Reliance Own Damage Bike Insurance

Reliance Own-Damage Bike Insurance Policy - Key Features

The notable features of Reliance own-damage bike insurance policy are listed below:

*Disclaimer: The key features highlighted in the table above are for reference purposes only. To know the exact cover details, please go through the policy wording carefully.

Why Choose Reliance Own-Damage Bike Insurance?

Having a two-wheeler own-damage insurance policy is essential to cover unexpected expenses from road travel, such as accidents, theft, natural disasters, man-made disasters, and fire damage. This policy is separate from the mandatory third-party insurance policy and must be purchased along with it for extensive coverage.

The benefits of Reliance OD two-wheeler policy include the following:

• Cashless Repairs: Reliance General Insurance Company Limited has around 10,000 network garages, allowing you to get your bike repaired without paying upfront.
• Claim Process: The Reliance OD bike insurance claim process is quick and fully digital, requiring no paperwork.
• No Claim Bonus: If you do not make any claims during the policy period, you can get up to a 50% discount on your premium.

Inclusions of Reliance Own-Damage Bike Insurance

The Reliance OD bike insurance policy inclusions are listed below:

• Coverage from damage or losses due to floods, lightning, earthquakes, fires, etc.
• Covers losses if your bike is stolen or deliberately damaged by someone.
• Includes damages from spontaneous ignition or explosions.
• Covers damages from events like riots, vandalism, and terrorist attacks.
• Pays for repairs if your bike is damaged in an accident.
• Covers damages while your bike is being transported by rail, road, air, or elevator.

Exclusions of Reliance Own-Damage Bike Insurance

The below are the exclusions of Reliance own-damage two-wheeler policy:

• Damage to third-party vehicles or property is not covered.
• Does not cover injuries caused to other people in an accident.
• Excludes regular wear-and-tear of the bike.
• No coverage for mechanical or electrical breakdowns.
• Excludes damages if the motorcycle is used in ways not allowed by the policy.
• Does not cover damages if the rider does not have a valid driving license.
• Excludes damages if the rider is under the influence of alcohol or other intoxicating substances.

How to Buy Reliance Own-Damage Bike Insurance Online?

Follow these steps to purchase a Reliance own-damage bike insurance policy online:

Step 1: Open Policybazaar.com and navigate to the 'Insurance Products' section in the top menu.

Step 2: Pick 'Own Damage Bike Insurance' from the available options.

Step 3: Provide correct details of your two-wheeler and click on the 'View Prices' button.

Step 4: Select the Reliance own-damage bike insurance option from the list.

Step 5: Enter details in the required fields accurately.

Step 6: Complete the payment process online, and the policy document will be shared with you on your registered email ID.

How to Raise Reliance Own-Damage Bike Insurance Claims?

The process of raising an own-damage bike insurance claim is as follows:

Step 1: Immediately inform your bike insurance online provider about the incident via phone call or email.

Step 2: Download the claim form from the insurance company's website and fill it out accurately. Remember to sign the form.

Step 3: Attach the necessary documents with the form and submit the same to the insurance provider.

Step 4: A surveyor will be sent to assess the extent of damages to the insured vehicle.

Step 5: After reviewing the assessment report, the insurer will decide whether to approve or reject your claim request.

Step 6: If the insurer approves your claim request, you can enjoy the benefit of cashless repairs at any of the insurer's network garages. Alternatively, if you get your bike repaired at a non-network garage, pay for the repairs upfront and get the reimbursement later on submitting the bills.

Documents Required for Reliance Own-Damage Bike Insurance Claim

Listed below are the documents required for Reliance bike insurance claim process:

• Signed Claim form with correct details
• Copy of FIR report (if applicable)
• Registration Certificate (RC) of the insured vehicle
• Active policy of Reliance OD bike insurance
• Driving Licence (DL) of the person riding the bike at the time of road accident
• Additional documents, if any, requested by the insurance company

FAQs About Oriental Own-Damage Bike Insurance Policy