ICICI Lombard is a joint venture between ICICI Bank and Fairfax Bank. The company was established in 2001 and is a leading general insurer in India. ICICI Lombard offers products like general insurance, health insurance, motor insurance, and travel insurance.       

ICICI Lombard Stand Alone Own Damage 2 wheeler Policy

Any vehicle that has been bought after September 1st, 2018 can buy SAOD policy. The policy covers you from damages to your vehicle only. Stand alone own damage policy premiums are low and affordable.

Benefits of buying ICICI Lombard Stand Alone Own Damage Policy

  • ICICI Lombard offers a variety of addon covers that you can buy at an added premium. These addons enhance the coverage for your vehicle.
  • The company provides prompt assistance- 24 hours a day, 7 days a week.
  • Easy to purchase online with Quickinsure
  • Claim settlement process of the company is easy and fast

How to purchase Stand Alone Own Damage Policy from ICICI LOMBARD General Insurance.

  1. Visit the Quickinsure website from your browser
  2. Click on the ‘two-wheeler insurance’ icon on the screen
  3. Next, Enter your vehicle registration number according to RC
  4. You can compare quotations from various insurers and select the best fit
  5. Fill out the proposal form carefully and check all the details
  6. Complete online payment to the insurer and your policy will instantly be in your inbox

Coverage Stand Alone Own Damage policy from ICICI LOMBARD General Insurance.

  • Accidental damages are covered.
  • Man-made calamities like fire, riots, strikes, and theft are covered.
  • Natural calamities such as cyclones, floods, and earthquakes are covered.

Exclusions under Stand-Alone Own Damage Policy in ICICI LOMBARD General Insurance.

  • Driving under the influence of alcohol is not covered by insurance.
  • Bike insurance does not cover actions involving radioactivity or nuclear power.
  • Any damage or harm caused by wars, riots, or terrorism is not covered by the policy.

Frequently Asked Questions

  • Can I file a claim if my driver's license is expired?

No, without a driving license you cannot file a claim.

  •  Is comprehensive insurance the same as own damage insurance?

No. Comprehensive insurance includes third party liability coverage, as well as own damage coverage, and SAOD insurance only covers own damage losses only.

  • Is SAOD policy mandatory in India?

No, SAOD policy is not compulsory in India. Third party liability is compulsory for all vehicles under Motor Tariff Act. However, a majority of vehicle owners prefer to have an own damage cover as it provides the much-needed protection. Both, for your vehicle and your pockets.

  • What are the add-ons offered by ICICI Lombard?

ICICI Lombard offers zero depreciation, engine protector, roadside assistance, and many more addons. Find out more about addons offered by ICICI Lombard here.

  • Who is eligible to buy an SAOD policy?

If you have bought your vehicle after September 1st, 2018, your vehicle is eligible to have an SAOD policy.

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