Two Wheeler Insurance – Add on Covers

The clothes that you normally wear may not be enough if the temperature falls to zero degrees. To be warmer and safer, you need extra clothes.

Similarly, your bike too needs an extra safety cover. A basic insurance policy like the third-party bike insurance can give you only a minimum cover. But, to be prepared for all uncertainties, you need extra protection.

And, this is possible with the help of add-ons.

What Are Add-Ons For Two Wheeler Insurance?

Unforeseen events can bring hiccups in your riding journey. And they can lead to some unfortunate financial, legal, and emotional setbacks. Herein, comes the crucial role of add-ons that ensure you a smooth ride.

Add-ons are those extra coverage options that you buy for a better financial protection during accidents and other mishaps.

Different add-ons have different costs and could add a few thousand of rupees extra to your basic premium cost.

The add-ons, thus, affect the premium amount you pay. The more the number of add-ons, the higher would be the premium.

When Can You Buy Two-Wheeler Insurance Add-Ons?

A third-party two-wheeler insurance is compulsory in India as per the Motor Vehicles Act, 1988. It pays or compensates for any damage or loss caused to another person or property by your two-wheeler. On the other hand, a comprehensive insurance policy offers much more—it covers damages to your two-wheeler, injuries or disablement you suffer, as well as third-party losses.

However, there are certain liabilities that even such a comprehensive insurance policy doesn’t cover. To be protected against these liabilities, you must buy add-ons on your two-wheeler insurance policy.

You can enhance your coverage by opting for the following add-ons:

  • Zero Depreciation Cover
  • Return to Invoice Cover
  • Passenger Cover

Let’s see how these add-ons come to your rescue with the following example:

Bike details

Age – 9 months

Original Value (Ex-Showroom Price) – Rs. 80,000

Depreciation for 9 months (15 percent of ex-showroom price) – Rs. 12,000

Insured Declared Value  – Rs. 68,000


It is a cold winter evening. You go out for a ride with a friend. Everything goes well until the visibility reduces and your bike rams into a tree. You would now have to spend Rs. 6,000 on the repairs.

Zero-Depreciation (i.e. Bumper-to-Bumper Cover)

Your comprehensive policy will pay or compensate you for the repair costs. However, the insurance company will deduct the depreciation amount of the damaged parts before paying the money.

Assuming that the combined depreciation cost on metal and plastic parts was Rs. 2,000, you’d have to pay at least this much for the repairs from your own pocket.

With the zero-depreciation add-on, you can claim for this depreciated amount too. Such an add-on pays the entire value to you irrespective of the depreciation amount.

*To make the calculation simple, we haven’t considered any compulsory deductibles.

Return To Invoice Value

Let’s suppose that the bike rammed into the tree so bad that the damage is beyond repairs. Your insurer will pay you the whole value of the bike if you have a return to invoice cover.

However, this market value reduces with every passing year because of depreciation. It’s not the same as the amount you paid to buy the bike.

But, you can relax if you have the return to invoice cover. With this cover, you can claim the invoice value of your two-wheeler. This cover also considers the registration charges and the road tax that you paid.

But, remember that such an add-on is usually offered in the first year of buying the bike.

Passenger Cover

Let’s not forget the pillion rider – your friend, who was sitting behind you.

In case a pillion rider is injured, the additional personal accident cover for the pillion rider will help you seek the rightful compensation. This cover is an add-on and is separate from a personal accident cover for owner driver.

So, once you have identified a gap in your two-wheeler coverage, it’s time to fill the same with the necessary add-ons. You shouldn’t mind paying a little extra for an enhanced coverage. After all these add-ons help to cover the least expected expenses following any mishap involving your two-wheeler.