfer

NCB is one of the foremost benefits that you can grab. This will minimize the premium for the policy. The transfer of the NCB process is fast and effective.

Simple Claim process with SGI

Claim settlement is one the foremost services that is easy and quick. It all requires all the necessary documents and reason for the claim process.

Two Wheeler Insurance Plans in Amritsar

The city of Harmandir Sahib, or Golden Temple is one of the principal cities of Sikh’s and the second-largest city of Punjab state. This gives a huge advantage and also a huge number of two-wheeler riders, here come the importance of Two-wheeler Insurance in Amritsar. It’s the truth that Punjab is on 2nd rank in the accidental index of government. Here comes the critical role of insurance, you may be a great rider, but you don’t know when can a misfortune place. For this situation, only insurance can be helpful. Insurance assure your financial and legal aid. However, SGI provides you full safety from financial and legal problems with a comprehensive insurance policy. In the end, we recommend you to wear a helmet and ride a safe ride for your safety.

Hassle-Free Claim Process

We know that Punjabi’s has a unique obsession with their bike. So SGI provides one of the best bike insurance company in Amritsar, with the simplest and fastest claim process. However, sometimes the process can be tricky and juggling.

Some steps you should follow to settle the Claim easily and fast

Inform the Insurer

The very first step of you should be to inform the insurer about the incident. Take some photos of the place and two-wheeler. Visit the nearest registered garage with your bike.

File a Claim

As you informed the insurer about the event, now it’s time to file a claim. As soon as possible file for the claim. This process requires some of the documents, like policy copy, identity proof, driving licence, RC copy etc.

File an FIR

There are some of the conditions in which you have to file an FIR. For example, if your bike has been stolen or you are claiming for third party damage.

Different types of insurance plans in Amritsar

If you are looking for the foremost insurance plans in Amritsar, then you can opt for third party insurance or comprehensive insurance. The third-party insurance covers the loss for the third party and in the comprehensive insurance own damage and third party insurance are covered.

What is third party liability coverage?

As per the Motor Vehicle Act, 1988 it is mandatory to insure your vehicle with third party insurance. Under this policy, the insurer is liable to pay compensation for the loss of the third party in an accident from the insured vehicle. The insurer will compensate for the loss of vehicle, health or death of third party. The insurance company will also provide legal assistance to attend the legal issues. Hence, this policy reduces the stress from the customer of third party loss, whether it is in the form of financial or legal.

Comprehensive cover plan

This is the plan that is designed to covers the own damage and third-party liability policy. In other words, we can say that under this policy the insurer will be liable to compensate you for the damage to your two-wheeler and for the third party damage. Also, in this policy, you can choose Add-ons that can add some more features like you can get a nil depth policy, compensation for pillion or personal accident insurance. Hope this information will help you to pick the right bike insurance in Amritsar.

Major challenges faced by the bike rider in Amritsar

Rash Driving – Maturity is not everyone’s cup of tea. As many immatures have a rash driving on the roads this leads to accidents.

Theft of bikes – Many cases are registered for theft of the bike. This is a very common issue that is faced by bike owners.

Uneven Road – In many places there are uneven roads that may cause the accident.

Bike Insurance In Other Cities


Frequently Asked Questions (FAQs)

What are the different types of insurance plans for two-wheelers?

Third-party liability and comprehensive insurance are the two different types of insurance. In third party insurance, the insurer insures your vehicle from the damage to a third party. And in comprehensive insurance, the insurer insures own damage and also third-party liability.

What are the Risks covered under insurance?

Under insurance, the insurer insures your vehicle from all the natural and man-made calamities. And also insure your vehicle from third party liability.

How to buy two-wheeler insurance online in Amritsar?

For buying a two-wheeler insurance online you simply have to visit the website and fill the required details.

When and how to renew the insurance?

For the renewal of insurance, you must approve the reminder for the company. As the policy gets nearer to the expiry, the company will remind you of the renewal and you can follow the step for the renewal. You can also visit the website for the renewal or you can ask the agent to renew your policy.

Written By: Shriram General Insurance - Updated: July 2022

IRDAI Consumer Education:- Insurance is the subject matter of solicitation. IRDAI Registration Number - 137. CIN No. U66010RJ2006PLC029979. BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS. IRDAI clarifies to public that IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums. IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

Shriram General Insurance Co. Ltd. (In partnership with Sanlam, South Africa)
E-8, EPIP, RIICO Industrial Area, Sitapura, Jaipur - 302022 (Raj.)
Toll free: 1800-300-30000(Policy Holders), 1800-103-3009(Others) Fax: 0141-2770692, 2770693

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