Navi Bike Insurance Premium Calculator

The Navi two-wheeler insurance premium calculator is an online tool that assists in determining the appropriate premium amount for the Navi bike insurance plan. By providing some information about the bikes, such as the variant of the bike, its make, and model, the registration year, the RTO location, etc., you will be able to find out more about it.You can easily choose a cost-effective bike insurance plan after comparing the different premium amounts.

Read more
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)
Processing

Explore Two Wheeler Insurance
Bike Insurance
Bike Insurance Companies
e-Bike Insurance

Benefits of the Navi Bike Insurance Premium Calculator

Navi Bike insurance premium calculator allows the user to have certain benefits as follows:

  • Insured Declared Value (IDV)- By adding the model and make of the bike, its fuel type, variant, and age of the bike into a two wheeler insurance premium calculator, you can quickly get the exact IDV. With the appropriate IDV, you can figure out how much sum insured you can get from your insurance provider in the event of a theft.
  • Correct Premium Amount-The main goal of the premium calculator is to provide you with the correct premium amount for your bike insurance policy. It assists you in selecting a bike insurance plan that offers maximum protection as per your requirement.
  • Improves Decision Making- The premium calculator informs you about the current market values of the bike as well as the various insurance companies' premium rates. With the IDVs and premium costs of several bike insurance plans, you will be able to make an informed decision.
  • Choosing Premium as per your Pocket- You can use the premium calculator to compare the premium with and without add-on covers. It can help you understand the difference in premium and the correct IDV. Thus, it makes it easier to choose a relevant and cost-effective bike insurance.  

How to Calculate Two-Wheeler Insurance Premiums?

Step 1: Enter the bike's variant, make, model, and fuel type

Step 2: Fill in the year of purchase and bike's registered address

Step 3: Then the calculator will ask if you have filed a claim in the past years of the policy. Fill in accordingly 

Step 4: To calculate the right IDV and premium amount for bike insurance plans, click the 'Calculate' option

Two-Wheeler Third-Party Insurance Premium Rates

Engine Capacity

Premium To Buy a New Policy (5-Year Plan)

Premium To Renew Existing Policy (1-Year Plan)

Not exceeding 75 cc

Rs 2901

Rs 538

Exceeding 75 cc but less than 150 cc

Rs 3851

Rs 714

Exceeding 150 cc but less than 350 cc

Rs 7365

Rs 1366

Exceeding 350 cc

Rs 15117

Rs 2804

Source: Insurance Regulatory and Development Authority of India (IRDAI))

Premium for Comprehensive and Standalone Bike Insurance Plans

The difference between the premiums for standalone and comprehensive bike insurance plans is determined by several factors, including the bike's model, and variant, fuel type, age, and engine capacity, registration place, etc. You can use a premium calculator to obtain fast premium results for various bike insurance policies.

Factors That Determine Two-Wheeler Insurance Premium

  • Cubic capacity of the engine:The cubic capacity of a motorcycle's engine impacts its power. As a result, the bike with a larger cubic capacity will produce more power, but it will also increase the chance of accidents, putting the insurance at risk.
  • IDV or Insured Declared Value:The amount that insurers must pay to the policyholders is known as the Insured Declared Value (IDV). However, as the value of the bike depreciates over time, so does the IDV. As a result, the lower the IDV of the motorcycle, the smaller the premium will be.
  • Add-on coverage:Add-on coverage is used to extend the policy's coverage. They can be obtained by paying a small additional premium on top of the usual charge.
  • Bike modifications:Adding modifications to a bike improves its performance and security. However, it raises the vehicle's worth, requiring the insured to pay more premium for getting adequate protection.
  • Anti-theft gadgets:Anti-theft devices provide additional security for the bike. It significantly decreases the danger of insurers having to compensate policyholders. Hence, premium amounts are also low.

FAQs

  • Q. Which type of insurance is required for a two-wheeler?

    According to the Motor Vehicles Act of 1988, third-party insurance is required for all vehicles including 2-wheelers. If you have recently purchased a new bike or scooter and have elected to get basic third-party bike insurance, you will be required to purchase a 5-year policy.

  • Q. What is the purpose of basic own-damage bike insurance? 

    Own damage (OD) insurance is a type of two-wheeler insurance that offers you own damage (OD) Coverage. Own Damage (OD) refers to coverage for damage to your vehicle.

  • Q. How to ensure lower bike insurance premium rates?

    If you don’t wish to pay higher premiums for your bike insurance, you can get a third-party insurance cover. It is because third-party plans have lower premium rates. If you want a comprehensive plan, then consider avoiding adding any add-ons to keep the premiums low.

Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
Average Rating
(Based on 29 Reviews)

Two Wheeler insurance Articles

  • Recent Article
  • Popular Articles
03 Oct 2024

Check the VIN, Chassis Number and Engine Number

Every two-wheeler has several identifiers, which make it

Read more
10 Jun 2024

Common Problems Faced by Bike Owners and Their...

As a motorcycle owner, you might face various problems that

Read more
07 May 2024

10 Best Bikes for Long Rides in India 2024

Are you the one who want to cruise through the winding roads of

Read more
01 May 2024

MCWG Driving License in India

To regulate and ensure safe operation, every motorbike owner in

Read more
22 Apr 2024

9 Tips to Maintain Your Bike's Engine

Since the engine is your bike's heart, it is essential to keep

Read more

Three Easy Ways to Check Bike Insurance Expiry...

As significant as it is to buy a bike insurance for your motorbike, it is equally important to renew it timely

Read more

Vehicle Owner Details by Registration Number

Vehicle owner details can come in handy in various situations, such as road accidents, cases of reckless driving

Read more

How to Check Bike Owner Details by Registration...

In a world full of different types of two-wheelers, each one has its unique identity enclosed in its registration

Read more

How to Get Bike Insurance Details by Registration...

According to the IRDA, all bike owners must hold at least a third-party bike insurance policy in India. The bike

Read more

Parivahan Sewa & RTO: How to Check Your Bike...

As a two-wheeler owner in India, you must carry a valid bike insurance policy. Do you know with a few scrolls

Read more

Navi Bike Insurance Premium Calculator 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.
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.
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.
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.
Anuj
Dabhoda, June 20, 2020
No time waste
Buying an insurance from policybazaar is not a time waste. Check the best plan and buy it in 2 minutes.

^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 is the price for the third-party motor insurance for private electric two-wheelers of not more than 3KW (non-commercial).The list of insurers mentioned are arranged according to the alphabetical order of the names of insurers respectively.Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. The list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in