Your search for the best Indian bike insurance companies in 2024 ends here. Here are the top 10 motorcycle insurance companies in India.
Bike insurance is essential not only to comply with legal requirements but also to provide financial protection and peace of mind in the face of uncertainties on the road. It ensures that you are financially covered for potential liabilities and damages, allowing you to enjoy your ride with greater confidence.
Bike insurance provides coverage for third-party liabilities, which means it protects you from financial losses arising due to injury or property damage to a third party in case of an accident involving your bike. This coverage is crucial for meeting legal obligations and protecting your financial interests.
Insurance companies also offer various add-on covers that allow you to customize your policy based on your specific needs. These may include zero depreciation cover, roadside assistance, and more.
In India, you can find several Auto insurance companies that offer two-wheeler insurance services. However, it’s always important to go with a reliable company for more security and liability.
So, if you are confused about choosing a good bike insurance company, have a look at these 10 best motorcycle insurance companies in India.
Top 10 Motorcycle Insurance Companies in India
10. United India Insurance Company Ltd.
United India Insurance Company Ltd. is a common name in the Insurance industry for its exceptional insurance policies and customer services. This is one of the top-class Indian bike insurance companies. This company always helps clients with better arrangements and insurance claims settlement is also easy. You can get different budget-friendly motorcycle insurance plans from this company. So, overall this is one of the most reliable bike insurance companies in India.
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9. Royal Sundaram General
Royal Sundaram General Insurance Company is another one of the best motorcycle insurance companies in India. This company offers free grabbing of auto, claim settlement within seven days, and direct settlement at exceptional carports. Besides that, it also offers highly satisfied motorcycle insurance rates for customers. The head office of this company is in Chennai. The office staff is positively helpful and always assists clients to get their claims easily.
8. PNB Motor Insurance
PNB Motor Insurance is an old insurance company with attractive insurance plans for clients. It was established back in the year 1885. The main corporate office of this company is in Delhi. It provides cheap motorcycle insurance. Claim settlement, easy policies, and good backend support are available. Thus, all such things make it also among the best bike insurance companies in India. This company always helps clients to get their claims and try to solve all their problems.
7. AXIS Motor Insurance
Axis Motor Insurance was established in the year 2006 and is one of the recognized motorcycle insurance companies in India. The corporate office of this popular company is in Mumbai. You can get various facilities from this company like the claim of your settlement within a week, free get of auto and direct settlement office at excellent carports. Many people prefer to go to this company for their motorcycle insurance.
6. New India Assurance Company Limited
A famous name among top Indian insurance companies for a two-wheelers, which was founded by Dorabjee Tata. The main corporate office of New India Assurance Company Limited is in Mumbai. This company has been in this insurance business for a long time and always helps customers to get their best cheap motorcycle insurance. Besides that, this company always offers the best administration to clients regarding insurance claims and other relevant services.
5. Bharati AXA
Bharati AXA is another famous name for motorcycle and car insurance which came into existence back in 2006. Customer satisfaction is the main intention of this motorcycle insurance company. You can get various insurance policies from these companies which are always beneficial to the customer. Also, the team members of this company are quite helpful. They always give detailed information regarding policy plans to the customer.
4. HDFC ERGO
HDFC EGRO is a famous name among the top motorcycle insurance companies in India for its excellent insurance policies. It is a private division organization. It always takes care of the customer and provides their claim instantly. This company was established back in the year 2002 and always shows positive approaches to every client. According to customer relationship records, this company always satisfies the customer’s requirements. So, never a bad choice for your motorcycle insurance.
3. ICICI Lombard
ICICI Lombard is famous and among the top insurance agencies in India. This company was established in 2001. It offers various attractive motorcycle insurance plans to its customers. Claim settlement is easier and easier. They always offer the best approaches to the customer and help them to choose their best insurance policy.
2. Mahindra Insurance
Mahindra Insurance Agency was established back in the year 1985 that also popular among the best motorcycle insurance companies in India. This is an open-segment organization that offers various insurance plans for the customer. For this reason, the customer can choose the best one for them. The members of this company are quite helpful and always work actively on customer insurance claims.
1. Bajaj Allianz Insurance Company
Bajaj Allianz Insurance Company is the best private motorcycle insurance company in India. A reliable vehicle insurance company that was founded back in 2001. It offers various attractive insurance policies for motorcycle customers and easy insurance claim amount settlement to the customer. So, you can choose freely according to your requirements. It operates from Pune basically. However, offices are available in 200 cities in India with more than 3,500 employees. Also, the net income of this insurance company is ₹6 billion which explains its success.
