Bike Insurance Calculator

Compare a range of bike insurance policies offered by renowned two wheeler insurance companies in India. Using bike insurance premium calculator, you can choose the best two-wheeler insurance policy, based on a comparison of various insurance parameters.

  • Calculate bike insurance premium calculator instantly
  • Compare multiple two-wheeler insurance policies online
  • Get your free bike insurance quote

Have you purchased your recent bike insurance online? If yes, then are you considering calculating your bike insurance premium online? Well, it is possible with Bike Insurance Calculator. Use a two wheeler insurance premium calculator online and save maximum on your annual premium!

Benefits of Online Insurance

  • Online insurance for your two-wheeler is the best option as you don’t require a middleman
  • It is the quickest and requires less paper work
  • Compare two-wheeler insurance premium rate online
  • Use insurance aggregators’ websites online and compare insurance quotes via bike insurance calculator

The Term ‘Bike Insurance Calculator’

When you are investing a huge amount on your vehicle, you must know how to calculate your premium online. Thanks to financial experts, we have an online premium calculator for estimating your annual premium. Termed as Bike Insurance Calculator, it is an online tool, which makes your buying experience more convenient.

Advantages of Motor Insurance Calculator

The benefits of Bike Insurance Calculator include the following:

  • By using Two Wheeler Insurance Calculator online before buying an insurance plan for your bike, you can proceed with all the information that you need.
  • By comparing various insurance quotes online through a bike insurance calculator, you can avail the best deal according to your requirement.
  • You can check for yourself how the changes in variables of coverage influence your vehicle premium, with the help of a bike insurance calculator
  • You don’t need to rush into taking a decision. With online two-wheeler insurance calculator, you’ll have enough time to take the right decision, without any haste or under the influence of an insurance agent.

What is Bike Insurance Premium?

The bike insurance premium is a defined as an amount of money an insured requires to pay periodically to an insurer to avail the benefits under his bike insurance policy. By using bike insurance calculator,you can calculate your two-wheeler premium rate, depending on your insurance requirement.

How to Use Bike Insurance Calculator- Tips

While buying an insurance plan, ensure you use an online bike premium insurance calculator. It helps you evaluate your need and provides you with the best available insurance options. It is easy to use a bike insurance calculator. You just need to provide some valid information about the vehicle you own. You will find plenty of calculators online, which you can use for free. Simply fill in the required information about your bike. For instance-

  • IDV of the bike
  • Cubic capacity of your vehicle
  • Registration zone
  • Age of the vehicle

In detail, IDV is the cost that you will receive from your insurer in the event of any damage, theft etc. The insurer calculates it by applying the depreciated rate from showroom’s listed price and it doesn’t cover insurance cost and registration. You can also calculate this amount online and pay it by using credit/debit card or via NEFT.

Factors that Decide Your Bike Insurance Premium

There is no doubt that bike insurance is a must for every two-wheeler owner. After the third-party insurance was made mandatory by Motor Vehicle Act, calculating your annual premium by using a Two Wheeler third party insurance premium calculator became possible.

Third-party insurance provides assistance for legal liabilities that may arise out of loss or damages caused to the third party. Again, your bike insurance should also cover natural damages, man-made damages or accidental cover. Hence, there is no better way than insurance to assure financial assistance, when you need to take your bike to the garage and avail the cashless benefit. However, every good thing comes with a price. You’ll have to pay a lump sum amount to avail all the benefits linked to your plan. This is called premium and every insurance plan has a different set of premium rates, which can be calculated based on certain factors. Bike insurance is no exception.

The premium you are going to pay for your bike insurance differs from bike to bike or owner to owner. You may consider the below-mentioned factors that influence the premium a lot while it is being decided. Here we go:

Bike Insurance Calculator in India

Model of Your Bike

The premium you pay is decided based on the Insured Declared Value, which is alternatively known as ‘market value’ of your vehicle. Hereby, with an expensive bike like Harley Davidson or Royal Enfield Bullet, you’ll end up paying a higher premium. In case of car premium, fuel type also decides the rate of premium, as for diesel vehicles the premium is comparatively higher than the cars that run on petrol.


The deductible is a part of an insurance claim that you have decided to pay yourself. The insurer pays the rest of the amount. The higher you pay as deductible, the lower the insurance premium will be or vice versa. At the time of buying a plan, if you decide to pay more out of your wallet, the insurer will offer a certain discount on the premium.

