Patna has a history of different names - Pataliputra, Azimabad, Pushpapura / Kusumpura, Pa-lin-fou (Chinese Record). But one thing is for sure, it is one of the oldest inhabited cities of the world, with a history dating back over 2,500 years! As per RTO data (2023 estimates), Patna has over 2 million registered two-wheelers, making it one of the most two-wheeler-dense cities in Eastern India. The love for two-wheelers in the city of Patna is seen in the numbers, but along with two-wheelers, you need to have a bike insurance policy – a legal mandate as per the law under the Motor Vehicle Act 1988.
While two-wheelers are the go-to choice for people of Patna, they do face their own share of challenges. It’s either manoeuvring through bad roads or even selecting the right insurance policies, but problems never stop coming. But that does not stop people from enjoying their two-wheeler rides. Here are a few things to consider while purchasing a two-wheeler insurance policy in Patna:
Third-party bike insurance is a necessary legal requirement, as per the law under the Motor Vehicle Act 1988. In Patna, if you are found riding a bike without bike insurance, you will be penalised with fines, which can go up to ₹2,000 (₹4,000 on repeated offences).
In Patna, studies reveal that motorcyclists make up around 50% of all fatal accident victims, followed by pedestrians at 25%. Accidents lead to property and life damages, which need to be covered by insurance or else out-of-pocket expenses and legal trouble will catch up with you.
Situated at the confluence of the Ganga, Punpun, and Sone rivers, the city sees annual flash floods, worsened by clogged drains and rapid urban development over former wetlands and ponds. Patna Municipal Corporation has already identified 33 vulnerable zones, continues to desilt drains, and operates 24×7 flood control rooms in preparation for monsoon risks (Government of Bihar). Floods can heavily damage the engines of bikes, and not having engine protection cover will lead to hefty repair costs that you will have to face if you do not have comprehensive two-wheeler insurance.
According to various news reports, every month, around 500 bikes are stolen in Patna, equivalent to over ₹2.5 crore in losses, assuming ₹50,000 per bike. If you face total loss of your bike, the insurer will repay you the IDV of the bike as per the policy, provided you have a comprehensive two-wheeler insurance plan.
Ensure you check the insurer’s reviews, CSRs and support system before buying an insurance policy in Patna. Also, do look out for network garages of the insurer, and choose one which is feasible for you. In the long run, you will be happy that you did your research beforehand.
The most common types of two-wheeler insurance plans in Patna include:
A third-party liability cover protects you from any liabilities that would arise from an accident caused by your vehicle to a third party (person/property/vehicle). As per the Motor Vehicle Act 1988, a third-party insurance plan is mandatory for every bike to ride on public roads in Patna and all across India.
Comprehensive two-wheeler insurance 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.
Your own Damage coverage plan 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).
In Patna, you can use platforms like Coverfox to buy two-wheeler insurance online:
Failure to renew a two-wheeler insurance policy can lead to loss of NCBs, vehicle reinspections and fines if caught with an expired insurance policy. To renew bike insurance under 3 minutes, follow these steps:
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 Patna:
You can get reimbursement claims or file for a cashless claim in Patna against your two-wheeler insurance by:
You can manage your two-wheeler insurance policy structure to reduce the premium costs in Patna. To do so, follow these simple tips:
Bike insurance is not a luxury, but a mandatory agreement that will protect you in times of need. Comprehensive bike insurance ensures you are completely covered, so that you have peace of mind while riding the streets of Patna. Coverfox provides the best deals in Patna for two-wheeler insurance policies, so what are you waiting for? Get insured today.
Ans: Yes, third-party bike insurance is mandatory in Patna.
Ans: Compared to surrounding areas, yes, Patna has higher premium rates.
Ans: Bike’s age, make, model, area, add-ons, type of insurance, and discounts all factor into the premium price in Patna.
Ans: ₹2,000-₹4,000.
