Do This if You Have Lost Your Two-wheeler Insurance Policy

third-party bike insurance


A bike insurance policy contains information about the insured bike. It is also the primary documentation you must have to file a bike insurance claim in the event of an accident or natural disaster.

According to the Motor Vehicle Act of 1988, every bike owner who rides on public roads must have active third-party bike insurance coverage. Clearly, an insurance policy is a very important

document. But what if the document gets lost or stolen?

 Continue reading to learn more about recovering two-wheeler insurance documents.

What should be done if someone loses their two-wheeler insurance documentation?

The following are the steps an individual should take if they lose their two-wheeler insurance documentation:

  1. File an FIR: The first step is to report the paper loss to the local police station by filing an FIR (First Information Report). You must report the incident to the local police station. Mention your insurance company’s name, motorcycle coverage type, and any riders or add-ons you may have.

To obtain a copy of the FIR from the police station, you must submit an application after reporting. Obtain an authenticated copy, and then send it to the insurer along with evidence of the insurance policy’s loss. Remember to include a copy of the FIR and the FIR application when sending paperwork to the insurer. *

  1. Application submission: Send a written application to your insurer. Make sure to include all relevant information in the application. For example, the policyholder’s full name, policy number, issue date, and coverage type.

 You must state the reason for using a duplicate policy document. If the insurance is held jointly, all policyholders must apply together.

For the duplicate policy document to be issued, the insurance provider may charge a small fee that must be paid when applying for duplicate bike insurance documents. *

  1. Publication of advertisement: This is one of the most important methods for recovering your misplaced bike insurance documents. Some insurance companies may even advise you to place an advertisement in your local newspaper stating that your policy documents have gone missing.

You may be responsible for the ad’s publication costs. Remember to keep and give a copy of this advertisement to your insurance company after it appears in the newspaper. *

  1. Indemnity bond: An indemnity bond must be executed. In most cases, the indemnity bond is written with a non-judicial stamp of the appropriate value, requesting duplicate insurance.

The indemnity bond should include the policyholder’s full name and policy number. This indemnity bond must be signed by two witnesses who are not members of the policyholder’s family. *

* Standard T&C Apply

Some insurers may also require that you have a stable financial situation for you to file the surety bond for specific policies.

We would suggest that you compare various policies and then shortlist a few basis your requirement and budget. Before you make a final decision, read the T&Cs of each policy to understand what is covered and what is not. Remember, these days you can buy, renew and check your bike insurance online anytime and anywhere.

In addition to physical damages, a bike insurance policy covers legal obligations. It provides individuals with financial security and protects them from legal ramifications if they violate the law.

It is, therefore, critical to avoid losing the bike insurance policy. To make a claim, the original or duplicate policy paper (in case the original is lost) is compulsorily needed.

Among the many insurance companies, Bajaj Allianz’s bike insurance policy is very helpful in cases where the original policy is lost.

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

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