Two-Wheeler Insurance in Indore

Indore, often called the commercial capital of Madhya Pradesh, is a fast-growing industrial city, which still manages to retain its ancient historical charm. It is also one of Madhya Pradesh’s popular tourist destinations because of its climate, natural beauty, food, and culture. Indore is very well connected by air, rail, and road. The two national highways, Bombay-Agra Road and Indore-Ahmedabad Road go through the city, which makes it easier for people to travel within or around the city. As the city has become highly commercialised over the past decade, the amount of vehicles has increased very rapidly. If you wish to drive a two-wheeler here, you will need valid bike insurance in Indore to keep yourself against accidental damages. In this article, we’ll take a look at the various options for bike insurance in Indore and the advantages of getting a comprehensive insurance plan.

Benefits of Comprehensive Bike Insurance in Indore

While comprehensive bike insurance in Indore will typically cost more than third-party insurance, you also get numerous benefits with it, which include:

• Coverage for Your Two-Wheeler

Third-party bike insurance only covers the other parties involved in an accident but does not provide any coverage to the policyholder. On the other hand, comprehensive bike insurance provides coverage to you and your two-wheeler for any damages or injuries caused in an accident. As the cost of vehicle parts and repairs has gone up over the past years, it is always better to be prepared with a comprehensive plan.

• Helps Abide by the Law

As per the new Motor Vehicles Act, 2019, it is compulsory for all vehicle owners to have at least third-party insurance for their vehicles in order to drive on Indian roads. If you are caught by the traffic police while driving a vehicle without insurance, you may be fined up to ₹4,000. In some cases, you may even be imprisoned for a period of 3 months. To avoid legal trouble, make sure you always drive with insurance.

• Included Third-Party Insurance

When you buy a comprehensive insurance plan, you automatically get third-party cover included in your policy. So, you can get the benefit of third-party cover and own damage in a single insurance plan.

• Add-on Covers

Sometimes you may feel that coverage offered & benefits of the comprehensive bike insurance in Indore may be inadequate or you may look for enhanced coverage for some specific circumstances. In these situations, you can choose to buy add-on covers that come with comprehensive bike insurance and offer added protection such as roadside assistance, bike theft cover, etc.

Read More: Bike Insurance Cover - Inclusions & Exclusions

• No Claim Bonus

If you have been using your bike insurance in Indore for a full policy term, you may be eligible for the No Claim Bonus (NCB), which allows you to get lower insurance premiums at the time of renewing your bike policy. You can also transfer your NCB to a different insurer if you are planning to switch insurance providers.

Some of the Best Bike Insurance Plans in Indore

If you are confused about which bike insurance in Indore to get for your two-wheeler, take a look at the two-wheeler insurance plans available at Bajaj MARKETS with their features in the table below:

*The aforementioned third-party premium rates are indicative. The actual insurance amount that you may have to pay may change depending on various factors. Please check the prevailing premium rates before purchasing your bike insurance policy.

Network Garages in Indore

When you buy comprehensive bike insurance in Indore, you can also take advantage of the network garages in the city that are linked with your insurance provider. You can take your damaged bike directly to a network garage and get it repaired without paying anything. The network garage will directly settle the repair costs with your insurance provider. However, if the bill exceeds the total coverage your bike plan offers, you will have to pay the remaining amount out of your own pocket.

You can check out the nearest network garage for bike insurance plans made available from our partners insurers:

Bajaj Allianz General Insurance - https://apps.bajajallianz.com/gmlocator/locate-garages.php

HDFC ERGO General Insurance - https://www.hdfcergo.com/locators/cashless-garages-network

To Conclude

With a good bike insurance policy, you can ride your two-wheeler without worrying about dents or damages. The insurance policy takes care of all the expenses for the repairing and maintenance of your bike in case of accidents. Bajaj MARKETS brings you two-wheeler insurance policies for your bike with comprehensive coverage at lucrative costs that you can choose from. We also offer add-on covers such as bike roadside assistance cover to ensure you travel worry-free. While you are at it, you can get an estimate using the bike insurance premium calculator for the plans available on Bajaj MARKETS. 

Check Out Bike Insurance Plans Available at Finserv MARKETS