Two Wheeler Insurance

Bikes are an extremely affordable and convenient transportation. Bike is  most popular vehicles for good reason,affordable and can zip easily through traffic. Paying heed to the safety and security of all on the road, the Regional Transport Authority in India mandates that all two-wheelers to have an insurance

Protect from Nautral & Non-Natural Incidents

Insured Two-wheeler  protect you from the expenses incurred due to damage sustained by your vehicle in case of natural disasters like flood and earthquake etc.

Two-wheeler insurance also protects you against various losses and damage as a result of man-made calamities like strikes, riots, burglary, theft, etc.

Comprehensive Insurance

The comprehensive policy offers complete cover for the two-wheeler as well as the insured. In short, the comprehensive plan will offer coverage for third-party legal liability along with coverage for your injuries and damage to your vehicle or vehicle theft. Many insurance providers also offer a number of optional covers or add-on covers, such as zero depreciation, RTI etc. In addition to that, it also offers personal accidental (PA) cover for the owner.

Add-Ons

The add-ons give you more coverage than your standard insurance policy. The insurance for bike price increases with these add-ons.When you buy Zero Depreciation or RTI facility along with your policy that increase the cost of your Policy.

Legal liabilities

In case there is a third-party involved in an accident with your bike, you are sure to face legal liabilities.Third-party insurance, which is mandatory with two-wheeler insurance, protects you against any third-party liability arising due to an accident.

Protection against natural & non-natural incidents

Having two-wheeler insurance also covers you against loss and damage due to theft, strike, burglary or war.

Two-wheeler insurance also protects you against various losses and damage as a result of man-made calamities like strikes, riots, burglary, theft, etc

NCB(No-Claim Bounus)

NCB is the bonus you earn for every claimless year of your insurance.NCB is an additional bonus percentage that you can earn for each claim-free year of your insurance.In other words, it is the benefit given by the insurance provider for safe driving and maintenance of your vehicle. Simply put, NCB is a bonus percentage that you can use at the time of your two-wheeler insurance renewal to reduce your Own Damage premium. At the time of renewal of your two-wheeler insurance, higher the NCB, the lower will be your insurance premium.

If you have read through the entire article, you now know the benefits of bike insurance. It is important that you do not overlook both buying and renewing your two-wheeler insurance policy.