Yamaha YZF R15 Two Wheeler Insurance

- It is the most basic type of two-wheeler insurance offered by the insurer. As per the Motor Vehicles Act, it is mandatory to have third-party two-wheeler insurance to be able to drive on Indian roads. Under this cover, damages caused by the policyholder’s two-wheeler to a third party person or property are covered. In case you end up damaging someone’s property or injure the person, it takes care of the expenses incurred due to hospitalisation and repair of the property. A third-party two-wheeler insurance cover offered by HDFC ERGO includes the following:

Standalone own damage two wheeler insurance comes in handy when you need financial security from the damages caused to your vehicle during an accident. It is usually bought over and above the mandatory third-party insurance to save yourself from the burden of the expenses incurred to repair your bike. It is prudent to buy a standalone own damage two-wheeler insurance for the policyholders who only have the basic third-party insurance. This type of insurance includes the following:

As the name suggests, a brand new bike insurance policy is for the ones who have recently bought a bike. This insurance policy provides 1-year coverage for damages to your bike along with 5 years of cover for the third party person or property liability. It includes the following: