Own Damage Bike Insurance

No. Own damage insurance for the bike and third-party cover are separate policies. You can buy them from different insurers as long as both remain active. However, choosing the same insurer can make renewal and claim coordination simpler.

Any bike owner with an active third-party insurance policy can buy own-damage bike insurance. The bike must have a valid registration certificate, and inspection may be required in some instances, especially for older vehicles.

A standalone od policy does not automatically include personal accident (PA) cover. Pa cover for the owner-rider is a separate requirement and must be purchased separately unless it is already included under another policy.

No claim bonus is applied at the time of renewal after each claim-free year. If a claim is made during the policy period, the NCB for the next renewal may be reduced or lost, as per the applicable terms.

Yes. Two-wheeler own damage insurance can be renewed independently, provided you already have an active third-party policy. The renewal dates for od and third-party covers do not need to match.

Minor scratches are technically covered, but they are rarely claimed because repair costs may be lower than the deductible. Claiming for such damage can also affect your no claim bonus, so it is generally advisable to reserve claims for significant repairs.

No. A standalone own damage insurance two-wheeler policy cannot be purchased unless you already have an active third-party liability policy, as third-party cover is mandatory under Indian law.

Yes. You may opt for different insurers for OD and third-party covers based on pricing, features, and service quality. Ensure both policies remain active to maintain complete protection.

Yes. You can request cancellation of the od policy mid-term by submitting relevant documents, such as proof of alternate cover or the vehicle's sale. Refunds, if applicable, are processed as per the insurer’s cancellation policy and may be subject to deductions and claim history.