Two-wheelers remain one of the most widely used forms of personal transport in India. While third-party bike insurance is legally mandatory, many owners now prefer comprehensive insurance because it can also protect their own vehicle against accidents, theft, fire, floods and other covered risks.
The choice of insurer matters when a bike actually needs repair. A large cashless garage network, straightforward claims, suitable add-ons and good digital support can make a significant difference. Considering motor insurance experience, service reach, cashless facilities and policy options, here are 10 of the best bike insurance companies in India. The numbering is an editorial selection and not an official IRDAI ranking.
1. Bajaj General Insurance Limited
Bajaj General Insurance, formerly Bajaj Allianz General Insurance, is one of the strongest choices for two-wheeler insurance in India. The company has extensive experience in motor insurance and offers third-party, standalone own-damage and comprehensive bike insurance.
Its comprehensive policies can be strengthened with add-ons such as zero depreciation, engine protection and roadside assistance. One of its biggest advantages is its repair reach. Bajaj General currently reports 7,200+ cashless garages across India. Customers can also register eligible claims through the Bajaj General app, including its on-the-spot claim facility.
Headquarters: Pune, Maharashtra
2. ICICI Lombard General Insurance Company Limited
ICICI Lombard is one of India’s largest private general insurers and has an established motor insurance business covering both cars and two-wheelers.
Bike owners can choose third-party, own-damage or comprehensive protection and add optional covers depending on their requirements. ICICI Lombard’s digital claim infrastructure, including InstaSpect for vehicle inspection, is another important advantage.
As of July 1, 2026, the insurer reported approximately 7,000 cashless garages specifically for two-wheelers, in addition to its separate car and commercial vehicle garage networks.
Headquarters: Mumbai, Maharashtra
3. Go Digit General Insurance Limited
Digit has become one of the strongest digital-focused insurers for bikes in India. Its policy purchase and claim processes are designed to be completed largely through smartphones, making it particularly convenient for customers who prefer online servicing.
Digit provides comprehensive, third-party and standalone own-damage bike insurance. Its policies can also be customised with add-ons, while customers have the option to adjust the Insured Declared Value within applicable limits.
The company currently reports 10,000+ cashless garages across India along with smartphone-enabled inspection and a paperless claim process.
Corporate Office: Bengaluru, Karnataka
4. SBI General Insurance Company Limited
SBI General combines a substantial motor insurance operation with the enormous distribution reach associated with State Bank of India.
Its bike insurance covers include third-party liability, own damage and comprehensive protection. Comprehensive policies can protect against accidents, theft, fire, natural calamities and several other insured events.
SBI General currently reports access to 7,000+ network garages for its bike insurance customers. The insurer also provides a No Claim Bonus of up to 50% for eligible claim-free renewals and offers roadside assistance facilities.
Headquarters: Mumbai, Maharashtra
5. Tata AIG General Insurance Company Limited
Tata AIG is another highly established name in Indian motor insurance. It combines the Tata Group’s domestic reach with the insurance experience of American International Group.
The company offers third-party, comprehensive and standalone own-damage two-wheeler policies. Its comprehensive cover can be customised through add-ons such as zero depreciation, roadside assistance and return-to-invoice protection.
Tata AIG’s current bike insurance page reports 5,300+ cashless garages and access to a team of more than 750 claims experts. It also provides multiple add-ons for customers seeking broader protection.
Headquarters: Mumbai, Maharashtra
6. HDFC ERGO General Insurance Company Limited
HDFC ERGO is one of India’s leading private-sector general insurers and offers a comprehensive range of two-wheeler insurance products.
Customers can choose third-party insurance, standalone own-damage cover, comprehensive insurance or suitable cover for newly purchased bikes. Optional protections include zero depreciation, emergency roadside assistance and No Claim Bonus protection.
HDFC ERGO currently states that its dedicated two-wheeler network includes 2,000+ cashless garages across India. It also uses its IDEAS technology for AI-enabled damage assessment during motor claims.
Headquarters: Mumbai, Maharashtra
7. IFFCO-TOKIO General Insurance Company Limited
IFFCO-TOKIO has more than two decades of experience in India’s general insurance sector and maintains a significant presence in two-wheeler insurance.
Its bike insurance customers can choose comprehensive as well as mandatory third-party protection. Features include cashless repairs, online renewals, No Claim Bonus benefits and 24×7 claim assistance.
One notable feature is IFFCO-TOKIO’s Quick Claim Settlement facility for eligible minor damage claims. The insurer also has a nationwide cashless garage network and a broad offline distribution presence through branches and agents.
Corporate Office: Gurugram, Haryana
8. ACKO General Insurance Limited
ACKO is a good choice for customers who want a highly digital bike insurance experience. Instead of relying heavily on a conventional branch and agent network, the company allows customers to purchase, renew and manage policies online.
ACKO offers comprehensive and third-party bike insurance along with optional covers such as zero depreciation and engine protection. Its comprehensive insurance provides cashless repair facilities and digital claim registration.
ACKO currently says more than 5,400 authorised workshops across India accept its cashless settlement. It also supports reimbursement claims when customers use other garages, subject to policy conditions.
Headquarters: Bengaluru, Karnataka
9. Reliance General Insurance Company Limited
Reliance General has an established motor insurance portfolio and offers multiple options for owners of motorcycles and scooters.
Customers can choose third-party protection as well as broader two-wheeler policies covering risks such as accidents, theft, fire, natural calamities and other insured events. Long-term two-wheeler policies are also available.
Reliance has invested in digital claim servicing through its Self-i platform. Its current online motor facilities include policy renewal, motor claim intimation and network garage searches, making it easier for policyholders to manage insurance digitally.
Headquarters: Mumbai, Maharashtra
10. The New India Assurance Company Limited
New India Assurance is one of India’s oldest and largest general insurers and remains an important choice for customers who prefer a government-owned insurance company.
Its two-wheeler portfolio includes liability-only policies, package policies and standalone own-damage insurance. The own-damage policy covers specified risks including accidental damage, theft, fire, natural calamities and malicious acts, provided the conditions of the policy are satisfied.
The insurer also provides online purchase facilities and dedicated motor claim documentation through its current website.
Headquarters: Mumbai, Maharashtra
Conclusion
Bajaj General, ICICI Lombard, Digit, SBI General and Tata AIG stand out as particularly strong choices because of their combination of motor insurance experience, cashless garage reach and modern claim facilities. HDFC ERGO, IFFCO-TOKIO, ACKO, Reliance General and New India Assurance are also well-established options for different types of bike owners.
Before selecting an insurer, check whether your preferred authorised service centre is included in its current cashless network. Also compare the IDV, deductibles, zero-depreciation terms, engine protection, roadside assistance and exclusions rather than choosing a policy purely on the basis of the lowest premium.
