Vehicle Insurance Companies for Stand Alone OD Cover

Popular Stand Alone OD Cover policies

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Cocoride Two-Wheeler Own Damage Policy - Navi General Insurance

We Protect You And Your Vehicle From Accident And Associated Consequences. Everyone Likes To Have His Or Her Own Set Of Wheels Whether For Work Or Social Reasons.
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Two Wheeler Stand Alone Policy

This Is The Kind Of Situation Where You Can Just Buy An Own Damage Cover For Your Bike Instead. This Way, You Can Protect Your Own Bike Too At A Reasonable Rate.
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Two Wheeler Stand Alone Cover

Reliance General Insurance Stand Alone Cover
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Two Wheeler Stand Alone

Two Wheeler Stand Alone
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Two Wheeler Standalone Own Damage Policy

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Two Wheeler SAOD Policy

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Two Wheeler Stand Alone Policy

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Standalone Motor Own Damage Two Wheeler Insurance

Standalone Motor Own Damage Cover Two Wheeler By HDFC ERGO Gives You An Option Of Choosing Up To Three Year Policy Period.

About Stand Alone OD Cover

A standalone own damage Two Wheeler insurance is a form of two-wheeler insurance plan that protects the policyholder's own covered bike against any losses or damages suffered as a result of an accident or incident.

Damage caused by oneself Insurance for two-wheelers - An OD bike insurance policy is a sort of bike insurance policy that only covers your bike's own damages. The plan protects your bike from damage caused by accidents, natural catastrophes, man-made disasters, fire, theft, and damages sustained while in transit.
The Insurance Regulatory and Development Authority of India (IRDAI) approved the purchase of a standalone own damage bike insurance plan in September 2019.

What Does Own Damage Cover Mean in a Bike Insurance Plan?
The following are the benefits of own damage coverage in a bike insurance policy:
1. The policyholder is covered for both insured cars and third-party responsibility under this insurance plan.
2. Own damage insurance is comprehensive, with add-on riders available to supplement the standard insurance plan's coverage.
3. When compared to third-party bike insurance, the amount paid for own damage insurance is a little greater.
4. Under this plan, the insured bike is protected against natural and man-made disasters, as well as damage caused by a third party as a result of an accident or incident involving the insured bike.


What Is Covered by Two Wheeler Insurance's Standalone Own Damage Coverage?

The following are covered by a solo OD bike insurance plan:

1. Accidental Damages - This plan covers the damages to your bike that occur as a result of an accident or collision.

2. Natural Disasters - A separate individual damage plan protects your bike from damage caused by earthquakes, floods, cyclones, and other natural disasters.

3. Man-Made Disasters - The policy also covers damage caused by strikes, riots, explosions, and other man-made disasters.

4. Theft - A standalone individual damage plan also protects you against bike theft.

5. Fire - This plan also covers your bike in the event of a fire or explosion.

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