Two Wheeler Insurance

Types Of Two Wheeler Insurance Plans We Offer

We offer two types of bike insurance plans, and a bouquet of add-on covers. Choose the right two-wheeler insurance plan and opt for the coverage based on your requirements. 
For New Bike: It is 5 year TP, 1year OD + 5year TP, and 5year OD + 5year TP. 
For Old Bike: 1 year TP, 1 year OD + TP, 2year OD, 2 year OD + 2year TP, and 3 year TP + 3 year OD.

• Natural Disasters

  • Damage sustained due to floods, earthquakes, cyclones, etc.

• Manmade Disasters

  • Losses caused by fire, terrorism, riot, strike, etc. are included. Don’t worry about the thieves in your neighbourhood as theft too is covered under two wheeler insurance policy. 

• Accidents on Road

  • Losses/Damages from road accidents..

• Personal Accident Cover for owner-driver

  • Two wheeler insurance provides coverage to bike’s owner-driver in case of injury or death from a road accident 

• Third-Party liability

  • Losses/damages to properties or bodily injuries caused to third-party are covered under two wheeler insurance policy if the accident occurs due to your bike/scooter.

• Driving under intoxication

  • Damages caused to the bike if you or anyone else was caught driving under the influence of drugs or alcohol at the time of accident is not covered under two wheeler insurance.

• Regular wear and tear

  • After a period of time, the vehicle is bound to face regular wear and tear as well as losses due to depreciation of vehicle. These aren’t covered under two wheeler insurance policy.

• Illegal Activity

  • Losses/Damages that occur if found driving underaged/without valid license will not be covered under two wheeler insurance.

• Commercial Activity

  • Driving your private vehicle for commercial purposes.

• Other reasons

  • An expired policy, consequential damages, electrical and mechanical failure, staged accidents, and driving outside geographical limits are other reasons for bike insurance claim rejection.

Convenience

If you are pressed for time or want to buy an instant two wheeler policy, the online facility can come to your rescue. As long as you have internet, you can purchase or renew your bike insurance policy from your desktop, laptop or smartphone in a few clicks.

Easy Process

You just have to log onto Bharti AXA website, enter your personal details, select the two wheeler insurance policy you want to buy or renew and make the online payment. The policy will be delivered to your mailbox instantly in PDF format. You can get the bike insurance policy without undergoing any documentation or inspection process.

Various Policy Options

You can easily compare various two wheeler insurance policies in terms of their benefits, features and add-on online. You can make an informed decision about bike/scooter insurance renewal and purchase.

Different Modes Of Payment

You can buy two wheeler insurance online by paying via credit card, debit card, net banking and e-wallets. The secure payment gateways eliminate risks of fraud.

Lower Premiums

Since you are completing entire two wheeler insurance policy purchase/renewal process online, the insurance company saves cost on paperwork and other administrative formalities. The saving on these costs is passed on to the customers in the form of lower premiums. Online bike insurance policies also offer various discounts and offers, which reduce the premium amount further. The two wheeler insurance premium calculators available on the websites of insurance companies can help you to understand how bike insurance premium will change if you customize the policy to your requirements.

Quick Assistance

It is quite possible that you need help understanding bike insurance policy terms or features, or have several queries. You can easily and quickly seek support from the two wheeler insurance company by signing into online chat rooms. Your doubts will be answered within no time.  

Comprehensive Two Wheeler Insurance

This type of two wheeler insurance provides coverage to you and your two-wheeler called own-damage or OD, as well as third-party liability. It provides financial protection against losses caused by accidents, thefts and natural disasters. You should get comprehensive two wheeler insurance policy for a 360-degree cover.

The OD premium would vary depending on your two wheeler’s cubic capacity, make-model, year of manufacture, engine capacity, and geographical location.

Note: Both the third-party liability and comprehensive cover plans also include the compulsory personal accident cover for owner-driver with a premium of particular amount, for which the owner-driver is liable to receive a sum assured amount of Rs. 15 lacs in case of:

Third-Party Liability Coverage

This type of two wheeler insurance provides coverage for only third-party injuries as well as their damaged property. This is the minimum two wheeler insurance cover that you need to get as per the Indian Motor Vehicle Laws. However, remember that this plan does not cover you against damage to your own scooter/motorbike or any injuries that you may sustain. 

