Compare ICICI Lombard Two Wheeler Insurance Plans

• Cashless claim service- In event of an accident you can avail cashless claim services for your insured two wheeler at over 2150 authorized network garages across India
• Multiple tenure options- This policy comes with a tenure option of 1,2 or 3 years
• Hassle free claims- 24x7 Toll-free number and mobile app facilities are provided by the company to make your claims
• Online facility- Apply for a new insurance or renew your existing policy in a simple online process. You can also renew your expired or existing policy of other insurers with ICICI Lombard.
• Towing services- Services like towing and trauma services can be availed through 24-hour customer care centre
• Online approval- Minor claims of cashless service can be approved online for service through authorized garages
• No Claim Bonus- No Claim Bonus will be applicable to 1 or more claims depending on the policy period

This policy will cover your claims in the following scenarios.

• Loss or damage of vehicle by natural calamities like earthquake, typhoon, flood, hurricane, tempest, storm, inundation, hailstorm, cyclone, frost, rockslide, landslide.
• Loss or damage to the vehicle by fire, explosion, self-ignition, lightning.
• Burglary, theft, riot, strike, terrorism or other malicious acts causing damage or loss to the vehicle.
• Damage or loss in transit by means of road, inland waterway, rail, lift, air or elevator.
• Coverage up to 2 lakhs for a driver under personal accident cover. Personal accident cover for co-passengers can be added on for an extra premium.
• Protection against legal liability in case of death or permanent injury of third party and damage to third party property.

The insurer will not compensate for losses or damage in case of:

• General ageing, wear and tear of the insured vehicle
• Mechanical and/or electrical failure, breakdown
• Loss or damage caused by war, mutiny or nuclear risks
• Depreciation or any other consequential loss
• Damage to or by person driving without valid license
• Damage to or by person driving in an intoxicated state
• Wearing away of consumables like tubes and tyres. If the vehicle is also damaged then 50% of the cost of replacement will be indemnified.

Sum Insured Offered By The Policy

The Insured Declared Value is calculated on the current market value or the seller’s listed price after deducting depreciation for each year as per schedule provided by Indian Motor Tariff. The price of electrical / non-electrical items installed in the vehicle but not included in seller’s listed price can be added to sum insured.

If you happen to be in an accident, then follow these steps for getting back on the as quick as possible. You are in safe hands with ICICI Lombard Two Wheeler Insurance.

• Note the number of the other vehicle if any, involved in the accident
• Note the names and contact details of any witnesses present
• Contact toll-free number 1800 2666 to get your claim number or reference number
• The customer care representative will provide you with the details of documents required for processing your claim and also details of cashless network garages near you.
• File a FIR at a police station near you if any property damage, bodily injury or theft takes place.

What Happens After Registering Your Claim

• The Customer Service Manager (CSM) will contact you within 24 hours of registering the claim
• Then you will have to submit all required documents to the dealer/ CSM and get it verified with the originals
• The CSM will get a quotation for the repairs of the insured vehicle and give approval after assessment, usually immediately
• Payments that are to be borne by the insurer will be directly made by the insurer to the garage on completion of service
• In case of any balance amount that has to be paid by you as per policy terms and conditions will be informed to you by the CSM

Checklist of Documents Required

To ensure that your claim settlement process is simpler and faster know the documents you will be required to provide.
If you are making an accident claim you will need the following documents:

• Claim form
• RC copy of the insured vehicle
• Driving license copy
• Original estimate
• First two pages of the policy copy
• FIR on a case to case basis
• Original payment receipt and repair invoice (for cashless garage, just repair invoice)
• Stamp required in case of company registered vehicle, for claim form

If you are making a theft claim, then make sure to have these documents:

• Claim form
• Policy copy
• RC copy of the insured vehicle
• Original FIR copy
• Driving license copy
• Original estimate
• RTO transfer papers signed along with Form 28, 29, 30 and form 35 (if hypothecated). Form 28 is required in triplicate, Form 29 and 30 in duplicate.
• Final report – a No Trace report from the police which confirms that the vehicle cannot be located

Documents Required for Third Party Claims

• Claim form
• Police FIR copy
• Driving license copy
• Policy copy (first two pages)
• RC copy of the insured vehicle