A comprehensive two
wheeler insurance policy not only provides you financial protection but is also mandatory by law to have a copy of the policy to be present in person with you for inspection.
The third party facility in a two
wheeler insurance policy provides cover against legal liability which occurs in the event of an accident resulting in the permanent injury or death of a third party.
This is also important because you actually get an approval from the insurance company and this can influence the amount of the premium of your two
wheeler insurance policy also.
Liability coverage of two -
wheeler insurance policies cover third - party property damage Let's have a look at the bike insurance coverage of a comprehensive two wheeler insurance online policy.
The two -
wheeler insurance policy from National Insurance company is a comprehensive plan and takes into account all the possibilities that may damage your ride.
If fancy accessories are installed in your bike, you can get also the protection coverage for those items through investing in the two
wheeler insurance policy of United India Insurance.
To condense this article into one short takeaway: You shouldn't forget to renew your two - wheeler insurance, but if you do, you have break - in renewal of your two -
wheeler insurance policies now.
If you are selling off or giving away your Bike, it makes sense to transfer the ownership of
yourtwo wheeler Insurance policy as well.This is possible with Bajaj Allianz's Insurance Policy.
With a view to handle the issue of large number of non-renewal of motor insurance policies, the Central government has decided to collaborate with regulator IRDA and the insurance companies to implement a two -
wheeler insurance policy where a bike owner would have to pay premiums for three to five years at once.
A comprehensive two
wheeler insurance policy mainly provides protection against any financial liability that is likely to be incurred on the policyholder in an event of theft, third party damages or death caused by your vehicle.