Reliance Bike Insurance Premium Calculator

The Reliance Bike Insurance Premium Calculator is an online tool that helps you calculate your 2-wheeler insurance premiums instantly. and makes it simple for the customers to make an informed choice.

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Insure bike in 60 seconds
1.1 Crore+ Bikes Insured
98.6% claims settled#
Get Two Wheeler Insurance starting at only ₹1.3/day*
Enter bike number (e.g DL1SB1234)
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How to Use Reliance Two-Wheeler Insurance Premium Calculator?

Reliance bike insurance premium calculator can be used with these simple steps:

  • Enter two-wheeler registration number
  • Enter your email ID
  • Provide the two-wheeler’s make, model, and variant
  • Enter your phone number
  • Click to accept the terms and conditions and click “Check Premium” to generate the quote for the Reliance bike insurance premium calculator
  • You can also tick on the past claim status, and then click on the “Calculate” button to generate and display the premium estimates from various insurers alongside the coverage IDV

Benefits of Two-Wheeler Insurance Premium Calculator

The primary purpose of the Reliance bike insurance premium calculator is to get an estimate of the policy’s premium. The customer can enlarge the scope for a broader canvas with the aggregator’s bike insurance calculator. Accordingly, the significant benefits accrued for using the online premium calculator are:

  • Make the Right Choice: Compare the various estimates quoted by different insurers based on the input to compare and choose the best suited.
  • Find the perfect IDV: The generated outcome also mentions the estimated IDV cover for the quoted premium. The customer can safely choose the best offer to assure of the value to receive upon total loss.

Third-Party Two-Wheeler Insurance Premium Rates

The IRDAI standardizes the premium rates for the compulsory third-party insurance as given in the table below:

Engine Capacity

The Premium for New 5-year Plan (Rs)

The Premium for 1-year Renewal Plan (Rs)

Below 75 CC

1045

482

Over 75 CC but below 150 CC

3285

752

Over 150 CC but below 350 CC

5453

1193

Over 350 CC

13034

2323

Source: IRDAI

Factors Affecting Two-Wheeler Insurance Premium

Some of the  factors affecting the bike insurance premium rates are given below:

  • Insured Declared Value (IDV):The value denotes the insured two-wheelers market price, and the amount is paid in accordance to the IDV to the policyholder at the time of claim settlement or total loss.
  • Engine Capacity:As it has a direct impact on the two-wheeler’s performance, the risk goes up with a higher Engine Capacity. Accordingly, the premium also increases.  
  • Anti-Theft Devices: Insured two-wheelers with such devices reduce the risk of theft or burglary, thus inviting a lower premium.
  • No-Claim Bonus:It is recognition for the driver sticking to safe driving norms. With every claim-free year, the policyholder is benefited from a lower renewal premium. NCB generally ranges from 20% to 50% for subsequent claim-free years.

FAQs

Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
(Based on 62 Reviews)

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Reliance Bike Insurance Premium Calculator Reviews & Ratings

4.8 / 5 (Based on 62 Reviews)
(Showing Newest 10 reviews)
Nandini
Jodhpur, October 09, 2021
Complete support
Recently I have insured my newly bought bike which was gifted to me by my brother. I went to the policybazaar for a bike policy and an executive helped me through the whole process. He provided me complete support and assistance. I took Reliance General plan according to my budget.
Manya
Vijayawada, October 09, 2021
Attractive features
I have taken the same plan which my friend has bought for himself. one of my friends has recently insured his bike from Policybazaar and i really liked the features that were provided to him in reliance general plan so I have bought the same plan for my bike.
Lakshay
Coimbatore, October 09, 2021
Good service
I always renew my policy on time because of Policybazaar. I have been using Oriental Two Wheeler Insurance for four years and I always get policy renewal notification. If I ever forget about the renewal I get calls as a reminder of the renewal.
Kushagra
Jabalpur, October 09, 2021
Cooperative staff
Policybazaar has cooperative and friendly staff. I have bought reliance general two wheeler insurance from here and i found the whole process convenient. now i am looking for more plans as i am impressed with the facilities offered to me.
Jasraj
Gwalior, October 09, 2021
Hassle free experience
I do not need to take tension for unwanted expenses as i have purchased reliance general two wheeler Insurance from Policybazaar. buying a policy from Policybazaar is very hassle free and customer does not need to do much things as Policybazaar handles everything.
Siddhant
Kalyan Dombivli, August 18, 2021
Hassle Free Experience
Randomly i was checking the two wheeler policy on policy bazaar. i liked reliance two wheeler policy then i bought it.i contacted the policy bazaar and agent provided me all the information about the policy in detail.i had a hassle free experience with policy bazaar. company gives 100percent support to their clients from their end.
Anurag
Rajendra Nagar, June 04, 2021
Affordable and customized
Policybazaar helped me customize my bike insurance plan for a reasonable premium. After comparing benefits, I decided to go for Reliance general two wheeler insurance and also got an extra discount for buying online.
Subhash
Partapgarh, June 04, 2021
Flexibility
Purchasing Reliance general two wheeler insurance for my newly bought bike was the best decision. I bought it two years ago through policybazaar a day after I bought my bike. The company has helped me with roadside assistance many times since then.
Neeraj
Pune, June 04, 2021
Protection for bike
I bought a protective shield for me, my bike, and third party just in case I need it someday. I made an online purchase through policybazaar where I was able to compare different plans. I finally chose reliance general insurance cover.
Ajay
N.paravur, March 19, 2021
All kind of Info available
I wanted to purchase a two-wheeler insurance policy for my Royal Enfield which I bought recently. I was suggested by my friend to make the purchase online from policybazaar because they provide all kinds of information related to the policy on their website and I ended up buying the Reliance general two-wheeler insurance plan. Thanks team

^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