ICICI Lombard Bike Insurance Premium Calculator

The ICICI Lombard bike insurance premium calculator is a free online tool designed to get an estimated bike insurance premium. The premium amount is determined by factors such as the make, model, variant, fuel type, engine capacity, and more. Read ahead to understand how to use the calculator efficiently.

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Insure bike in 60 seconds
1.1 Crore+ Bikes Insured
Get Two Wheeler Insurance starting at only ₹1.3/day*
Enter bike number (e.g DL1SB1234)
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How to Use the ICICI Lombard Bike Insurance Premium Calculator?

With the help of the following steps, you can use the bike insurance calculator online available at Policybazaar.com:

  • Step 1: Visit the official website of Policybazaar Insurance Brokers Private Limited.
  • Step 2: Choose 'Bike Insurance Calculator' from the 'Insurance Products' drop-down menu at the top of the page.
  • Step 3: Select your bike's make, model, and variant from the available options.
  • Step 4: Enter the ex-showroom price of the bike, along with the city of registration and the year of purchase.
  • Step 5: Indicate whether you have made any claims in the previous year.
  • Step 6: Click the 'Calculate' button to find your bike model's estimated bike insurance premium.

Benefits of ICICI Lombard Bike Insurance Calculator

Finding the premium amount for your bike insurance is quite convenient and offers several advantages:

  • Effortless to Use: The bike insurance calculator is user-friendly. To find your bike, it only requires basic information about it, such as its make, model, variant, year of registration, and city of registration. Therefore, you do not need advanced financial knowledge to get the desired result.
  • Tailor Your Requirements: You can customize your own-damage or comprehensive bike insurance by selecting add-ons that suit your specific requirements. Therefore, a calculator helps you know the premium amount for the chosen add-ons.
  • Informed Decision-Making: The calculator helps you find the upfront premium cost, which will help you make informed decisions about purchasing a bike insurance policy.

4 Factors Affecting the Bike Insurance Premium

IRDA determines the premium of the third-party bike insurance. The comprehensive bike insurance premium depends upon several factors discussed below:

  1. Engine Capacity: The cubic capacity (CC) of your bike's engine is a significant factor in determining the premium. Higher CC engines typically attract higher premiums.
  2. Make and Model: Your bike's brand, model, and variant also affect the premium cost. High-end models usually have higher bike insurance premiums.
  3. Age of the Bike: Older bikes generally have lower premiums as the depreciation is applied.
  4. Add-on Covers: A bike insurance policy offers additional coverage options, known as add-ons, to enhance your policy by providing extra protection for a small premium. ICICI Lombard bike insurance policy offers various add-ons, such as zero-depreciation cover, roadside assistance cover, NCB protection cover, etc.

FAQs About ICICI Lombard Bike Insurance Premium Calculator

Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
(Based on 27 Reviews)

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ICICI Lombard Bike Insurance Premium Calculator Reviews & Ratings

4.3 / 5 (Based on 27 Reviews)
(Showing Newest 10 reviews)
Jayant
Faridabad, July 25, 2016
Nice Policy
I purchase a new bike and for that i buy a icici two wheeler insurance plan. The insurance is very nice and easy to renew on website portal. The tow service is free of cost. Garages are many and service is fantastic. Except tires and fiber parts the whole bike is secure.
Manoj
Patoda, July 08, 2016
Two Wheeler Insurance
The two wheeler insurance policy of my vehicle is fantastic. It has low premiums and the returns are high. The tow facility is free, and provided at any location. Service is awesome and good work done by members of the company. Online service is easy to use.
Gautam
Bhopal, June 25, 2016
Good Work
My two wheeler insurance plan is good and it come's in low premium. The policy has secure my whole vehicle except tires and fiber parts. Policy claims are high and easy to sanction due to fast service facilitate by the executives. Tow service is at any location but it may charge for that.
Sunil
Korba, June 05, 2016
bike insurance
Plz help me
Amrit
Delhi, May 21, 2016
cashless compersive two wheeler policy
I need cash less policy for my two wheeler
Amar
Bangalore, May 20, 2016
Insurances
Need to renewal two wheeler insurance
Zara
Bangalore, April 29, 2016
Best Services
premium is high but services matter. And better IDV compare to competitors. It was ease to pay online
Kshitij
Panipat, March 15, 2016
Marvelous
ICICI Lombard General Insurance is the finest insurer that's why i buy the two wheeler insurance policy plan from them. The policy coverage is high and the claims are even better. Whole bike is insure in the policy and the claiming amount is about one lakh forty thousand rupees. Good number of garages are providing service to the customers for better and fast recovery.
Arindam
Meerut, March 15, 2016
"Damn Good"
I have insurance for my two wheeler with icici lombard general insurance. Policy coverage is good but the premiums are little bit high. Claims are high and the amount is approx. Rs.1 L. Large number of garages are providing fast services and the recovery is so quick no long waiting.
Kumar
Chattarpur, March 15, 2016
Excellent Policy
Great two wheeler insurance policy plan which i buy from icici lombard general insurance. Large amount of garages are present in the city for on time service. Policy provide good claims which includes whole vehicle recovery. Service is the best provided by the executives and the staff members.

^The renewal of insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for a transaction may vary subject to additional data requirements and operational processes.

^The buying of Insurance policy is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. Actual time for transaction may vary subject to additional data requirements and operational processes.

#Savings are based on the comparison between highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.

*TP price for less than 75 CC two-wheelers. All savings are provided by insurers as per IRDAI-approved insurance plan. Standard T&C apply.

*Rs 538/- per annum is the price for third party motor insurance for two wheelers of not more than 75cc (non-commercial and non-electric)

#Savings are based on the comparison between the highest and the lowest premium for own damage cover (excluding add-on covers) provided by different insurance companies for the same vehicle with the same IDV and same NCB.

*₹ 1.5 is the Comprehensive premium for a 2015 TVS XL Super 70cc, MH02(Mumbai) RTO with an IDV of ₹5,895 and NCB at 50%.

*Rs 457/- per annum (1.3/day) is the price for the third-party motor insurance for private electric two-wheelers of not more than 3KW (non-commercial). Premium is payable on an annual basis