Bike Insurance

  On the off chance that you are intending to purchase another bike for yourself, something you should purchase, and is additionally compulsory by law, is bike insurance. It is simple now to get your protection on the web. What's more it is simple now to purchase protection online from the solace of your home. At the point when you are hoping to purchase bicycle protection, you will have the choice of choosing between outsider protection and extensive protection. Presently through bike insurance online it has many additional elements that could prove to be useful later on. The following are 4 things that you should check prior to purchasing your extensive bike protection on the web: 1.What is the inclusion given under the extensive bicycle protection plan? Putting resources into bicycle protection implies that you would need the most out of the protection since you are paying for a help that monetarily secures your bike. Presently when you need to purchase an exhaustive bik...

  Third-party insurance protects you financially from expenses that may arise due to damages that may be caused to the third party in an accident caused by you. It offers coverage for damages to the vehicle, physical injury, damage to the property, etc. to the third party. Insurance policy providers offer both, third-party car insurance or third-party bike insurance depending on your vehicle. For example, if you are looking to buy third-party bike insurance you can always visit the branch of the insurance company of your choice and register with one of their employees or to make things easier for yourself you can purchase your third part insurance policy online. Here are some of the reasons why you should buy third party car insurance or bike insurance online : 1.        It is an easy process: To buy a third-party insurance policy, all you have to do is visit the website of the insurance company you want to buy a third-party insurance policy from and c...

  Third-party insurance, also known as act-only insurance, offers the policyholder financial protection against damages or injuries that may be caused to the third party by the policyholder in case of an accident. When the policyholder makes a claim on their insurance policy, the insurance company sends over a professional to look at the damage caused and estimate the cost needed for the repairs. In a third-party insurance policy , the insurance company offers coverage for the damages caused in an accident by the insured to the third party and not the insured person.  Here is a list of what is included in your third party insurance policy: The physical injury occurred during an accident Damages to the vehicle Any damage to property caused during an accident  Accidents resulting in loss of life A list of what is not included in third party insurance: Any accident that was caused by driving under the influence  If the driver is un...

  It is not unlikely to get into an accident while you are commuting on your bike or scooter. Having two-wheeler insurance keeps you protected from any expenses that may befall you in case of an accident. Bike insurance will keep you safe from any financial impacts that you have to face in case of natural calamities and unforeseeable events. You can purchase motor insurance that you may need either by visiting the branch of your insurance provider or you can buy it online. You can compare quotes on the websites of your insurance providers by providing the necessary details of your vehicle. This way you can insure the insurance policy that is the best for your vehicle.  Since it can be heavy on your pocket to pay for damages by yourself, here are some reasons why you should buy two-wheeler insurance:  1. Financial coverage: Two-wheeler insurance will keep you financially protected from losses that may occur due to accidents or natural calamities. This will help in avoi...

  Is your bike insurance due for renewal? If yes then consider the bike insurance policy options carefully before you buy one from a different company or renew the policy from your existing insurer. Remember that a bike insurance policy is a must to drive your vehicle on Indian streets. So, you must renew your bike insurance policy before it expires. If you are wondering what things to keep in mind when you renew your bike insurance policy, we have compiled a series of points for you to keep in mind. Read on: 1.     Renew the bike insurance policy before it expires Renew your bike insurance policy before it expires. If you do so, you will retain the benefits you accumulated throughout your insurance policy. If the policy validity lapses, you will lose those benefits. It is always good to renew your bike insurance policy at least a few days before the expiry date. If you missed the chance to renew the policy, do not worry. Some insurance companies provide a grace pe...

  You finally go ahead and get the dream bike that you always wanted. That’s great! Now, the next step that you need to think about is getting it insured by a good insurance company. It is also important to know that the Indian government has mandated every bike owner to buy a bike insurance policy before driving their two-wheeler on Indian roads. This insurance policy will cover your bike and its riders against any unwanted consequences (based on the type of policy you opt). In this blog, we will tell you about the basic things you need to know about a two-wheeler insurance policy.   1.     Types and coverage of this insurance policy This insurance policy is usually of 2 types: a.        Third-party insurance This insurance policy is a basic policy that is mandatory as per Indian law. It offers limited coverage, that is, it covers your liability towards damages caused to the third party in case of an accident where you are at faul...

