SBI Third-Party Bike Insurance

SBI General third-party bike insurance is a two-wheeler insurance policy covering the insured for any damages an individual's bike can cause to a third party vehicle, person, or property, during an accident. Having third-party bike insurance is also mandatory as per the Motor Vehicles Act. SBI Third-party bike insurance covers all costs and expenses to meet third-party legal and financial liabilities.

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SBI Third-Party Bike Insurance vs. Comprehensive Bike Insurance


Third-Party Bike Insurance

Comprehensive Bike Insurance


This insurance policy is designed to cover the damages caused to a third party person or vehicle by the insured vehicle

This insurance policy is designed to cover damages incurred by both the third party and own damages

Nature of requirement

Third-party bike insurance is compulsory as per the Indian Motor Vehicles Act

It is not necessary but is recommended for higher coverage benefits

Availability of add-ons

There are no add-on options under this policy

You can choose from a variety of add-on covers at a nominal extra premium


Due to the limited coverage provided under this insurance, it costs less than comprehensive bike insurance

As this insurance provides a variety of coverage, including add-ons (if desired), this insurance costs a bit more than the third-party bike insurance

What is covered under SBI third-party bike insurance plan?

The following coverage is provided to customers who wish to avail of the SBI third-party bike insurance:

  • SBI third-party bike insurance bears the cost of losses incurred by the insured's bike to the third party, which may be a person, a property, or a vehicle
  • Up to Rs 1 lakh property damage cover is provided
  • Suppose the accident causes any damage to the third party, such as injuries, any disability, or death, by the insured's bike. In that case, the third party is compensated by the Insurer

What is not covered under SBI third-party bike insurance plan?

SBI third-party bike insurance policy does not provide a wide variety of coverage to customers. The exclusions under the SBI third-party bike insurance policy are given below:

  • Any loss or damage incurred by the insured or the pillion rider
  • Loss or damage due to unlawful activities
  • Claims files for loss or damage incurred due to drunk driving
  • If the policyholder is found to be without license at the time of incident
  • There is no personal benefit for the policyholder. Any type of damage incurred by the policyholder’s bike will not be compensated


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SBI Third-Party Bike Insurance 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.