The base premium for third party liability insurance depends on the cubic capacity of the two wheeler’s engine. The Insurance Regulatory & Development Authority of India (IRDAI) revises the rates for base premium every year. As per the recent guideline by Insurance Regulatory and Development Authority of India, insurers are directed to offer five year third party liability for new two wheelers. Hence, the policy for a new two wheeler vehicle will cover the TP premium for 5 Years. 

As of 16th June 2019, the third party insurance premium rates are as mentioned below:

For Electric Two Wheelers

Note: There is compensation up to Rs1 lakh for third-party property damage for a two wheeler. If there is a case of injuries/death, it will be taken into the court tribunal.

What Is Two Wheeler Insurance

A small misjudgement on the road can lead to a major accident. Two wheeler insurance covers you from the damages to your scooter and motorbike in such a situation. It also covers you against any injuries that you may sustain while riding your bike. The two wheeler insurance policy will also pay for any third-party damages caused by your two-wheeler in an accident. That is not all; your bike insurance will also protect you against financial losses from damage or loss of your two-wheeler because of a theft or a natural disaster. While you may be a cautious rider, lot of situations are out of your hand. You cannot predict when a natural disaster may occur or a manmade disaster catches you unaware.

A road accident can happen at any time leading to not just damage to your bike but also injury to you or by-standers. Your two-wheeler is at risk both on and off road. Your bike insurance policy protects you against all such incidents. Further, the Motor Vehicle Act, 1988, mandates that all scooters/motorbikes on public road get at least third-party two wheeler insurance. By paying a reasonable premium towards your two wheeler insurance policy you ensure the safety of your scooter/motorbike, yourself, and any third-party property and life as well. All you have to do in the hour of need is reach out to your insurer, and be assured that you will find the financial support you need.

Long-term policy for old bike is for a period of one year, whereas for a new car the owner has to mandatory buy 3 years compulsory TP with an option of 1 year OD or a 3 years OD This policy covers the damages that your vehicle has incurred because of some accident.
You may wonder what is NCB? Well, NCB or No Claim Bonus is the additional benefit that the insurer gets in case he does not make any claim. NCB in two wheeler insurance policy gets reduced, but it does not become nil after one claim whereas in other policies No Claim Bonus becomes nil after the first claim. The slab for No Claim Bonus differs from other short-term policies. There are some insurance providers who offer the same NCB discount to their first-time customer as they have earned at the previous policy company. 
 

Once the receipt  of all the relevant two wheeler insurance claim documents along with original repair invoice & satisfaction voucher/discharge voucher & NEFT details is received, the claim settlement process will be initiated by the insurance company. This process will take 7 working days. 

Within one working day from claim intimated to our call centre, except cases reported at remote locations. The necessary documents for two wheeler insurance claim need to be submitted to the surveyor/local insurance office.

Place the vehicle in any of our cashless tie-up garage or at authorized garage of your own choice (here cashless payment would get reimbursed to the insured). 

1) Original claim form duly filled and signed by the insured (CO’s seal need to be affixed in case the insured is a Firm/Company)

2) Registration Certificate & Driving License of the person driving at the material time of accident duly attested by the insured only. However surveyor may wish to verify the originals even based on merit of the said case.

 (a) In case where the smart card or RC certificate is yet not been issued by the MV Department, then the RTA receipt for new registration, Purchase invoice, & Delivery Challan required.

(b) For few odd cases where the Registration Certificate issuance been delayed for more than the stipulated time period there the RC particular may require.

3)  True copy of Police report / FIR, in case of any Injury to occupants or Third Party; Total or Partial Theft; Property Damage & Malicious activity

4) If, in case there is an involvement of injury/death/property damage, there relevant documents are also to be submitted.

5) Satisfaction voucher (in case vehicle repaired at cashless garage).

6)  Bill/Money Receipt; NEFT Details (Cancelled Cheque/ Bank Mandate) & Discharge Voucher for reimbursement cases in favour of the insured

7)  For total theft cases, all the original vehicular documents along with both the original keys.

8) Self-Attested copy by insured of Fitness Certificate/Permit/Load Challan (if vehicle been loaded)

For All Commercial Vehicle Claims, original documents need to be produced for verification & return.

