Tips & Tricks to Select The Right Two Wheeler Insurance Policy

Tired of travelling by bus and auto you finally bought your own bike, after doing a lot of research. Now it’s time for you to ride it on the roads. But there is one important thing you need to do before you can ride the bike. You need to buy a two wheeler insurance. A two wheeler insurance will help you safeguard your bike from any mishaps. Also, as per the Motor Vehicle Act, it is mandatory to have a two wheeler insurance. It is a punishable offence if you don’t have an insurance of your two wheeler while riding it on road. You need to pay Rs 2000 or/ and imprisonment of 3 months if you don’t have an insurance. Let us discuss what can be the benefits of having a two wheeler insurance:   Pankaj Joshi got his new bike and he took it for a ride. His friend Amit was also with him. After some time Amit wanted to ride the bike. Everything was going smoothly. Suddenly one bike collided with them from the wrong side. Though Pankaj and Amit were unhurt, the bike’s headlight was broken. Thankfully Pankaj had his insurance in place and he got his claims on time.   Riding a two wheeler make it easier to breeze through traffic, but two-wheelers are also prone to high risk of accidental injuries and fatalities. You think of a lot of things before buying your bike. Its design, mileage, CC, colour, engine and so on. So before buying a two wheeler insurance policy, you need to keep in mind a lot of things. Few are listed below. Read on!   Reliability: It is very important to check the reliability of the two wheeler insurance. From a customers’ perspective you should check the reputation of the insurance company in the market. Speak to people who have an insurance or log on to the internet to find the latest reviews about the company. Get an idea about their claim settlement process and how easy or difficult is it to renew your policy.   Look for complaints: Do ensure to check the complaint ratio of the insurance company. This will give you an idea about the policy of the insurer. This will also give you an overview about the service of the company. This will allow you to make a fair choice.   Check the policies: Take a good look at the policies and the coverage offered by the insurer. You should compare bike insurance policies basis their features, benefits and exclusions. Compare it with other insurance companies and make the right choice.   Premium: While you are comparing the benefits and features of the insurance policy, don’t forget to look at the premium rates of the insurer. Though some companies offer similar benefits, inclusions and exclusions, their premiums might differ. Do check that. Simply calculate your quotes with a two wheeler insurance premium calculator .   Discounts: Generally most motor bike insurance policies offer discounts and bonuses on their policies. Find out if you are eligible for any such discounts. Your query might end up in the best insurance policy at the cheapest rate.   Add on covers: Look for add on covers that you can get for added security such as 24x7 spot assistance, zero depreciation cover and personal accidental cover for pillion rider. You can add these by paying a little more on your premium.   If you are looking for a two wheeler insurance policy, you can look at Bajaj Allianz Two Wheeler Insurance Policy. We offer one of the most comprehensive policies in India with easy online purchase, quick claim settlement policy, 24x7 assistance, hassle free renewal and so on.   Now that you have bought your dream machine, don’t forget to insure it with the best insurance policy!