Two wheeler insurance provides a kind of personal accidental cover for owners, while driving the vehicle. The policy generally provides protection from any loss or damage to the vehicle arising out of natural calamity like fire, protection against third party injury, burglary etc. The amount insured will depend on the current showroom price multiplied by the depreciation rate fixed by the Tariff Advisory Committee at the time of commencement of policy period. Fast and easy claim process by most insurance companies will ensure existing customer loyalty and widen the customer base.
List of Some of Insurance Companies Offering Two Wheeler Insurance:
HSBC India - AutoSecure
ICICI Lombard - Two Wheeler Package Policy
United India Insurance Co. - Motor Package and Liability only Policies
The New India Assurance Co. - Motor Coverage
*Terms and conditions may vary in different insurance companies