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New India Assurance Comprehensive Bike Insurance
A comprehensive bike insurance plan is a highly effective two-wheeler insurance policy that includes every aspect at the time of claim. Unlike standard two-wheeler plans or the own damage insurance plan, New India Assurance comprehensive bike insurance enables the insurance holders to cover all the types of damages that can occur to your bike, be it involving any third party or personal damage.
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New India Assurance Bike Insurance
- New India Assurance Comprehensive Bike Insurance
New India Assurance Comprehensive Bike Insurance Vs. Third-Party Bike Insurance
| Difference | Comprehensive bike insurance | Third-party bike insurance |
| Meaning | Comprehensive Bike insurance is an insurance plan that manages to cover both the third-party liability caused by the insured, the two-wheeler and the own damage loss in an unforeseen mishap or accident. | Third-party bike insurance is a basic insurance plan mandatory for all bike insurance holders. |
| Coverage and add-ons | The coverage includes damage and loss of the third party and the owner. It also includes zero depreciation, roadside assistance, etc. | It only covers the basic third-party coverage. The insurance doesn’t come with extra benefits or coverage. |
| Requirement | Comprehensive bike insurance is not mandatory. However, it's primarily suggested | All riders must have third-party insurance. |
| The premium cost | The premium amount for comprehensive bike insurance is higher due to its wide coverage at the time of claim. | Third-party bike insurance has restricted coverage at the time of claim, and therefore the premium amount is relatively low. |
What is covered under comprehensive bike insurance benefits?
New India Assurance comprehensive bike insurance covers a wide range of losses and damages in case of accidents, natural calamities, theft, etc. However, the premium amount is higher as compared to other standard bike insurance plans.
The major areas that the comprehensive bike insurance plan covers are:
- The insurance will protect the insured two-wheeler by covering all the damages caused during an accident or a mishap.
- The insurance also protects the two-wheeler in situations of both man-made and natural calamities.
- The comprehensive insurance plan provides relief in all sorts of man-made calamities, theft, acts of terrorism, floods, mishaps, strikes, etc.
- If the insured two-wheeler is damaged in fire or explosions, comprehensive bike insurance also provides coverage for the bike's maintenance and repair.
- Third-party liability is also easily covered as an add-on to the comprehensive bike insurance plan along with zero depreciation.
Explore New India Assurance Bike Insurance
New India Assurance Comprehensive Bike Insurance Benefits
A rider with comprehensive bike insurance from New India Assurance Company doesn't have to go through the headache of expenses and services. The insurer is liable to make sure all aspects of the damage are duly covered. The benefits of high premium insurance like comprehensive bike insurance are a lot. Some of them are:
- Coverage for both own damage and third-party
The premium amount of a comprehensive insurance plan allows the claim to be very effective. The coverage repairs and maintains the insured two-wheeler and ensures that the third party gets the due for the loss. - Protects from all kinds of accidents and mishaps
The insurance doesn’t have any restrictions on the type of damage the insured two-wheeler went through. It covers all kinds of losses and damages, including man-made calamities and natural disasters. - Covers the pillion rider
The plan also makes sure that the pillion rider is also served at the time of claim. A pillion rider cover is an add-on cover that can be included in the comprehensive bike insurance plan to secure the pillion rider in case of an accident. - Multiple add-on covers
The add-on covers that can be included in the comprehensive bike insurance have a lot of options. A rider can select the right ones that can be of help during the claim. These add-on covers are zero depreciation, no-claim bonus, pillion rider cover, third-party liability, and many more.
FAQs
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Q. What are other bike insurance plans except for comprehensive bike insurance?
Ans: The other basic two-wheeler insurances are third party bike insurance and own damage bike insurance. They manage to cover the basic coverage of third parties and the owner's bike.
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Q. What are the benefits of a New India Assurance bike insurance claim?
Ans: In the event of a mishap involving your two-wheeler, a bike insurance claim can help you get financial assistance from the insurer. The coverage received from the bike insurance can help you get your bike repaired or it can cover for any type of losses that your bike might have suffered.
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Q. How to buy New India Assurance comprehensive bike insurance?
Ans: You can buy bike insurance from New India Assurance Company either online or offline.
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Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
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Read more^The renewal of insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for a transaction may vary subject to additional data requirements and operational processes.
^The buying of Insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for transaction may vary subject to additional data requirements and operational processes.
#Savings are based on the comparison between highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.
*TP price for less than 75 CC two-wheelers. All savings are provided by insurers as per IRDAI-approved insurance plan. Standard T&C apply.
*Rs 538/- per annum is the price for third party motor insurance for two wheelers of not more than 75cc (non-commercial and non-electric)
#Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.
*₹ 1.5 is the Comprehensive premium for a 2015 TVS XL Super 70cc, MH02(Mumbai) RTO with an IDV of ₹5,895 and NCB at 50%.
*Rs 457/- per annum is the price for the third-party motor insurance for private electric two-wheelers of not more than 3KW (non-commercial).The list of insurers mentioned are arranged according to the alphabetical order of the names of insurers respectively.Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. The list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
