Bike|Scooter Insurance

BIKE INSURANCE

Our Service Has No Speed Limits.

Provide financial protection to you and your two-wheeler against any loss or damage only with Policy Market’s car insurance policy plans.

Get a personalised plan with add on benefits.For more information, contact us today.

Coverage &
Policies

See all the different ways Policy Market can help protect your bike|scooter.

Discount

Learn how you can save on bike|scooter insurance by browsing our plans offering lowest rates.

Want to make a Claim?

Get helpful information about filing a bike|scooter claim with Policy Market.

What risks does our policy cover?

Our insurance policies will typically help pay to repair damage caused by certain risks, or perils, including:

Theft
Fire
Accidents
Natural Disasters
Personal Accident
Third Party Losses

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Start a fast, free  insurance quote with Policy Market. We help you find any insurance coverages that are right for you, so you’re not paying for anything you don’t want!

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    Add-on Covers

    Zero Depreciation Cover

    Ideal for cars less than 5 years old, zero depreciation cover allows you to nullify the depreciation charged on your car and its parts and gives you the full value of repairs, costs and replacements during a claim.

    Return to Invoice Cover

    In case of theft or damages beyond repair, return to invoice add-on gives you the benefit of getting back the complete amount of your car's invoice value, including the cost of registering a new vehicle and its road tax respectively.

    Tyre Protect Cover

    Generally, tyre damage isn't covered in standard insurance unless the damage takes place during an accident. That's why this tyre protect add-on gives you the benefit to safeguard and cover for tyre damages such as tyre bursts, bulges or cuts during all other situations possible.

    Breakdown Assistance

    We all need a little help sometimes! Our Breakdown Assistance Add-On gives you the benefit of taking help whenever required, i.e assistance during car breakdowns at any time you'd like. The best part? It doesn't even count as a claim!

    Consumable Cover

    A consumable cover gives your car an additional layer of protection. It covers the cost for all your car's nitty-gritties, such as the engine oils, screws, nuts and bolts, grease, etc in a situation of an accident.

    Engine and Gear-box Protection Cover

    Do you know that the cost of replacing your engine is approximately 40% of its cost? In a standard car insurance policy, only damages caused during the accident are covered. However, with this add-on, you can specifically also cover for the life of your car (the engine and gearbox!) for any consequential damages caused post the accident. This could happen due to water regression, leakage of lubricating oil, and undercarriage damages.

    Daily conveyance benefit

    If the car is damaged and the policyholder makes a claim for accidental damage under the car insurance policy, the policyholder can be compensated for the transportation cost for the time when the four-wheeler is under repair. This add-on cover will help the policyholder get a fixed allowance per day or coupons from tax operators or a standby vehicle.

    Key and Lock Protect

    Cost incurred by the policyholder towards replacement of the insured four-wheeler's key because of accidental loss or theft, installation of new lockset, and locksmith charges will be reimbursed under this add-on cover.

    Loss to Personal belongings

    If the policyholder or any immediate family member suffers any physical damage to personal belongings specified as per the policy when kept in the insured vehicle, it shall be compensated.

    Pay as you drive Cover

    This add-on cover makes the policyholder eligible to avail discount on the premium of Own Damage cover of the base policy based on the opted plan. The option to top up kilometres is also offered under the base policy by paying additional premium.