Two Wheeler Insurance Plans in Bangalore

Cubbon Park, Lalbagh Park, JP Park and many more beautiful parks have given the name Bangalore as a “Garden city”. Same as giant international MNCs like Wipro, Accenture, TCS, Infosys and many more have given the title “Silicon City of India”. Bangalore is such an important city in the country that gives the highest number of start-ups. For such a vital city SGI has come up with two-wheeler insurance.

Two-wheeler insurance in Bangalore is a must for a bike owner, as Bangalore is one of the bustling cities in the country. This feature enhances the chances of an accident or any kind of mis happening. The cost of a vehicle is sky touching and after any calamity, the repair cost or any further cost can be heavy for your pocket.

Accident cover SGI
Theft cover shriramgi
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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

Why to Two-wheeler insurance is Important in Bangalore?

In this thrilling life, every next movement is unpredictable. The very next movement might bring the best or worst news in your life. If you are a bike lover and love to ride, then insurance is a must for you. Bike insurance in Bangalore has many benefits that can be availed by you.

Benefits of Two-wheeler insurance in Bangalore with Shriram General Insurance

Free from Penalties – Third party insurance will safeguard you from third-party liability as well as from the heavy penalties taken by the RTU officer. Under this offence, the officer can fine you as well as imprison you.

Easy claim settlement – SGI offers a fast and easy claim settlement process for Two-wheeler insurance in Bangalore.

Online Insurance – This feature offers you to insure your bike from anywhere at any location. This feature is time convenient and free from the location. You don’t have to meet an agent or any insurer for the process. This will save your time, money, and the process is safe and unbiased.

24x7 Call Assistance – If you are in any problems with the insurance, you can call our team at any time.Your claim registration or renewal of policy can be done by this helpline.

Wide Network Garage – Now your repair work will be done cashless. Shriram General Insurance has a wide range of network garages. Bike insurance in Bangalore with SGI can benefit you with the cashless repair of your bike in case of an accident.

Add-ons – Add-ons are the features that are offered by the insurance to the insured. By paying some of the additional premium you can opt for some of the additional features which can benefit you in future.

  1. Roadside Assistance
  2. Nil-depreciation
  3. Engine Protection
  4. Return of Invoice
  5. Consumable
  6. Hospital Daily Cash Allowance
  7. Daily Expense Reimbursement
  8. Personal Belonging  

These were a few of the add-ons that are offered to two-wheeler insurance in Bangalore. If someone opts for these add-ons, then they have to pay an extra premium and then they can avail these exciting offers.

Plans for Two-wheeler insurance in Bangalore 

For the city of Bangalore, SGI has come up with 4 different types of plans. These plans are specially designed for bike insurance in Bangalore.  

Bundle Policy

The bundle policy comes up with one year of own damage cover, 5 years of third-party liability and 5 years or 1 Year of personal accident policy. This policy is a complete package for the new bikes that are recently purchased.  

Package policy

A package policy offers you one year of third-party insurance, one year of own damage and one year of personal accident insurance. For the two-wheelers insurance in Bangalore, a package policy is a perfect combination that protects your vehicle and offers you own damage and third-party insurance.

Standalone Liability Policy

One year of third-party insurance comes under this policy. This policy will protect you from the liability of a third party. Also, this policy will protect you from legal offences, penalties and impressions.

Own Damage

One year of Own damage policy will protect your vehicle from different types of perils. Two-wheeler insurance in Bangalore with an own damage policy will provide you complete vehicle protection from natural and man-made perils.

Claim process for Two-wheeler insurance in Bangalore 

Shriram has simplified one of the significant processes of insurance. There are some of the processes that one should follow for filing a claim.

  1. Inform the insurer ASAP and ask for the claim registration.
  2. Take some snaps if possible. This will help you in the claim process.
  3. File an FIR if required. In some cases, the insurer asks for the FIR copy, in case of a theft vehicle.
  4. Take it to the nearest garage, if possible then take it to the registered garage.
  5. Submit the required document. Like a copy of insurance copy, RC of vehicle, driving license, FIR copy etc.

Bike Insurance In Other Cities

BIKE INSURANCE IN CHANDIGARH BIKE INSURANCE IN AGRA BIKE INSURANCE IN PATNA
BIKE INSURANCE IN PUNE BIKE INSURANCE IN JAIPUR BIKE INSURANCE IN NOIDA
BIKE INSURANCE IN CHENNAI BIKE INSURANCE IN INDORE BIKE INSURANCE IN GURGAON
BIKE INSURANCE IN DELHI BIKE INSURANCE IN BHOPAL BIKE INSURANCE IN AMRITSAR
BIKE INSURANCE IN DEHRADUN

Frequently Asked Questions (FAQs)

What are the factors that affect the premium of two-wheeler insurance in Bangalore?

Factors that affect the premium of two-wheeler insurance in Bangalore are: -

  1. IDV of the vehicle
  2. Make and model of the vehicle 
  3. Engine Capacity
  4. Modification
  5. Zone of the insurance
  6. Add-ons
  7. Policy type
  8. Additional Discount offered by the insurer

The sum of these factors affects the value of the premium in insurance.

Is two-wheeler insurance compulsory in Bangalore?

The government of India has mandated third-party insurance for every vehicle. This policy will protect you from paying any liability to a third party in case of an accident made by the insured vehicle.

is the IDV of a two-wheeler in Bangalore?

IDV stands for Insured Declared Value, this is the value of the vehicle that is decided by the insurer and insured. The market value of the vehicle is estimated by the owner and the insurer. This directly depends upon the sum insured value of the vehicle

Written By: Shriram General Insurance - Updated: July 2022

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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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