As we all know, two-wheelers are exposed to the risk of road accidents, especially on Indian roads. Hence, it becomes important for us to safeguard our vehicles with appropriate bike insurance. Moreover, it is mandatory under the Motor Vehicles Act of 1988 to have a two-wheeler insurance policy for your bike. Having a valid insurance policy will thus not only safeguard your vehicle against unforeseen accidents and damages, but also protect you in case of theft, third-party liabilities, or loss incurred due to human-made and natural disasters. However, before you purchase bike insurance online or in person, you must compare different policies. It will allow you to make an informed decision and choose a plan that fulfils your requirements.
How to Compare Bike Insurance Online
With so many insurance companies providing two-wheeler insurance plans with competitive offers and benefits, choosing a two-wheeler insurance plan that’s right for you can be difficult. Thus, it is important to research and compare two-wheeler plans to select a policy that is right for you and your bike. Here are a few factors you must consider when you compare two-wheeler insurance plans:
Compare bike insurance policy quotes from various web aggregators
All online two-wheeler insurance comparison websites may not feature the same depth and variety of insurers. The quotes are also not always the same. Hence, while you compare bike insurance online, make sure that you visit an IRDAI (Insurance Regulatory and Development Authority) licensed insurance web aggregator for a two wheeler insurance premium comparison. For more details, you can refer to the list of approved insurance web aggregators on the IRDAI website.
Check the list of network garages
You can enjoy the cashless claim facility when you get your bike serviced at a network garage. While comparing online two-wheeler insurance quotes, opt for an insurance provider which has a wide chain of network garages. This will ensure that you don’t have to pay upfront at an out-of-network garage in case of car damage.
Opt for add-on bike insurance covers
While a basic comprehensive bike insurance plan covers own car damages along with third-party liabilities, it may not be enough. To maximise your insurance coverage, you must consider combining your bike insurance policy with add-on covers. Add-on covers like zero depreciation cover, lock and key replacement cover, etc. can financially safeguard your two-wheeler in uncertain times.
Benefits of Comparing Bike Insurance Online
Some of the salient benefits of comparing two-wheeler insurance online are as follows:
Allows you to make an informed decision
After comparison, you will have the facts right about different bike policies. Thus, you can choose a plan that fulfils all your insurance demands.
Comparing different policies online is simple. All you have to do is visit the website and enter your bike details. Depending on the given information, you will be provided with a list of policies suitable to you.
When it comes to insurance, you cannot purchase the policy that you first set your eyes on. To make an appropriate decision, it is essential to browse through different options and then choose a policy that is best suitable for your needs.
To know the best available options, you must compare different bike insurance policies online. Also, make sure that you are purchasing bike insurance from a reliable source, like Bajaj Markets. With the two-wheeler insurance available on Bajaj Markets, you can benefit from features like 24x7 bike roadside assistance, cash-free servicing, no third-party involvement, hassle-free bike insurance renewals, and so much more. You can also use our bike insurance calculator to compare two-wheeler insurance online.
So, why wait? Get two-wheeler insurance with us, right away!