May 26, 2024

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What Is CC In Bike And How Does It Impact On Bike Insurance Premiums?

3 min read
Bike Insurance Premiums

Your motorcycle’s engine comprises a mixture of chambers used to burn fuel in cylinders. The amount of fuel combined with air and burned during a single stroke determines the engine’s cubic capacity.

What is the full form of CC in bike insurance?

The full form of CC in a bike is Cubic Capacity. CC can also be referred to as the cylinder capacity of your vehicle.

A larger chamber enables the engine to produce more power since more air and fuel can get mixed to generate power for the bike.

Please note that the engine capacity differs from the cubic capacity (CC), which relates to the engine completing one cycle using the combined capacity of all installed cylinders.

Impact of CCs on a bike’s performance: The engine displacement of your motorcycle is directly proportional to its performance. In this context, “performance” refers to a motorcycle’s increased acceleration, higher power-to-weight ratio, and ability to reach high top speeds.

Impact of CCs on a bike’s cost: In simple words, the higher the cubic capacity of a motorcycle’s engine, the higher its price.

How does CC impact your insurance for two-wheelers?

The engine’s cubic capacity is the most significant factor influencing the insurance premium of two-wheelers. You can pick between two types of insurance policies for your bike: Third-party liability cover and comprehensive coverage.*

Impact of CCs on third-party insurance: The law in India requires all vehicles to have third-party liability insurance. This form of insurance solely protects you against bodily injury or casualties to third parties. Official regulators have established specific slab rates depending on the bike’s engine capacity. The IRDAI determines the premium costs for third-party bike insurance coverage. *You can, visit the official website of IRDAI for further details.

Impact of CCs on comprehensive insurance: The cost of comprehensive insurance for two-wheelers varies from insurer to insurer. Third-party insurance premiums would be consistent. *

The variation in the Insured Declared Value (IDV) of the motorcycle is the primary reason for the disparity in premium costs between various comprehensive insurance policies. Own damage may be an additional significant factor in the insurance rates.*

The engine displacement of the motorcycle mostly determines the premium for a third-party insurance plan. Nonetheless, this might not be the case for comprehensive motorcycle insurance coverage, which considers other criteria besides the engine’s cubic capacity.*

It is important you check all the criteria before purchasing a comprehensive insurance policy to avoid paying a higher premium for the coverage you don’t need. To determine the premium amount, you can use a bike insurance premium calculator available online.*

Other factors that affect the insurance premium:

Model and make of your bike: Repairs for high-end bikes can be expensive. They also pose a greater risk on the road. Hence, their insurance premium can be higher. You can use a bike insurance premium calculator to check the premium of different bike models. *

Year of manufacturing: Year of manufacture influences your bike’s premium. As your bike ages, the insured amount decreases. * 

Geographical location: Location can also be significant, as the danger of riding in tier-1 metropolitan regions would be significantly greater than in rural areas and tier-2 cities.

So, there you have it: everything simplified about a motorcycle’s technical fundamentals that directly impact the premium. Since bikes can be prone to accidents, it is a good idea to include a personal accident cover in your bike insurance policy to protect you against unfortunate events.*

* Standard T&C Apply

‘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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