Document Required for Theft Claims (Partial / Total)

1) Partial Theft:

a. All documents as mentioned above except Driving Licence (Refer point: 3).

b. For theft recovery vehicle, the theft recovery memo issued by police need to be furnished.

2) Total Theft:

a. All the documents mentioned above except Driving License / Bill & Money Receipt (Refer point 3).

b. All original vehicular documents along with both the original keys (original cabin key for commercial) c. Original letter issued to RTO intimating Theft & request for waiver of tax.

d. Certified copy of police final report & FIR  

e. If vehicle is under hypothecation, the current loan ac statement

f. Form 28 (4 copies) & Form 29 & 30 (2 copies each) duly signed by insured

g. Subrogation & Indemnity Bond from insured.

h. In case of Payment to (If Vehicle is under Hypothecation)

(i)  Insured: Original NOC & Form 35 issued by the financer (duly singed by insured)

(ii)  Financer: Request Letter from the Financer mentioning the loan Ac details / Written consent from the insured to release payment in favour of Financer/ Original NOC & Form 35

i. Acknowledged copy of letter to MV Department & police station intimating full & final settlement by the insurer (Format may to be availed from the Local Br.)

You can visit to our website (www.bharti-axagi.co.in) to download the two wheeler insurance claim form and also get policy wordings. You can also see the list of our network garages in your area. 

• Policy Number
• Vehicle Registration Number & Chassis / Engine number
• Caller details/relation with insured / Contact no. of the insured
• Date / Time & Place of the incident/ accident
• Detail description of the incident/ accident. 
• Loss type whether Own damage/Theft/TP/TPPD/PA Claim
• Whether any injury involved into this accident
• If the incident been reported to police then GD / Case No or FIR No 
• Driver Name (As per the details mentioned in the driving license) & Driving Licence number 
• The call centre will then provide with a unique number as Claim No. which will be used for all future correspondence    
   

• Bike Insurance claim should be reported on immediate basis after the incident/accident. However priority must be given for self-safety & medical assistance (if required).
• For Total Theft Claims, the intimation to Police & Insurance Company should be given within 24hrs. 

For any delay in claim registration beyond 48 hours of incident/ accident the insured should furnish the two wheeler insurance company with detail clarification in writing. Insurance company will not stand responsible to cover any kind of aggravation of loss happened due to delay in claim registration or vehicle is not produced for survey.
 

Two-wheeler insurance claim covers the Cashless Claim and Reimbursement Claim. It is the same as the claim in car insurance. The cashless claim is where the insurance provider pays for the damage caused to the two-wheeler in an accident. The insurer needs to repair his/her two-wheeler at the network garage of the insurance provider, whereas Reimbursement-Claim or Non-Cashless is where the insurer pays for the damage caused to the two-wheeler in an accident. After the payment is made, the policyholder is required to submit the receipt or bill to the insurer. If the policyholder is entitled, the provider makes a reimbursement claim. In reimbursement claim, the policyholder can get his two-wheeler repaired in any garage. Reimbursement Claim is usually made at the time of the accident; it is made only after the policyholder has already paid for the expenses. The insurer checks the costs incurred for the repair. The policyholder needs to provide valid documents. Otherwise, the insurer may reject the claim. 

It is important to understand that claims are not the only factors that affect premiums. However, it is one of the factors, but there are other factors such as nature of policy, model of the vehicle, etc. Therefore, it is not a surety that your premium will or will not change after you file a claim. 

The first two-wheeler insurance claim process includes a few steps. The policyholder needs to contact your insurer within the 24 hours of the accident. The insurer will ask you to submit the documents that are required to make a claim valid. Only after verifying the documents and considering the eligibility for claim; your 2-wheeler will be sent to the network garage to evaluate the expenses. If it is found that oversight was made on your part, then the insurer may ask you to pay the excess amount. The insurer will not disburse the amount for your bike or two-wheeler if the repairing expense exceeds the actual value. Please note that you cannot claim for the insurance if you go to the local garage that is not approved by the insurer. The insurance is valid for the vehicles that are damaged because of an accident or natural disasters. The insurance is not for the damage that is caused intentionally.

