Is Flood Damage Covered Under Two-Wheeler Insurance?

 

Flooding during the monsoons is a major problem that worries most vehicle owners in India. As a bike insurance policy holder, it is natural for you to wonder whether your insurer also covers you against vehicle damage due to heavy rains. After all, that kind of damage can result in losses that could potentially burn a hole in your savings. In this article, we will take a look at what you need to know about the coverage you can expect if you bike undergoes damage due to flooding.

Comprehensive bike insurance coverage for coverage against flooding

Two-wheeler insurance policies for bikes and scooters are broadly divided into two main categories – third-party insurance and comprehensive insurance. As suggested by the name, third-party insurance only covers you for legal and financial liabilities towards the third-party during an accident.

This means if you want own damages to be covered, you need to have comprehensive coverage. Comprehensive bike insurance covers you for third-party liabilities and own damages in an accident. It also covers you against a range of natural and manmade disasters that might lead to damages to your bike. So yes, a comprehensive bike insurance policy does cover you against damages due to flooding.

However, there’s more.

The coverage given for damages due to floods can vary between insurers. You would need to carefully read your policy document to check what is included and what damages may need to be paid for by you. Knowing the details during policy purchase will help you understand whether the coverage you have will suffice or whether you need to opt in for certain add-ons to enhance the protection on your bike. 



Original Content :- Is Flood Damage Covered Under Two-Wheeler Insurance?

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