No Claim Bonus

You are entitled to obtain a No Claim Bonus for every claim free year. It is a discount on your premium ranging from 20% in the first year to 50% in the sixth year. So it is advisable not to claim your insurance for minor damages.

Zero Depreciation Cover

By applying for add-on covers like zero depreciation cover, cashless hospitalisation cover, personal accidental cover or medical cover, you can notice a slight increase in your premium. So, we suggest not opting for the unnecessary ones and choosing the one you actually need. For instance, you can choose a zero depreciation plan over personal accidental cover if you already have a health insurance plan which covers the medical expenses and accidental hospitalisation. With a zero depreciation plan, you can avail the full value of your car in the event of an accident even after applying the depreciation rate.

Condition of the Vehicle

Insurance premiums for your vehicle are also decided by factors like age of your bike, type of vehicle you own, Cubic Capacity of the engine etc. The premium rate for expensive bikes or sports bikes with higher CC is comparatively higher. However, other factors include manufacturing year of the bike, place of registration, fuel type, accessories, any modification done, showroom cost etc.

Age of the Insured

The insurer assumes that the young riders are at higher risks than the mature or experienced bike riders. That’s why if you are purchasing a bike for your 18-years-old son, then you’ll end up paying a slightly higher premium.

Anti-theft Add-on Discount

Your insurer will offer a premium on discounted rate if you intimate the insurer about ARAR endorsed anti-theft device. To protect your bike you can fit an Anti-theft alarm, safety gear lock, GPS device etc.

Why You Need to Renew Your Two-wheeler Insurance

Usually, most of the bike insurance policies are issued for one year. It is your utmost responsibility to renew your policy within the stipulated time-period. You should mark on your calendar so that you don’t miss the due date and can enjoy the policy benefits without a break. With internet industry booming these days, almost every insurance provider allows their customers to renew the policies online. With bike insurance calculator, you can calculate the premium during the time of renewal. Two-wheeler Insurance Premium Calculator is your ultimate solution to compare the premium rates offered by other companies as well.

You just need to visit the websites of online aggregators, click on bike insurance calculator and get the quotes. We often notice that many buyers consider premium rate as the only criteria of buying a bike insurance plan. But our suggestion is to consider other features as well. We guess you shouldn’t mind paying a slightly higher premium to get better coverage. Well, use bike insurance calculator and keep your stress at bay!

No record found.
Average Rating / 5 ( reviews)
view more
Expert Speak

How much to pay for insurance

As an adult, what would you say are the major concerns that need protection in your life? i’d rate death, disability, critical illness, general health and well-being, old age and saving for children as the top points of anxiety for all. while we can’t prevent time and fate, what we can do is create a financial cushion to protect us and our loved ones. insurance does this and allows us to do th... [Read more]


  • What Your Bike Insurance Covers

    Purchasing a bike is very easy but deciding which one to buy is not that simple. So much hard work is invested in the complete process of purchasing a two-wheeler. You can check out various models offered by various bike manufactures and finalize the one that suits you the best. Once your brand new bike is out of the showroom and plying on roads, your bike is exposed to various risks, including theft, natural as well as man-made calamities. What do you do to ensure that your bike is safe and secu Read More
  • How Insurance Sector Faces Initial Hiccups Post GST

    While India is in the grasp of GST fever, most of the people find some of its promises compelling. As GST tends to influence every aspect of our lives, the insurance sector is no exception. The imminent execution of GST would definitely hold an influence on one’s financial planning, albeit slightly. As per the new announcement made by the Finance Minister, 3% hike on insurance premium is applied, i.e. from 15% to 18%, which indicates a prominent hike in the insurance services and products. This hike Read More
  • Royal Enfield Tour of Uttarakhand: Here’s Why Insurance is Your Best Pal

    It is time to ignite your racing passion with one of the leading two-wheeler manufacturers in India, as Enfield Cycle Co. Ltd is soon going to launch its first ever bike race. This is going to be one-of-its kind with ardent bike enthusiasts. Not to mention the clichéd dream of all college goers to explore the beauty of the Himalayas with their prized possession (Bike). If you are among them, the icing part is that it is going to be true with Royal Enfield Uttarakhand motorcycle tour, which kick-sta Read More
  • 9 Secrets That Your Motor Insurance Provider Won’t Tell You

