National Two-Wheeler Insurance Premium Calculator

The National bike insurance premium calculator allows the bike owners to calculate the premium amount on the two-wheeler insurance policies they seek to purchase. Using the premium calculator, a user can easily compare different policy plans and choose accordingly. Using the premium calculator also saves the policyholder both time and money. Therefore, using a bike insurance premium calculator before purchasing a policy is beneficial for you in all aspects.

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What is National Bike Insurance Premium Calculator?

A bike insurance premium calculator is an instrument that potential bike insurance policy buyers can use to calculate the premium amount on their two-wheeler insurance policy. To get the correct premium amount, the policyholders need to enter the following details:

  • Bike's make and model
  • The variant of the bike
  • Year of purchase of the bike
  • RTO location of the bike

Based on the specifications mentioned above, a bike insurance premium calculator will let the bike owners know the premium amount required. Thus it becomes easier for them to get an idea of the premium they need to pay to get the desired bike insurance policy. Furthermore, a bike insurance premium calculator allows the bike owner to compare the policies and premiums of different insurers.

How to Use the National Bike Insurance Premium Calculator?

The steps to use the bike insurance premium calculator of National Insurance is given below:

  • Step 1: Select the make and model of your bike. Then, choose the bike variant and its fuel type.
  • Step 2: Select the bike's city of registration and year of purchase.
  • Step 3: Mention any claim request made in the last policy term or any no-claim bonus.
  • Step 4: Click on the 'Calculate' button to find the IDV and premium for the bike insurance policy.

Benefits of National Bike Insurance Premium Calculator

There are multiple benefits of the bike insurance premium calculator of National Insurance company. It helps the bike owners to decide the best-suited policy as per their requirements. The benefits can be summarized as:

1. Time saver: Bike owners save time by using the premium calculator as it instantly brings forward the premium amounts for different insurance policies. In this way, you don't have to go through the manual process of visiting any branch, getting in touch with an expert and then knowing the premium details of your insurance policy.

2. Money saver: Bike insurance premium calculator lets the insurance seeker compare the various insurance plans and premium quotations of different insurance companies and choose the best premium plan and policy depending upon their requirements. This will help them find the most reasonable plan and prevent them from paying more for any other policy that doesn't suffice their needs.

3. IDV: Bike insurance premium calculator allows the bike owner to ascertain the IDV of the bike that is to be insured.  The Insured Declared Value reflects the correct market value of the bike.

4. No external influence: Since the premium is calculated online, there is no scope of manipulation of the bike owner's decision by insurance agents or any other person.

Third-Party Bike Insurance Premium Rates

Engine Capacity

Premium to Buy A New Policy (5-Year Plan)

Premium to Renew Existing 1-Year Plan

Maximum 75 cc

Rs 1,045

Rs 482

Exceeding 75 cc but less than150 cc

Rs 3,285

Rs 752

Exceeding 150 cc but less than 350 cc

Rs 5,453

Rs 1,193

Exceeding 350 cc

Rs 13,034

Rs 2,323

            ( for reference purpose only)

Premium for Comprehensive and Standalone Own-Damage Bike Insurance Plan

The premium for a comprehensive and standalone own-damage bike insurance plan depends upon several factors, including bike's make, bike's variant, bike's fuel type, engine capacity, location of bike's registration, etc.

Therefore, bike owners should be well aware of these factors to ensure purchasing the right bike insurance plan. Moreover, the premium rates for the comprehensive and standalone own-damage insurance plans would differ for every customer depending on the various add-ons chosen. And all this can be determined using an online premium calculator.

Factors Affecting Bike Insurance Premium

1. Fuel type: Two-wheelers that run on CNG have a higher premium value than the two-wheelers that run on diesel or petrol. It is because they need higher maintenance. Therefore, if your two-wheeler runs on CNG, you will have to pay a higher premium.

