Get the Perfect Cover for Your Vehicles
If you happen to own a bike, scooter, or car, it is pertinent to buy two-wheeler insurance & motor insurance online. There are many companies offering two-wheeler insurance & motor insurance online. The two-wheeler insurance cover provides protection to motor cycles, scooters, mopeds, etc., irrespective of the usage: personal, commercial or mixed.
Kinds
of policies
Comprehensive:
Provide
a safety net for all types of damages incurred by the vehicles or the rider in
case of an accident.
Third-party: Liability-only policies cover only injuries, death, or damage incurred by third party or third party property.
Motor
insurance is your savior
Everyone loves his or her vehicle, whether it is a car or a bike. For many, vehicles are prized possessions. You drive around on these vehicles on a regular basis. So, you would not want any harm to be caused to the vehicle you own. However, the risks are too high on the road, and the safety of the vehicles has to be ensured. The two-wheeler insurance policy gives financial coverage to your vehicle against physical damage, theft, and third-party accountability. With Indian roads becoming unsafe day-by-day, buying two wheeler insurance & motor insurance online can minimize your financial burden.
Aspects
to be considered before buying the policy
The dynamics of the two-wheeler insurance market have changed with the entry of new players. There are many companies vying for the customers’ attention by offering various features. So, it is better to buy a two-wheeler insurance policy online, instead of purchasing motor insurance from enthusiastic sales agents. There are many factors involved in the selection of a policy and you need to devote enough time before opting to buy one. Some of the aspects to be considered before opting to buy a policy are:
Coverage
Choose a policy that fulfills all your requirements. To begin with, you need to decide whether you want a comprehensive policy or a third party liability only policy, the latter is mandatory. With fatalities on the road increasing, it is better to have a policy with comprehensive coverage. Then, you should also be aware of the exact inclusions and exclusions of the policy.
Premium
This is the sum that you are required to pay to the insurer for availing the benefits of the policy. Now, you have to think about how much you are willing and able to pay. If you don’t want a high premium, choose a policy with a reasonable premium. However, keep a watch on the policy features while selecting the least premium amount. Ensure that you don’t compromise too much on the coverage aspect for the sake of a minimal premium.
Hassle-free
transfer of No-Claim Bonus
Upon buying a new vehicle, the insurance company provides easy transfers of your no-claim bonus (NCB). It is generally given to the owner/driver of the vehicle. The easy transfer option implies that the insurance company is rewarding you for not making a policy claim in the previous policy term.
Riders
In case you don’t have sufficient coverage, then do not forget to add riders to the insurance policy. Incorporating riders to a policy will add to premium rates. These riders are not required if you have adequate insurance coverage. But, if your insurance is restricted then it is better to opt for these riders.
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