National Comprehensive bike Insurance policy-The national insurance company is under the ownership of the Ministry of Finance Govt. India. The company has 10,669+ working employees and its headquarter is in Kolkata, India. National insurance is India’s oldest company which was founded on 5 -Dec.1906.

What is meant by  National  Comprehensive bike insurance?

A comprehensive bike insurance policy is the most common use policy in insurance. The policy covers both third-party liability as well as the owner's loss arising from unfortunate events. The policy provides financial coverage, which covers policyholders from uncertain events such as accidents.

Key benefits of buying a National comprehensive bike insurance policy?

1. A claim incentive of 50% for not claiming policies in previous years.

2. Vehicle theft or loss is covered by the policy.

3)In the case of an accident, third-party liability is also covered.

4. Damages to the insured or their property are covered.

Coverage in National comprehensive bike insurance Policy-

1) Third-party liability coverage.

In addition to liability coverage, this insurance covers loss or damage to the covered vehicle and its accessories as a result of:

2)Fire, explosion, self-ignition, or lightning

3)Burglary, housebreaking, or stealing

4)Riot and strike, Terrorist Act.


5)Flood, hurricane, storm, Cyclone, Unintentional external methods.

While traveling by road, inland river, lift, elevator, or air.

As a result of a landslide/rockslide.

How to purchase Third party bike insurance from National?

Step 1. Go to the online website of

Step 2. Click on bike insurance

Step 3. Enter your REGISTRATION no. According to your RC

Step 4. You will find a quotation for bike insurance from National insurance and other insurers.

Step 5. You can select the quotation of National and fill out the proposal form.

Step 6. Pay the premium amount and get your policy on your email.

Exclusions in National Comprehensive bike insurance policy.

Breakdowns, deterioration, and wear and tear.

Loss of consequence.

Loss as a result of driving while under the influence of alcohol or with an expired driver's license.

Losses incurred as a result of war, civil war, or another armed conflict

Contractual responsibility claims.

Vehicle usage that is not in conformity with the 'limitations on use.

What is IDV?

Insured Declared Value is the full form of IDV. IDV is the present market value of your vehicle. The depreciation factor reduces the IDV of the bike every year.


= Manufacturers listed selling price-Depreciation

FAQs about National Insurance -

-What are the ways to buy insurance?

You can buy insurance online or offline mode.

-What is the grace period for bike insurance?

The grace period is a 30-day extension following the end of your insurance term.

-What exactly is Bumper to Bumper bike insurance?

Bumper-to-bumper coverage, often known as zero depreciation coverage, is a sort of coverage add-on that comes with a bike insurance policy.

-What things are not get covered under comprehensive bike insurance?

Loss by consequence, Breakdowns, deterioration, and wear and tear.

-What things are covered under the comprehensive policy?

Fire, explosion, self-ignition, lightning, Burglary, housebreaking, or stealing.

go to top img