Inclusions: What Is Covered In Own Damage Two-Wheeler Insurance?

Own damage two-wheeler insurance is crucial to protecting your valuable asset, providing coverage for various risks and damages that your vehicle may encounter. Whether you own a motorcycle, scooter, or any other two-wheeler, this insurance ensures you are financially safeguarded against unforeseen circumstances. Understanding what is covered under own damage two-wheeler insurance is essential for every owner, as it allows you to make informed decisions and select the right policy that suits your needs. Let us explore the various aspects of two-wheeler insurance coverage provided by your own damaged two-wheeler insurance, enabling you to understand the protection it offers. *

When you purchase a two-wheeler, you might be concerned about unforeseen repair and replacement costs for accidental damages. The Standalone Own Damage (OD) insurance shields you from unforeseen costs in such circumstances. It offers financial protection if your car sustains damage from an accident, a natural disaster, an act of man, a fire, a theft, etc. Continue reading to learn more about OD two-wheeler insurance’s inclusions online. *

A two-wheeler insurance premium calculator is an easy-to-use tool to determine the amount of premium you would need to pay.

What Is Bike Own Damage Insurance?

Own Damage Insurance is a type of bike insurance that provides financial security if your insured two-wheeler is damaged. For instance, the Own Damage Two-wheeler Insurance Plan will take care of your losses if your two-wheeler is damaged as a result of flooding, natural disasters, vandalism, etc. Purchasing OD insurance is optional, as opposed to third-party bike insurance, which is required. *

What Is Covered By Own Damage Two-Wheeler Insurance, Exactly?

Own Damage Insurance protects you against damage to your motorcycle in the circumstances listed below. *

  • Damage Done By Accident

Has your two-wheeler suffered damage in an accident? Fear not; OD Insurance will pay for repairing or replacing damaged motor parts.

  • Natural Disasters

The OD plan will cover the damages to your bike if it is gets damaged due to floods, earthquakes, cyclones, etc.

  • Man-Made Disasters

The OD plan provides coverage for losses brought on by unnatural disasters like riots, vandalism, terrorist attacks, and strikes.

  • Explosion & Fire

Your vehicle may sustain damage from a fire or explosion, costing you money. A Standalone OD plan covers such losses.

  • Total Loss

If the damage to your car is irrepairable, OD Insurance will reimburse you for your losses by the terms and conditions.

Own damage two-wheeler insurance covers a wide range of risks and damages to the insured vehicle. It includes protection against accidents, theft, natural disasters, fire, and vandalism. However, the coverage may change depending on the insurance policy and its terms and conditions. It is crucial for policyholders to carefully review their policy documents to understand the extent of coverage offered and any exclusions that may apply. *

* Standard T&C Apply

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

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