As the roads become more and more congested, bikes are increasingly being used by commuters to avoid crazy traffic on the streets. It is important to make sure you get the right level of bike insurance cover at the right price to stay secured in case of a mishap.
These days it is very easy to get bike insurance quotes online from multiple insurers and then choose the best plan for yourself.
Key Benefits of Two Wheeler Insurance
Buying a bike insurance online is a hassle-free and instant process. It generally comes at a very affordable cost and can provide you with great security. Some of the key benefits of buying a 2 wheeler insurance policy online are:
- You can get your two wheeler insurance or renew your bike insurance online in easy steps
- You get instant claims assistance and support 24x7
- You can customize your bike insurance policy with add-ons for better coverage
What is Covered?
Your bike insurance covers not only the vehicle but also you- the owner and any third party involved in a liability concerning the vehicle. Damage or loss to the vehicle due to accident, flood, fire, earthquakes etc. are covered.
What is Not Covered?
Even though most situations are covered there are some exclusions in two wheeler polices. You can ask your insurer or read up on these exclusions at the time of buying the policy. Normal wear-and-tear of the vehicle, electrical/mechanical breakdown are not covered under this policy. Damage caused to or by a person driving without a valid driving license is not covered. Loss caused while riding under the influence of alcohol or any other intoxicating substance is also not covered. It is advisable to be aware of the exclusions of your bike insurance policy.
Renewing Your Two Wheeler Insurance
You should renew your two wheeler insurance before it expires. This protects your vehicle against the risks without any break and helps you retain the No Claim Bonus (NCB) which is the discount you avail in premium for claim free years.
If your policy has expired, you will have to obtain a fresh insurance policy for your bike. Due to the break in insurance the vehicle will have to be physically inspected by an official from your insurance company. You have an option of getting the NCB transferred in case your two wheeler is insured within 90 days of the date of your renewal.
Now that you know everything about bike insurance, get your quote online or you can request for a call back option from insurance companies like Bajaj Allianz General Insurance for your motorcycle insurance.