Two-wheelers are one of the most preferred modes of transport in India. According to the report, about six two-wheelers are purchased after every single car in the country. However, there is no doubt that there are about five lakh road accidents in India every year, most of which involve two-wheelers. At the same time, the epidemic has forced people to ride on their vehicle, where earlier some people used to resort to public transport, now they also prefer to walk with their private vehicle. Today we are going to tell you some such tips, in which you can buy good insurance for your two-wheeler. Due to which you will have a backup not only in the accident but also in case of theft of the vehicle.
Choose Comprehensive Insurance Instead of Third Party Cover: Two-wheeler insurance policy is usually offered in two types, third-party cover, and comprehensive cover. Although it is compulsory to provide only third-party insurance cover as per the Motor Vehicle Rules, we advise you to choose Comprehensive Insurance. Because it provides coverage for both third-party and vehicle owner policyholders. In this, you will not suffer financial loss in case of accidents, theft, and all the benefits of a two-wheeler.
Do not depend on one-year insurance: Whenever you buy insurance, do not choose it for one year and choose it for 3 or 5 years. By doing this you can be free from the hassle of insurance for a few years. By opting for long-term insurance, you can avoid premiums increasing every year. Apart from this, the no-claim bonus can be availed during the entire tenure of the policy in a multi-year bike insurance policy, even if you have claimed during that period.
Add on Rider Benefits: When you choose a comprehensive two-wheeler insurance policy, the company makes you aware of the many benefits in it. Those can be chosen by the policyholder based on his / her requirements. These benefits include zero depreciation cover, engine, and gearbox protection cover, key and lock replacement cover, helmet cover, 24 × 7 side assistance add-on, etc.