Navi Own-Damage Bike Insurance Policy

The Navi own-damage bike insurance policy, also called a standalone OD (own-damage) bike insurance policy, covers your two-wheeler against different types of damages or losses. The policy compensates for damage or loss arising from accidents, theft, natural calamities, man-made disasters, etc. Learn more about Navi OD bike insurance policy on the below page.

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Navi Own-Damage Bike Insurance Policy - Key Features

The key features of Navi OD bike policy are included in the form of a table below:

Categories Key Features
Policy Coverage
  • Coverage for accident-related damages or losses.
  • Financial assistance in case of two-wheeler theft.
  • Coverage for damages or losses due to man-made calamities like riots, war, civil disorder, strike etc.
  • Protection against losses from natural calamities such as floods and earthquakes.
Policy Premium
  • Economical premium rates.
  • Extra coverage options are available through add-ons or riders at an additional cost
  • Mandatory Personal Accident (PA) cover for bike owners with a minimal additional premium.
Convenience
  • Quick issuance of bike insurance policy without the need for paperwork.
  • Easy and smooth claim process backed with a wide network of garages.
  • Convenient online options for policy purchase and renewal.

*Disclaimer: The key features highlighted in the table above are for reference purposes only. To determine the exact coverage, it is recommended that you refer to the policy wordings.

Why Choose Navi Own-Damage Bike Insurance?

Navi General Insurance Ltd. own-damage bike policy provides financial coverage for your bike against various risks, including accidents, theft, natural and man-made disasters, and fire. It is advised to combine this insurance with mandatory third-party bike insurance for comprehensive protection.

Listed below are the top reasons why you should opt for a Navi OD two-wheeler insurance policy:

  • Additional Covers: The insurer offers various add-ons such as zero depreciation cover, engine protector cover, and more, allowing you to customise and enhance your own-damage bike insurance coverage to meet your requirements.
  • Reputable Insurance Provider: Navi General Insurance Limited is a reputable insurance provider well-known for providing bike insurance solutions that meet the diverse requirements of people.
  • Easy Claim Settlement: The company ensures a hassle-free claim settlement process, supported by over 850 cashless network garages across India.

Inclusions of Navi Own-Damage Bike Insurance

The inclusions of Navi OD two-wheeler insurance policy are as follows:

  • Protection against losses from earthquakes, floods, hurricanes, cyclones, and other natural disasters.
  • Coverage for damage caused by riots, strikes, terrorist activities, and similar events.
  • Coverage for any damage or loss resulting from accidents.
  • Two-wheeler insurance coverage for damage to your bike from fire, explosions, self-ignition, or lightning.
  • Compensation for losses due to housebreaking, burglary, or theft.
  • Protection for your bike while being transported by road, rail, lift, elevator, or air.

Exclusions of Navi Own-Damage Bike Insurance

Navi General Insurance Limited will not be liable to pay for any expense in respect of:

  • Mechanical or electrical breakdowns
  • Normal wear and tear or ageing of the bike
  • Depreciation or related losses are not included unless specific add-ons are purchased.
  • Third-party damages caused by the insured bike in a road accident.
  • Any damage caused by driving under the influence of drugs or alcohol.
  • Damage occurring outside the bike's authorised geographical limits.
  • Losses or damages that fall outside the policy's terms and conditions.

How to Buy Navi Own-Damage Bike Insurance Online?

To buy a Navi bike insurance policy, follow the steps listed below:

Step 1: Go to Policybazaar.com and tap the 'Insurance Products' option in the top menu.

Step 2: From the list of options, click on 'Own-Damage Bike Insurance'.

Step 3: Enter your two-wheeler details accurately and hit the 'View Prices' button.

Step 4: Pick Navi own-damage bike insurance from the insurer list.

Step 5: To proceed further, fill in the required details correctly.

Step 6: Make the premium payment online and the policy document will be shared with you via email on your registered email address.

How to Raise Navi Own-Damage Bike Insurance Claims?

