This complete guide covers bike and scooter insurance in India — what is legally mandatory, how much third-party and comprehensive cover cost, long-term 5-year policies for new bikes, electric two-wheeler insurance, and how to renew and claim. Understand every option before you buy or renew your two-wheeler policy.
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Yes. Third-party two-wheeler insurance is mandatory under the Motor Vehicles Act for all bikes, scooters and mopeds. The penalty for riding without it is a ₹2,000 fine and/or three months imprisonment. For new two-wheelers, a 5-year third-party policy is mandatory at the time of purchase.
Third-party covers damage or injury you cause to others. Comprehensive adds own-damage protection against accidents, theft, fire and natural disasters, with optional add-ons. Since September 2019 you can also buy standalone own-damage cover alongside an existing third-party policy. Compare current third-party premium rates before renewing.
Third-party rates are set by IRDAI; comprehensive and EV premiums depend on IDV.
| Cover | Indicative cost |
|---|---|
| Third-party (up to 75cc) | ₹538/year |
| Third-party (75–150cc) | ₹714/year |
| Third-party (150–350cc) | ₹1,366/year |
| Comprehensive (100–150cc) | ₹2,500–₹5,000 |
| Electric two-wheeler | ₹1,500–₹8,000 |
New two-wheelers are sold with a mandatory 5-year third-party policy — see our long-term bike insurance guide. Electric scooters and bikes like the Ola S1, Ather 450 and TVS iQube are insurable too; the EV two-wheeler insurance guide explains battery coverage and wattage-based third-party rates.
Renew on time — a lapsed policy means losing NCB, a fresh inspection and being uninsured. Set a reminder 30 days before expiry; online renewal takes under five minutes. If you need to claim, follow the bike insurance claim process for accident, theft and flood scenarios.
Yes. Third-party two-wheeler insurance is mandatory under the Motor Vehicles Act for all bikes, scooters and mopeds. The penalty for riding without insurance is a ₹2,000 fine and/or three months imprisonment.
Third-party rates range from ₹538/year (up to 75cc) to ₹2,804/year (above 350cc). Comprehensive coverage costs roughly ₹2,500–₹5,000 for a standard 100–150cc bike and can go up to ₹40,000+ for premium bikes, depending on IDV and add-ons.
Long-term policies cover three or five years in a single premium. Since 2018, new two-wheelers are mandatorily sold with a 5-year third-party policy. Long-term policies protect you from annual price hikes and reduce the risk of a lapse.
Yes. All major insurers now cover electric two-wheelers including the Ola S1, Ather 450, TVS iQube and Bajaj Chetak. EV insurance covers battery damage and typically costs ₹1,500–₹8,000/year depending on the vehicle's value.
Third-party covers damage or injury you cause to others. Comprehensive adds own-damage cover — protecting your bike against accidents, theft, fire and natural disasters. For bikes under five years old, comprehensive is recommended.
Enter your bike's registration number on GaadiInfo, compare quotes or choose your insurer, select coverage and pay online. The renewed policy is emailed to you instantly, and the whole process takes under five minutes.