Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin
Key Features:
  • No Inspection Needed
  • Immediate Policy Issurance

Calculate Your Bike Insurance Premium Online

Select your Two wheeler brand

  • Hero
  • Honda
  • TVS
  • Bajaj
  • Yamaha

Which city is your Two wheeler registered in?

  • Ahmedabad
  • Bangalore
  • Chandigarh
  • Chennai
  • Gurgaon

When did you buy your Two wheeler?

Have you made a insurance claim in the previous year?

Liberty Two-Wheeler Insurance Premium Calculator

What is a Bike Insurance Premium Calculator?

Bike insurance premium calculator is an online tool that helps you know the premium with different insurers, compare quotes and choose the most suitable one for your bike. This dynamic tool is transparent in its calculations and tells you the right IDV as well so that you make an informed buying decision. You can use InsuranceDekho’s bike insurance premium calculator when purchasing a new bike insurance policy or renewing the previous one.

How to Use a Two-Wheeler Insurance Premium Calculator?

You can use the bike insurance premium calculator at InsuranceDekho by following the steps given below:

Step 1: Select the Make, Model, Variant, and Fuel Type of your bike.

Step 2: Select the City of your bike registration. Select the year of purchase of your bike.

Step 3: Answer the question ‘Have you made a claim in the previous year?’ by selecting yes or no.

Step 4: Click on the ‘Calculate’ button and you will find the right IDV and premium for your bike insurance policy.

Benefits of Two-Wheeler Insurance Premium Calculator

InsuranceDekho’s bike insurance premium calculator offers you the following benefits:

  1. Right Insured Declared Value (IDV): InsuranceDekho’s bike insurance premium calculator keeps you informed of the right Insured Declared Value of your bike considering various factors like its make, model, variant and fuel type. Knowing the right IDV is important as it determines the amount that you can claim from an insurance company in case of total loss or theft.
  2. Correct Premium: Bike insurance premium calculator keeps you informed of the correct premium that you will be charged if you buy a particular bike insurance policy.
  3. Helps You Decide: With a bike insurance premium calculator, you can find and compare quotes from different insurance companies. As there is no involvement of insurance agents in the process, it helps you make an informed decision for your bike.
  4. Helps You Buy Affordable Plans: Bike insurance premium calculator calculates for you premiums charged by different insurance companies. You can compare them and choose the most affordable plan for your bike.

Third Party Two-Wheeler Insurance Premium Rates

Engine Capacity

Premium to Buy a New Policy (5-Year Plan)

Premium to Renew Existing Policy (1-Year Plan)

Not exceeding 75 cc

Rs. 1,045

Rs. 482

Exceeding 75 cc but not exceeding 150 cc

Rs. 3,285

Rs. 752

Exceeding 150 cc but not exceeding 350 cc

Rs. 5,453

Rs. 1,193

Exceeding 350 cc

Rs. 13,034

Rs. 2,323

(Source: Insurance Regulatory and Development Authority of India)

Premium for Comprehensive and Standalone Own-Damage Bike Insurance Plans

Premium for comprehensive and standalone own-damage bike insurance plans is calculated on the basis of several factors. Some of them include your bike’s make, model, variant, fuel type, engine’s cubic capacity, your age, and the city of registration of your bike. So, it is not necessary that two bikes of the same brand and model will have the same premiums. Read the factors affecting bike insurance premium given below for better understanding.

Factors Which Determine Two-Wheeler Insurance Premium

Listed below are some factors that affect the premium of bike insurance:

  1. Insured Declared Value (IDV): Insured Declared Value is the market value of your bike that is calculated on the basis of your bike’s make, model, and variant. The value of your bike depreciates with time which decreases its IDV thereby decreasing the premium for your bike insurance policy.
  2. Anti-Theft Devices: Having ARAI-approved anti-theft devices installed on your bike keeps it secure thereby reducing the chances of it getting stolen. This ultimately reduces the insurer’s liability and hence reduces your bike insurance premium too.
  3. Engine’s Cubic Capacity: If the cubic capacity of the engine of your bike is high, then it will use more consumables as well as move faster thereby increasing the risk on road. Hence, you will be charged a higher premium.
  4. Add-On Benefits: Insurance companies offer various add-on benefits like return to invoice cover, and zero depreciation cover that provide extra coverage to your bike. You can opt for them by paying a higher premium.
  5. Modifications: You can modify your bike to increase its performance or the aesthetic look. But you must be aware that modifications may lead to a higher bike insurance premium as it compromises with the in-built safety features of your bike which increases the chances of theft or accident.

Must Read Articles before buying Liberty Bike Insurance

Liberty Bike Insurance User Reviews

Write your review
What users are saying
  • All
  • Premium
  • Most Helpful
  • Comprehensive
  • Zero Depreciation
  • Third Party
  • Own Damage
  • Renewal
  • Cashless Garages
  • Price
  • Policy Download
  • Customer Care
  • Claim
  • Add On

Liberty Bike Insurance Premium Calculator FAQs

  • What should I use the bike insurance premium calculator?

    The bike insurance premium calculator gives you great assistance in getting the values of the IDV of your bike and the premium amount offered by different insurers in the market. It will help you select an economic policy and make wiser decisions in relation to the bike insurance cover.

  • What details need to be filled in the premium calculator?

    You need to enter a few details like make and model of your bike, RTO location of your bike, registration year of your bike, etc., to find the right premium provided by various insurers for a bike insurance policy.

  • What factors determine the premium of a bike insurance policy?

    There are various factors that affect the premium of a bike insurance cover such as Insured Declared Value (IDV), Anti-Theft Devices, Engine’s Cubic Capacity, Add-On Covers, No Claim Bonus (NCB), Modifications, Age of the Owner, and so on.

  • Where can I find the premium calculator to use it?

    You can get the best premium calculator to calculate the premium and IDV for your insurance plan at the official website of InsuranceDekho, i.e.,

  • Does the premium calculator compute the premium only for old two-wheelers?

    Yes, the premium calculator helps you get the premium for new as well as old or used two-wheelers.

must dotmust graphics

Why to buy from InsuranceDekho?

  • Instant policy# within 5 mins
  • More than 50 lakhs happy customers
  • Claim Support available all 7 days of the week

Liberty Bike Insurance Contact Details

For any assistance or query, call us on:

Bike Insurance News

Calculate your Two Wheeler IDV

#Applicable on non-inspection cases i.e. existing policy has not expired or when buying a policy for a new vehicle.