Why Bike Insurance Cover is Necessary

Buying two wheeler insurance comes with several benefits, providing protection as well as coverage in the event of any emergency Bike insurance is an insurance plan that offers protection from any liability or harm to an individual or property by your bike.

Any damage to your bike incurred due to unexpected incidents like accidents, man-made or natural calamities will also be covered with an insurance.

Benefits:

• Safeguards your two-wheeler:

  The basic benefit of a two wheeler insurance is that it safeguards the vehicle from any harm incurred due to accidents - big or small. Even a small dent or paint re-touch would cause a substantial drain financially. Insurance helps deal with such expenditure at a negligible cost.

• Cashless garage facility:

  A two-wheeler which has been insured receives cashless garage services at different locations in case of any vehicular emergency which proves to be of great help to a customer.

• Additional Coverage:

  Insurance providers also provide additional offers such as various add-on covers which in turn provides all-inclusive and specific protection. These additional benefits are usually added to the current plan.

• Peace of mind:

  Having an insurance plan, helps you remain worry free as a plan offers financial protection against any sudden expenditures because of unexpected circumstances.

• NCB (No claim bonus):

  If, during the tenure of an insurance policy, the customer does not make a claim, insurers offer discounts and other benefits during insurance renewal.

Once a person purchases an two wheeler insurance policy, he/she has to however, make sure to renew the policy on time and be up to date, so as to avail maximum benefits and avoid fines or penalties. Most policies are renewable yearly but these days, multi-year bike insurance policies are also gaining popularity with policy terms of up to three years. In both cases, however, the plan has to be renewed or a new policy has to be bought on time.

Earlier, a lot of people avoided renewing their policies as it was time consuming and tedious. However, with online vehicle insurance, the process is now simpler and efficient.