Renewing a Lapsed HDFC ERGO Bike Insurance Policy

Did you know that almost 75% of the two-wheelers in India are uninsured? Despite being the world’s largest two-wheeler market, many bike owners still consider insurance to be an unnecessary expense. As a result, many purchase insurance only when their bike is new and do not opt for a renewal. However, this approach can land you in legal trouble and put you under financial stress in case of an accident. 

With the simplified HDFC ERGO bike insurance renewal process, you can renew your bike insurance in an instant and that too without putting much burden on your pocket. Read on to understand all about HDFC ERGO bike insurance renewal.

What is a Lapsed Policy?

A lapsed policy in general insurance means that you have not renewed your insurance policy once the policy’s validity period exhausted. Now, you have lost all the rights to claim it. As a result, you will no longer be able to enjoy its benefits. Therefore, it is highly recommended that you should save your policy from getting lapsed because you will not be able to get back the premium amount that you have already paid. While most insurance companies remind their customers to renew their motor insurance policies, the responsibility of renewing the policy is yours. 

Importance of Renewing the Policy on Time

Being careless about your bike insurance renewal can cause a lot of trouble for you. Take a look at the following reasons to renew your policy on time:  

  • No coverage means No risk cover

No matter how much you have paid in premiums to get good insurance coverage, your policy ceases to cover you the day the policy expires. If your policy lapses, you will not be able to ask for any claim from the company in case your vehicle is damaged or stolen.

  • You can get into legal trouble

As per the Motor Vehicle Act 1988, every motorised two-wheeler has to have a minimum of third-party insurance. If caught without insurance coverage, you would be penalised with a fine of 2,000 and/or three months imprisonment. 

  • You would have to go with a lower IDV

IDV (Insured Declared Value) gets low with each passing year because the vehicle becomes old. So if you are thinking of buying the insurance policy later, you will get it at a low IDV.

  • A lapsed policy can negate your NCB

Once the policy lapses, you will lose out on the hard-earned NCB if you do not renew the policy within 90 days.

  1. Lapsed policy renewal may require an inspection
    In some cases, for getting a policy renewal, your insurance company may ask you to get a bike inspection done. This is done to ascertain the bike’s condition and to check for any damages.

Renewing a Lapsed HDFC ERGO Bike Insurance Policy

Once the expiry date of your insurance policy is past, you lose all the rights over it until it is renewed again. Therefore, you should renew it on time. HDFC ERGO bike insurance renewal is swift and hassle-free. You can choose any way to do this: online and offline. 

  • Online

If you renew your policy online, you have to follow the following steps:

  1. STEP 1: Visit the HDFC ERGO website and go to bike insurance renewal
  2. STEP 2: Enter your lapsed plan details
  3. STEP 3: Enter your personal details along with vehicle details in the given columns
  4. STEP 4: Choose the plan you wish to buy along with the add-on covers if you want any
  5. STEP 5: Make the payment. An executive will get in touch with you soon. 


  • Offline
    If you choose the offline mode for the HDFC ERGO bike insurance renewal, you need to visit the company’s branch located in your city. Then, submit all the necessary personal and vehicle documents. In the end, you’ll have to pay the renewal. 

HDFC ERGO Long-Term Two-Wheeler Insurance

To save yourself from the trouble of frequent renewals, you can opt for HDFC ERGO car/bike insurance which gives you the advantage of long-term insurance. Consequently, you can get rid of the problem of a lapsed policy. With HDFC ERGO long-term two-wheeler insurance, you don’t have to be worried about your vehicle’s renewal every year.

  • Convenience: 

To make your life hassle-free, HDFC ERGO has brought a solution to your problem. Now, you don’t need to remember the date of renewal of your policy. Instead, you will be able to enjoy its benefits without fail by choosing long-term two-wheeler insurance.

  • Three years of protection:

You can provide your vehicle with a safety cover without worrying about its annual renewal plan. HDFC ERGO bike insurance renewal gives insurance coverage to your vehicle for three years. 

  • Get discount

The policyholders of the HDFC ERGO get a discount when they choose a long-term two-wheeler insurance policy. They don’t need to pay for the policy issuing and administrative costs to the company.

  • No hike in premiums

IRDA hikes the tariffs by 10-15% annually, directly impacting the premium rates. But HDFC ERGO bike insurance does not let your premium rates be increased for three years. Consequently, you save money for future investment.

  • NCB advantage

HDFC ERGO long-term two-wheeler insurance plan provides you with the same NCB (No Claim Bonus) on the first purchase you earned on your previous policy, even if you had a different insurer. 


HDFC ERGO bike insurance renewal is a simple and hassle-free process. But, if you find annual renewals to be tedious, then long-term two-wheeler insurance is the best way to make life easier. You will be able to get rid of the tension of policy renewal for three years. In addition, there would be no loss of risk cover, and you would be mentally at peace if you opt for a long-duration plan.

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