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Give Your Sports Bike That Additional Protection With These 4 Bike Insurance Add-Ons

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Owning and riding a sports bike is no less than an adventure! Therefore, it is quite natural that those who own these bikes would want the best for their precious two-wheeled beasts! So, when it comes to insuring your bike against any unforeseen events, you would want the best bike insurance with comprehensive coverage. However, even the most comprehensive policy may not cover certain risks that your sports bike is prone to. Here, add-ons may be of immense help. But which add-ons are suitable for a sports bike? We answer this question in this article.                                                                                                       1. Zero Depreciation add-on Depreciation refers to the gradual decrease in the value of the vehicle as a result of daily wear and tear.  The older your sports bike gets, the more its depreciation increases. Generally, when you raise a claim on your two-wheeler insurance policy, the insurer takes into account the depreciation value
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Confused between Third Party and Comprehensive Bike Insurance? Let’s find out which one’s Better!

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If you are into bikes, you should also know that you cannot take your vehicle out for a ride without having a bike insurance policy . However, while it is only mandatory for you to have a basic third-party insurance policy, there are many policyholders out there who opt for a comprehensive insurance policy. Now, why would anyone want to pay more premium when it is not even mandatory? To answer this question, we would have to dig deeper. Let us learn more about each of these policies and look at their differences.   Third-party bike insurance A third-party bike insurance policy is the basic mandatory policy you need to have which covers injury/loss/damage caused to the third party. Basically, your third-party liabilities are taken care of by this insurance policy. For instance, if you are in an accident, your insurance policy would provide coverage for the losses of the third party. However, it would not cover the damages faced by you.                                                    
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An Overview of Natural Disaster Coverage in Two-Wheeler Insurance

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We all want to make sure that our bikes and scooters stay safe and secured from several unforeseen risks and dangers. And, that is why it is important to have the protection offered by a well-designed two-wheeler insurance policy that offers comprehensive coverage. One very prominent danger amongst many is the danger of natural disasters. If a natural disaster were to strike, it can cause immense damage to your vehicle along with the surroundings. Let’s take a look at how two wheeler insurance can cover your bike when nature goes awry.  Which natural disasters are covered in two-wheeler insurance?   Firstly, it is to be noted that different insurers offer coverage for natural disasters in their own way. Not all insurance companies offer coverage for the exact same number of natural disasters. While some may exclude hailstorms, others may not offer coverage for cyclones. Ideally, the best two-wheeler insurance plan would cover these natural disasters-    - Earthquake  - F
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5 Steps to help you Successfully get Bike Insurance Online

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Getting a new bike is an exciting and joyous event. With more accessibility, however, comes more responsibility. As per the Motor Vehicles act of 1988, it is illegal to ride a bike without a basic bike insurance .                                             If you are entering the world of insurance for the first time, it could be confusing to understand where to start from and what to look at. However, to give this topic a little clarity and help you pick the right insurance suiting your needs, here are 5 steps to purchasing two-wheeler insurance online -   Step 1   - Research for a good insurance company It is very important to get the right company to provide you with insurance for your bike as you are going to trust them with your hard-earned money in times of peril. A good insurance company has a higher claim settlement ratio and a lower claim processing time. This means that the company would take less time to pay the bill for your repairs and pay it whenever an appropr
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6 Mistakes to Avoid When Buying Bike Insurance Online

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Having a valid bike insurance policy is not only compulsory by the law but it even plays a very important role in providing financial support in the unfortunate event of an accident. Buying a bike insurance policy is not a very difficult task and has become very convenient in recent times.  However, because of this, many people tend to overlook some small details and end up having their claim rejected in a time of need. Nonetheless, to help you out, here are 6 mistakes to avoid when buying a two wheeler insurance policy online -  1) Not comparing the different insurance plans - With the accessibility that the internet provides, you now do not have to settle for an insurance plan that costs you more and still does not cover everything that you would need it to. You can easily find out the different insurance plans by searching for ‘online two-wheeler insurance’ on google and select the policy that not only fits your budget but even fits your insurance requirements perfectly. 2) Opt
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5 things to know about Third Party Bike Insurance

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Third-party bike insurance is essentially the cover for the insured person against any third-party damages that occur in an accident. For instance, if you happen to get in a bike accident and are found liable to pay for the damages of the concerned party, the insurance company pays these charges for you. However, the damages incurred to you and your bike are not covered. To help you understand this type of insurance better, here are 5 things to know about third party bike insurance -  1) It is the most basic insurance requirement for motorists - In accordance with the Motor Vehicles Act of 1988, it is illegal to ride a two-wheeler in India without a valid bike insurance cover. Third-party insurance is the most basic and budget-friendly way to meet this requirement of the law. 2) What does it cover - A third-party insurance relieves you of the financial burden of having to pay for the damages of the other party. It covers you against the property damages of the third party and also
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5 SMART Tips to Reduce Your Bike Insurance Premium

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  Ask any bike owner and they will tell you of the many journeys their vehicle has taken them on. From the usual commutes to work to more exciting road trips, your bike is your friend on the road. Regardless of the role your bike plays in your life, it has to be insured with at least a third-party bike insurance policy . If you are buying a bike insurance policy for the first time or renewing it soon, you may be looking to get a lower premium on the policy. Here are 5 ways you can achieve this.                                                            1. Consider buying insurance online  Insurance, like many other products and services in the market, can be bought online nowadays. The chances of you getting a discount on the two-wheeler insurance policy are much higher online than offline. Plus, buying insurance online allows you access to websites where you can compare several policies at once so that you get the best deal suitable to you. It also introduces a new level of conv
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