2. Insured Declared Value: The IDV is the maximum amount that an insurer pays to the insured in case the bike gets stolen, or the owner faces a constructive total loss. Higher the IDV, the higher the amount the bike owner will receive in case of any such eventuality. A higher IDV will result in a higher premium.

3. Anti-theft devices: If anti-theft devices are installed on the bike, the probability of the bike getting stolen decreases. Thus the liability of the insurer also decreases. The premium amount to be paid in such cases is less.

4. No-claim bonus: The insurer rewards every no-claim year with a bonus to the insured. A higher value of NCB would mean a lower premium.

5. Add-ons: Add-ons are additional policy covers which further increase the value of the premium.

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National Two-Wheeler Insurance Premium Calculator Reviews & Ratings

4.8 / 5 (Based on 45 Reviews)
(Showing Newest 25 reviews)
Pradeep
Agra, October 09, 2021
Good features
I have saved my savings from getting wasted in unwanted expenses. I took National Two Wheeler Insurance for my bike and It provided me the facility of cashless repair in case of damage to the insured bike due to an accident.
Harish
Nashik, October 09, 2021
Add on cover
Customization is the best option on the website of Policybazaar. After comparison I bought national two wheeler insurance and with add ons I added additional features under it. I really liked the coverage that is provided in my plan.
Rimzhim
Ghaziabad, August 18, 2021
Easy payment mode
I have seen so many deals on the various website then i bought a national insurance plan for my vehicle from policy bazaar. i am so satisfied and happy with the services of policy bazaar.online procedure was smooth and making payment was easy.
Ritish
Ludhiana, August 18, 2021
faster claim settlement
I got low cost plan for my two wheeler from National two wheeler insurance which i took from policy bazaar. they are providing me faster claim settlement under my plan.i do not need to go anywhere to track my status i can do this from home itself.
Sakshi
Agra, August 18, 2021
Best deals
I was not satisfied with my previous policy and I talked to my friend about this and my friend suggested me to switch your plan and buy from policy bazaar, you will like their plans.now i am satisfied with my new plan.
Sohan
Gadag, May 10, 2021
Quick and easy claiming process
I was looking for a two wheeler insurance policy for my bajaj pulsar 125. I wanted to purchase a policy which does not require me to run around to get the claiming done. I ended up purchasing the National two wheeler insurance policy because the promise to provide quick claiming process. Thanks team
Divesh
Faridabad, May 10, 2021
Low premium rates
I recently bought a Honda active and I was looking to purchase a two wheeler insurance policy. I went online and went on the policybazaar website. I was amazed to see so many insurance policies and I chose the national two wheeler insurance policy because it fit my budget and the premium rates were low. Thanks guys.
Roma
Hadol, May 10, 2021
Good coverage
I was looking for a two wheeler insurance policy for my Honda shine. I purchased the bike recently and I wanted a policy that could provide cover in case of accident happens. I went on policybazaar and I bought national two wheeler insurance policy because it fit my needs. Thanks team
Rohit
K.c. Pur, March 19, 2021
Numerous Methods to Make Online Payment
I purchased National Two-Wheeler Insurance for my Bajaj Pulsar 150CC bike through policybazaar.com. First of all, I want to say that despite being new at online purchase I did not find any difficulty in online purchase of bike insurance policy as their user interface is very easy, Moreover, policybazaar.com provides numerous options to make an online purchase which includes the use of debit/ credit card, NEFT transfer, using UPI payment, Net-Banking, etc. are to name a few. I used debit card payment and purchased policy without any issue.
Hemali
K.c. Pur, March 09, 2021
Quick and Simple Policy Renewal
I wanted to renew the National Two-Wheeler Insurance policy online and I selected policybazaar.com as a platform. The understandable user interface of this website helped me to quickly renew my policy.
Janki
J.n.prasad, March 09, 2021
Easy Claim Settlement Process
