Product Search


All You Need To Know About The Motor Bike Insurance Policy


Unlike the western countries where two-wheelers are used for sports and "style statement", most Indians use two-wheelers as a means for day-to-day commuting. But they often ignore buying motorbike insurance policy for their two-wheelers as they believe their vehicle is not as expensive as a four-wheeler. But this doesn't mean that you need to ignore insurance for it. Motor insurance guarantees that your two-wheeler remains equally safe and protected. An increasing number of road accidents in current scenario make it even more imperative to get two-wheeler insurance at the earliest.


Types of Motor Bike Insurance Policy


Typically there are three types of motorbike insurance policies available in India:


1. The third party only motorbikes insurance: It is the basic type of cover and the minimum required by the law. This will only cover the liability for damage or injury to a third party and damage to property in an event of an accident caused by your two wheeler vehicle. This does not cover you for damage to your own bike and you will not be insured against it being stolen and so you must buy another insurance too to safeguard your expensive bike especially in the case of theft.


2. Third party fire and theft: It is the next level of cover that protects you from claims made against you in the case of an accident. It also offers cover if your motorbike is damaged under fire or being stolen. Any damage caused to your bike during the theft or attempted theft is also covered under this policy. However, third party fire and theft doesn't include cover for damage to your motorbike, or for personal injury.


3. Comprehensive Cover: A comprehensive cover allows you to claim for any damage to your motorbike (except for anything that comes under your policy exclusions), and can also offer insurance for accidental damage to your motorbike, medical expenses, etc., You may also be entitled to a temporary replacement motorbike if it needs to be fixed after an accident, but double check your policy documents to see if this benefit is included.


Motor Bike Insurance Exclusions


Just like other policies, motorbike insurance policies have exclusions too which streamline what type of activities your insurance will not give cover for. These exclusions vary from one company to another, but a common example is that you will not be covered by your insurance if you race your motorbike. If you are caught battling in race competition without the proper insurance cover, you'll be fined and your insurance premium will increase substantially. Before purchasing an insurance policy, you should always verify the terms and conditions for any exclusion that is to be applied to the policy.


Factors affecting insurance premiums


As a rule of thumb, with insurance policy benefits comes the liability to pay premiums too which are mostly affected by your riding history, address, motorbike insurance type, security, modifications, etc. Hence, it is advised to drive safe and abide by all the traffic rules to cut down on premiums significantly.



Featured Products






Articles


Jusuru Review Just Another Magic Juice Mlm Company
Casio Watches History
Delicious Options At The Press Of A Button
Duroflow Blowers The Design Features And The Blower Packages
Fire Escape A Must Have Element In Any Building
Memorable And Heart Touching Personalized Gifts
Deep Cleaning Services For Your Kitchen
Points To Consider Before Purchasing Box Trucks
Issues Every Woman Should Consider About Women € ™s Sports Medicine
Build A Fort In Your Room
Add An Authentic Beauty To Your Home Indian Handicrafts
Get Cooking Tips And Recipes For Fast Weeknight Meals
Which Version Of Awnings To Buy From Motorised Awnings Suppliers
Folding Tables Good Reasons To Go And Buy Ones Own
Tips To Follow While Buying Sports Equipment Online
Feeding A Dog 5 Recommendations To Extend Your Dog S Lifespan
Multiplayer Games On The Internet
So What S Actually Happening At The Molecular Level
Host Your Next Event With Tasty Smoky Bbq Catering Los Angeles
Watch Soccer Highlights Videos
A Guide To Canadian Stamps
Type Of Tamper Proof Courier Bags You Can Get In India
Why Should You Take Care Of Your Car During Winters
Official Launch Of Leed For Neighborhood Development Rating System
Rocket Piano Review Playing The Piano Is Usually Fun
How To Find The Best Air Conditioning Installation Repair Pickering
The Electric Shavers For Electrifying Looks
Covanta Energy Facilities Recycle Used Rechargeable Batteries And Cell Phones In Honor Of Earth Day
Radio Controlled Clocks From Serendipity Gifts
Features Of And The Purposes Served By The Luggage Tags
A Solid Internet Home Business Called Visalus Sciences
Just Look Into Certain Vital Facts About Industrial Automotive Belts
Sports Psychology What It Is All About
Sunglasses To Protect Your Eyes And To Spice Up Your Look
Tips For Buying Best Indian Clothing
This Version Also Adds Keyboard Shortcuts
Australian Outdoor Living Made Cozier
What Are The Opportunities For Advancement
Norwegian Cruise Vacation Lines Wants To Get Open
Basic Office Furniture In San Francisco Make Your Space Functional And Worthy
How To Choose Canopy Tents
Swimwear That Fits Nicely
Binocular For Birdwatching
Grasp Mentalism Magic Tricks Exposed
Baby Pillows Accessories Your Child Will Appreciate
Finding The Best Exercise Bikes For Sale
Searching For The Finest Fishing Tackle
Van Camping
Setting Up Your Backyard For The Summer
Small Business Entrepreneurs Can Get Suitable Desks Now In Big Units