Ludhiana, founded in 1480 by the Lodhi dynasty, means “town of the Lodhis”. In Ludhiana, over 31,000 motorcycles and scooters were registered in the first half of 2024 as per data from the Transport Department. To peacefully ride around the city’s prime spots like the Lodi Fort (500+ years old) and Chaura Bazaar, without worrying about your two-wheeler getting damaged, you should own a two wheeler insurance policy in Ludhiana. Also, it is mandatory by law to have a third-party two-wheeler insurance plan as per the Motor Vehicle Act 1988.
While two-wheelers are more favoured than cars in Ludhiana (more than 50%), riding a 2-wheeler is another story. Riders have to face many challenges while riding on the roads of Ludhiana. These challenges that call for the need for bike insurance are:
Traffic congestion increases the odds of a mishap happening. Several areas in Ludhiana experience significant traffic congestion. Key locations include Ferozepur Road, Ghumar Mandi, SBS Nagar, BRS Nagar, etc. 483 accidents were recorded in 2024, according to various reports, out of which 376 fatalities occurred. Without bike insurance, the entire cost of repair, legal fees and liability falls to the rider.
While some reports indicate a decrease in vehicle thefts in 2022 compared to the previous year, Ludhiana still had the highest number of burglaries in Punjab in 2022, with a notable portion occurring during the daytime. Even amongst vehicles, two-wheelers were reported to be the highest stolen vehicles. If you have bike insurance, though, you would be able to make a claim against total loss, getting the IDV of the bike as compensation.
Under the Motor Vehicle Act 1988, you need a third-party bike insurance policy to ride on the public roads of Ludhiana. Failing to carry one can lead to fines up to ₹4,000 on repeated offences.
One of the challenges for two-wheelers is finding an insurer that has a reputable claim settlement process. An insurer with higher CSR and easy support line can attract more customers, and provide trust. Coverfox provides one of the best support teams and has multiple insurers with more than 90% CSR.
Network garages are partnered garages with insurers that can be found across the city of Ludhiana. If you are insured and want to repair your bike, going to a network garage can let you make a cashless claim – no need for carrying around cash and paying the bill, as the bill will be directly settled between the garage by the insurer.
Gas leaks, dust storms and floods are pretty common in Ludhiana. These natural calamities can easily hinder your bike’s life and engine. Having engine protection cover alongside a zero depreciation add-on will ensure repair costs are smooth and do not burden your wallet.
Covrfox provides 3 types of bike insurance in Ludhiana that include:
Third-party bike insurance covers any liabilities that would arise from an accident caused by your vehicle to a third party (person/property/vehicle). According to the Motor Vehicle Act 1988, a third-party insurance policy is mandatory for every bike to ride on public roads in Ludhiana and throughout India.
A comprehensive bike insurance policy ensures extensive coverage, ensuring all-around protection. This includes any third-party liability, damage done to your vehicle and protection that can be enhanced using Add-ons.
This type of bike insurance covers damage done only to your bike. It is only available to you if you already have third-party bike insurance. A standalone own damage insurance policy is useful when you wish to buy third-party insurance from some other company and need further coverage for your bike (you can also customise it using Add-ons).
Purchasing bike insurance online in Ludhiana has been made easier with Coverfox:
Coverfox provides 3 3-minute renewal for bike insurance policies in Ludhiana:
If your old policy is from Covefox, then:
Your policy will be renewed after the payment and verification of documents.
The following documents are required for buying/renewing two-wheeler insurance in Ludhiana:
File a cashless/reimbursement two-wheeler insurance claim in Ludhiana by:
Insurance premiums can spike up pretty easily if not structured properly. Here are a few tips to help you reduce insurance premiums in Ludhiana:
Two-wheelers in Ludhiana are dominant and take a major share of vehicles in the city. Two-wheeler insurance ensures protection of your financial well-being, making sure your bike is protected from any damage while being legally secured. Coverfox is a platform perfect for buying two-wheeler insurance, where you can compare prices, select add-ons and get excellent support if you need it. So, what are you waiting for? Get insured with Coverfox today!
Ans: Yes, third-party bike insurance is mandatory in Ludhiana.
Ans: More than rural areas but less than metropolitan cities.
Ans: Bike’s age, make, model, area, add-ons, type of insurance, and discounts all factor into the premium price in Ludhiana.
Ans: ₹2,000-₹4,000.
