What is Comprehensive Bike Insurance Policy?

A comprehensive Bike Insurance Policy is a type of Insurance Policy where the policy offers coverage for the loss/damage incurred to the insured vehicles in addition to the third-party liabilities. Since this policy comes with dual benefits, it is wise for the bike riders to opt for it, when they buy/renew bike insurance for their bikes.

  • Offers Highest Levels of Protection
  • Covers Own Damage in addition to third party liability
  • Enhanced coverage with Add-ons
  • Option for NCB
  • Option for Cashless repairs in Network Garages

What is covered under Comprehensive Bike Insurance Policy?

Damage due to Natural Calamity –  Natural disasters are unpredictable. It can wreak havoc on our materials. A Comprehensive Bike Insurance policy offers coverage against damage incurred to your bike due to cyclone, flood, tsunami, earthquake, landslide, storm etc

Damage due to Manmade Calamity – Any damage caused due to manmade activities like arson, riots, strike or any similar events will be covered under this policy

Own Damage Cover – With this provision, a insured rider can receive compensation for damage to his own vehicle in the event of any natural or man-made disasters listed above

Third Party Liability – Covers damage incurred to the third party vehicle in an accident that involves the insured’s bike and protects him/her from legal liability

Theft – In the event of theft of the insured’s bike, coverage is offered

Fire and Explosion – Under a comprehensive bike insurance plan, coverage is offered for fire and explosion due to factors like self-ignition etc.

What is not covered under a Comprehensive Bike Insurance Policy?

  • Depreciation and wear/tear of the vehicle
  • Driving under the influence of intoxicating substances like alcohol or drugs
  • Driving without a valid reason
  • Using the vehicle for any illegal/malicious/terror activities
  • Damage due to war or nuclear attacks
  • If the incident occurs outside the geographical permissible limits

Top Comprehensive Two wheeler Insurance Plans

Several good plans are available at a cost that will enhance your day.

Comprehensive plan

United India

  • Starting at - ₹ 1000/-
  • 60% discount
  • PA Cover - ₹ 15 Lakh
Get quotes



  • Starting at - ₹ 980/-
  • 60% discount
  • PA Cover - ₹ 15 Lakh
Get quotes


New India Assurance

  • Starting at - ₹ 1150/-
  • 60% discount
  • PA Cover - ₹ 15 Lakh
Get quotes


Go Digit

  • Starting at - ₹ 1070/-
  • 60% discount
  • PA Cover - ₹ 15 Lakh
Get quotes


Bajaj Allianz

  • Starting at - ₹ 1160/-
  • 60% discount
  • PA Cover - ₹ 15 Lakh
Get quotes


Royal Sundaram

  • Starting at - ₹ 1138/-
  • 60% discount
  • PA Cover - ₹ 15 Lakh
Get quotes


ICICI Lombard

  • Starting at - ₹ 1287/-
  • 60% discount
  • PA Cover - ₹ 15 Lakh
Get quotes



  • Starting at - ₹ 1150/-
  • 60% discount
  • PA Cover - ₹ 15 Lakh
Get quotes

IDV of the Insured Vehicle

It is always important to check the IDV of the Insured Vehicle. IDV is the Insured Declared Value, which is the maximum amount the insurer will give you in the event your bike is stolen or goes beyond repair.

Instead  of falling for the alluring low premium, always check the IDV you are being offered by the insurance company. We would suggest you to pick the one with higher IDV as you have the chance for maximum reimbursement in the event of any of above-mentioned incidents.

Factors that determine the bike insurance premium

  • IDV of the insured vehicle
  • Age of the Bike and Bike’s owner
  • Make, Model, Fuel variant of the bike
  • Registration Location
  • Manufacturing Year
  • No Claim Bonus, if any

Why buy a Comprehensive Bike Insurance Policy at Fincover?

At Fincover, you can find an array of comprehensive bike insurance plans from different insurers under one roof,

  • Option to Compare and Choose
  • 24/7 Claim support
  • Completely Paperless and Transparent
  • Enticing discounts on premiums.
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