Bike Accidents in India and Insurance Claims

In India, bike accidents are prevalent due to over speeding, poor road infrastructure, and reckless driving. To stay safe, motorcyclists should adhere to traffic rules, wear protective gear, and obtain adequate two-wheeler insurance coverage. This article highlights the frequency of bike accidents in India and emphasizes the importance of insurance in mitigating unforeseen risks.

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Number of Road Accident Cases in India

As per the report released by the Ministry of Road Transport and Highways, nearly half of road accident deaths in India involve two-wheelers. The below table highlights road accident rates in India over the last few years:

Year	Number of Road Accidents Involving Two-wheelers
2021	4,12,432
2020	1,58,954
2019	1,67,184

These figures represent a substantial portion, accounting for more road accidents in 2021 than 2020 and 2019. Sadly, one of every three-motorcycle accidents results in a severe accident.

To address this issue, the government introduced safety measures. Since April 1, 2018, motorcycles above 125 CC must have anti-lock braking systems (ABS). Additionally, new bikes must have permanent headlights in their vehicle, further enhancing visibility during nighttime and adverse weather conditions.

You may also read: What is ABS and Why You Should Have It in Your Bike?

Importance of Bike Insurance Policy In Case of Road Accidents

Bike insurance policy is a crucial document in protecting your precious possessions against several unforeseen consequences, including road accidents.

In India, there are two main types of two-wheeler insurance policies are available:

Third-Party Bike Insurance: As per the Motor Vehicles Act, 1988, third-party policy is legally required in India and covers liabilities for damage to third-party vehicles, property, or injuries in case of road accident.
Comprehensive Bike Insurance: A comprehensive bike insurance policy covers third-party liabilities and damage to your own bike. The policy offers coverage against loss due to theft, accidents, natural or man-made disasters, etc.

Documents Required to Raise Bike Insurance Claims Online

In the event of a bike accident in India, certain documents are essential for filing an insurance claim, such as:

Valid bike insurance policy
Copy of Registration Book, Tax Receipt (you need to furnish the original copy for verification)
Police FIR copy
Driving license of the rider.
Original repair invoice (in case of repairs in network garage) payment receipt
Estimation of total repair bill done by the garage
Discharge Cum Satisfaction Voucher obtained from the garage and signed by the policyholder with a Revenue Stamp

You may also read: How to File Bike Insurance Claims in India?

How to Buy Bike Insurance Online?

Buying bike insurance online from Policybazaar Insurance Brokers Private Limited is quite convenient. Here is a step-by-step process to easily buy two-wheeler insurance online:

Step 1: Click on Two-wheeler insurance button under the Insurance Products drop-down on the home page.

Step 2: Enter your bike number/registration number and click on View Plans.

Step 3: Compare multiple bike insurance quotes offered by top insurers in India and choose the right one as per your requirements.

Step 4: Choose add-on covers, such as zero depreciation cover, NCB protection cover, 24x7 roadside assistance cover, etc.

Step 5: Pay the displayed bike insurance premium amount using banking cards, UPI or Internet banking.

Step 6: Receive your bike insurance policy documents at your registered email ID.

Things to Keep in Mind

Here are some crucial reminders for motorcycle riders in India to keep them safe at all times:

Prioritize Safety: Riding a motorcycle makes you more susceptible to injuries. Always ride safely and adhere to all the traffic rules.
Helmet is Must: Helmets are mandatory because they protect your head. Therefore, wear one consistently, not just to avoid fines but for your own protection.
Invest in Riding Gear: If your budget allows, consider buying protective gear such as riding gloves, boots, jackets, pants, etc.

You may also read-Top 10 Helmet Brands in India & Need for a Good Helmet

In case you encounter a bike accident in India and have a policy through Policybazaar.com, these tips can help ensure a successful claim:

Promptly notify your insurer about the incident for speedy claim settlement.
File a First Information Report (FIR) is a mandatory step that you shouldn't skip.
Keep documents ready. This will facilitate faster claim processing.

Final Words

Motorcycle accidents are regrettably common in India. As a bike owner, it is your sole responsibility to ride safely and follow all the traffic rules. In addition, it is crucial to have comprehensive insurance coverage, as it provides you wider coverage with peace of mind.