Applying for your bikes second insurance claim in a single year Read this first


21 Jul 2023

Read about Applying for your bike’s second insurance claim in a single year. For more information, check out the car insurance policy from Kotak General Insurance.

Bike Insurance Claim

Indians have always had an affection for their two-wheelers, raising the demand for two-wheelers by over ten lakhs per month. The congestion on the roads, unfortunately, increases the instances of accidents every year, further raising the number of bike insurance claims.

Hence, it is imperative you become aware & take note of the bike insurance policies to safeguard yourselves against unwanted expenditures in case of damage. Insuring one’s bike is a mandatory legal requirement everyone must abide by. Many individuals, therefore, have the legitimate question if an insurance policy can be claimed twice a year.

What happens during repeated bike insurance claims?

There are no limitations on the number of claims one can file in the year. However, raising many claims impacts the NCB (No Claim Bonus) and also increases the premiums of bike insurance renewal. Moreover, there are restrictions on the number of claims if the policy has a zero-depreciation insurance add-on and a comprehensive insurance plan.

Take a look at the reasons for not claiming insurance repeatedly in detail.

• Loss of NCB (No Claim Bonus)

No Claim Bonus, as the name suggests, is a benefit in the form of a discount that policyholders can avail of at the time of insurance renewal. The discount percentage during renewal varies from 20% to 50%, and all the accumulated discounts will be lost if the policyholders file even a single claim during those years. For this reason, it is also advisable to not file a claim for minor repairs and get them done by one’s own pocket. Individuals can also purchase an NCB protection add-on to secure it even after raising claims.

• Hike in premium amount

When one files claims repeatedly, it indicates to the bike insurance company that there are more risks of damage to that particular owner. Consequently, increasing their premium amount at the bike insurance renewal time.

• Reduced compensations

Individuals shouldn’t file a claim if the repair bill after the damage is less than the mentioned deductibles because it will result in them receiving inadequate compensation. Additionally, policyholders who have opted for zero depreciation cover on comprehensive insurance plans should also restrict the number of claims they make in their motor insurance plan.

How to file a Claim?

Now that we have listed the cons of making back-to-back claims let us also look at the steps to follow while making a claim: -

Step 1: Notify your nearby police station and your insurer.

Step 2: Take and share photographs of the accident site as well as the bike with the surveyor, who will evaluate the claim charges.

Step 3: Individuals should submit a claim form and other documents after filing a claim. Now, the bike insurance company will check everything and see if you qualify for the claim. They will reimburse the amount for finding everything in the place.


We now know that one can file a claim twice a year, but it has its own disadvantages. Hence, you need to assess the situation diligently before taking any steps. The whole idea is to gain profit which comes in many forms, such as NCB and low premiums for a renewed bike insurance policy.

Team Kotak GIC

The content of this blog has been created and carefully reviewed by the esteemed team at Kotak General Insurance, with the sole purpose of providing valuable guidance and sharing insights on the importance of general insurance. Our objective is to assist users in making informed decisions when purchasing or renewing insurance policies for their cars, bikes, and health. Our expertly curated information aims to empower our readers with the knowledge they need to protect their valuable assets and financial interests.