1. Original Claim form duly filled and signed by the insured (CO’s seal need to be affixed in case the insured is a Firm/Company)

2. Registration Certificate & Driving License of the person driving at the material time of accident duly attested by the insured only. However surveyor may wish to verify the originals even based on merit of the said case.

•            In case where the smart card or Rc certificate is yet not been issued by the MV Dept, then the RTA receipt for new registration, Purchase invoice & Delivery Challan required.

•            b. For few odd cases where the Registration Certificate issuance been delayed for more than the stipulated time period there the Rc particular may require.

3. True copy of Police report / FIR, in case of any Injury to Occupants or TP ; Total or Partial Theft ; Property Damage & Malicious activity.

4. If, in case there is an involvement of injury / death / property damage, there relevant docs. are also to be submitted.

5. Satisfaction voucher (in case vehicle repaired at cash less garage).

6. Bill / Money Receipt ; NEFT Details (Cancelled Chq. / Bank Mandate) & Discharge Voucher for reimbursement cases infavour of the insured.

7. For total theft cases, all the original vehicular documents along with both the original keys. Additional documents required for commercial vehicle:

8. Self-Attested copy by insured of Fitness Certificate / Permit / Load Challan (if vehicle been loaded)

9. For All Commercial Vehicle Claims, original documents need to be produced for verification & return. Document Required for Theft Claims (Partial / Total)

1) Partial Theft:

a. All documents as mentioned above except Driving License , Refer point: 3.

b. For theft recovery vehicle the theft recovery memo issued by police need to be furnished. 2) Total Theft:

a. All documents as mentioned above except Driving licence / Bill & Money Receipt, Refer point: 3.

b. All original vehicular documents along with both the original keys (original cabin key for commercial)

c. Original letter issued to RTO intimating Theft & request for waiver of tax.

d. Certified copy of Police Final Report & FIR.

e. If vehicle is under hypothecation, the current loan ac statement.

f. Form 28 (4 copies) & Form 29 & 30 (2 copies each) duly signed by insured.

g. Subrogation & Indemnity Bond from insured.

h. In case of Payment to (If Vehicle is under Hypothecation):

i. Insured: Original NOC & Form 35 issued by the financer (duly singed by insured).

ii. Financer: Request Letter from the Financer mentioning the loan Ac details / Written consent from the insured to release payment in favour of Financer/ Original NOC & Form 35. iii. Acknowledged copy of letter to MV Dept. & Police Station intimating full & final settlement by the insurer (Format may to be availed from the Local Br.).

Refer our website to download the Claim Form and also get the Policy Wordings. Please visit to our website (www.bharti-axagi.co.in) for our tied-up garages.

Follow are the documents that need to be kept handy while registering bike insurance claim

• Policy Number. 
• Vehicle Registration Number & Chassis / Engine number. 
• Caller details/relation with insured / Contact no. of the insured. 
• Date / Time & Place of the incident/ accident. 
• Detail description of the incident/ accident. 
• Loss type whether Own damage/Theft/TP/TPPD/PA Claim. 
• Whether any injury involved into this accident. 
• If the incident been reported to police then GD / Case No or FIR No. 
• Driver Name (As per the details mentioned in the driving license) & Driving Licence number  
• Current Vehicle Location & if yet not placed with any garage then enquire about garage preference. 

The call centre will then provide with a unique number as Claim No. which will be used for all future correspondence.

• Bike Insurance claim should be reported on immediate basis after the incident/accident. However priority must be given for self-safety & medical assistance (if required).
• For Total Theft Claims, the intimation to Police & Insurance Company should be given within 24hrs. 
• For any delay in claim registration beyond 48 hours of incident/ accident the insured should furnish the two wheeler insurance company with detail clarification in writing.
• Insurance Company will not stand responsible to cover any kind of aggravation of loss happened due to delay in claim registration or vehicle. is not produced for survey.
   

Claim should be intimated to our call centre (Toll Free: 1800-103-2292) OR E-Mail us at claims@bhartiaxa.com

Once the receipt  of all the relevant two wheeler insurance claim documents along with original repair invoice & satisfaction voucher/discharge voucher & NEFT details is received, the claim settlement process will be initiated by the insurance company. This process will take 7 working days. 

