People who live in metropolitan cities in India are aware that one has to travel for at least 30 to 40 minutes in a vehicle in order to reach their destination, be it commercial or social. There are of course those who live very close to their offices or don’t have to travel much to reach popular hangout spots in their city, but majority of them would agree that travel has become an important part of everyday life. With the increase in pollution and awareness about the rapidly decreasing fuel resources, a larger number of people prefer to use their two wheelers or bikes rather than their four wheelers. Petrol price hikes and snarling traffic are other reasons why bikes are becoming so popular, and so are bike insurance policies.
Most people are familiar with car insurance policies; in fact the percentage of car owners who keep their vehicle adequately insured at all times is more than the percentage of bike owners who have the same diligence towards their vehicle. Just as important it is to keep a car insured, it is also important for a bike to be insured.
There are many types of bikes – geared or without gears, the number of gears, imported and indigenous bikes, bikes with different ccs, regular bikes, super and racer bikes, etc. There are many options available to suit each and every type of bike.
Here are some of the benefits of having bike insurance:
- Coverage of bike repair and maintenance cost at selected workshops all around the country on a cashless basis.
- Claims can be made when the bike is damaged or stolen, almost instantly.
- Damage caused due to natural calamities such as earthquakes, and floods are covered under the policy. Damage caused by while trying to steal the bike is also covered under the policy.
- If any third party’s vehicle or person is damaged due to your bike, then they too can be covered to a certain extent.
Those who have bike insurance policies that have never been used or which have recently expired and who have to renew their policy now have the option of doing so online, without getting the bike re-inspected and for no extra charges. The online facilities offered by leading bike insurers in India and excellent and almost instantaneous.