The New India Comprehensive bike Insurance policy-

The New India 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. New India Insurance is India’s one of the oldest companies which were founded on 5 –Dec 1906.

What is meant by The New India  Comprehensive bike insurance?

Comprehensive policy covers both own damage loss as well as third-party liabilities. You don’t have to buy a third-party and own damage policy separately, because a comprehensive policy covers both.

Key benefits of buying The New India comprehensive bike insurance policy?

1) Policy offers different types of add-ons with offers extra benefits.

2) Theft of the vehicle which is uncertain, gets coverage under policy term.

3) You do not need to buy two different policies for your damage and third-party insurance.

4) Easy and quick renewal process with zero documentation.

5) High claim settlement ratio.

Coverage in The New India comprehensive bike insurance Policy-

-Protection against vehicle loss or theft.

-Permanent disability and bodily injuries are covered under policy conditions.

-Up to 1 lac in coverage for third-party property damage.

The unfortunate death of a third party is also covered under the insurance provisions. The amount of compensation will be determined by criteria such as the third party's salary and age.

How to purchase Third party bike insurance from New India?

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 New India insurance and other insurers.

Step 5. You can select the quotation from The New India and fill out the proposal form.

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

Exclusions in The New IndiaComprehensive bike insurance policy.

It does not cover regular wear and tears on the bike.

Mechanical and electrical failures are not considered.

Damage or loss sustained as a result of being under the influence of alcohol or other intoxicants

Damage or damage caused by riding without a valid driver's license

Damage or loss caused by a warlike scenario.

'What is IDV in New India Assurance comprehensive bike policy?

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


-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 of consequence, breakdowns, deterioration, and wear and tear.

-What things are covered under the comprehensive policy?

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

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