In India, owning a bike is a passion for some, while for others, two-wheelers are a convenient way to commute. Whatever the reason behind your purchase, owning and maintaining a two-wheeler is a considerable responsibility. There might be instances when misfortune could fall on your bike– it could be stolen, get destroyed in flood, or you could meet with an accident along with it.Irrespective of what happens, it is you who has to bear the brunt of paying the costs if something does happen to your precious two-wheeler.
Thankfully, you can extend a protection cover on your bike with two-wheeler insurance. When you invest in an-all around insurance policy for your motorcycle, you can make sure that your two-wheeler remains protected against all forms of physical and financial losses. To help you decide on how to choose the best two-wheeler insurance policy for your bike, here are a few points that signify the importance of two-wheeler insurance.
Flexibility to Choose the Insurance Cover
Some of the best two-wheeler insurance policies in India offer you the flexibility to choose an insurance cover, depending upon the make, design and condition of your bike. Primarily, there are two types of bike insurances that you could apply for – a comprehensive policy and a third-party insurance policy. While third-party insurance only covers the cost of damage incurred by the aggrieved party and not by your vehicle, a comprehensive insurance policy protects your vehicle against all liabilities. Moreover, you can opt for accidental cover and third-party liability cover to further secure your two-wheeler through insurance.
Financial Support Against Liabilities
With the updates introduced under the Motor Vehicle Act 2019, it is both mandatory and essential to have comprehensive protection through two-wheeler insurance. One of the primary reasons for you to have two-wheeler insurance is that the policy protects you against third-party liability cost, accidental damage repairs and damage to property.
In case you meet with an accident while driving your motorcycle, the two-wheeler insurance policy will help cover the cost of damage caused, any serious injuries sustained by you and even a loss of life.
Peace of Mind
The biggest advantage of buying the best two wheeler insurance policy is that it gives you a complete sense of security and confidence to ride your bike. Moreover, it protects you against any fines imposed by traffic police and other concerned enforcement agencies, for not having a valid two-wheeler insurance plan. Overall, when you have the best two wheeler insurance policy to protect you against liabilities, you can focus on enjoying your bike rides with an open heart and an uncluttered mind.
Give Your Bike the Protection of the Best Two-Wheeler Insurance Policy
Today, we live in an age of customization and superlative customer satisfaction. Therefore, two-wheeler insurance policies offered by leading insurers such as TATA AIG allow you to customize your plans as per your needs and requirements. At the same time, you can go through Tata AIG two-wheeler insurance review to understand all the necessary features that you need to include in your policy When you opt for the best two wheeler insurance policy, you can also choose what add-ons you need, to further strengthen your base vehicle insurance policy.
While opting for a two-wheeler insurance policy, you must go through the policy wording to know about the intricacies of the plan including any hidden conditions for making vehicle insurance and the applicable depreciation slabs. Also, choose a two-wheeler insurance plan that offers maximal benefits at the lowest premium payable.
