Aniket kumar | Oct 7, 2023 |
Unbelievable Two Wheeler Insurance Secrets Revealed! You Won’t Believe
Two-Wheeler Insurance: Two-wheeler Insurance is one of the easiest ways to get financial protection for our vehicles against several unforeseen losses. Two-wheeler insurance is a legal agreement between the insurer and the Insurance company in which the insurer provides financial coverage to the Two-wheeler owner against any loss or damage to the two-wheeler due to unexpected circumstances. Two-wheeler Insurance offers many types of coverage, like theft, fire, accidents, losses, etc., which is very important for financial assistance.
Provide Financial Protection:
Two-wheeler Insurance provides financial cover that helps to save a lot of money in case of theft, damages, accidental damage, occurring due to natural and man-made disasters and third-party liabilities. Therefore, buying bike Insurance helps bike owners to repair vehicle damage easily.
Provide an Easy Transfer of the No-Claim Bonus:
The No Claim Bonus (NCB) in Two-wheeler Insurance is a discount offered by Insurance companies to their customers for not raising a single claim during a policy period. This NCB discount can be used on the own-damage policy renewal.
Add-on Covers:
With the help of Two-wheeler Insurance, we can get some additional coverage or add-ons offered at a nominal premium to enhance the strength of the comprehensive policy coverage. The common add-ons available under the inclusive Two-wheeler Insurance policy include – zero depreciation cover, NCB protection cover, pillion rider cover, roadside assistance cover, etc.
Cashless Garage:
Cashless garage facilities in Two-wheeler Insurance are types of facilities offered by Insurance companies to get your insured vehicle repaired without paying any extra cost. In case of damage to your vehicle, you can opt for the nearest cashless garage and repair your insured Two-wheeler.
Two-wheeler Insurance Policies provided by General Insurance Companies in India:
Third-party Bike Insurance: Third- party Bike Insurance is a type of Insurance which is insured person’s Insurance will cover the damages and losses caused by any other person to third party’s.
Stand-alone Own Damage Bike Insurance: This type of two-wheeler Insurance plan where the policyholder receives protection for their own insured bike against any losses or damages due to an accident.
Comprehensive Bike Insurance: A comprehensive Bike Insurance policy provides shield to your Two wheeler due to any impact damages, Fire, theft, Earthquake, etc. And it also provides cover against any third party responsibility in terms of death or fleshly injury.
Top 5 Two-wheeler Insurance Companies in India:
We cannot avoid the risks of life, which happen both naturally and man-made. So, we can take Two-wheeler Insurance to protect our vehicle from unexpected incidents. It is very necessary to avoid any type of damage to our Two-wheeler, but when we go for Two-wheeler Insurance, we should be careful and keep in mind certain factors associated with it while taking Insurance.
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