Tips to Reduce Your Two Wheeler Insurance Premium in 2025

Tips to Reduce Two-Wheeler Insurance Premium

Looking to save on your two-wheeler insurance? Check out these tips to save on your two-wheeler insurance in 2025.

1. Compare Insurance Policies

To get the best bike insurance cost, start comparing various insurance policies available for two-wheelers. The easiest way to do this is to buy a two-wheeler insurance policy online, where you can get quotes from multiple insurers.

By checking coverage options, additional benefits, and premiums from different insurance companies, you can find a policy that offers complete protection at a lower cost and saves on your premiums.

Check out our guide on the best bike insurance company in India to find the right insurer for your needs.

2. Avoid Raising Small Claims

By avoiding small claims during the policy period, you can maintain your No Claim Bonus (NCB), which offers a significant discount on your premium. If you want to keep the bike insurance premium low, don't raise small claims. This will help you get a higher discount when you renew or buy a new policy, leading to lower premiums.

3. Choose Suitable Add-on Covers

Add-on covers enhance your comprehensive bike insurance policy but come at an additional cost. To keep the bike insurance cost under control, choose add-ons that are genuinely needed for your bike and avoid unnecessary ones that only increase your premium.

This method will help you buy a two-wheeler insurance policy that suits your needs while not overspending.

4. Renew Your Insurance Policy on Time

Make sure to renew your two-wheeler insurance before the due date to avoid a higher bike insurance cost. If you let your insurance expire, you lose your No Claim Bonus (NCB), and the premium may increase when you renew. Timely renewal ensures you retain the NCB and helps keep your premium at a lower rate.

5. Install Anti-Theft Devices for a Discount

Installing anti-theft devices on your two-wheeler can lead to lower premiums. Insurers offer discounts for bikes with certified security devices. This shows your commitment to protecting your bike, and in return, you can reduce the overall bike insurance cost.

Note: Make sure the devices are ARAI (Automotive Research Association of India) approved to qualify for this discount.

6. Maintain a Clean Driving Record

A good driving record can help you lower your bike insurance cost. Many digital insurance companies review your driving habits and reward you with a lower premium if you have a clean track record. By driving safely, you show insurers that you are a low-risk rider, which can further reduce your premium.

7. Keep a Good Credit Record

Some insurers may check your credit history before deciding on your premium. A good credit score shows that you’re responsible with payments, which can help lower your two-wheeler insurance cost.

8. Manage the Deductibles

A deductible is a fixed amount a policyholder must pay out-of-pocket before the insurance company covers the remaining costs of a claim. Choosing a higher deductible means you pay more out-of-pocket at the time of a claim, but it lowers your bike insurance cost.

9. Ask Your Insurer About Discounts

Don't hesitate to ask your insurance company if they offer any discounts. You might get a lower premium for things like being a safe rider, renewing on time, or bundling other policies.

Sometimes, simply asking can unlock offers that aren’t openly advertised.

Factors That Affect Bike Insurance Premium Cost

Here are some factors that affect the premium cost of the bike insurance:

• Make and Model of the Bike: Expensive or high-performance bikes generally have higher premiums due to increased repair costs and theft risk.
• Age of the Bike: Newer bikes often have higher premiums, while older bikes may have lower premiums due to decreased value.
• Engine Capacity: Bikes with larger engine capacities typically attract higher premiums due to their higher performance and risk of accidents.
• Riding History: If you have a history of accidents or traffic violations, your premiums could be higher, as you are considered a higher risk.
• Location: Premiums can vary based on your location, with higher rates in urban areas due to increased risk of accidents or theft.
• Type of Coverage: Comprehensive coverage costs more than third-party liability coverage due to the broader scope of protection.
• Age of the Rider: If you’re a young or inexperienced rider, your premiums may be higher due to the higher risk of accidents.
• Security Features: Bikes with advanced security features (e.g., alarms, GPS tracking) may have lower premiums due to reduced theft risk.
• No-Claim Bonus (NCB): If you have a history of claim-free years, you may receive a discount on your premium.

Calculate Cost with Premium Calculator

A Premium Calculator is an online tool that helps to estimate the cost of your insurance premium based on various factors related to your bike, riding experience, and coverage options.

This tool also allows you to compare premiums from different insurers, making it easier to find the best deal that suits your needs and budget.

Information you need to share while using a premium calculator:

• Manufacturer's Name
• Year of Manufacture
• Two-Wheeler Model
• Variant of the Two-Wheeler
• Registration State and City of the Two-Wheeler

Conclusion

To wrap it up, if you want to save money on your bike insurance in 2025, just follow a few easy tips. Ride safely, do not make small claims, use your NCB, and compare plans before you buy.

Choosing the right IDV and adding safety devices can also help lower the cost. When you buy a two-wheeler insurance policy, make sure you check all the options and pick what suits you best. A little planning goes a long way. You get the protection you need, and you save money too. It’s a smart move for every bike owner!