A bike insurance policy will help you protect your financial health and provide you with the necessary coverage in the event of accidents on your bike insurance. Check online & keep reading.
- Choose The Proper Sort Of Bike Insurance
The purchase of a two-wheeler liability insurance policy is required. It can provide compensation for injury or property damage to a third party. A comprehensive plan, on the other hand, can provide broader coverage, including your bike, for a higher premium. third-party bike insurance with low premiums if you want the bare minimum in coverage. Are you looking for the right match? Choose an Own-Damage plan and a third-party plan to be reimbursed for your bike-related and medical expenses. *
- Research Bike Insurance Policies And Invest
Shortlist plans that provide the ideal value for a low. One plan may offer the convenience of a quick, completely digital claims process, allowing you to avoid physical trips. Then, make it a priority to purchase a bike insurance policy directly with your insurance provider, as doing so will allow you to avoid paying middlemen fees. * ##
- Avoid Additional Personal Accident Covers
Personal accident insurance is also required, but not if this is your second bike. This is because the PA cover protects you and not the vehicle. Therefore, avoid additional PA policies that may be included in comprehensive plans. *
- Maintain Your No-Claim-Bonus
You receive a No Claim Bonus when you go a year without filing an insurance claim. Consequently, you will receive a concession on your bike insurance premium. Depending on the number of years without a claim, your value could reach 50%. This can lead to substantial savings. * ##
- Transfer Your No-Deposit Bonus
When your bike insurance lapses, switch providers. Do not forfeit the reward you earned for driving responsibly and avoiding minor claims in this situation. By transferring your NCB, you can receive a lower premium. Ensure that your NCB certificate and other documents are readily available. *
- Always Securely Operate Your Vehicle
Before determining your premium, insurance companies assess the risk you pose. A clean driving record is an excellent method for reducing the cost of your bike insurance. *
- Specify The Presence Of Anti-Theft Devices
Show your insurer your existing vehicle tracking system, which must be ARAI-approved if you have one for your new bike. These devices can reduce the risk of property loss, resulting in a reduced insurance premium on your Bajaj Allianz bike insurance. *
- Avoid Additions And Modifications
You may view optional benefits such as roadside assistance as unnecessary. Eliminate such coverage to reduce your insurance premiums. Modifications should also be avoided, as they increase the cost of eventual repairs and your insurance premium. You may need additional coverings for a bike that has been modified. *
- Consider A Long-Term Bike Insurance Policy
Determine if your provider offers three years of coverage instead of one bike insurance. Check online to avoid renewals, and you are also protected from price increases. *
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*Standard T&C Apply
## All savings are provided by the insurer per the IRDAI-approved insurance plan. Standard T&C apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.