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Which insurance companies provide the best quotations for a two-wheeler?

Raj and Shyam were friends having their bikes to travel in the city. On one rainy day, when both of them were going to college on their separate bikes, they got stuck in a water-logged lane and ended up with non-functional bikes. Raj had his two-wheeler insurance to get his bike fixed easily, but Shyam had to struggle a lot by going to different roadside mechanics as he didn’t have two-wheeler insurance. Raj encouraged him to buy a bike insurance policy, but Shyam denied it; as a result, his bike was subject to malfunction every few days.

If you land up in a similar situation like Shyam, here are a few bike insurance policies that you can opt for rather than choosing a temporary alternative as he did. 

Best Two Wheeler Insurance Companies

  1. Bajaj Allianz General Insurance Company

Established in 2001, it is one of the best companies in the insurance field in India. Spread across more than 200 Indian cities, this company is pioneering in its wide range of bike insurance policies and products that suit all requirements of a common person. They offer renewals with any hindrances. You can even obtain your scooty insurance online with their easy to use digital purchasing features. With more than 4000 garages operating in the country, they have an incurred claim ratio of 62%. 

  1. Future Generali India Insurance Company: 

A few companies have their vision to make insurance convenient for their clients. Future Generali is one of those names who has made it possible. The goal of this company is primarily to make use of facilities in a way that customers can get superior benefits. This is why all your claims get settled within 7 days by Future Generali; their incurred claim ratio is reported to be 69%. You can also purchase scooty insurance online with their online platforms. 

  1. HDFC ERGO General Insurance Company: 

HDFC ERGO is a global undertaking which works  in the financial sector. This collaboration is between HDFC and ERGO International AG, a pivotal insurance body of the renowned Munich Re Group. This company has a broad spectrum of insurances that you can opt for. This ISO Certified insurance company is a great option when looking out for any motor insurance policy. They also offer deals of up to 70% discount on the insurance premiums of their company. 

  1. Bharti AXA General Insurance Company:

AXA is a global leader in financial protection, which collaborated with Bharti Enterprises in 2008 to come up for Bharti AXA General Insurance Company. They are one of the best in terms of two-wheeler insurance policies. They accept all kinds of digital payment alternatives and have reported having more than 5200 network garages across India. Their depreciation covers, bike insurance policy and personal accident covers are among the various services the company offers to its customers. 

  1. National Insurance Company: 

The oldest Indian firm in this sector, the National Insurance Company, has been working in insurance policies since 1906. It is the only existing PSU non-life insurance company. It has been accredited with numerous awards for its services and facilities. With an incurred claim ratio of 127.50%, NIC offers an extremely convenient claim process that makes a customer’s experience very easy and smooth.  

  1. Reliance General Insurance Company: 

Reliance is a name known to every child now. The popularity graph is soaring high for this company, and it has also garnered popularity in the general insurance industry. Bike insurance policy, health insurance policy, travel insurance policy and much more come under its niche. With more than 139 operational branches across India, this company is very promising in its services and facilities. Under its No Claim Bonus offer, a client is subject to receive a 50% discount for every claim he makes in the claim-free year. 

  1. Tata AIG General Insurance Company: 

AIG is an American Conglomerate that has ventured into a joint partnership with the renowned Tata group to develop the Tata AIG General Insurance Company. This company is known for setting benchmark records with its great and easy to use facilities through online and offline methods. If you are looking for scooty insurance online, this is the best option you bet on, as this company does not believe in fooling its clients with hidden costs and payments. 

  1. United India Insurance Company:

The UIIC is one of the oldest surviving insurance companies in India. It was found on 18th February 1938 and received its nationalisation in the year 1972. Since then, it has built a great customer network base with more than 2280 operational offices that have proudly served its more than 1 crore policyholder clients. It is renowned for its customer support and discount offers during the claim-free years.


Insurance is like a vaccine, you may not prevent the loss, but you may prevent further damage that you can get from it. So do opt for a reliable and effective two-wheeler insurance policy.


Why do you need a reliable company?

While choosing two-wheeler insurance, customer satisfaction and financial safety are the priorities you should consider the most. Cases of loot and scam can be recurring if some negligence is adopted. Keep an eye on the reviews and opt for a bike insurance policy only after comprehensive research.

What documents do you need to make a claim?

Each company has its agenda and requirement criteria for the claims. But a few documents are generally needed for every claim; something extra or a miss shall depend on the company's policy. They are mentioned as follows:
Correctly filled claim form
Photocopy of RC
Loss estimates

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