Bike Insurance

IDV or Insured Declared Value is the maximum amount that your insurer will pay you in case of total loss or theft of your two-wheeler. It is calculated based on the manufacturer's listed selling price minus depreciation based on the age of the vehicle.

No Claim Bonus (NCB) is a discount offered on your bike insurance premium for each claim-free year. It starts at 20% after the first claim-free year and can go up to 50% after 5 consecutive claim-free years. NCB is transferable when you change your insurer or vehicle.

You can renew your bike insurance policy online through the OneClick Insurance website or app. Simply enter your bike details, review the policy terms, make the payment, and receive your policy document instantly via email. It's recommended to renew your policy before it expires to maintain continuous coverage and NCB benefits.

For bike insurance claims, you typically need: duly filled claim form, copy of your insurance policy, copy of your driving license, copy of vehicle registration certificate (RC), copy of FIR (in case of theft or third-party injury), original repair bills and payment receipts (for reimbursement claims), and photographs of the damaged vehicle (if applicable).