Gray-Image
24*7 Claim Notifications

24*7 Claim Notifications

Almost 100% Paperless

Almost 100% Paperless

Best Claim settlement Awards 2022

Best Claim settlement Awards 2022

previous
  • Overview
  • Features And Benefits
  • Third-Party Two-Wheeler Insurance
  • Comprehensive Two-Wheeler Insurance
  • Calculate Premium
  • Save On Premium
  • Renewal Benefits
  • IDV in Bike Insurance
  • NCB
  • Zero Depreciation Bike Insurance
  • Roadside Assistance
  • New Bike Insurance
  • Engine Protection Cover add-on
  • Deductibles
  • Types of Shriram Two-Wheeler Insurance
  • Coverages
  • Compare Plan
  • Premium Components
  • Eligibility and Required Documents
  • Buy / Renew
  • Claim Process
  • Bike Insurance Premium Calculator
  • Terminologies
  • Policy Download
  • FAQs
next

Shriram Two-Wheeler Insurance Premium Components

A premium is a payment made to an insurer for the purchase of a policy. Shriram Two-Wheeler Insurance premium will be calculated based on various factors, such as the policy chosen, cover types, add-ons and policy period

Third-Party (TP) Premium

Third-Party (TP) Premium

Third-party liability insurance is mandatory in India. Bike insurance premiums are calculated based on the engine's cubic capacity and IDV

Own Damage (OD) Premium

Own Damage (OD) Premium

Own Damage premium is paid to get coverage against various natural and man-made disasters. The Own Damage premium will vary from company to company

Compulsory Personal Accident Cover

Compulsory Personal Accident Cover

As two-wheeler accident cases rise, the government has made Personal Accident coverage mandatory. The minimum sum insured for risk coverage is Rs.15 lakh

partitionline
Add-ons

Add-ons

A vehicle add-on provides enhanced protection for the vehicle. Premiums are determined by the type of add-on selected by the insured. Some of the add-ons are zero depreciation cover, motor protection cover, engine and roadside assistance


Frequently Asked Questions

What are the factors determining the two-wheeler insurance premium?

The two-wheeler's IDV (Insured Declared Value), its age (if it's a used vehicle), zone/city of registration, engine cubic capacity, previous year's claim status and no-claim bonus status

What is personal accident cover in bike insurance?

Personal Accident Cover is an optional add-on cover that can be included in a bike insurance policy to provide financial assistance in case of accidental injury or death of the policyholder while riding the insured bike.

Is it possible to pay my two wheeler insurance premium in installments?

Currently, there is no provision for paying two wheeler insurance premiums in installments.

What happens if I miss paying my two wheeler insurance premium on time?

If you do not renew your two-wheeler insurance policy on time, it will lapse. Non-renewal of the policy also results in the loss of NCB (No Claim Bonus).

What our customers say ?

4.6

1753+ Customer Ratings

View all
customer

MARCUS MANOHAR PARKHE

Mr. Khalil, your Executive was very coperative. the overall experience was very good. Thank you.

customer

ANIL KUMAR HP

Good

customer

VAISHALI VAIBHAVKUMAR PANDYA

very good

customer

CHAUDHARI JASAVANTKUMAR

Good

customer

AKRAM KHAN

Good

left-arrowright-arrow
Quote

Blogs

Car Sunroof Maintenance: Tips to Avoid Leaks and Costly Repairs

Car Sunroof Maintenance: Tips to Avoid Leaks and Costly Repairs

Posted on 2025-12-31 09:18:43

Your car’s sunroof can make your rides enjoyable by letting fresh air inside during spring journeys and helping you see a clear sky during off-road trips. A sunroof is undoubtedly one of the most enjoyable features of a vehicle, but it requires routine maintenance to prevent instances of sunroof leaks. Lack of routine maintenance can lead to water seeping into your car’s cabin. Your sunroof may also get jammed mid-opening. The only way to prevent such instances is by keeping the sunroof’s seals, drains, and moving parts clean and well-lubricated at all times. We have shared really simple yet effective car sunroof maintenance tips in this blog, which can keep your sunroof in good working condition and prevent leaks.

Car Tyre Rotation: Definition, Importance, Frequency, & More

How Often Should You Rotate Tyres and Why It Matters

Posted on 2025-12-30 05:05:59

The average life of a car’s tyre is between 40,000 km and 50,000 km under normal road conditions or 5 years. Yet, not every driver replaces their tyres after their average lifespan is over. The thought of maintaining their car tyres doesn’t cross people’s minds until their tyres get damaged or stop functioning properly. Even though tyres aren’t designed to last forever, you can extend their lifespan by merely rotating them. This quick and rather inexpensive task can significantly improve your car’s tyre performance, resulting in even wear. Hence, we’ve shared the basics about tyre rotation, including the ideal tyre rotation frequency, so you can keep the tyres in good condition.

Best Portable Tyre Inflators in India: Buying Guide for 2025

Best Portable Tyre Inflators in India: Buying Guide for 2025

Posted on 2025-12-29 10:44:27

If you’re a car owner who frequently drives for work and leisure activities, then you should always carry a portable tyre inflator with you. Many drivers only think about tyre pressure when a puncture happens, but tyres can go flat for any reason. They may lose air due to heat, rough roads, or even small nail punctures. Driving with tyres at low pressure can cause the rubber in the tyres to heat up more quickly, which may lead to blowouts on the roads or highways. Having a portable tyre inflator can save you in such situations. Instead of looking for mechanics or waiting for help to arrive, you can fill your car’s tyres and resume driving. This small car accessory can help drivers avoid getting stranded on the road. Hence, we’ve created this comprehensive buying guide for the best tyre inflator so you get a reliable tool for your safety and convenience.

View all

Bike Insurance in Indian Cities

Bike insurance in agra
Bike insurance in delhi
Bike insurance in coimbatore
Bike Insurance in Bangalore
Bike insurance in dehradun
Bike insurance in jaipur
Bike Insurance in Indore
bike insurance in ahmedabad
Bike insurance in pune
Bike insurance in gurgaon
Bike insurance in mumbai
Bike insurance in Bhopal
Quick renewal Quick renewal
bimabharosa
Back to TopBack to top of the pageBack to top of the page

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.

Terms and Conditions |Refund and Cancellation© 2023 Shriram General Insurance. All rights reserved.