What Does Network Garage Imply in Bike Insurance

If a bike insurance policyholder wants to raise cashless claims on his/her bike, the insured person has to get the bike repaired in a network garage. So, network garages are the service centers that allow cashless bike insurance. If your insured bike gets damaged due to an accident or any other mishap, you can simply send the bike to a network garage and get the repair work done. In this case, the insurance provider of your bike insurance makes the payment to the garage directly.

So, in short, a network garage gives you the possibility to get the repair of your insured car or bike done without making payment from your pocket, except for deductibles and depreciation costs.  However, you have to make sure that the garage you pick for repairs is in the list of network garages of your insurer.

In this post we will discuss the various aspects of network garages that you should know and which will make your cashless bike repair experience smooth.

Why Do We Need Cashless Network Garages?

With the rising number of accidents on the roads, more and more people are seeking cashless network garages. This is because with cashless garages,  the policyholder isn’t required to make any payment for their bike repairs. The entire payment of the damages is done by the insurance company.

Thus, when you meet with an accident on the road, you look forward to your bike insurance cover to repair your bike. With a cashless garage, you can easily get the bike fixed at a two-wheeler workshop that is under the network of your insurer.

Hence, having proper coverage on your vehicle and getting bike insurance renewal on time is very important so that you can claim for cashless insurance in case of a mishap.

How does the two-wheeler Network Garage policy work?

Your insurance company makes arrangements with different garages across the country and enlist them under their network to offer you cashless service under your bike insurance policy. These garages or workshops repair the damages done to your two-wheeler as per the company policies and terms. The network garages do the repair work of different bikes and send the bill to the insurer in a single copy. The insurance provider pays for the billed amount to the network garage once the information offered by them is validated.  This way, the insured person doesn’t have to make any payments to the garage on their own.

This makes the repair and claim process very simple and quick for the insured.  However, the insured bike owner has to notify the insurance company before sending the bike for repairs at a network garage after an accident or any other damage.

What is the procedure to redeem Cashless Bike Insurance?

Here are the steps to follow for raising a cashless claim:

• • • Note the vehicle number or the license plate number of the other vehicle involved in the accident
    • Note down the names of witnesses who were present at the time of the accident
    • Report about the accident as soon as possible to the insurer after the incident took place
    • Visit the nearest police station and report about the accident in an FIR and keep a copy of the FIR with you
    • Later, submit the required papers as asked by your insurer
    • The company will get the documents verified. Once the process of verification is complete, the insurer will make an estimation of the costs required for repairs
    • In case of cashless claim, the insurer will pay the repair expenses to the garage directly

However, you can also get the bike repairs done on your own and raise a reimbursement bike insurance claim from your insurer.

How is Cashless Claims more beneficial than the Reimbursement Claims?

Cashless claim is said to be efficient as compared to reimbursement claim because of the following reasons:

Peace of mind –  An accident impacts the mental peace of a person. It also brings upon medical costs in many cases. So, an extra burden of paying for the bike repairs becomes too much for the insured person. In such a case, the cashless claims allow him/her the benefit of getting the repairs done without having to pay for them from his/her pocket.

Hassle-free – The cashless garage insurance claim also makes it easy for the insured because most insurers have arrangements with a considerable number of garages. The insured can send the bike to the garage and the insurer directly pays them for the damage repairs

Further, if you send your bike to a network workshop, the insurer makes sure that your bike gets priority repair service.

However, in case of reimbursement claims the insured has to make the payment for the repair done. Later the person can seek reimbursement of the payment from the insurer.