Voluntary excess is the extra amount over and above the compulsory excess. Voluntary excess is your option to opt for bearing a certain amount of loss from every claim. For this option, you are eligible for a discount on Own Damage Premium (ODP) as listed in the table below:

It is the amount which insured has to bear for each and every claim. It is levied as mentioned in the table below:-

The Insured will be covered for any liability arising from any accident caused by or arising out of the use of the private two wheeler in respect of:

• Death or bodily injury to third parties (unlimited liability)
• Damage to the third party property (minimum of Rs.6000/- and max of Rs.7,50,000)
   

Can other accessories be insured?

Accessories can be insured under a two wheeler insurance policy with an additional premium. In case these are factory fitted they are automatically insured under the policy however insured needs to insure them separately if those are installed later. Insured will have to pay additional premium to cover the accessories in two wheeler insurance policy.

The following events or losses are not covered in two wheeler insurance policy:

• Mechanical/ Electrical breakdown
• Wear and tear, ageing of vehicle
• Consequential loss*
• Depreciation
• Deliberate accidental loss
• Intoxicated driving
• Any contractual liability
• Damage to/ by a person driving any vehicle without a valid license

*Consequential loss is an indirect loss, which is not directly resulting out of a loss event, but arising as a consequence of loss event. For example, Mr. Singh was on his way to office for an important meeting with client. Unfortunately, his vehicle met with a road accident resulting in damages to the vehicle and it consumed lot of his time. Due to this, he could not attend the meeting resulting in loss of approx 15 Lakhs. Damages to two wheeler due to the accident are covered, but the loss of 15 Lakhs is consequential and hence not covered.

Your two wheeler can be used for social, domestic and pleasure purposes and also
for business purposes excluding the carriage of goods other than samples by you
or your employees. Bharti AXA two wheeler insurance policy will protect you against any loss or damage to the two wheeler and its accessories during the following events:

• Fire, explosion, self-ignition or lightning
• Burglary, housebreaking or theft
• Riot or strike
• Earthquake (fire and shock damage)
• Flood typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost
• Accidental external means
• Malicious act
• Terrorist activity
• Whilst in transit by road, rail, inland, waterway, lift, elevator or air
• Land slide, rock slide
   

Two-wheeler insurance claim covers the Cashless Claim and Reimbursement Claim. It is the same as the claim in car insurance. The cashless claim is where the insurance provider pays for the damage caused to the two-wheeler in an accident. The insurer needs to repair his/her two-wheeler at the network garage of the insurance provider, whereas Reimbursement-Claim or Non-Cashless is where the insurer pays for the damage caused to the two-wheeler in an accident. After the payment is made, the policyholder is required to submit the receipt or bill to the insurer. If the policyholder is entitled, the provider makes a reimbursement claim. In reimbursement claim, the policyholder can get his two-wheeler repaired in any garage. Reimbursement Claim is usually made at the time of the accident; it is made only after the policyholder has already paid for the expenses. The insurer checks the costs incurred for the repair. The policyholder needs to provide valid documents. Otherwise, the insurer may reject the claim. 

The cashless claim is a facility offered to the policyholders by the insurance company for easy and quick claim settlement process. If your vehicle needs repairs due to damages caused by an accident, you can take it to any network garage of the insurance provider. The garage will repair your vehicle and charge the bills directly to the insurance company without you requiring paying the cash up front. 

The premium of scooter/two wheeler insurance depends on several factors:

• IDV: Higher the IDV, the higher premium. 
• Scooter/Bike Model: The two wheeler brand, model, engine capacity and type of fuel used also affect the premium amount. For instance, if it is an expensive, high-end model, it will fetch a higher premium.
• Purpose of Vehicle: If you are using the scooter/bike for long-distances, obviously there would be more wear and tear. So, the premium will be high. On the contrary, the premium will be lower for vehicles used to travel for personal reasons or short-distances.
• Owner-rider: The age, occupation, driving experience, lifestyle habits and past driving record also affect the premium. 
• Security Devices: You can get up to 2.5% discount on own-damage premium if your two wheeler is installed with anti-theft devices approved by the Automotive Research Association of India (ARAI).
   

No-Claim Bonus (NCB) is the discount that an insurance company offers to the policyholders if they do notraise a single claim during the policy period. The policyholder can accumulate up to 50% NCB discount on renewal premium for every claim-free year till 5 years.

