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Make the switch to bike insurance and save on your monthly premiums!

If you are a bike lover, then you know the importance of getting 2 wheeler insurance is essential. Even a single scratch or dent on the vehicle gives the owner pain and agony. It is a well-known fact that four-wheelers have dominated Indian roads, but there is no doubt that bikes still have a loyal customer base.

The first and foremost step to protect your vehicle is to ride safely and follow all the mandatory guidelines. However, any untoward incident is not in our hands, so this is where bike insurance steps in.

Long gone are the days when people used to go physically to purchase vehicle insurance, as, with just a few taps on the smartphone, one is good to go.

What is bike insurance?

Bike insurance is a policy where an insurance company assures to cover damage to the owner’s bike due to an accident, theft or collision. Further, it also protects against third-party liabilities from injuries to one or more individuals.

As digitisation has taken over in the current era, purchasing bike insurance online is one of the best options to avail. In my personal experience, buying insurance from your comfort zone is one of the best things you can do in today’s time.

Why is it important?

As per the Motor Vehicles Act 1988, third-party motor insurance is mandatory in India. However, it is essential to know that not every individual pays the same insurance amount, as many factors come into play to determine its cost.

●    Legal liabilities

If an accident occurs between a third party and your bike, there are bound to be legal liabilities. Therefore, insurance offers protection against it.

●    Protection against natural and non-natural incidents

It protects from expenses incurred due to natural disasters like earthquakes, floods, etc. Moreover, non-natural incidents like theft are also covered here. 

●    No Claim Bonus/Discount

If, in any policy year if you haven’t made any insurance claim, then at renewal, you’ll receive a substantial discount on the premium payable.

Here is an easy step-by-step guide on how to get bike insurance online

  1. Download the Bajaj Finserv application on your iOS/Android
  2. Sign up with your personal details
  3. Once you log in, you’ll see a section for ‘Insurance Bazaar’ on the home page
  4. Tap on Bike
  5. Enter your vehicle registration number as well as city pin code to get pricing details
  6. Enter your Vehicle Details
  7. Get a Quote
  8. Choose the one which suits your requirement

Believe me or not, getting 2 wheeler insurance nowadays is as easy as ordering groceries from your smartphone. Gone are the days when the same was considered a tedious task and one had to go physically to the concerned site. Check It – According to the CTN News

Lastly, it is pertinent to mention that I’m not promoting or endorsing any company here but just sharing my personal experience here so readers can easily understand.