Exclusions: What Is Not Covered In Own Damage Two-Wheeler Insurance?

Exclusions: What Is Not Covered In Own Damage Two-Wheeler Insurance?


When you purchase a two-wheeler, you might be concerned about unforeseen repair and replacement costs for accidental damages. The Standalone Own Damage (OD) insurance shields you from unforeseen costs in such circumstances. It offers financial protection if your car sustains damage from an accident, a natural disaster, an act of man, a fire, a theft, etc. Continue reading to learn more about OD two-wheeler insurance’s limitations online.

What Is Bike Own Damage Insurance?

Own Damage Insurance is a type of bike insurance that provides financial security if your insured two-wheeler is damaged. For instance, the Own Damage Two-wheeler Insurance Plan will pay you for your losses if your two-wheeler is damaged due to flooding, natural disasters, vandalism, etc. As the mandatory Third-party Liability Policy does not cover your vehicle, such two-wheeler insurance coverage is impossible.

The Value Of Own Damage Bike Insurance

Purchasing OD insurance is optional, as opposed to third-party bike insurance, which is required. Combining your own damage bike insurance with the Third-party Liability Policy ensures you will be financially secure if your two-wheeler is damaged.

What Is Excluded From Own Damage Two-Wheeler Insurance?

These are a few situations where Standalone Own Damage Insurance does not cover losses.

  • Liabilities to Third Parties: Third-party liabilities, such as those involving third-party injuries, passing away or property damage, are not covered by the Standalone OD plan.

Riding Without a License:In India, it is illegal to ride without a valid driving license (DL). The OD Plan will not cover your vehicle in such situations.

  • Drunk Riding The plan does not cover damage to your bike sustained while operating the vehicle while intoxicated by alcohol or another substance.
  • Electrical/Mechanical Failure:The OD insurance plan does not cover damages brought on by mechanical or electrical failure.

Resultant Damages:The Standalone own-damage bike insurance plan does not pay for any additional losses or damages brought on by mishaps, fires, etc.

Wear and Tear :Your two-wheeler loses value over time due to wear and tear. The own damaged two-wheeler insurance does not cover such losses.

  • The insurance will not cover damages incurred while using the car for non-covered uses:     The plan does not cover losses or damages that happen to your bike that fall outside the parameters of your policy’s terms and conditions.

Own damage two-wheeler insurance does not cover specific exclusions. These exclusions may vary depending on the insurance provider but commonly include damages due to natural disasters, wear and tear, mechanical or electrical breakdown, intentional damage, consequential losses, and accidents caused if you ride under the influence of alcohol or drugs. It is essential for policyholders to carefully read and comprehend the terms and conditions of each insurance policy to understand the specific exclusions that apply.

A two-wheeler insurance premium calculator is a convenient tool you may utilise online to check the amount of coverage that is needed based on your requirements.

Standard T&C Apply

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

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