Get an affordable Two-wheeler Insurance plan in easy steps

Possessing valid two-wheeler insurance has become compulsory as per the current mandate of the Motor Vehicles Department. In case you fail to produce it during need, you are liable to punishment under the eyes of the law. Getting an affordable bike insurance policy has become very easy these days with the popularity of the digital platform. You can settle all the related queries and buy/renew bike plans in just a few clicks on your laptop/smartphone. The insurance brokers online availability settles lots of queries.

Need for two-wheeler insurance

  1. To safeguard against financial loss during unprecedented accidents
  2. To avoid heavy and strict traffic fines and penalties
  3. Failing to maintain might even lead to imprisonment
  4. The absence of the policy might give rise to several legal consequences for irresponsible and unsafe riding

Features

  1. Guards against financial loss against damage incurred by the concerned vehicle
  2. Covers the necessary financial obligation of the third-party during accidents by the concerned two-wheeler
  3. The plan also provides personal accidental coverage
  4. There are add-on benefits like No Claim Bonus, Zero Depreciation cost, engine cover, protection cover, return to invoice, etc.

Benefits

  1. Maintaining a valid two wheeler insurance policy offers you mental peace by reducing considerable legal risks and obligations
  2. It is ideal and necessary for all types of vehicles
  3. A two wheeler insurance policy even coves the replacement costs
  4. Offers financial security and guards against several heavy penalties
  5. Offers personal injury coverage due to an accident by your vehicle
  6. Offers roadside assistance including motor repairs, tyre change, towing charges, etc.

For buying two wheeler insurance, you can choose the traditional method of buying it through an agent or agency. But, nowadays, the online medium is the safest, reliable and most effective means to get it done. With just a few clicks on your smartphone/laptop, you can buy or renew the policy at your convenience.

Steps to get two wheeler insurance policy

Since online mode has become the most convenient mode to secure your bike, we will discuss the steps you need to follow:

  1. Doing careful and thorough research is the most vital key to winning the game. You should compare several cost-effective plans and policies to choose what works best for you
  2. Once you select a plan, you must run a background check on the insurance company. You can get a picture of its general performance, claim settlement ratio, etc.
  3. Once these points are covered, you must ensure what sort of insurance you wish to buy—third party or comprehensive plan
  4. Then you should set an IDV using the slider to assess the correct amount
  5. Select the necessary add-ons of your choice
  6. Once everything is settled, proceed for payment which is the final step
  7. The insurance brokers online can also help you in this matter

Buying bike insurance is not just a boring mandatory task, but a brilliant way to guard your financial security. With just a few clicks from the comfort of your home, you can secure your vehicle within minutes. Once it’s complete, you will be safeguarded accordingly in case of any unfortunate occurrences related to your vehicle. The insurance brokers online also play a significant role.

Author Bio

Paybima Team

Paybima is an Indian insurance aggregator on a mission to make insurance simple for people. Paybima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. Paybima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.

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