Bangalore, the IT Hub of India (also called Silicon Valley of India) has attracted a lot of people to migrate to this city for opportunities it offers. However, the increasing population and traffic in the city has caused a few problems for its public. With over 1.2 crore registered vehicles in just the city of Bangalore, and nearly 800 deaths by accident in the year 2024, having a two wheeler insurance in the city of Bangalore is a must. Also as per the Motor Vehicle Act 1988, it is also mandatory to have a third-party two-wheeler insurance in the city.
While Bangalore is indeed a crowded city, travelling through the city’s streets is a task in itself. With the rising vehicle population, narrow roads, uncertain weather conditions, having a two-wheeler insurance sounds like a smart decision. But having insurance is not enough, customizing your insurance policy as per the needs in the city of Bangalore is also necessary. A two-wheeler rider faces many problems riding on the streets of Bangalore like:
With over 1.2 crore registered vehicles on the public road, traffic in Bangalore is hectic. Also manoeuvring your two-wheeler in the busy and narrow streets also is a difficult task. An increase in the number of vehicles means an increase in the likelihood of accidents and mishaps happening. Whilst purchasing an insurance policy, add-ons like personal accident cover is reasonable.
The city of Bangalore is notorious for having uncertain showers throughout the year. Especially during monsoons, the pours can create water logging in many areas, and sometimes even to floods. Protecting your bike during such calamities can save you from a financial burden that has a high chance of happening.
With an increase in population and isolated areas in the city, the likelihood of thefts, vandalisms and acts of violence also increases. Areas like RR Nagar, Kengeri, Jnanabharati, have reported a number of thefts and protecting your precious two-wheeler against these crimes is a must. Insurance companies offer IDV in cases of thefts and vandalism, you should consider and compare these values before coming to a decision.
Bengaluru has dense traffic and high accident rates, especially in areas like Silk Board, Hebbal, and Outer Ring Road. Having a nearby network garage is handy, and crucial. Looking for insurers that have tied up with such network garages can save time and money in the city of Bangalore.
Getting from one place to another in Bangalore takes time. Generally, going from home to office takes an hour or two depending on the traffic situation in the city. Having add-ons like Zero Depreciation and Roadside assistance 24x7 can help further protect your bike while maintaining the premium rates.
Having at least a third-party insurance is mandatory in Bangalore. The Karnataka RTO makes routine and frequent checks at traffic stops if a two-wheeler has all the documents including insurance. Not having insurance can land you in some trouble (like hefty fines or even impounding in case of repeated offences). Make sure to have at least a third-party insurance.
In a city like Bangalore where traffic mishaps, minor dents, or even vehicle theft are common, having a smooth claim experience is essential. Having a quick, hassle-free claim process along with excellent customer support from the insurer (Like Coverfox) can help you out and ease your struggle at the time of need.
In Bangalore, there are currently 3 types of two-wheeler insurance available. Amongst the three, having a third-party two-wheeler insurance is mandatory. Here are the 3 types of two-wheeler insurance in the city of Bangalore:
A third-party two-wheeler insurance covers damages done to the third party (vehicle, individual or property) during an accident by you. This type of insurance is mandatory as per the Motor Vehicle Act 1988 and not having it whilst riding the streets of Bangalore can lead to hefty fines.
Inclusions:
Exclusions:
A comprehensive insurance covers not only third-party insurance, but also damage done to your own bike. As the name suggests, comprehensive insurance can cover every aspect of your bike that needs to be insured by customising the insurance policy with add-ons. Things like natural calamities, theft, engine protections, etc are covered in comprehensive two-wheeler insurance (Depends on the customisation).
Inclusions:
Exclusions:
Standalone own-damage insurance focuses solely on covering damages to your bike. This type of insurance is only available if you already have third-party insurance from the same or other insurer. This policy is best for those who already have third-party insurance and want to further protect their bike or two-wheeler.
Inclusions:
Exclusions:
You can buy two-wheeler insurance online through Coverfox in Bangalore very easily by:
The process of renewing your two-wheeler insurance is simple and fast. To do so, follow these steps:
If your old policy is from Coverfox then:
Your policy will be renewed after the payment and verification of documents.
Below are the documents required to buy/renew insurance policy
Follow these steps to make a claim for your two-wheeler insurance in Bangalore:
Documents required for filing a claim are:
You can easily reduce your two-wheeler insurance premiums in Bangalore by these simple tips:
With two-wheelers being the choice for many commuters in Bangalore to manoeuvre against the ever going traffic, having a proper two-wheeler insurance will help you go a long way safeguarding your financial interests and protect you from legal troubles. Buy your two-wheeler insurance at the earliest from Coverfox online in Bangalore. Ride Safe.
A third-party insurance is mandatory to have in Bangalore.
Compared to other cities in the state of Karnataka, Bangalore may have higher premium rates due to population, accident prone areas, theft and climate.
Theft prone areas, high traffic, climate, safety features of the bike, driving record of the policy holder, etc are a few major factors that affect premium rates in Bangalore
The fine for not having two-wheeler insurance is ₹2000 - ₹4000 in Bangalore, however repeated offences can lead to imprisonment up to 3 months
A third-party insurance is mandatory in Bangalore as per the Motor Vehicle Act 1988.
