The importance of two wheeler has increased considerably in India over the past few years. More and more people are inclined towards buying and using a two-wheeler on the daily basis due to its convenience in Indian conditions. Selecting an appropriate two-wheeler insurance has become a vital decision for the two-wheeler owners. The market is filled with a plethora of options when it comes to two-wheeler insurance service providers. Making the accurate decision of buying the right policy helps one to cover the expenses for the third party liabilities and to repair own bike. Comparison of different two wheeler insurance policies from various providers helps to get the ideal policy for your two-wheeler. Let’s explore the way by which you can compare your two-wheeler insurance online.
Website of the insurance company
You can log in to the websites of the different insurance companies and note down the main features and prices of the two-wheeler insurance on offer. You can go to the website and download the brochure and get insights of the policy.
Insurance Aggregator website
If you are looking to compare two wheeler insurance policies online, then this is the best way to do so. All you need to do is enter the details of your two wheelers like make, model and registration details and within seconds it will show up details of insurance policies and various options for your specific two-wheelers details entered. You get to compare the premium, features of the policy and other details on a single screen. This makes the comparison process easy, convenient and helps with better decision making in selection of the two-wheeler insurance.
Why Is Two Wheeler Insurance Important?
- Obligation as per the Law
Most importantly having a valid two-wheeler insurance is obligatory by the Indian law, as per the Motor Vehicles Act, 1988. So you would be a law abiding citizen by following the rules set by the government.
- Protection for yourself
Personal accident add-on cover is a two-wheeler insurance that secures the insured in the event of a two-wheeler accident. It provides financial protection in case of accidental death or total permanent or partial disability under a two-wheeler insurance.
- Shield from unfortunate events like man-made and natural calamities to your vehicle
There are many things in the world you cannot have control over. A lot can happen to your vehicle from getting stolen to getting stuck in floods during the monsoon. Avoid digging a huge hole in your pocket in such instances by getting one of the best two-wheeler insurance policies. Your comprehensive insurance has the ability to cover your vehicle in case of both, man-made risks such as accidents or thefts and natural calamities such as earthquake, fire, or landslide.
- Feel financially safeguarded
Getting your two-wheeler vehicle insured comes with peace of mind that helps you ride with a sense of confidence. You know that the insurance has your back in monetary terms in case of mishaps on the road or otherwise.
- Optional add-on covers
Many of the top-notch insurance companies provide you with several add-ons that you can purchase with your two-wheeler insurance. For example, accessories cover add-on will protect you from the damage or loss of your vehicle’s expensive accessories, a personal accident cover will assist you to foot your medical bills in case you get into a major accident, and a pillion rider cover will protect your co-passenger. In case of a serious mishap, you will be protected from most of the loss/damages if you choose these add-ons.
Why Should You Be Buying Two Wheeler Insurance?
Not only must you buy your insurance plan, but also renew it on time before it gets expired. Here are a few reasons why:
- You may get caught and fined
If your two-wheeler is found on the road with no two-wheeler insurance, you will be found guilty of bending the law and thus will have to pay a hefty fine. Avoid getting panicked every time you cross the police check area.
- You and your vehicle are at risk
Riding a two-wheeler without a two-wheeler insurance plan just means that you are at a risk of paying money right out of your pocket in the event of even an accident. You will also liable to pay any additional compensation to the third party if you get sued, it can result in a financial disaster for you.