Top 10 Two Wheeler Insurance Companies in India | Manufacturers & Commercial 2025

Q: What is the expected growth rate of the India Two Wheeler Insurance Market?

India Two Wheeler Insurance Market is projected to grow at a CAGR of 5.2% between 202-2031.

Q: Who are the leading players in the India Two Wheeler Insurance Market?

Leading players include ICICI Lombard, HDFC ERGO, Bajaj Allianz, New India Assurance, and SBI General Insurance.

Q: What factors are driving growth in the India Two Wheeler Insurance Market?

Growth is driven by rising vehicle sales, digital policy adoption, and the demand for enhanced coverage options.

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6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA8158

Publication Date: Aug 2025

Top 10 Two Wheeler Insurance Companies in India

According to 6Wresearch internal database and industry insights, the India Two Wheeler Insurance Market is anticipated to experience steady growth, exhibiting a CAGR of around 5.2% during the forecast period (2025-2031).

This growth is driven by rising awareness about vehicle safety, government mandates for motor insurance, increasing sales of two-wheelers, and the growing popularity of online policy purchases.

This report emphasizes the Top 10 Two Wheeler Insurance Companies in India, as acknowledged through widespread analysis conducted by 6Wresearch internal database. Directed by in-depth market evaluation and industry experts, these leading companies have been known as the primary leaders driving growth and innovation in the India Two Wheeler Insurance Industry.

List of Leading Companies in the India Two Wheeler Insurance Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Oriental Insurance Company Limited

Company Name	Oriental Insurance Company Limited
Establishment Year	1947
Headquarters	New Delhi, Delhi
Official Website	-

A public sector insurer, Oriental Insurance offers dependable two-wheeler insurance products with strong claims servicing capabilities.

2. ICICI Lombard General Insurance Company Limited

Company Name	ICICI Lombard General Insurance Company Limited
Establishment Year	2001
Headquarters	Mumbai, Maharashtra
Official Website	Click Here

ICICI Lombard is a leading private-sector general insurer offering comprehensive two-wheeler insurance plans with flexible coverage options and an extensive cashless garage network across India.

3. HDFC ERGO General Insurance Company Limited

Company Name	HDFC ERGO General Insurance Company Limited
Establishment Year	2002
Headquarters	Mumbai, Maharashtra
Official Website	Click Here

HDFC ERGO provides digitally-enabled two-wheeler insurance solutions with quick policy issuance, hassle-free renewals, and a wide range of add-on covers.

4. Bajaj Allianz General Insurance Company Limited

Company Name	Bajaj Allianz General Insurance Company Limited
Establishment Year	2001
Headquarters	Pune, Maharashtra
Official Website	Click Here

Bajaj Allianz offers innovative and affordable two-wheeler insurance plans with features such as instant claim settlement and long-term policy options.

5. New India Assurance Company Limited

Company Name	New India Assurance Company Limited
Establishment Year	1919
Headquarters	Mumbai, Maharashtra
Official Website	Click Here

A government-owned insurance giant, New India Assurance delivers reliable two-wheeler insurance coverage with a strong claim servicing network nationwide.