Complete Bike Insurance Renewal In Minutes Through The Insurance Company’s Websiteby Kirti Saxena Kirti Saxena is a web enthusiast and a writer The law deems it mandatory to have bike insurance before you take the vehicle on the roads. Heavy traffic increases risk of accidents and even a small incident on the road can cause a lot of expenses. Bike insurance helps to bring down such unexpected expenses and enables you to cope with the situation.
Application, claims and renewal:
Bike insurance coverage is available for a period of twelve months, after which the policy must be renewed. You can easily apply for it online, which saves time in going to the company to get it. When you have to make a claim, fill the online claims form and submit it along with relevant documents. Bike insurance renewal can also be done online. If you renew the policy without a break, you are entitled to the no claim bonus, which gives a small reduction on the premium charges.
Bike insurance offers compensation for different types of problems that can affect your two-wheeler. It pays out for damage to vehicle caused by theft or accident. If you happen to injure a third party, cause damage to their vehicle or property, the policy will provide compensation to meet liability expenses. It will pay out if there is a personal accident which causes loss of life or permanent disability for the driver.
At an additional charge you can avail personal accident coverage for fellow passengers. If you get cashless coverage you can get the vehicle serviced in any of the garages that falls under the insurer’s network but without paying cash. The company will directly pay the garage for repair costs. Any bike accessories will automatically be covered by the policy, if they are fitted by the manufacturer. If not, you have to pay an additional charge to get coverage for them.
In the event of selling your bike or scooter, existing insurance can be transferred to the new owner. This flexibility enables you to avail its benefits without worrying what will happen when you want to sell the bike and get a new one. You can also transfer existing insurance to your new bike and easily continue its coverage. When you do two-wheeler insurance renewal every year before the due date, no inspection is done on the vehicle.
The compensation offered by bike insurance helps to meet sudden and unexpected expenses arising from incidents on the road. Even a small repair can cost a lot. With bike insurance, such amounts can be drastically reduced, saving you from enormous expenses. None can deny the comfort of owning a two wheeler because it makes commuting so easy. Almost every home has one or two bikes or scooters. Since the number of two-wheelers is on the rise, two-wheeler insurance provides vital protection against the unexpected on the roads.
For more information visit: Bike Insurance Renewal and Two Wheeler Insurance Renewal
Created on Dec 31st 1969 19:00. Viewed 0 times.
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