Oriental Own Damage Bike Insurance

Oriental Own-Damage Bike Insurance Policy – Key Features

The table below focuses attention on the critical features of Oriental OD bike insurance policy:

*Disclaimer: The key features in the table above are only for reference purposes. For exact coverage details, please refer to the policy wording.

Why Choose Oriental Own-Damage Bike Insurance?

Oriental OD two-wheeler insurance policy provides financial coverage for your bike against various risks, including accidents, theft, natural disasters like earthquakes or floods, man-made disasters such as vandalism, and fire damage. By combining Oriental own-damage insurance with mandatory third-party insurance policy, you get comprehensive protection for your bike. 

The following are the benefits of choosing an Oriental own-damage two-wheeler insurance policy:

• Comprehensive Coverage: Oriental OD policy offers extensive protection for your bike, covering various scenarios that can cause damage or loss.
• Easy Claims Process: The Oriental Insurance Company Ltd. is known for its hassle-free and quick claims process, making getting back on the road easier.
• Customisation Options: By adding any of the available add-ons, you can customise your two wheeler insurance to fit your specific needs.

Inclusions of Oriental Own-Damage Bike Insurance

The own-damage bike insurance by Oriental Insurance Co. Ltd provides coverage for the following instances:

• If your bike is damaged due to a fire or an explosion, it's covered.
• Any damage to your bike from accidents is included.
• Your bike is protected against damage from natural and man-made disasters like floods, earthquakes, riots, or wars.
• If your bike is stolen or vandalised, the OD insurance policy will cover it. 

Exclusions of Oriental Own-Damage Bike Insurance

Following are the events that are not covered under Oriental OD two-wheeler policy:

• This policy does not cover damages or injuries to third parties or their property.
• The natural decrease in the bike's value over time is not covered.
• Accidents that happen outside the geographical area specified in your policy document are not covered.
• Accidents that occur while you are driving under the influence of alcohol.
• Breakdowns due to mechanical or electrical issues are not included.

How to Buy Oriental Own-Damage Bike Insurance Online?

Follow these steps to purchase a standalone Oriental bike insurance policy online:

• Step 1: Visit Policybazaar.com and select the 'Insurance Products' option in the top menu.
• Step 2: Select 'Own-Damage Bike Insurance' from the list of available options.
• Step 3: Accurately enter your two-wheeler details and click on the 'View Prices' button.
• Step 4: Select the Oriental own-damage bike insurance option. 
• Step 5: Fill in the necessary details correctly to proceed further.
• Step 6: Complete the premium payment online, and the policy document will be sent to your registered email address.

How to Raise Oriental Own-Damage Bike Insurance Claims?

In order to raise Oriental own-damage bike insurance claim, follow the steps mentioned below:

• Step 1: Inform your insurance provider about the incident.
• Step 2: Download the claim form from the insurer's website, complete it accurately, and sign it.
• Step 3: Submit the completed claim form to the insurance provider and the necessary documents.
• Step 4: The insurance company will send a surveyor to evaluate the damages to your bike.
• Step 5: The surveyor will send the assessment report to the insurance provider, who will then review and decide to approve or reject your claim.
• Step 6: If the insurance company approves your claim, you can get cashless repairs at any of the insurer's network garages. If you choose a non-network garage, pay for the repairs yourself and then submit the bills to the insurer for reimbursement.

Documents Required for Oriental Own-Damage Bike Insurance Claim

To file an Oriental own-damage bike insurance claim, the following documents are required:

• Correctly filled out and signed claim form
• Copy of the FIR (if applicable)
• Registration Certificate (RC) of the two-wheeler
• Original OD bike insurance policy document
• Driving Licence (DL) of the rider
• Any other documents requested by the insurer

FAQs About Oriental Own-Damage Bike Insurance Policy