SBI Comprehensive Bike Insurance Policy

SBI comprehensive bike insurance policy provides coverage and protection for your two-wheeler from damages and losses, accidents, theft, disasters, and so on. It also comes with a wide variety of add-ons that you can opt for in addition to the comprehensive bike insurance, like roadside assistance cover, zero depreciation cover, and many more. Insurance companies also provide third-party insurance that will cover the damages occurring to the third party. Read on to know more about SBI comprehensive bike insurance policy.

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SBI General Comprehensive Insurance vs Third-Party Insurance


Comprehensive Bike Insurance

Third-Party Bike Insurance


It covers third party's damages and damages incurred by the insured's bike during an accident

The third-party bike insurance provides coverage for the damages and losses incurred by a third party  from the insured bike

Nature of Requirement

This insurance is not mandatory as per the Motor Vehicles Act

This insurance is mandatory under the Motor Vehicles Act in India. Not having third-party bike insurance will lead to the payment of heavy fines

Add-ons availability

Various kinds of add-ons can be opted for by an individual under third-party bike insurance

There are no add-on covers available with third-party bike insurance


The premium is on a higher side because of extensive coverage beneftis

Third-party insurance is comparatively less expensive because of the limited coverage benefits

Inclusions of SBI Comprehensive Bike Insurance Policy

SBI comprehensive bike insurance provides extensive coverage of different kinds. Following are the things that are covered under this bike insurance:

  • Own damage cover– SBI bike insurance policy covers damages and losses incurred by the insured's bike due to theft, accident, natural disaster, etc.
  • Personal accident cover–The comprehensive bike insurance provides compensation for the loss or damage caused to any bike parts that may have occurred in an accident.
  • Third-party liability–Any loss or damage to the third party's vehicle, person, or property due to the occurrence of an accident caused by the insured bike is also covered.
  • Fire damage–Coverage is provided if the insured bike incurrs any damage by fire or an explosion.

Exclusions of SBI Comprehensive Bike Insurance Policy

SBI comprehensive bike insurance does not cover the following expenses:

  • Regular wear and tear of the bike and its parts
  • If the driver was found to be under the influence of drugs and alcohol
  • Mechanical breakdown of the bike
  • When the driver was driving without a license

SBI Comprehensive Bike Insurance Benefits

An individual who wishes to opt for the SBI comprehensive bike insurance is sure to enjoy the benefits that come with it. Some benefits that you may experience after availing the comprehensive bike insurance are listed below:

  • Add-on covers – You can opt for a variety of add-on covers in a comprehensive bike insurance policy. Some examples of add-on covers that you can include in your bike insurance are zero depreciation cover, roadside assistance cover, etc. Therefore, you can customize the plan with add-ons of your choice.
  • Personal accident cover –In case of an accident, the policyholder may get a personal accident cover which mounts up to Rs 15 lakh under the comprehensive bike insurance in case of injuries or death.
  • Pillion rider cover –Pillion rider cover is also among the many benefits that a two-wheeler owner can avail of by purchasing comprehensive bike insurance to ensure the safety of others who ride with you. Financial assistance will be provided to the pillion rider by covering up the medical expenses due to the accident.
  • Coverage to third party liability –This insurance also covers the damages or losses incurred by the third party due to the insured bike. Compensation will be provided to cover up the damages incurred.


Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
(Based on 42 Reviews)

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SBI Comprehensive Bike Insurance Policy Reviews & Ratings

4.8 / 5 (Based on 42 Reviews)
(Showing Newest 10 reviews)
Guwahati, October 09, 2021
Easy to buy
Insuring the bike is quite easy. Policybazaar provides the easiest process to buy any kind of policies. customers can easily compare different plans on one platform and calculate the exact premium rate with the help of premium calculator. I went through the same process and it was really easy.
Madurai, October 09, 2021
Supportive team
I never bought policy before this. i have taken the sbi general two wheeler insurance from policybazaar. i bought my plan with help of policybazaar team . they guided me and explained every single step of procedure to me. Their team always gives the best suggestions to their customers.
Raipur, October 09, 2021
High coverage
In my sbi general two wheeler insurance, i have got coverage against unplanned incidents. i have got coverage not only for the insured vehicle but also for the personal accident of the driver/owner. i have added pillion rider feature by paying an additional amount.
Chandigarh, October 09, 2021
Affordable plan
After searching affordable plan for bike on Google i found the website of Policybazaar. in my sbi general bike plan i have got coverage against damages or losses to the insured bike due to accident. i have got little discount on the premium rate.
Kota, October 09, 2021
Easy to buy
It is way convenient to check the plans on the website of Policybazaar. The interface of the website is user friendly and all the information regarding each policy is given on the website. Even I bought sbi general bike plan online from here.
Vasai Virar, August 18, 2021
Easy to compare
I got a great package of SBI Two wheeler policy from policy bazaar website.i just bought a bike 2 months ago. one of my friend suggested me to insure my bike. after comparing so many plans i took right one according to my pocket.
Gorakhpur, June 04, 2021
Good coverage
The coverage amount of my two wheeler insurance plan is much better and good. I kept it high so that in case I faced any emergency then it can be used easily and I wont face burden.
Basti, June 04, 2021
Roadside assistance cover
In my SBI general insurance plan, which I took 3 years back I had taken the cover of roadside assistance. The plan is naturally very good and I am happy with the services of the team. Even I have suggested many of my friends to buy this plan.
Balia, June 04, 2021
Affordable two wheeler plan
I took the SBI general two wheeler insurance plan from the website of the Policybazaar. It is very much affordable and easy to buy online. I can even customized my plan as per my requirements. I am thankful to policybazaar for giving such good plans.
Odagoan, February 15, 2021
Liability Cover
I bought third-party liability cover for my bike. They called me to check if I bought the right policy or want to upgrade the plan. They always help me suggest policies with maximum coverage as per my pocket.

^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