5 Important Points to Compare Two-Wheeler Insurance Online in India

5 Points One Should Check While Comparing Bike Insurance Online in India

1. Premium vs coverage on Bike Insurance

As you compare 2 wheeler insurance policy, it is quite easy to get carried away with lower premiums. However, the focus should be on getting adequate coverage at an affordable price and not outright the cheapest policy on offer. A quick look at the offering of a policy for the premium that they are charging will help you secure the best bike insurance. It is recommended to go for a comprehensive policy, as it offers peace of mind for most day to day scenarios.

2. Riders or Add-ons in Two-wheeler Insurance

Another important point to consider when you compare two wheeler insurance is the riders on offer. A rider or add-on ensures additional coverage for your bike insurance policy at a small premium. Depending on your needs, you can browse through the different riders that insurers are offering and the premiums for the same. Insurers usually charge a different amount for the same rider, thereby letting you save money on the comparison.

3. Various Discounts in The Two-wheeler/Bike Insurance Policy

The next point to consider when you compare two wheeler insurance is the discount on offer. It is always a good idea to compare the discount rates on offer. This way you will be able to secure a policy that offers a higher discount rate, effectively saving you a lot of money. If you are looking for the most affordable plan out there, look for a policy with the highest discount rate.

4. Service on Offer

As you compare 2 wheeler insurance policy, you also get to know the kind of services that insurance companies offer. There is very little doubt that the insurance buying and renewing process has improved vastly over the years. However, there is still a lot of difference when it comes to insurers as far as services are concerned. Look for an insurer whose claim process is hassle-free, quick, and has a good claim settlement ratio.

5. Network Garages of the Bike/Two-wheeler Insurer 

Another important point to keep in mind when you compare 2 wheeler insurance policy is the network garages. An insurer that has a wide range of network garages will help you get your bike fixed without any hassles. A big perk of visiting a network garage is that you can opt for cashless claims. As you compare insurance plans, do not forget to look at their network garages.

You can compare insurance plans to either buy a new bike insurance policy or renew an existing one. The above points remain the same in both scenarios and will help you secure the best policy.