New Bike Insurance Online in Hyderabad, IndiaBuy or Renew Brand New Bike Insurance in Just 60 Seconds ⚡
Brand new bike insurance is a policy that protects your new two-wheeler against unexpected events like accidents, theft, fire, or natural disasters. It also covers damages or injuries caused to third parties by your bike. This insurance ensures that your new bike is financially protected from day one, giving you complete peace of mind.
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| Key Features | BimaStreet Advantage | |
|---|---|---|
1 | Bike insurance coverage | Covers damages due to accidents, theft, fire, and natural/man-made disasters |
2 | Third-party liability | Legally required coverage included |
3 | Own Damage (OD) Cover | Available with a comprehensive bike insurance policy |
4 | No Claim Bonus (NCB) | Discounts on premiums for every claim-free year |
5 | Personal Accident Cover | Coverage for owner-driver in case of disability or accidental death |
6 | Claim settlement | Fast, easy, and quick claim process with online tracking |
7 | Cashless repair service | Repairs at authorised network garages without cash payment |
8 | Claim Settlement Ratio (CSR) | High claim approval rate with trusted insurer partners |
9 | Buying/renewal | Instant online process for buying or renewing bike insurance |
10 | Paperless experience | 100% digital with minimal paperwork |
Buy a policy or file a claim anytime, from anywhere. No need to visit offices or stand in queues – everything is available online.
Purchasing bike insurance online is quick and simple. The entire process takes only a few minutes from the comfort of your home.
You can compare multiple bike insurance policies online, review coverage options, and choose what’s best for your new bike.
Renewing your policy online is hassle-free. You can also switch to better plans instantly without any paperwork or delays.
Here are the top reasons to insure your brand new bike with a proper bike insurance policy:
1
Accidents, theft, or natural disasters can lead to significant expenses. A bike insurance policy helps cover these costs, ensuring your bike is well-protected.
2
You can enhance your policy with add-ons like Zero Depreciation Cover, Roadside Assistance, Engine Protection, and more for added peace of mind.
3
It is mandatory under the Motor Vehicles Act to have at least third-party bike insurance. Riding without insurance can lead to heavy penalties or legal trouble.
4
Covers the owner-driver with financial assistance in case of accidental injuries or death.
5
Enjoy premium discounts during renewal if you have not made any claims in the previous policy year.
6
Whether you own a scooter, commuter bike, sports bike, or superbike this policy can be customized to safeguard your bike right from day one
A third-party bike insurance policy is legally required when you purchase insurance for new bike. It covers damages or injuries caused to other people, their vehicles, or property. However, it does not cover your own bike’s repair or loss.
If you want full protection for your brand new two-wheeler, go for a comprehensive bike insurance policy. It covers third-party liabilities and also your bike against accidents, theft, fire, natural disasters, and man-made events. This is one of the best ways to buy new bike insurance and secure your ride from day one.
With this policy, you can protect your bike from accidental damages, fire, or theft. It is perfect if you already have a third-party policy but want to extend coverage to your own bike. Many people buy new bike insurance online for quick OD coverage.
When you buy new bike insurance or renew your policy, you can enhance the coverage with add-ons. These add-ons are especially useful for brand new bike insurance, offering extended protection beyond the standard plan.
This is one of the most popular add-ons for insurance for new bike. It ensures you get the full claim amount without any deduction for depreciation on bike parts. If you own a new bike, Zero Depreciation is a must-have when you buy new bike insurance online.
While not a standalone bike insurance type, this add-on is mandatory by law. It provides financial protection for the owner-driver in case of accidental disability or death while riding. It is automatically included when you buy new bike insurance.
This add-on offers coverage for your pillion passenger in case of an accident. It provides up to ₹2 lakhs in compensation for permanent disability or death. It is a wise choice when purchasing bike insurance online for better safety.
If your brand new bike is stolen or damaged beyond repair, this cover ensures you receive the original purchase price (invoice value) instead of the depreciated value. It’s highly recommended for those opting for brand new bike insurance.
Covers up to ₹1000 for repairing or replacing your helmet if it’s damaged or stolen in an accident. When you buy new bike insurance, this add-on can be included for extra protection.
Safeguards your bike’s engine against damage due to water ingression, oil leakage, or mechanical breakdowns. This is an essential add-on for high-end bikes or while taking insurance for new bike.
Standard bike policies don’t cover nuts, bolts, oils, or consumables. With this add-on, these costs are included during claim settlement, making it a good choice when buying bike insurance online.
1
Whether it’s a commuter bike, sports bike, or cruiser, brand new bike insurance covers all bike types at affordable premiums. You can choose from comprehensive, standalone own-damage, or third-party plans when you buy new bike insurance online.
2
If you have a new or used scooter, having at least a third-party insurance policy is mandatory. Opting for insurance for new bike or scooter ensures financial protection against third-party damages while keeping you compliant with motor laws.
3
A moped, being a lightweight two-wheeler, is also eligible for coverage under a brand new bike insurance policy. It offers financial security against damages, theft, or third-party liabilities.
