Two Wheeler Insurance in Bangalore

Two-Wheeler Insurance - Bangalore

Bengaluru has an extensive public transport network in the form of buses and MRTs (which is currently undergoing rapid and massive expansion). There are also numerous taxis and taxi aggregator companies which along with auto rickshaws ensure easy commute in the city. Bengaluru is well connected with the rest of India by air, rail, and an extensive network of state and national highways. Some of the major roads in Bengaluru are: MG Road, Brigade Road and Commercial street are good shopping destinations, Church Street and 100ft Road Indiranagar are foodie destinations and the Outer Ring Road connects points in and around the city. Other major roads in Bangalore are SJP Road, ITPL Main Road, Hosur Road, Sarjapura Road, Sampige Road, Race Course Road, Cubon Road, Residency Road and HAL Airport Road.

Despite an extensive public transport network, most Bangaloreans still prefer to use personal transport for its convenience and comfort. Being one of the fastest growing cities, it has seen an exponential increase in the number of two-wheelers on the cities roads. According to the transport department, Bengaluru has more than 50 lakh registered two wheelers as of 2017 which account for 69% of total traffic on the road. Popular two wheelers in Bengaluru are Honda Activa, Hero Maestro, Suzuki Access, Hero Splendor, and Bajaj Pulsar.

Extensive and haphazard construction combined with bumper to bumper traffic that makes driving on Bengaluru's roads dangerous. Bengaluru had 4,611 cases of registered road accidents in 2018 of which 1337 involved two-wheelers. Two-wheeler accidents account for 25% of road crash deaths across India. With this in mind, it’s important to make sure you and your two-wheeler have two wheeler insurance in Bengaluru for safety.

Benefits of Two-Wheeler Insurance in Bengaluru

Under Indian laws, it is mandatory to have two-wheeler insurance in Bengaluru at the time of purchase and through your ownership tenure. A major benefit of having bike insurance in Bengaluru is that it protects you from financial loss in case your two-wheeler is involved in an accident or is stolen or damaged. Two-wheeler insurance cover in Bengaluru comes in two options:

• Third Party Liability Insurance - This is the bare minimum mandatory plan and protects you from financial damages incurred by a third party only, due to your two-wheeler. This does not cover you, your two-wheeler, or your passenger.

• Comprehensive two-wheeler insurance - Comprehensive coverage on the other hand provides complete financial protection for you, your pillion rider and your vehicle, from theft, road accidents, natural calamities, and man-made disasters and also includes the mandatory third-party liability.

Why Choose Finserv MARKETS for Two Wheeler Insurance In Bangalore?

If you too are looking for a competent two-wheeler insurance in Bangalore, seeking assistance from Finserv MARKETS can prove to be a great option. As a leading BFSI company offering bike insurance in Bangalore, Finserv MARKETS houses two wheeler insurance policies for your two-wheeler with a comprehensive coverage at lucrative costs. It also offers a variety of other features that include:

• Quick online processing.

• Easy transfer of No-claim bonus (NCB).

• Additional covers and riders.

• Major discounts on premium.

• Long-term availability.

• Hassle-free claim settlement.

• No fresh documentation.

• 24 x 7 customer support.

While you are at it, you can check the bike insurance premiums for the plans available on Finserv MARKETS. Just use the bike insurance calculator to get a quote on your chosen insurance policy. That way, you will be able to select two wheeler insurance coverage that fulfils your needs and is quite affordable as well

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Check Out Bike Insurance Plans Available at Finserv MARKETS