Two-wheeler insurance from SBI brings complete peace of mind by securing you and your ride against damages caused by natural or human-made reasons and covering you against third-party liabilities.

  • Option to Choose a Long-term Policy.
  • Customised Pricing.
  • Cashless Claims.
  • Multiple Add-ons.
  • No-claim Bonus (NCB).
  • NCB Protection.
  • Valuable Discounts.
  • Online Purchase& Easy Renewal.

SBI two-wheeler insurance from SBI General Insurance Company Limited serves millions across India through its network garages, quick claim-settlement facilities and other practical offerings.

SBI Two wheeler Insurance Features & Advantages

  • Third-party liability and comprehensive covers.
  • Policy duration of up to 5 years.
  • Protection against legal liabilities arising out of the use of your two-wheeler, towards third parties due to their bodily injuries/death of individuals and damages caused to their properties.
  • Addresses losses or damages to your bike or scooter and its accessories due to fire, explosions, self-ignitions, accidental damages by external means, damages in transit by road/rail, inland waterway, lift/elevator or air, lightning, earthquakes, floods, typhoons, hurricanes, storms, tempest, inundations, cyclones, hailstorms, frost, landslides, rockslides, burglaries, thefts, riots, strikes, malicious acts and terrorist activities.
  • Mandatory personal accident covers of 15 lakh rupees.
  • Option to cover the pillion rider of your bike/scooter.
  • A gamut of add-ons at extra cost.
  • Avail refund on a pro-rate basis on the unexpired period for the first or second year in case of Total Loss/Combined Total Loss/ Theft claim.
  • NCB transfer of up to 50%.
  • Additional discount for insuring your two-wheeler without a break.
  • Option to choose long term covers with no hassles of annual renewals.

SBI Bike Insurance Policies & Variants

  • Motor Act Only-Two-Wheeler Third-party Policy: Legally-mandatory as perthe Motor Vehicles Act.
  • Covers third-party liabilities only.
  • Long term policy for 5 years.
  • Personal accident covers at extra cost.
  • Additional legal liabilities for paid drivers, conductors, and cleaners employed in the operation of the two-wheeler and employees travelling in/driving the bike/scooter other than paid driver are also taken care of by paying a small amount.
  • Two-Wheeler Package Comprehensive Policy: Takes care of all the legal liabilities arising out of bodily injuries to and/or property damages of third parties due to accidents involving your ride.
  • Covers accidental losses/damages to your bike or scooter caused by fire/explosion, self-ignition/lightning, burglaries, thefts, riots, strikes, earthquakes (fire/shock damages), floods, storms, hurricanes, typhoons, tempest, inundation, hailstorms, frost, cyclones, malicious/terrorist activities, whilst in transit by road/rail, inland waterways, lifts/elevators/air, landslides and rockslides.
  • Compulsory personal accident cover.
  • Long Term 2-Wheeler Insurance Policy-Package: A 360-degree cover that allows you to get insured for up to three years.
  • Brings continued protection.
  • NCB benefits and proportional refund provision.
  • Considerable savings in the long run. 

SBI General Bike Insurance Major Exclusions

  • Normal wear/tear and general ageing of your bike or scooter.
  • Depreciation and consequential losses.
  • Mechanical and electrical breakdowns.
  • Contractual liabilities.
  • Two-wheeler being used otherwise than in accordance withthe stated limitations.
  • Driven by/in charge of an individual other than the driver, as mentioned in the driver's clause.
  • Losses while driving without a valid license or under the influence of drugs/alcohol.
  • Wars, mutinies, invasions, terror-attacks and nuclear-weapon-inflicted damages.

SBI General Insurance for Two-wheelers Discounts

  • No-claim Discounts: If you do not make any claims throughout the year, you get a discount of 20% on the premium of the second year. It can go up to 50% for consecutive claims-free years. 
  • Voluntary Discounts: Applicable if you choose to pay the minimum amount at the time of claim settlement.

SBI General Insurance Bike Premium Calculator

The premium for your SBI two-wheeler insurancepolicy is based on factors such asthe make/model, city, registration date, add-ons and the use of electrical or non-electrical accessories.

Alternatively, you may use established online insurance comparison portals like to explore SBI two-wheeler insurance rates, simplify and speed up the process of buying bike or scooter insurance.

SBI Two-wheeler Insurance Renewal & Application

One can apply for a new SBI two-wheeler policy or preferSBI online bike insurance renewalby viewing and comparing quotes online through premier insurance comparison platforms such as

SBI Two-wheeler Insurance Review

Two-wheeler insurance policies from SBI are products of the joint venture between State Bank of India (SBI), Axis Bank Asset Management Co. Ltd and Premji Invest & Warburg Pincus Group. Founded and operational since 2009, and with 70% of the total capital owned by SBI, the country's largest state-owned banking and financial services company, it remains a credible name for cost-effective and transparent bike/scooter insurance plans.

SBI General Two-wheeler Insurance FAQs

Q: Who is eligible to buy SBI two-wheeler insurance?

Anybody who owns a two-wheeler, bike or scooter.

Q: How is IDV calculated for the SBI General Two-wheeler Insurance policy?

The IDV or Insured Declared Value is the maximum sum-assured determined by the insurer and the amount you would receive when the bike or scooter gets damaged or stolen.

Q: How long does it take for SBI General to settle two-wheeler insurance claims?

On most occasions, within 30 days from the receipt of all necessary documents needed for assessing the claim.

Q: What is the claim intimation procedure?

You may contact the toll-free number [ 1800 102 1111 ], SMS "CLAIM" to 561612 or email your details to for the claim/reference number. Alternatively, one can also choose to fill-in the details on the official SBI General Insurance portal.


Disclaimer: The information shared is purely indicative. Please refer to the policy wordings for the most up-to-date and precise details.

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