In simple words, two-wheeler insurance offers security against the monetary obligation that is likely to be borne by you in the case of robbery, damage or third party damage/death caused by your means of transportation. However, WHY is it important?
In simple words, two-wheeler insurance offers security against the monetary obligation that is likely to be borne by you in the case of robbery, damage or third party damage/death caused by your means of transportation. However, WHY is it important?
Requiring an insurance plan is a great way of taking care of the expenditures you could suffer in case of own or third-party damage, which otherwise you would have to pay from your pocket. Besides this important point, there are a number of other benefits:
Before you renew the policy, there are some things you need to consider. The process differs in case your previous plan is active or has expired:
First of all, be well aware of your plan and understand it completely. Remove features and exclude add-ons that you are sure you won’t use to cut down your cost!
Bike insurance renewal helps you in comparing the cover against the other plans offered in the market. Browse through and choose one that goes well with your requirements!
Choose add-ons that are best suited to your requirements and include them in your plan. They might be an additional expense; however they enhance the policy benefits!
During renewal, you can get previous errors corrected by offering the correct information, remember, correct details are important for faster claims!
Missed out on renewing your plan? Don’t be tensed; it’s natural because of the hectic schedules! Here’s what to do in that case: