The buying of insurance is a crucial activity for your two-wheeler. It is undoubtedly helpful to know which insurance providers are ideal for you. Therefore, it is usually important to evaluate several plans before purchasing and ensuring that you choose one which suits your unique circumstances best. However, it’s possible to choose from some two wheeler insurance companies.


Below is the list of two top bike insurance firms to pick from in 2021, based on a claim-settlement ratio in each company, when it comes to protecting your cherished two wheeler.

IFFCO Tokio Two Wheeler Insurance 96.44%
Royal Sundaram Two Wheeler Insurance 94.07%
Oriental Two Wheeler Insurance 93.16%
Universal Sompo Two Wheeler Insurance 92.45%
New India Assurance Two Wheeler Insurance 92.23%
Tata AIG Two Wheeler Insurance 91.80%
SBI Two Wheeler Insurance 91.74%
Bajaj Allianz Two Wheeler Insurance 91.23%
HDFC ERGO Two Wheeler Insurance 89.48%
Future Generali Two Wheeler Insurance 88.56%


The list is based on the insurance companies’ claims settlement record. Although the settlement of the claims is important for all policyholders, there are still a few aspects to be considered along with the insurance companies’ reimbursement ratio when picking for your bike from an insurance company.


The Indian insurance sector has a wide range of two wheeler insurance undertakings. But no insurer worldwide can meet all the needs of all insurers since each person distinguishes between the needs. Some people would want a wide range of cashless workshops, while others would want a quick customer support system and so on. There are a variety of characteristics on this note that the insurance might be appropriate for you. Therefore, here are the things to choose from for you the best two wheeler insurance company:

  • Network of Cashless Garages: Each two wheeler insurance provider gives permission to select of its networks’ top garages or workshops. Once the insurance firm recognises them, the garages or workshops will become the two-wheel insurance firms’ network garages or net workshops, where they may quickly redeem their bike or scooter by using the cashless claim facilities without paying anything. So you should review the list of network car parks and choose the insuring party with more cash-free garages in your network when you select a two wheel insurance policy, as the greater your number is, the easier it is to discover garages close by. 
  • Add-On or Rider Options: The two-wheeled insurance add-on covers or drivers are supplementary covers that may be picked up using a stand-alone bike damage or cycling insurance policy to extend the insurance coverage. Both cushions and supplements may be used by paying a supplementary premium together with the basic policy premium. Various policyholders may need various types of additional coverage and hence insurance firms attempt to provide the greatest possible number of coverage options. You must, however, pick for a corporation that offers maximum add-ons or supplies add-ons.
  • Customer Care Support: Customer assistance also makes a choice of a two-wheel insurance provider worth considering. Before picking for a two-wheel assurance firm, you should verify the service quality and speed of customer care service, as this plays a vital part in making full use of the insurance policy. Police holders should retain insurance businesses at the top who offer 24×7 customer support to help you handle your bike insurance questions and difficulties at any time without waiting long.


There are several good solutions for two-wheeler to pick from. Certainly, when searching for your next policy, remember these companies.