Why Do You Need Two Wheeler Insurance?

by Kirti Saxena Kirti Saxena is a web enthusiast and a writer

Two Wheeler Insurance is mandatory by law and is also an excellent instrument to protect against loss due to theft or accident.

Two Wheeler Insurance policy offers comprehensive cover against damages caused by earthquakes, storms and similar natural calamities as well, and man-made calamities such as building collapse and more, accident and if your vehicle is stolen.

In case of accident, cashless claim can be made through wide network of garages across India - wherein the insured can get their two wheeler repaired free of cost. No claim bonus benefit for not claiming insurance for previous policy period.

What is covered?

Two Wheeler Insurance offers coverage against damages due to natural calamities like fire, explosion, earthquake, flood, cyclone, hailstorm, and landslide.

Manmade calamities like burglary, theft, riot, strike, terrorist activity are also covered by Two Wheeler Insurance.

Personal accident cover is provided in case the driver/owner suffers injury or permanent disability due to a mishap. Add- on personal accident cover can availed for co-passenger.

Third party liability protection against accidental damages to others or others property resulting in injury or death.

Damages while travelling by road, rail, and air are covered by Two Wheeler Insurance.

Policy Exclusions

General ageing of vehicle due to normal wear and tear is not covered by Two Wheeler Insurance. Damage to the vehicle due to rash and negligent driving or without a valid driving licence is not covered.

Electrical and mechanical breakdown are not borne. Wear and tear of parts like tyres, tubes are not covered. Sometime the insurance company pays only half of the value of the parts damaged.

Bike Insurance Calculator is an online tool that enables an individual to select a standard policy which is best suited.

Bike Insurance Calculator allows the customer compare and select best policy offered by different insurance companies.

Premium for the Two Wheeler Insurance is calculated based on the IDV of vehicle, place of registration and age of the vehicle.

It is important to understand what is presented by different companies and then buy a suitable premium plan after comparing a number of plans offered as insurance brokers are more focused on selling their plan.

Bike Insurance Calculator helps in comparing quotes provided by the insurance companies. It is very important to choose a plan which perfectly fits the requirement.

Most of insurance companies offer plan online and with help of Bike Insurance Calculator, plans can be bought from comfort of home with less effort and time.

Buying a Two Wheeler Insurance policy is a compulsion to every two wheeler owner which in turn protects vehicle from unexpected situations.

For more information visit: Two Wheeler Insurance and Bike Insurance Calculator.