Instabima is a licensed Insurance Web Aggregator by the Insurance Regulatory and Development Authority of India vide License No IRDA/WB38/2016.
As a Digital Insurance Intermediary, we work with multiple General, Life and Health Insurance companies to get our customers the best insurance policy
Take a Note
A Two-wheeler Insurance plan is a mandatory requirement under Motor Vehicles Act, 1988 for all Two-wheelers.
You should renew the policy before the current policy expires.
Types of Two-wheeler Insurance - Long term policies, Comprehensive package policies and Liability only policies.
Insured can avail coverage for the damages suffered by your bike if you buy a comprehensive plan.
Online buying of Bike insurance is recommended as it gives benefits of comparing and seamless policy generation.
Bike Insurance - Why it's Important?
A Two-wheeler insurance plan is a mandatory requirement for all Two-wheelers which are registered in India. Bike insurance plans come with a specified tenure of one, two or three years. After the term is over, renewal is required.You can buy a bike insurance policy either through an insurance intermediary or through the online mode.
Mandated Rule
Basic third party liability coverage is mandated by the Motor Vehicles Act, 1988 wherein the
cover would pay any financial liability which the bike owner faces if he/she causes physical injury or
death to any third party or damages to third party property.
Unnecessary Fine
If the traffic authorities catch the bike owner without a valid insurance
policy, fines and penalties would accrue. The bike owner would not only have to pay huge fines,
there might be further legal complications which might result in imprisonment.
Here's what our customers are saying
"Extremely convenient, prompt, Just had to let instabima know that I need insurance for my car done and they made sure that I had the policy delivered in my mailbox in a timely manner while keeping me updated on the progress as required. I highly recommend them for the time efficient and quality of service delivered."
- Rajesh Parikh
"Very helpful, can't get any better. I would recommend this to everyone, now have a great insurance company at a very good price."
- Jitesh Jain
"Now I have health insurance and couldn't be happier. The customer service was awesome and my rates are the lowest around for great coverage."
- Sunil Ande
"I feel relaxed as far as Bike Insurance is concerned. Their customer service personnel guided me through each step of my process while helping me finding the best plan!"