My Honda Activa is insured with a National Two-Wheeler insurance policy. Due to an accident, I had to file a reimbursement claim for my two-wheeler and I took the help of policybazaar.com. Here I want to mention that this is the best decision that I have made as the executive at policybazaar.com helped me throughout the claim settlement process. The settlement process would not be that simple and quick if I would have contacted the insurance provider directly. Thank you, team, policybazaar.com.
Mehul
K.c. Pur, February 18, 2021
Tight budget is not a problem
I bought my dream bike recently but I have put almost all my money into it. I had to get it insured but I had tight budget. I went on policybazaar’s website and found the National insurance policy which suited my budget. Thanks team.
Shaoni
Laharpur, February 18, 2021
Would suggest you all
I bought a Royal Enfield recently and got it insured under National insurance which I purchased from Policybazaar’s website. I would suggest you all to buy your insurance policy from this website only. It provides you with all kinds of information. Thanks team
Rutuja
J.n.prasad, February 18, 2021
All kind of information
I got all the information I needed before buying the National insurance for my brand new Bajaj pulsar 220. Policybazaar made it possible for me as it was an effortless experience and I loved it.
Sarah
N.e.khawdungsei, February 17, 2021
User-friendly website
I bought a Honda Activa for my kid and wanted to get it insured. People in my office advised me buy the National insurance so I went on to Policybazaars website as I see their advertisement on TV and I must say it is a user-friendly website and I bought the policy very quickly.
Armaan
Sabang, February 17, 2021
Claim assistance
My bike was insured with National Insurance which I bought from the Policybazaar. At the time of claim settlement Policybazaar assisted me and got it done in a few minutes. Thanks team.
Yash
Babhleshwar, February 17, 2021
National insurance is good
I was looking for an insurance policy for my Honda Access and after going through many insurance policies I landed on National insurance as it fulfills all the requirements. It is a good policy for two wheelers.
Vedansh
Babhleshwar, February 10, 2021
Renewal of the policy
Last year I renewed my two wheeler insurance policy from the website of the national insurance. It was easy and quick and I really don’t have to follow long steps. I easily renewed my policy online. Great work team.
Tanmay
Habra, February 08, 2021
Online payment is safe
I bought a Yamaha FZ25 recently and wanted to get it insured with National insurance. I wanted an online solution for this with a safe payment gateway. I was suggested by my friend to do it on Policybazaar’s website and yes he was right, everything was precisely explained and the payment gateway was secure. Thanks team
Nishant
Baarod, February 08, 2021
All information on whatsapp
This is something exciting that I experienced recently. I got all the details related to the National insurance policy for my bike on my whatsapp in a doc file in a very précised manner from policybazaar. I am amazed. Thanks team.
Devansh
Nabadwip, February 05, 2021
Guidance is provided
Policybazaar’s customer executive guided me when I was looking for a bike insurance policy. It was my first time as I bought a Royal Enfield Classic and the customer executive guided me through-out the process. Thanks man.
Siddharth
Nabadwip, February 05, 2021
Time savior
I got my TVS Jupiter insured with National insurance. My policy was about to expire so I had to renew it. I got it done in a few minutes from Policybazaar’s website and saved a lot of time in my busy schedule.
Anjali
Ichoda, February 01, 2021
Quick and easy renewal
My bike is insured under National insurance and I was looking for an online solution to get my insurance renewed. I just went on the Policybazaar’s website and the renewal process was pretty quick and easy. It took me a few minutes and my insurance was renewed.
Tanya
J.n.prasad, February 01, 2021
Smooth experience
I bought a Bajaj Pulsar 150 CC and wanted to get it insured under National insurance. I just wanted a smooth process without much hassle. As I have seen the advertisements of Policybazaar on TV so I thought of trying it and trust me it is exactly like they say on the advertisement. Smooth and hassle-free experience. Good Job guys.
Enakshi
Ichoda, January 29, 2021
Compare and buy
I was looking for an insurance policy of my TVS Apache RTR 180. I just went on to the Policybazaar website which let me compare among different policies and buy the one best suited for me.