Why Two-Wheeler Insurance Premiums Aren't Falling Despite Slower Claims
Two-wheeler insurance premiums remain largely unchanged in 2026 even as claim frequency has slowed in several segments.
News · 1 min read · Published 24 July 2026
Written by Vivaan Kapoor, Bikes Editor
Highlights
- Two-wheeler insurance premiums have largely held steady in 2026
- This is despite claim frequency slowing in several vehicle segments
- Rising repair and replacement part costs are offsetting the benefit of fewer claims
Two-wheeler insurance premiums have largely held steady in 2026 even as claim frequency has slowed in several segments, a gap that traces mostly to rising repair and replacement part costs offsetting the benefit insurers would otherwise pass on from fewer claims. Modern two-wheelers, particularly those with electronic components and connected features, cost meaningfully more to repair than older, simpler models.
Third-party premium components are also set by regulatory tariff rather than pure claims-based pricing, meaning even a genuine drop in claim frequency doesn't automatically translate into lower premiums for that portion of the policy.
Owners hoping for lower premiums as claims slow should recognise that repair cost inflation is currently the bigger factor keeping prices steady, rather than assuming insurers are simply not passing on savings.