Oriental Bike Insurance Premium Calculator

Oriental General Insurance Company also provides the online platform to calculate policy premiums with the Oriental bike insurance premium calculator. Further details of the tool regarding its benefits, usage, etc. are discussed below.

How to Use the Oriental Bike Insurance Premium Calculator?

The following are the steps to use the Oriental bike insurance premium calculator:

• Visit the official website of the Insurer or Policybazaar.com and click on the bike insurance calculator tab
• Choose the Oriental bike insurance premium calculator
• As the tool link opens, select the type of vehicle
• Select the engine CC
• Select the type of the policy
• Enter the following details accurately - IDV (Insured Declared Value), policy purchase date, zone, engine cc, nil depreciation, and NCB (No Claim Bonus).
• Click on calculate premium and the results will be displayed on your screen

Benefits of the Oriental Bike Insurance Premium Calculator

The following are the benefits of using the Oriental bike insurance premium calculator:

• It helps in understanding the accurate IDV (Insured Declared Value) of the bike to be insured, on the basis of which the cost of the premium and the sum insured is decided
• Aids to gain insight into the appropriate premium rate. This further aids in comparing different bike insurance plans and selecting the most suitable one
• It saves your time and efforts as everything can be done online

Oriental Third Party Two-Wheeler Insurance Premium Rates

            ( for reference purpose only)

The Premium for Oriental Comprehensive and Standalone Own Damage Bike Insurance Plans 

The rate of the premiums under the Oriental comprehensive and standalone own damage bike insurance plans can be calculated online using the calculator. You need to provide details like model and make of the bike, and its engine capacity. Accordingly, premium rates are calculated. 

However, it is important to mention that the premium rates for comprehensive and standalone policies vary because of the scope of coverage. A higher number of add-ons will increase the premium too.

Factors Affecting the Oriental Two-Wheeler Insurance Premiums

Several factors play a role while calculating the premium of any insurance policy. Below are such factors that affect the Oriental bike insurance premium calculation-

• If you are eligible for a no-claim bonus, then the calculator will ask for details. Then, depending on the percentage of the NCB, the premium calculator will calculate the premium.
• Many insurance companies charge a lower amount for the policy premium if the policyholder installs any appropriate and approved anti-theft device.
• According to the traffic conditions, the RTO or the Road Transport Office divides the country's geographical areas into three tiers. Since more traffic results in more accidents (major or minor), the sites noted to be in a high traffic area would be charged higher premiums in comparison to those in lesser traffic area.