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Two-Wheeler Insurance

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Bike insurance starting @Nrs.1000/-*

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Vehicle Insurance

Vehicle Insurance refers to insuring the vehicle against unfortunate and unpredictable incidents. It can also be termed as “Motor Insurance” or “Auto Insurance”. A two-wheeler insurance coverage, often known as bike insurance, protects you from theft, fire, natural catastrophes, and accident-related damage to your vehicle. A vehicle insurance policy is a legally required document provided by an insurance provider as a means of limiting public responsibility and safeguarding members of the public from potential road accidents. Every driver who owns a vehicle is required to obtain a single automobile insurance coverage by law in Nepal.

Vehicle Insurance

  1. Comply with Law
  2. Cover against any financial loss
  3. Protection against third party liabilities
  4. Cover against natural disasters, fire explosion, self ignition or lightning
  5. Coverage for bike theft, accident, riot/strikes or any external means
  6. Personal Accident Cover

Types of Two Wheeler insurance plans available

Third Party Bike Insurance Plan
Third-party Bike Insurance Policy is mandated by law in Nepal. It provides coverage against third-party liabilities. In other words, the policy provides financial protection if your vehicle damages another person’s vehicle/property or causes injury/death to a third party in an accident. But third-party insurance for bikes/scooters does not cover loss or damage to your two-wheeler.
Comprehensive Bike Insurance Plan
Comprehensive Bike Policy provides all the coverage offered by the Third-party Plan and also covers damages/losses incurred by your two-wheeler. This type of insurance for bikes covers events such as accidental damages, fire damages, natural disasters (floods, earthquakes, etc.), man-made calamities (riots) and theft of the insured bike.
Riders Medical Cover Plan
This might technically not qualify as a type of plan but it is an essential cover which falls under Comprehensive Bike Insurance Plan. While the insurance for bikes provides coverage against your vehicle, the PA cover offers financial protection against events such as disability/death due to an accident while riding your bike or scooter.
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