Two Wheeler Insurance in Shimla

The beautiful city of Shimla was once the summer capital of the British Empire. Today, it is the capital of Himachal Pradesh. It is situated at an altitude of approximately 6,500 ft above sea level. It is one of the most popular hill stations in India and attracts a huge number of tourists. This has resulted in traffic congestion and multiple road accidents in the city. On an average, Himachal Pradesh witnesses 3,000 road accidents every year, killing over 1,000 people and leaving another 5,000 injured. Over 80% of the road accidents involve heavy vehicles colliding with cars and two-wheelers due to speeding and negligence of the drivers.

Thus, to tackle such a situation, there is a dire need for two-wheeler insurance in Shimla. Moreover, if you are a bike owner, the Motor Vehicles Act, 1988 makes it compulsory for you to secure your vehicle with bike insurance. In this article, we’ll take a look at the different options for bike insurance in Shimla, its benefits, bike insurance cost in Shimla, and much more.

Benefits of Two-Wheeler Insurance in Shimla

Whether you are an expert rider or not, risks are always involved, and unforeseen events are beyond our control. Also, the road accident statistics in Shimla are not entirely pleasing. Any loss or damage caused to your vehicle during your travel to Shimla can take a financial toll on you. Hence, it is essential to buy bike insurance in Shimla beforehand.

Read on to know more about the benefits of a comprehensive two-wheeler insurance in Shimla:

  • Financial Security

Getting bike insurance in Shimla will ensure that you have adequate financial protection in case of any damages caused to your bike due to an unfortunate event like an accident, theft, natural and man-made disasters, etc.

  • Cashless Claim Facility

A comprehensive bike insurance plan gives you the cashless claim facility where you can get your bike repaired at any network garage. The insurer will take care of the repair expenses directly with the network garage.

  • Third-Party Liability Coverage

A bike insurance covers you for third-party liabilities that may be caused due to your insured two-wheeler. These include property damages, injuries, or death.

Some of the Bike Insurance Plans on Bajaj MARKETS

Here are some of the features of the two-wheeler insurance plans available at Bajaj MARKETS:

Key Feature

Bajaj Allianz Two-Wheeler Insurance

ACKO Bike Insurance

HDFC ERGO Two-Wheeler Insurance

No. of Network Garages

4,000+

NA

8,000+

Cashless Claim

Claim Settlement Ratio

98%

98%

99.5%

Type of Insurance Coverage

Provide third party bike insurance as well as comprehensive two-wheeler insurance

Add-On Covers

Premium Amount

Starting at Rs. 538. - + GST (effective 1st April 2022)

Starting at Rs. 538. - + GST (effective 1st April 2022)

Starting at Rs. 538. - + GST (effective 1st April 2022)

Network Garages in Shimla

With comprehensive bike insurance in Shimla, you can get your bike repaired at any network garage that is associated with your insurance provider. In this case, you will not have to bear the expenses for the repairs. All you will have to do is file a cashless claim against your two-wheeler insurance, your insurance provider will then settle the bill directly with the network garage.

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

Conclusion

If you are a two-wheeler owner in Shimla, do not forget to secure your precious vehicle with adequate bike insurance. Your two-wheeler insurance will provide you with financial protection during unfortunate circumstances like accidents, landslides, etc. So, if you are looking to buy two-wheeler insurance in Shimla, use the online bike insurance calculator to compare different insurance plans and then choose one that is best suited for your needs.

Check Out Bike Insurance Plans Available at Finserv MARKETS

FAQs on Bike Insurance in Shimla

  • ✔️Is buying bike insurance mandatory in Shimla?

     Yes. Under the Motor Vehicle Act of 1988, it is mandatory to purchase third-party bike insurance if you own a two-wheeler. At Bajaj MARKETS, you can buy a third-party as well as comprehensive bike insurance in Shimla at quite affordable premiums.

  • ✔️Can I get a bike insurance policy in Shimla without inspection?

     If you choose to buy bike insurance online at Bajaj MARKETS, you can get it without having to inspect your bike. Also, we at Bajaj MARKETS offer bike insurance renewals without inspections.

  • ✔️How to register for a claim on my two-wheeler insurance?

     Register your claim online at Bajaj MARKETS. The online claim process is quicker, and your application is processed with minimal documentation.

  • ✔️What is the bike insurance price in Shimla?

     You can use the bike insurance premium calculator to get the bike insurance cost in Shimla.

  • ✔️If I buy a two-wheeler insurance in Shimla online, when will I get it?


    Most insurance providers will send a soft copy of your two-wheeler insurance policy on the registered email ID once you complete the online premium payment.

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