Two Wheeler Insurance in Kochi

Two Wheeler Insurance in Kochi

Connectivity

Cochin has great highways that connect it to the neighboring cities and states. It is also well- connected to the National Highway. However, the constantly growing population of Cochin has become an issue in terms of traffic, and congestions have become a common problem. The city is also well-connected via railways and air.

Popular two-wheelers in Cochin

As the city has major roads and good connectivity, the population prefers to use their own vehicles as a mode of transport in Cochin. People can be seen riding bikes all around the city. Some popular bike models found in Cochin are Royal Enfield, Bajaj Pulsar, Yamaha YZF, Hero Honda, TVS and more. On our platform you can easily avail a policy for instance TVS insurance for your TVS bike.

Major roads in Cochin

These are the major roads in Cochin:

• Banerji Road

• Chittoor Road

• Kaloor-Kadavanthra Road

• Kochi Bypass

• Mahatma Gandhi Road

• National Highway 966B

• Park Avenue

• S.A. Road

• Seaport-Airport Road

• Shanmugham Road

Rate of accidents in Cochin

In 2016, the National Transportation Planning and Research Centre (NATPAC) had released a data that showed that Cochin tops in the state when it comes to two-wheeler accidents. In the first six months of the year, there were 2,935 accidents recorded in Cochin that involved two-wheelers. The situation has not improved much in the last few years, despite the best efforts from the state transport corporation. Hence, if you are currently residing in Cochin, you must be very careful while driving and consider buying a bike insurance policy that can protect you financially.

Benefits of having two-wheeler insurance in Kochi

If you own a two wheeler, it is mandatory to have a two-wheeler insurance in India. However, that is not the only reason you must get the insurance policy. It comes with some great benefits:

• The insurance policy provides you with financial cover if your bike is damaged due to any natural calamity or if the vehicle is stolen

• The insurer takes care of the expenses regarding third-party liability if your bike causes damages to any third-party property

• The bike insurance in Cochin covers the outstanding bills if the bike is required to be repaired

• The two-wheeler policy also covers the cost of fixing dent or painting required after any accident

• The policy offers monetary aid in case of complete or partial loss of the two-wheeler

• The two-wheeler insurance in Cochin covers any injury to any third-party individual caused by an accident with your insured two-wheeler

• The insurance policy offers cashless claim settlement if your two-wheeler is repaired in any of the network garages of your insurer

Why choose Finserv MARKETS for bike insurance in Kochi

At Finserv MARKETS, you can opt for a bike insurance policy that comes with great benefits such as:

• Trust

We have gained the trust of more than 100 million customers when it comes to insurance.

• Cashless servicing

Bike servicing is completely free in our huge network of partner garages. In case the garage is not under the network, we offer 75% reimbursement on account payment.

• Direct dealing

With us, you can buy the policy and process claim directly through our website without involving any agent.

• Easy renewal

You can renew your policy through our website in minutes in a hassle-free manner. Know more about how to renew bike insurance online.

List of garages with contact details

Here is a list of our network garages:

FAQs related to Bike Insurance in Kochi

Q: What are some of the risks that the third-party bike insurance policies cover?

A: The Bajaj Allianz bike insurance covers damages caused to the third-party property and injury or death of the third-party.

Q: Is it beneficial to choose a long-term two-wheeler insurance plan?

A: The long-term two-wheeler insurance policy covers damages due to accidents, natural disasters, and other unforeseen incidents. With the long-term plan, you do not have to worry about renewals.

Q: My Bajaj Allianz two-wheeler insurance policy has expired. Can I have it renewed into a long-term insurance policy?

A: The bike insurance renewal process can be completed online. During the renewal, you can choose the duration as three years to convert it into a long-term plan.

Q: What are the consequences of an expired two-wheeler insurance policy?

A: If you do not renew your two-wheeler insurance policy in time, any expenses due to an accident will not be covered by the policy.

Q: What do you mean by IDV for bike insurance? How do you calculate IDV?

A: The term IDV stands for Insured’s Declared Value. It is the current market value of your bike and determines how much sum assured you would receive in case of theft or total loss of the insured vehicle. To calculate the IDV, the insurer subtracts the depreciation from the bike’s current selling price that is declared by the manufacturer.

Getting a bike insurance plan for your vehicle will only benefit you immensely. You can buy bike insurance online directly from the Finserv MARKETS’ website to make the process simpler and time-saving.