Last week, my bike insurance needed to be renewed. I understood I couldn’t afford to put things off because of the unpredictable monsoons and frequent commutes. As I researched my options, which included Acko and ICICI Lombard, I found that most people don’t realize how easy it is to check the status of bike insurance, renew plans, or understand terms like IDV and NCB. Regardless of whether you’re a working professional using your two-wheeler for daily commuting or a student using it for college, bike insurance is more than just a legal requirement; it’s your financial safety net.
What Is Bike Insurance and Why Is It Mandatory in India?
Bike insurance is a type of financial package that covers your two-wheeler’s loss or damage against theft, accidents, natural disasters, and more. India requires third-party bike insurance under the Motor Vehicles Act of 1988.
Types of Bike Insurance in India
| Insurance Type | Coverage | Ideal for |
| Third-Party Insurance | Covers damage to others | Legal compliance |
| Comprehensive Insurance | Covers own damage + third-party | Best for full protection |
| Standalone OD (Own Damage) | Only for own vehicle damages | Add-on to existing third-party |
Pro Tip: Engine Protect, Roadside Assistance, and Zero Depreciation are examples of add-ons that provide additional safety.
How to Check Your Bike Insurance Validity Online
There are numerous methods for checking the validity of bike insurance online, some of which are listed below.
Method 1: Via VAHAN Portal
- Go to https://vahan.parivahan.gov.in/
- Put in the registration number for your vehicle.
- Click on “Check Status.”
Method 2: Through Insurance Company Portals
- For example: log in to ICICI Lombard Bike Insurance to check the status of your policy.
- Policybazaar Bike Insurance: Use your email address or registered mobile number.
SMS or App
- Some insurers allow SMS check or app login.
How to Renew Your Bike Insurance Online (Even After Expiry)
Don’t worry if, like me, you missed the renewal date. The majority of insurers permit bike insurance renewals within ninety days of the policy’s expiration.
- Go to the website of your insurance provider (such as Bajaj Allianz Insurance Company, HDFC ERGO, or Tata AIG).
- Enter the registration number for your bike.
- Select your add-ons and coverage.
- Use a credit card, debit card, or UPI to make payments online.
- Get your policy right away.
Grace Period: You have time to renew your expired policy. Up to ninety days after expiration, some insurers permit renewals.
What Is IDV in Bike Insurance and Why It Matters
The maximum amount your insurer will pay in the event that your bike is stolen or completely demolished is known as the Insured Declared Value, or IDV.
How IDV Affects Premium:
- Greater IDV equals more coverage and a higher premium.
- Less IDV equals less payout plus a lower premium. Maintain equilibrium at all times.
I chose a mid-range IDV that was not just the cheapest premium but also represented the market value of my bike.
What Is NCB in Bike Insurance?
You can receive a discount on the cost of insurance for not filing an insurance claim around the policy year if you have a No Claim Bonus (NCB).
| No Claim Period | NCB Discount |
| 1 year | 20% |
| 2 year | 25% |
| 3 year | 35% |
| 4 year | 45% |
| 5+ year | 50% |
When you change insurance companies, don’t forget to transfer your NCB!
Best Bike Insurance Companies in India (2025)
Here are some top bike insurance providers in India.
- Acko Bike Insurance: Reasonably priced, online-first
- ICICI Lombard offers extensive coverage and a good network of garages.
- Tata AIG: High claim settlement ratio.
- RSA and engine protection, HDFC ERGO are examples of add-ons.
- SBI General Insurance offers competitive rates for used bikes.
- Trusted PSUs and private companies include Future Generali, Royal Sundaram, New India Assurance and IFFCO Tokio.
Confused About Bike Insurance? These FAQs Will Help
What is 3rd party bike insurance?
Third-party bike insurance protects against harm or damage your bike may cause to another person, car, or piece of property. In India, it is the most fundamental insurance that is required by law for all bike owners.
Which is better—Comprehensive or Third‑Party?
Comprehensive insurance provides more comprehensive coverage, including protection for your own bike against theft, accidents, natural catastrophes, and third-party liabilities. Comprehensive insurance offers you far greater value and peace of mind, even though third-party insurance is less expensive.
What is IDV in bike insurance?
The maximum amount that your insurer will pay in the event that your bike is stolen or completely destroyed is known as the insured declared value, or IDV. It shows the bike’s up-to-date market worth after depreciation.
What is NCB in bike insurance?
If, during the policy year, you do not file any claims, you will receive a discount on your premium known as the NCB, or No Claim Bonus. During consecutive years without a claim, it can drop by up to 50%, which will drastically lower your renewal premium.
What is Zero Depreciation Bike Insurance?
Zero depreciation coverage means that the insurance provider will not deduct any depreciation from bike parts when settling a claim. You receive the full claim value for replaced parts, which is great for new bikes or high-end models.
How much does 2‑wheeler insurance cost?
The cost has been decided by elements such as bike type, age, location, engine capability, and coverage (third-party versus comprehensive). Third-party plans range in price from ₹700-₹1,000/year to ₹1,200-₹3,000+ yearly.
How to check bike insurance validity online?
You can use the VAHAN portal or the website or app of your insurer to verify the validity of your bike insurance. To view the status and expiration of your policy, simply enter the registration number of your vehicle.
How to claim bike insurance?
To file a claim for bike insurance, contact your insurer immediately following the accident or damage. If necessary, file an FIR and then submit the claim form together with supporting papers such as the RC, license, and policy copy. The insurance will evaluate the bike, and if authorized, you can have it repaired at a network garage (cashless) or receive reimbursement later.
Conclusion: Choose What Works Best for You
Bike insurance is your financial safety net on routes prone to rapid changes, whether you ride a Royal Enfield, Activa, or Pulsar. Following the law is just one aspect of it; another is practical security. Acko, which has a simple digital process and affordable premiums, is presently competing with Tata AIG, which has a larger network of cashless garages and excellent customer service. Finally, as a rider, it all comes down to what is most important to you: low costs, comprehensive coverage, or comfort when it counts the most.
