Articles

The process of bike insurance online renewal

by Kanika Shelatkar Insurance Consultant

The demand for bikes has increased over recent years. Many people prefer buying them as they are easier to maintain and quicker to manoeuvre during traffic congestions and road blockages. Motorcycles are lighter, faster, and easier to control, especially for the urban population. There are many advantages to using vehicles as a mode of transport as they save lots of physical effort and time.

Safety is the priority of any vehicle owner. While on the road or the highway, there have been cases of mishaps and vehicle collisions. The vehicle gets destructed and destroyed, and the owner gets severely injured. During such critical situations, it is crucial to get two wheeler insurance renewal to cover the expenses of the damaged vehicle as well as the health services of the accident victim.

Since every other product and service is available over the internet, there are many different websites offering benefits of two-wheeler insurance renewal online. The bike does not undergo any inspection on renewing the policy. Also, the hassle of paperwork decreases with insurance companies providing an online soft copy of the policy document to the registered email ID. It is easy to claim insurance by contacting the insurance provider online and getting complete support.

How to renew the insurance policy online?

Many people travel on roads with expired insurance policies without realising that it is a punishable offence and that the policy stands invalid. They are also penalised for such mistakes and end up spending more than required. Hence, it is recommended to get two wheeler insurance policy renewal online so that there is less of worry.

The steps of online renewal are as follows:

Insured Declared Value: After the user enters the details of the vehicle, quotations from different insurance companies will be displayed. Compare all their Insured Declared Values (IDV) and choose the one that suits the budget.

Evaluation of the cover: Renewals also allow the insured to evaluate their policy covers and compare them with other plans available in the market. They can choose the one that is suitable for them.

Knowing the add-ons: Add-ons to the policy cover may seem like an additional expense, but they enhance the benefits of the policy.

Checking all the information: Before paying the amount for the premium, it is recommended and essential to check whether all the vehicle and owner details are entered correctly.

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About Kanika Shelatkar Innovator   Insurance Consultant

11 connections, 0 recommendations, 73 honor points.
Joined APSense since, March 18th, 2019, From mumbai, India.

Created on Jun 5th 2020 05:37. Viewed 472 times.

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