SBI General Own Damage Bike Insurance

SBI General Own Damage Bike Insurance Policy – Key Features

Highlighted below are the critical features of SBI General own-damage bike policy:

*Disclaimer: The key features above are for reference purposes only. Please thoroughly review the policy wording if you wish to know the exact coverage details.

Why Choose SBI General Own Damage Bike Insurance?

Two-wheeler own-damage insurance policy is a must-have if you want to protect your bike from unforeseen expenses arising from road accidents, theft, natural and man-made disasters, etc. The SBI General OD bike insurance policy is separate from the mandatory third-party bike insurance policy and should be purchased in addition to it for extensive coverage.

The bike own-damage insurance comes with the following benefits:

• No Claim Bonus: The SBI OD bike insurance provides premium discounts for claim-free years, rewarding policyholders for maintaining a safe driving record.

• Cashless Repairs: SBI General Insurance Company facilitates cashless repairs through a network of authorised garages across India.

• 24*7 Customer Support: SBI General Insurance Company offers round-the-clock customer assistance, addressing any bike policy-related queries or support needs at any time.

Inclusions of SBI General Own Damage Bike Insurance

SBI General Own Damage (OD) bike insurance policy provides coverage for the following:

• Provides coverage for damages or losses caused by earthquakes, floods, lightning, and other natural calamities.
• Covers damages resulting from man-made events like riots, war, and terrorist attacks.
• Pays for repairs if your bike is damaged in an accident.
• Covers losses if your bike is stolen or intentionally damaged by someone.
• Includes protection against damages from spontaneous ignition or explosions.
• Covers damages incurred while your bike is being transported by rail, road, air, or elevator.

Exclusions of SBI General Own Damage Bike Insurance

The following are the exclusions of the SBI 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, registration certificate, or bike insurance online
• Excludes damages if the rider is under the influence of alcohol or other intoxicating substances.

How to Buy SBI General Own Damage Bike Insurance Online?

Here's how you can buy SBI General own-damage (OD) policy online:

• Step 1: Start by opening Policybazaar.com and hover on the 'Insurance Products' section in the top menu.
• Step 2: To proceed further, click on the 'Own-Damage Bike Insurance' option.
• Step 3: Enter the correct two-wheeler details and click 'View Prices'.
• Step 4: From the list of options, choose 'SBI General Own Damage Bike Insurance'. 
• Step 5: Type in the requested details correctly. 
• Step 6: Complete the purchase process by paying the premium online. Your policy will be sent to you via email. 

How to Raise SBI General Own Damage Bike Insurance Claims?

The process below will help you raise the SBI General own-damage two-wheeler insurance claim:

• Step 1: Inform your two-wheeler insurance provider immediately about the incident via email or phone call.
• Step 2: Download the claim form from the insurance company's website, fill it out accurately, and sign it.
• Step 3: Attach the required documents to the completed claim form and submit them to the insurance provider.
• Step 4: A surveyor will be allotted to assess the extent of damages to the insured vehicle.
• Step 5: The insurer will review the surveyor's assessment report and decide whether to approve or reject the claim request.
• Step 6: If your claim is approved, you can enjoy cashless repairs at any of the insurer's network garages. If you opt for repairs at a non-network garage, pay for the repairs upfront and submit the bills to the insurer for reimbursement.

Documents Required for SBI General Own Damage Bike Insurance Claim

Mentioned below are the documents you will require to initiate the SBI General bike insurance policy claim process:

• Correctly filled and signed claim form
• Registration Certificate (RC) of the motorbike
• Authentic SBI General OD policy document
• Copy of FIR report (if applicable)
• Driving Licence of the bike rider
• Any other documents requested by the insurer

FAQs About SBI General Own Damage Bike Insurance Policy