ICICI Lombard Bike Insurance

ICICI Lombard General Insurance Company Ltd. is one of the leading Insurer providers in India with Gross Written premium of Rs. 185.62 Billion. The Company has issued 29.3 million policies and has settled 2.3 million claims and has a patronage of over 4 crore Indians.  With 286 branches all over the country and more than 5000+ employees, they are always available at your service any time. They have been consistently recognized for their stellar role in the Industry and have received numerous accolades and awards over the years. Beyond their business, they also have a strong reputation when it comes to their Corporate Social Responsibility practices. 

When it comes to buying or renewing insurance, you must first check the reputation of the company. ICICI Lombard has a strong reputation as a trusted Insurance provider in India. They have maintained a good Claim Settlement ratio over several years and their process is transparent.

ICICI Lombard has also joined the bandwagon through IL take care app. You can get policy documents, intimate claims, chat with the insurance experts, tele-consult with doctors and get many other features with IL Take Care app.

Types of Two Wheeler Insurance Policies

  • Private Car package policy: A private car package policy offers complete protection to you. It covers the damages/losses of your own vehicles in additional to the mandatory third party cover
  • Standalone Own Damage Cover: With this cover, you are covered for the damages to your own car. It could be due to natural disasters like earthquake, flood, and cyclone, or man-made disasters like riot and theft. 
  • Third party Liability: This is mandatory cover for every car riders. As the name suggests, it covers you against legal liabilities arising from an accident. If your car causes injuries to any third party vehicle or the person driving the vehicle, then we will take care of the expenses in such cases

Key Features of ICICI Lombard Car Insurance Policy

  • No Claim Bonus upto 50%
  • More than 5700+ Cashless Garages
  • Roadside Assistance
  • 9 Add-on  Covers
  • Personal Accident Cover upto Rs. 15 Lakhs
  • InstaSpect, part of IL Take Care app that can be used to livestream the damage to the insurer

Exclusions in an ICICI Lombard Car Insurance Policy

  • Car Wear and tear and Ageing
  • Depreciation and consequential loss
  • Driving under the influence of alcohol or drugs
  • Driving without a valid license
  • War or Nuclear risk
  • Using the vehicle for illegal purposes
  • Mechanical and Electrical Breakdowns

Why Buy Car Insurance at ICICI Lombard?

At the core of their philosophy is technological innovation. With the help of latest technological tools, they have developed cutting edge mobile App (IL Take Care) which has streamlined their process and made it simple. Instaspect, a part of their IL Take care is a groundbreaking feature that has completely transformed the way the claim processing has done. 

It gives the customer an option to livestream the damages to the insurer, which reduces time wastages like surveying etc. This particular feature has gained tremendous response from the customer with over 1 million claims being approved since its launch. That said, there are also some other exquisite features with ICICI Lombard that sets them apart.

  • Touchless Policy Issuance
  • Complete Transparency in the process
  • Certified workshops for speedy claim processing
  • 24/7 Roadside assistance
  • Dedicated Customer Service Manager
  • 5700+ Network Garages across the country
  • Quality Assurance on repairs
  • Advice from Insurance experts at every stage

Things to Keep in Mind while buying a Car Insurance Policy

  • Check the kind of policy you would require. Third Party and Private Package policies have their own set of features. Check what you would require and apply for the right one
  • Add-ons are protection features that can be added to your package policy at a small premium. Engine Protection Cover, Consumables Protection Cover, Zero Depreciation cover, Loss of Personal Belongings cover are some of the popular add-ons bought by the policy purchasers. Evaluate your needs and pick the ones that you need the most.
  • Make sure that cashless garages are accessible to your area
  • Get an IDV close to your market value of the car as the difference in price from claim, should there be a loss of vehicle wouldn’t cause a big hole in your pockets

How to File a Car Insurance Claim?

ICICI Lombard is known for their hassle-free claim processing. Unlike other insurers, where you have to call them numerous times to intimate about the claim, ICICI Lombard provides a seamless claim experience. You can either opt for a cashless claim at network garages where the insurer directly settles the bills with the workshop or opt for reimbursement where you repair the vehicle at a workshop of your convenience and get your bills reimbursed from the insurer,

  • Call 1800 2666 or use their IL Take care app to raise a claim
  • SMS Claim to 575758
  • Make use of the InstaSpect option in IL Take care app to complete inspection via video streaming
  • Keep the documents in order, the claim manager will approve it immediately if the documents are in order
  • ICICI will facilitate the pick-up and drop of your car by a preferred workshop
  • You can also track the status of the claim on the app itself
  • They also provide quality assurance on repairs done at the network garage
Contact their toll-free helpline at 1800 2666 and register a claim. You will receive a reference number. Share the circumstance of the accident. Use Instaspect feature on ILTakecare to stream the extent of damages. Keep track of the claim in the ILTakeCare app
It is advised best to immediately report as soon as the accident or theft occurs. Do report the insurance company within 24 hours from the incident
An FIR Is mandatory in the event of a major accident, theft, damage or loss due to malicious acts, injuries to third party person/vehicle etc.