  Foreign trips are a very costly affair. Cost of plane tickets, accommodation and fluctuation in the currency rates are some of the main factors that could make or break your plans for a foreign trip. So while you’re planning your trip with all of this in your mind, there is another thing that you can be sure about and that is travel insurance . Having your trip insured is quite common these days and when you buy general insurance online, then it is easy to buy insurance for your trips abroad as well. And naturally you would have questions before you buy one for yourself. So here are 4 commonly asked questions about travel insurance: 1.     What kind of medical expenses are covered? When you are travelling abroad, then the chances of you falling sick are higher. Reasons such as change in the weather, reactions to local cuisine are some of the factors that can cause you to fall sick. So if you were to fall sick on your foreign trip and you get hospitalised, then your...

  Transportation of goods is a very vital business, as it not only contributes to the development of the nation but also helps in avoiding any kind of shortage of goods. One of the most commonly used modes of transportation for goods is road transportation. From mini-tempos to trucks to trailers, these vehicles are used in the transportation of goods from one place to another. Usually, in the transportation business, the owner has their business insured but very rarely do they invest in insurance for their vehicles. As the vehicles face regular wear and tear and most of the vehicles used are old, it would benefit you as a business owner to have your vehicles insured as well. And here are 3 reasons why you should consider getting commercial vehicle insurance : 1.     It covers specific businesses Goods could be of any kind. It could be food or clothes or medicines. And each kind of good has its specific kind of transportation. So if you are transporting goods like med...

  Bikes are one of the most common modes of transportation for many, especially in India. There are, however, many risks involved due to the increasing number of vehicles on the road. This has led to a rise in the number of road accidents, which in turn, has made it even more important to have bike insurance. While there are benefits that you get from your basic insurance policy, you get additional benefits when you opt for comprehensive bike insurance. One such additional benefit is the inclusion of add-ons in your policy. And, listed below are 4 add-ons that you need to have in your bike insurance: 1.       NCB protection cover If you don’t make any claim during the term year of your bike insurance policy , then your insurer provides you a discount on your premium payment for the next term. This is discount is known as a no-claim bonus. You get an initial discount of 20%, and it goes up to 50% if no claim is made for 5 years. However, if you file a claim,...

  Bikes are the most ideal and common travel option for people who are travelling a short distance. As it is considered to be one of the most convenient modes of transport, bikes are used by several people who are travelling to offices daily. Along with conveniences, there are certain risks too. You should always have bike insurance while riding on the roads as accidents can happen anytime. According to the Motor Vehicles Act 1988, you must have a basic motor vehicle insurance cover for all your vehicles. You could buy your insurance online by visiting the insurance company’s website. There are many advantages of doing so. Let us take a look at some of these advantages. 1.      Less paperwork required While buying two-wheeler insurance online , you would not need to undergo a lot of paperwork as everything is processed online. This helps the individual in not misplacing any important documents that are important to buy your insurance. This makes the work very co...

  If you are planning to buy a new two-wheeler for yourself, then one of the things you should be buying, and is also mandatory by law, is bike insurance. It is easy now to get your insurance online. And it is easy now to buy insurance online from the comfort of your house. When you are looking to buy bike insurance, you will have the option of selecting between third-party insurance and comprehensive insurance. Now the comprehensive two-wheelerinsurance has extra features that could come in handy in the future. Here are 4 things that you should check before buying your comprehensive two-wheeler insurance online: 1.     What is the coverage provided under the comprehensive bike insurance plan? Investing in bike insurance means that you would want the most out of the insurance since you are paying for a service that financially protects your two-wheeler. Now when you want to buy a comprehensive two wheeler insurance online, make sure that the financial coverage...

  There are a lot of accidents that take place on the road while riding a bike. You should always have bike insurance while riding a bike on the road. This would help you to avoid facing any financial losses in case of an accident. Various insurance companies provide you with insurance for your bike. You should check the features and choose the insurance company that provides you with the best deal available in the market. Many insurance companies provide you with the facility of availing your two wheeler insurance online. Some people avoid buying their insurance online due to the myths about it. Let us debunk a few myths about buying your two-wheeler insurance from the insurance company online. 1.      There is No Personal Assistance Most insurance companies that have a presence online value their customers and provide every customer with personal online assistance. They understand people having various queries while buying their bike insurance online. Most co...