Third-party insurance provides financial coverage to the rider-owner against any legal liability that arises out of bodily injury, death, or permanent disability to a third-party or any damage to their property. This is compulsory and minimum insurance that every two wheeler owner has to purchase as per the Motor Vehicles Act, 1988.

The Insured Declared Value (IDV) refers to the maximum sum assured determined by the insurance company. This is the amount that you would get in case your scooter/bike is stolen or damaged. 

It is always advisable to purchase or renew scooter/two wheeler insurance only from established insurance providers. Bharti AXA provides two wheeler insurance that meets up to your requirement. No matter what your two wheeler brand, model or make is, you can rest assured that Bharti AXA will meet all your insurance needs. When you buy scooter/bike insurance online from Bharti AXA, you can avail the following benefits:

• Financial protection against losses due to damaged or stolen  two wheeler vehicle 
• Hassle –free claim settlement process with a network of 3800+ cashless repairers
• 24/7 claim support excellent customer service
   

If you sell your bike to another person, the two wheeler insurance policy can be transferred in the name of the buyer. The buyer (transferee) has to apply for transfer of bike Insurance with us, within 14 days from the date of transfer of the vehicle in his name. If you want to substitute another two wheeler of your in this policy, the policy will not be transferred to the buyer. The buyer (transferee) has to buy fresh bike insurance.

The IDV of two wheeler is to be fixed based on the manufacturer's listed selling
price of the brand and model, as the vehicle proposed for insurance at the commencement  of insurance/ renewal and adjusted for depreciation. The schedule of depreciation for arriving at IDV is a below::

The discounts are on No Claim Bonus offered on two wheeler insurance.

The online advantage enables you to buy the policy through web instantly, save time
and save money. You can calculate your two wheeler insurance premium online and buy with the same quote within seven days. You can enjoy hassle free buying without
any paperwork. You can buy Bharti AXA two wheeler insurance policy online using
credit/debit card or net banking.
 

The law in the country makes it compulsory to insure your two-wheeler. The compulsory nature of the law protects you against third party liability. Two wheeler insurance protects this asset and helps you in coping with the financial loss caused by accidents, damage, or theft. Another reason is that while driving, you are responsible for the safety of:

• Your passengers
• Your fellow drivers
• Other people's property
• Pedestrians
• Yourself

Two wheeler insurance helps cover the costs of potential damages or injuries in case of an unforeseen accident or theft.

Most people tend to forget the renewal dates of their two wheeler insurance policies. In spite of reminder emails and alerts from the insurance company, they may still fail to renew it on time. The good news is that you can now buy two wheeler insurance for 2 and 3 years at a stretch. You can also do two wheeler insurance renewal online for these many years. Also, according to the latest announcement from IRDAI following a Supreme Court order, it is mandatory for scooter/bike owner to buy long-term third party insurance. The benefits of buying a long-term policy are:

•            More Savings

IRDAI revises third-party premiums every year. The hike in premiums can cost you more. However, a long-term policy saves you from this hike. What is more, you even get a discount of 10% and 20% on 2 &3-year policies.

•            Long-Term Protection

You can have a peace of mind on-road and off-road knowing that you and your vehicle are protected for 2-3 years. The insurance company gives you a single policy document with a straight validity of 2-3 years.

•            Avail Better NCB discounts

Even if you make a single claim, NCB becomes zero percent in a single-year policy. However, in a long-term policy, NCB reduces to the previous percentage slab and does not become nil in spite of making a claim.

•            No More Yearly Renewals

There is a huge risk to your life and vehicle if you drive it during the policy lapse period. 2 &3-year policy ensure that you don't have to worry about annual scooter/bike insurance renewals.

To obtain a duplicate two wheeler insurance policy, reach us at 1800-103-2292 (Toll free) and get assistance from customer service representative. The charges to obtain duplicate two wheeler insurance policy is Rs. 50.

An endorsement is a written evidence of an agreed change in the policy. It is a document that incorporates changes in the terms of the policy.
 

As per section VB64 of Insurance Act, 1938 no risk can be resumed unless premium
is received in advance. Hence, full two wheeler insurance premium needs to be collected before the start of policy.
 

