A cover protection for your fulfilled dreams

Posted by sanjay on June 29th, 2016

In India more and more people have started discovering the benefits of owning a suitable bike which will not only help them enjoy a happy ride during traffic jams, stay away from congested train journeys but also lets them complete most of their important works at times when they want to get it done quickly during the need of the hour. Besides owning the first ever bike is always a special feeling especially among the youngsters. They usually look for the style and ride comfort in bikes. However, protecting your two-wheeler is also equally important and finding good deals on two wheeler insurance is becoming increasingly important. So if you’ve have already plan to buy your new bike this festive season but are hesitant due to the insure costs then relax the article will guide you on some of the ways to manage to save money on your bike insurance deals.

Ideally no matter what you learn during your initial investigation of the rates from your friend or family member the cost of bike insurance will vary widely. It is advisable if you have time and resource do an online research and gather the quotes on a wide range of policy types from multiple different issuers. Today, markets are pooled with various insurance companies that offer attractive discounts deals especially during the festive season for new customers as well as retain the old ones.  You need to hunt such companies, shortlist around 3 to 4 and then buy your insurance the one you feel gives the best offer.

Understanding your two wheeler policy

Two wheeler insurance policy offers coverage in many different ways. It pays for damage to vehicle from accident, theft, man-made or natural disasters. It pays for third party liability expenses when the vehicle accidently damages third party vehicle, property or driver. In case of permanent disability or loss of life it covers for the losses. Compensation can be claimed on all these points and also for add-ons that you have opted. Most people opt for the basic policy as it brings down many expenses at low costs.

Add-ons are one good option that might increase your premium slightly but they will give vital protection against so many sundry expenses that are likely to arise while getting your two wheeler repaired, in the event of an accident or when you succumb to injuries. Some of the add-ons that you can opt for are deprecation cover, cover for medical expenses, cover for lost key etc.

Online services have made the claim procedure simple and time saving. Just fill the online claims form and submit it with relevant documents. The insurance company will review the documents and give the money as per the terms and conditions.

Most customers delay policy renewal to save handful of expense. But you may never know when a tragedy can struck you. Just imagine if you’re left uncovered you’ll be completely baffled due to huge financial losses. Therefore, it is wise to renew your two wheeler insurance on time. Scooter or two wheeler insurance can be done online which saves time and effort. You can continue its benefits instantly in just minutes with online renewal. If you haven’t made any claims during the prior year you’re eligible for no claim bonus which can be used to bring down your insurance costs. Also check if your policy gives you cashless cover option to meet sudden repair expenses without paying cash at the garage.

Times are tough, giving more exposure to so many risks. Even an experience driver can succumb to accident. An over confident driver will not have insurance but the one who is confident will always posses a suitable two wheeler insurance for his or her bike.