4
Electric two-wheelers powered by rechargeable batteries are also covered under bike insurance online. You can buy new bike insurance for electric bikes to safeguard against accidents, natural calamities, or theft.
| Comprehensive Car Insurance | Third-Party Car Insurance | |
|---|---|---|
 | Third-party liabilities | Covers damage to another person’s vehicle or property and injuries or death of a third party caused by your bike. |
| Accidental damages | Protects your bike from damages caused due to road accidents. |
| Fire disasters | Covers losses caused by fire, explosion, self-ignition, or lightning. |
| Natural disasters | Financial protection against floods, earthquakes, cyclones, and other natural calamities. |
| Man-made disasters | Damages caused by riots, protests, or terrorist activities are also covered. |
| Vehicle theft/total loss | Provides compensation if your bike is stolen or suffers total damage, ensuring peace of mind when you buy new bike insurance online. |
 | Electrical or mechanical breakdowns | Any damage caused by regular electrical or mechanical issues is not covered. |
| Driving under influence | Damages to your bike when driving under the influence of alcohol, drugs, or other intoxicating substances are excluded. |
| Wear and tear | Regular wear and tear or replacement of consumable parts is not covered under insurance for a new bike. |
| Inactive policy | Claims will be rejected if your brand new bike insurance policy has expired or is not active. |
| No valid license | Damages caused when riding without a valid Driving Licence are excluded. |
| Illegal activities | Accidents due to illegal acts like racing or reckless riding are not covered. |
| Outside geographical limits | Coverage is not applicable if the incident occurs outside India’s geographical boundaries. |
| Injury to policyholder | Rider’s injuries or death are covered only if a Personal Accident (PA) Cover is included. |
| War and nuclear risks | Any damage resulting from war or nuclear activities is excluded. |
Follow these steps to calculate the premium for your brand new bike:
The premium varies depending on the policy type. A comprehensive brand new bike insurance plan will cost more than a basic third-party policy, as it offers wider coverage.
The bike’s make, model, and variant play a significant role. A commuter bike will have a lower premium, whereas a sports or high-end bike will have a higher premium when you buy new bike insurance.
IDV is the current market value of your bike and determines the maximum claim amount. A new or premium bike with a high IDV will have a higher premium under brand new bike insurance.
A new bike usually has a higher premium compared to an older one because of its higher IDV. Hence, insurance for new bike is slightly costlier but provides complete protection.
You can get a discount on your premium during bike insurance renewal if you haven’t made any claims in the previous year. This No Claim Bonus can significantly reduce costs.
The geographical location affects the premium. For example, if you reside in a metro city where the accident risk is higher, the bike insurance online premium will be relatively high.
When you buy new bike insurance, the premium can vary based on several factors. By following these tips, you can save on your brand new bike insurance costs while still enjoying the right coverage.
A comprehensive policy for brand new bike insurance is costlier compared to a basic third-party plan. Analyze your coverage needs and choose the policy that offers adequate protection at the right price.
The IDV (Insured Declared Value) determines your premium. Knowing the accurate market value of your bike helps avoid paying for an inflated IDV, which directly reduces the premium when you buy new bike insurance online.
If you are confident about safe riding and fewer claims, choosing a voluntary deductible can lower the premium. It means you’ll pay a small part of the claim amount, while the insurer covers the rest.
Leverage the No Claim Bonus (NCB) during policy renewal. Even when switching providers, you can use the NCB to save money on your insurance for new bike.
Always renew your brand new bike insurance before expiry. A delay of more than 90 days can lead to losing NCB benefits, resulting in higher premiums.
If your bike has ARAI-certified anti-theft devices, insurers often offer discounts on the premium. This is a great way to save while buying bike insurance online.
1
When purchasing brand new bike insurance, check for add-ons like Zero Depreciation Cover, Engine Protection Cover, or Roadside Assistance. These add-ons offer extra protection for your bike against unforeseen events.
2
If you don’t raise any claims during the policy year, you are eligible for a No Claim Bonus (NCB). Make sure to use this discount when you buy new bike insurance online or during policy renewal to save on premiums.
3
Compare different policy types comprehensive, third-party, or standalone OD—to find the best insurance for new bike. Evaluating the coverage helps you choose a plan that perfectly matches your needs.
4
Always prefer the bike insurance online process over offline methods. It is faster, more convenient, and allows easy comparison of multiple plans before you make a purchase.
Buying brand new bike insurance from BimaStreet is quick, simple, and 100% digital. Follow these steps to get your policy instantly:
Raising a claim for your brand new bike insurance with BimaStreet is quick and hassle-free. There’s no need for lengthy paperwork just follow these steps to file your claim online:
You can easily buy new bike insurance online through BimaStreet by comparing plans, selecting add-ons, and making instant digital payments.
A comprehensive brand new bike insurance policy is recommended as it covers both third-party liabilities and own damage.
Premiums depend on factors like bike make/model, IDV (Insured Declared Value), location, coverage type, and selected add-ons.
Yes, you can enhance your insurance for new bike with add-ons like Zero Depreciation, Engine Protection, and Roadside Assistance.
Log in to your account, click on "Claim," upload damage images, and submit the request online for a quick cashless claim.
IDV (Insured Declared Value) is the current market value of your bike and directly affects the premium when you buy new bike insurance.
Yes, you can start earning NCB for each claim-free year after purchasing brand new bike insurance.
Yes, the NCB benefit can be transferred from your old policy to your insurance for new bike.
You can get your brand new bike insurance in just 60 seconds with BimaStreet’s fast and 100% digital process.
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Support mail: -
Claim mail: -
For Other Query: -
Phone Number: -
Corporate Office :-
Website approved by IRDA(Govt. of India),
ISNP Ref:
IRDA License Number:
Licensed on:
Valid Upto:
Disclaimer:
© 2026 - All Rights Reserved