Refund is possible only when the two wheeler insurance policy is cancelled. The refund essentially depends upon the company and would be on short rate period. You must check the short rate calculations before cancelling his policy. You need to provide alternate copy of policy covering TP risks to cancel the policy.

For a new Bike: It is 5 year TP , 1year OD+5year TP, and 5year OD +5year TP. 
For Old Bike: 1 year TP, 1 year OD +TP, 2year OD, 2 ysar OD+2year TP, and 3 year TP + 3year OD
 

You can use Bharti AXA two-wheeler insurance premium calculator to get the value. Still, you should know which particular aspects affect your premium the most and how, they are:

• Insured Declared Value: Insured Declared Value (IDV) is the present value of your vehicle. 
• Type of Cover: The coverage of your insurance policy such as comprehensive coverage or third-party insurance. 
• Type of Model: The model of your two-wheeler. 
• No Claim Bonus (NCB): If your claims history suggests that you have had NCB then your premium will be lower compared to someone who has not had NCB. 
• Registration Zone: Registration Zone is the area under which the two-wheeler is registered, for example premium could differ for a metropolitan city compared to a Tier 2 city. 
• Manufacturing year of the two-wheeler: The old version of two-wheelers has low IDV. 
• Cubic Capacity of the Two Wheeler
   

The following factors affect your two-wheeler premium: 
Manufacturing company of the two-wheeler,

• Class of the two-wheeler (bike, scooter, etc.)
• Fuel type of the two-wheeler (petrol)
• Place of registration of the two-wheeler, 
• Current showroom price of the two-wheeler,
• Age of the two-wheeler,
• Usage of the two-wheeler,
• Modifications, if any, done in a two-wheeler,
• Coverage of the insurance,
• Type of two-wheeler insurance policy,
• Model of the two-wheeler,
• Insured Declared Value,
• Cubic capacity of the engine, 
• Claims history,
• Insurance policy add-ons,
• Claim history
   

Yes, in case you are changing from any other insurance company to Bharti AXA GI and have accrued some NCB from them, you can get the same transferred in case your two wheeler is insured within 90 days of your renewal due date.

No Claim Bonus (NCB) is a discount on premium of the own damage (OD) portion of your vehicle when you renew your policy, provided you have not made any claim during the last policy period of one year. The NCB can be accumulated up to a maximum limit of 50% on own damage premium for two wheeler insurance. You can transfer the full benefits of NCB, even when you shift your two wheeler insurance to Bharti AXA from any other insurance company.

Premium is the fixed amount of sum paid for a policy period by the insured to the insurance company for the benefits or covers availed to take insurance policy and to complete the contract of insurance. For buying and renewal of two- wheeler insurance online you can pay with credit card or net banking.

Remember that scooter/bike insurance renewal needs to be done a few days before it expires. If there is a time lag between the expiry and scooter/bike insurance renewal, you won't be able to get insurance benefits in the interim. 
You can do scooter/bike insurance renewal online by following the online process as mentioned on the Bharti AXA website. Just make sure you keep your personal, vehicle details and old policy details handy. You would be required to fill this information in the online form. Since you are making an electronic payment, also keep the credit card or net banking details ready so that you can pay timely before the login session expires. After you receive the insurance policy in the PDF form in your mailbox, save it. It is also advisable to take a printout and file it with your other important documents.
 

Break-in-insurance is when the policy lapses due to non-renewal on time. Indian Motor Traffic law makes it compulsory to have two wheeler insurance with third party insurance at all times. In case of break in your two wheeler insurance, you can get in touch with our customer support at 1800-103-2292 (Toll free) to renew policy if it has been less than 90 days so that you may be able to retain your No Claim Bonus. You have to get your two wheeler inspected before purchasing the policy. 

If your bike insurance policy has already expired, you have to obtain a fresh insurance. Due to the break in insurance the vehicle will be physically inspected by a company official or an authorized representative/agency. You can get the NCB transferred in case your two wheeler is insured within 90 days of your renewal due date.

You should renew your two wheeler insurance before expiry of the existing insurance. This keeps your vehicle insured against the risks without any break and retains the No Claim Bonus, which is the discount in premium for claim free year/s.

Yes. You can renew your expiring two wheeler insurance policy online from www.bharti-axagi.co.in providing minimum details. Also enjoy the benefit of transferring up to 50% of No Claim Bonus earned by you.