    Due to the dangerous driving conditions, it is compulsory to have third party insurance for every vehicle plying on Indian roads. It ensures the overall safety of the people involved in a road mishap. As we all know, it is very difficult to land a great deal for your car insurance plan. Keeping your vehicle insurance premiums from increasing is the game that everybody wants to win but nobody knows the rules. Here are the 9 auto insurance secrets that would help you save money on your car insurance prem Read More
  • Third Party Insurance: Your Ultimate Stress Buster

    Our news channels are flooded with news related to various road accidents; vehicular collisions, road injury, or some extreme cases leading to a spot death or emergency hospitalisation. While driving your car on the road, there is always a possibility of an accident, injury or damages to a third party’s property in a road accident. The guilty car owner may right away be liable to compensate to the afflicted party. Here comes the third-party insurance in the picture, which saves you from being bankrupt due to such an emergency. As per the Indian Motor Vehicles Act, Third-party Auto Insurance i Read More


  • Ducati has Launched SuperSport Model in India Soon

    All the sports enthusiasts out there will be glad to hear about a hypnotic model of sports bike edition to be launched by Ducati Two Wheeler soon. In its recent announcement, the manufacturer has said that they will launch SuperSport model in India on September 22, 2017. A massive hustle is noticed in each dealership counter, as the initial bookings have already been started on the payment of token money Rs. 1 lakh. With its two new variants – the SuperSport S and the SuperSport, the bike is going t Read More
  • Yamaha Launches 'Dark Night' Edition Bikes

    Yamaha has recently launched the ‘Dark Night’ edition for three of its bikes. The latest edition is a cosmetic upgrade that comes with a matte black color scheme and chrome graphics.  Yamaha FZS-FI is a street bike that is loaded with a 149cc fuel-injected and air-cooled engine. Its power figures are 13.2PS at 8000rpm and 12.8Nm at 6000rpm. The two-wheeler weighs 132 kilograms and its fuel tank capacity is 12 liters. The FZS-FI is available in six colors - matte black (Dark Night), cyan, Read More
  • No PUC, No Insurance Renewal, says Supreme Court

    Any vehicle, unless the owner produces PUC Certificate, is not eligible for insurance policy renewal, the Supreme Court of India directed to various insurance companies offering motor insurance policies. The Magistrate, Madan B Lokur, heading a bench, also asked the Road Transport and Highway Ministry to ensure that all fuel stations throughout the NCR (National Capital Region) have PUC centers. The court also directed and has granted 4 weeks to center to make sure all PUC centers in the NCR are op Read More
  • Motor Insurance Papers or PUC not to be checked by the Mumbai Police

    Mumbai Traffic Police Chief has issued an ordered for the traffic police to not to demand insurance certificate or PUC from the motorists for the checking purpose. The order is issued soon after the joint commissioner, Milind Bharambe alerted his deputies about the complaints that their department has received for the on-road behavior of the traffic police constables. As per Milind Bharambe, the motorists and the traffic police constables engage in the heated arguments, which adversely affect the r Read More
  • Motor Insurance to be Made Compulsory for Fitness Test

    From April 1st, uninsured vehicles will not be permitted for the fitness test. The transport department is making certain changes in its online operations to make sure the transaction isn’t finished unless the legitimate insurance information is entered. The RTA offices will have the access to the insurance details, as the data will be uploaded to the system. Vehicle owners will have to present vehicle documents to get the fitness certificate. The officials would verify the documents first, and the Read More

What our clients say

Our partners
  • aegonlife
  • apollo
  • Aviva
  • Bajaj
  • baxa
  • cigna
  • edelweisstokio
  • exidelife
  • hdfcstandard
  • indiafirst
  • idbi
  • iffco
  • indiafirst
  • Kotak
  • liberty
  • lic
  • L&T
  • metlife
  • Max-Bupa
  • maxlife
  • Reliance
  • religare
  • royal
  • sahara
  • sbilife
  • star-health
  • Future Generali
  • oriental
  • universal Sompo
  • national
  • relianceGeneral
  • Kotak
  • United
  • digit
CIN: U74900HR2014PTC053454 Policybazaar Insurance Web Aggregator Private Limited, Registered Office no. - Plot No.119, Sector - 44, Gurgaon, Haryana - 122001
IRDAI Web aggregator License No. 06 License Code No. IRDAI/WBA21/15 Valid till 13/07/2018 Insurance is the subject matter of solicitation. Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the Insurer © Copyright 2008-2017 All Rights Reserved.