Things you should consider while buying two wheeler cover

Posted by sanjay on November 2nd, 2016

A bike is one of the most prized possessions people own in India. For some it’s a symbol of prosperity and while other see it as the most valuable asset to commute daily or perform their responsibilities towards family or friends. Bike is the easiest way to commute and probably the most efficient also. But protecting our bikes from unfortunate incidence like accidents, damages, natural calamities, manmade situation etc. is also important and therefore India Tariff Law makes it mandatory to have suitable 2 wheeler insurance for your bikes.

In today’s highly inflating economy, fixing your motorbike could be quite expensive and so can be the medical bills that you accumulate subsequently. To save you from spending on expenses, it’s better to get bike insured. It will cover your motor vehicle from unexpected damages in events of theft, robbery and third party liability.

Today, there are hundreds of 2 wheeler insurance companies that offer insurance of varied types and sizes with feature rich products. Such is the situation that the competition is growing each day. While there are various ways to purchase bike cover such as visiting the insurance companies, calling up customer service, hiring agent, etc. the smartest way of the modern day times is purchasing bike insurance online.

You can choose the best bike insurance policy as per your need and budget. But before you head to any insurance firm for the purchase here are following tips to make sure your motorcycle insurance a little less expensive:

•Many bike owners hesitate to ask for discounts either they take policies as burden by government or don’t have enough knowledge on insurance policy. However the fact is insurance companies valuable their existing customer and is willing to offer varied discounts such as good driving record, security elements, etc. So, check with the insurance company before purchasing policy for any discounts in your basket.

•Don’t include members with poor driving record as it will cause your insurance rate to be higher comparatively. 

•Instead of making small claims, for petty dents or scratch utilize it for higher risks or damages. This way your claim will be there for you as a back-up when you really need the financial support

•Elements like security aspects, place of parking your bike, place of living matters a lot when it comes to two wheeler insurance premiums. A safe place to park like garage or no riot prone areas with better security aspects will help you lower down your premium costs.

•A good driving record is another factor that greatly influences your bike insurance rate.  Insurance companies know you’re a responsible citizen and are willing to offer better cover at lower rates.

When finding a good 2 wheeler insurance policy, make sure you do a thorough research and shop around for all available options. Never purchase the first policy that come across instead compare it online for better features and offers, discounts, flexible payments, higher coverage, easy claim processes. Also, it’s important you check all the terms and conditions carefully before buying your policy. Buying online 2 wheeler policies has varied benefits in the form of convenient way of cashless settlement; 365 days support service and instant claim assistance.