In India, it is mandatory to get your vehicle insured and riding it without a valid one is an offence. It is wise to do a timely Two Wheeler Insurance Renewal Online, but choosing the right one can be a tedious task. There are multiple things to keep in mind before renewing your insurance. To give you a gist of it, we have mentioned the things you need to keep in mind, before considering Two Wheeler Insurance Renewal.
Here they are,
No Claim Bonus (NCB)
IMPORTANT in case 90 days have passed after the lapse of your policy; the annual NO CLAIM BONUS (NCB) discount would not be there. If you have not claimed it for previous years, this can be a heavy monetary loss.
Long Term Two-wheeler Insurance (LTTW)
A long-term two-wheeler insurance policy has been introduced by the Insurance Regulatory and Development Authority of India (IRDAI). This gives you the bandwidth of not going through the same drudgery every year. Once done, this three-year long insurance policy protects you from Third Party Rates revisions year on year, leading to a major saving.
Survey of Vehicle needs to be done?
RenewBuy allows you to renew your lapsed 2W policy online without any inspection. However, for such cases, the risk coverage of your 2W starts 2 days from the date of purchase. Hence it is wise to renew your policy before it lapses.
Buying of the Policy
Check Two Wheeler Insurance Renewal quotes Online from RenewBuy for the best available deals and pick the one that works best for you.
RenewBuy not only offers the best premium rate in accordance with your two-wheeler’s age and make but also provides additional benefits and quick processing in the case of a mishap. If you are looking forward to renewing your insurance cover online, RenewBuy is the best platform to compare and choose from various insurance covers.
Renew Two Wheeler Insurance Online
Online renewal of your Bike Insurance policy is the smartest thing to do as it saves time, involves little or no paperwork, Is cheap and much faster. If you wish to renew bike insurance online, compare different premium rates and choose from flexible tenures, all at RenewBuy.
So why delay your two wheeler insurance renewal any further. Go and get it!
Ajay Oak saved 51% on Toyota Fortuner "Apart from getting me a fabulous discount of over 50%, renewbuy.com made the process so easy to renew my policy." Rajesh Relan saved 50% on Mercedes E280 "Had an excellent customer experience with best quote as compared to other aggregator sites. I was delivered the policy well within the promised timeline." Muralidhara Kadaba "Great experience. Quick. Easy. Hassle free." Rajat Bahadursaved 50% on Volkswagen Vento "I had to renew the insurance for my wife's car on the last day of expiry. Even though it was a complex case of transfer from a lease company, team RenewBuy delivered a swift and seamless experience via their website and brought about savings of more than 50% on the premium from last year. The entire process took only 30 minutes from the comfort of my office!!" Amit Sinha saved 33% on Maruti Alto "Had an excellent customer experience with best quote as compared to other aggregator sites. I was delivered the policy well within the promised timeline."