Buy an All-inclusive Two-Wheeler Insurance for a Secured Bike Ride

When you purchase a bike or any two-wheeler it makes you happy. A vehicle provides you freedom to travel anywhere you like without depending on public transport. It saves time and money too. Yet it is mandatory to purchase a bike insurance to protect you from financial support on any mishaps. Today, with the increasing road accidents, the government has made it mandatory to purchase two-wheeler insurance and other vehicle insurance. 

Two Wheeler Insurance Policy | Image Resource: indiamart.com

With a two Wheeler insurance, you can safeguard the driver, co-passenger, your bike and third party too. It pays off the heavy bills and worries a bike accident can bring in. So, purchase a very good two-wheeler insurance policy for your bike to safeguard your ride. 

Points to ponder when you buy Bike Insurance 

The main objective of purchasing bike insurance is to protect you from heavy financial losses during any accidents. It covers your bike, the riders, and third part based on the type of insurance you choose. Motorcycle Insurance must be comprehensive to avail all benefits. You can also choose the type of coverage based on the bike model and vehicle’ age. Nevertheless, third part coverage is mandatory and is decided by the IRDAI/Insurance Regulatory and Development Authority of India 

Some of the benefits of purchasing two-wheeler bike insurance are: 

Based on the type of coverage you opted, the insurance covers the following aspect which will a good support during any mishaps.  

• Rider Medical expenses coverage: The insurance policy covers medical expenses of the rider if the insured bike meets any accident. 
• Two- Wheeler Coverage: The policy also meets the expenses of the repairs and reimbursements due to theft, accident, and vandalism. 
• Third- party coverage: This coverage is mandatory for all vehicle under the motor vehicle act in India. Moreover, it is very important too as it takes the liability of the third party which could be very huge at times.  
• Collision coverage- this coverage meets the expenses of repairs and damage of other vehicle or property caused by you and vice versa. 
• Total loss coverage- This is policy replaces your vehicle if the bike is totaled. 

Nevertheless, before purchasing a comprehensive a two wheeler insurance policy, it is essential to assess the Bike values, insurance provider, and past history of claims and settled claims. You can search online to get complete details on the insurance provider and get the bet and genuine service provider to safeguard the bike, your life and others too.