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In India, bikes are one of the most preferred modes of transport as it is convenient to navigate through the traffic and narrow roads. Also, two-wheelers are much more economical and fuel efficient than cars. Not to mention, bike insurance plans are affordable.

While you need to compulsorily have at least a third-party liability insurance coverage to avoid any legal issues, it is better to purchase a comprehensive plan. When you buy comprehensive bike insurance online , you have the flexibility to purchase add-ons and get extensive coverage.

However, you must ensure that the two-wheeler insurance policy you use does not burn a deep hole in your pocket. If you are looking for ways to reduce your bike insurance premium, the following tips will come handy.

Compare Plans

One of the easiest and effective ways to reduce bike insurance premiums is to request quotes from different insurance companies. Once you have the quotes, compare them in terms of benefits offered, coverage, exclusions, add-ons, premium, etc. and choose the one that offers the best coverage at the lowest premium.

Choose A Long Term Policy

Typically, the bike insurance policy must be renewed every year, however, you can choose a long-term policy for up to three years. The advantage of choosing long policy tenure is that the premium remains fixed for the chosen term.

Avoid Raising Small Claims

If your bike suffers minor damages or dents, it is better to avoid raising claims for such expenses. This helps you earn NCB or no-claim bonus, which you can redeem during policy renewal and earn a discount on the premium.

Choose The Riders Wisely

Add-ons help you enhance the bike insurance policy coverage. One can avail optional add-on covers at an additional premium amount. So, be prudent with choosing riders and purchase only the add-ons that are necessary.

Install Security Devices

If you have high-tech security devices on your bike theft alarm, gear lock, and other safety devices, it only shows that you want to keep your vehicle safe, and the insurer may offer you a discount on the premium. However, make sure that the anti-theft devices are approved by Automotive Research Association of India (ARAI).

Renew Your Policy Diligently On Time

Another effective way to avoid paying high premium on your bike insurance policy is to renew the policy on time on or before the expiry date. This ensures that you keep your accrued benefits, including NCB, intact.

Pay Higher Deductibles

Generally, when you raise a bike insurance claim, the insurers pay a part of the repair cost, you pay the remaining amount. This is called deductible. If you choose to pay a higher deductible, you can reduce your premium cost.

Final Word

Follow the above tips to get a discount on your two-wheeler insurance premium. And, to get the best policy for your bike, you can consider buying the Kotak Long Term Two Wheeler Secure policy from Kotak General Insurance. It offers long term coverage for up to three years, comes with an inbuilt Personal Accident cover and many other benefits. To know about the policy, visit the Kotak General Insurance website.

Disclaimer: The content provided is for education and informational purpose only, none of the information contained in our blog amounts to any form of opinion or advice. Please go through policy related documents carefully or consult an expert before making any insurance-related decisions.


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