Here is a step-by-step guide on how you can raise Navi own-damage bike insurance claim:

Step 1: Notify your insurance provider about the incident.

Step 2: Download the claim form from the insurer's website, fill it out accurately and sign it.

Step 3: Submit the claim form to the insurer along with the requested documents.

Step 4: After receiving the claim request, the insurance company will appoint a surveyor to assess the damages to your insured two-wheeler.

Step 5: The assessment report will be forwarded to the insurance provider for review. Your claim will be approved or rejected based on this report.

Step 6: If your claim is approved, you have the option for cashless repairs at any insurer's network garages. Alternatively, if you choose a non-network garage, you can pay for the repairs yourself initially and then submit the bills to the insurance company for reimbursement.

Documents Required for Navi Own-Damage Bike Insurance Claim

To file a claim for your Navi own-damage policy, you will need the following documents:

  • Completed and signed claim form
  • A copy of the FIR (if applicable)
  • Registration Certificate (RC) of the two-wheeler
  • Original OD bike insurance policy
  • Driving Licence (DL) of the person riding the bike at the time of the accident
  • Additional documents requested by the insurer

FAQs About Navi Own-Damage Bike Insurance Policy

  • Q1. What is Navi own-damage bike insurance policy?

    Ans: Navi own-damage insurance plan offers coverage for your bike against damages or losses from accidents, theft, fire, natural disasters, man-made incidents and more
  • Q2. Where can I get the Navi own-damage bike insurance claim form?

    Ans: You can get the Navi own-damage bike insurance claim form from the insurer's website. Make sure to fill it accurately to avoid claim rejection.
  • Q3. What is the cost of Navi own-damage bike insurance?

    Ans: Navi own-damage bike insurance is available at a budget-friendly premium. The cost depends on various factors like the bike's insured declared value (IDV), make, model, variant, age, location, and usage.
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
(Based on 29 Reviews)

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Navi Own-Damage Bike Insurance Policy Reviews & Ratings

4.8 / 5 (Based on 29 Reviews)
(Showing Newest 10 reviews)
Alok
Ranchi, October 09, 2021
Less paperwork
There was no paperwork while buying Navi Two Wheeler Insurance online from the website of Policybazaar. The company showed me a lot of features in add on cover and I chose only 2 covers which is Road Side Assistance Cover and Hospital Cash Cover.
Shirija
Nashik, August 18, 2021
Affordable plans
Somebody suggested me to buy two wheeler insurance for my new bike then i found an affordable plan on the policy bazaar website.i bought the Navi two wheeler insurance policy. as compared to others policy bazaar service is very good and hassle free.
Paritosh
, June 15, 2021
Protection for my two wheeler
I have protected my bike by getting a navi two wheeler insurance policy from the website of the policybazaar. I really like the plan and it has been a blessing for my bike.
Raveendra
, June 15, 2021
Cost effective plans
One of the best thing I like about policybazaar is that they provide such two wheeler companies list who has cost effective two wheeler plans. I got the plan of navi two wheeler insurance policy and that is relevant for my bike.
Ashok
Hamirpur, June 04, 2021
Compare and buy it
I always prefer to compare and buy the two wheeler insurance policy. So, I visited to the website of the policybazaar and found the dhfl two wheeler insurance plan. The plan has so many features and it is available in affordable premiums.
Vikram
Vadakara, July 02, 2020
Easy policy
The policy taken by policybazaar is quite genuine. And I really like the services provided by them.
Yasmin
G.k. Bhatar, June 30, 2020
Cover for all
The policy is available for everyone. You can just visit the website and check the best one for you.
Sahil
Adaspur, June 29, 2020
Claim
The assistance of claim given by the policybazaar is quite quick and hassle free.
Ishita
Allahabad, June 29, 2020
Membership
So, I got my two wheeler insured from policybazaar and because of that I got the membership of automobile association of India.
Mohan
Vadnagar, June 20, 2020
Benefits
I got a good number of benefits while I associated with policybazaar. With less premium amount I got good discounts in the prices.

^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