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Own Damage Bike Insurance

Own Damage Bike Insurance

Starting from ₹100/year*
5 / 5
Based on 5 reviews
1 Lakh+ visitors/day
24/7 claim support
60 Sec express renewal
17+ Insurers
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Product Description

Own Damage (OD) Bike Insurance is a standalone policy that covers damages to your bike due to accidents, fire, theft, natural calamities, and other unforeseen events. It does not cover third-party liabilities and must be purchased alongside a third-party policy.

Features
Mandatory by law for all bike owners
Covers repair costs for accident-related damage
Premiums are fixed by IRDAI
Protects against theft and total loss
Covers injury, death, property damage to third parties
Includes fire and natural disaster coverage
Does not cover your own bike’s damage
Available as standalone or part of comprehensive cover
Easy to buy & renew online
Requires a separate third-party policy
Benefits
Keeps you legally compliant
Financial protection for your own vehicle
Budget-friendly premiums
Customizable coverage with add-ons
Covers third-party legal & financial liabilities
Ideal for bike owners with long-term third-party plans
Offers peace of mind in case of accidents
Ensures compensation for accidental damages
Saves you from heavy out-of-pocket expenses
Essential for maintaining bike value over time

Cover damages to your own bike in any accident

Starting from ₹1.3/day*
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Own Damage Product Description Insurance Reviews & Ratings
5 / 5 (Based on 5 Reviews)
(Showing Newest 5 reviews)
Ajay
Banaras, March 14, 2026
Covered Medical Expenses
I’ve been riding my bike to work every day for years. Last month, I met with an accident that left me hospitalised for weeks. My Bike Insurance’s Personal Accident Cover covered my medical expenses and also provided financial support during the recovery period when I couldn’t earn.I’d recommend every rider to never skip Personal Accident Cover.
Vikas
Ujjain, March 13, 2026
Seamless Support
When returning from work, my bike slipped and I was badly injured. It was when my Personal Accident Cover from Policybazaar ensured immediate financial support. No long waits, no confusion – just seamless assistance when I needed it most.
Anil
Delhi, March 12, 2026
Personal Accident Cover
I slipped while parking my bike and fractured my leg. The personal accident cover helped me with hospital expenses and also gave compensation for my recovery period.
Pramod
Gurgaon, March 11, 2026
Affordable plans
I purchased insurance for my bike with personal accident cover. Got at an affordable price.
Milan
Jalandhar, March 10, 2026
True Saviour
I was coming from the office when a car hit me and I fell down. As I tried to confront the person, he escaped. Thankfully, I had my Personal Accident Cover.