Two wheeler insurance/Bike Insurance refers to an insurance policy, taken to cover against any damages that may occur to your motorcycle / two wheeler due to an accident, theft, or natural disaster. 2 wheeler insurance provides protection against third party liabilities arising from injuries to one or more individuals. Bike insurance is an ideal solution to meet financial costs & losses that may arise due to the damages caused to the motorcycle. The bike insurance cover provides protection to all types of two wheelers like motorcycle, moped, scooty, scooter.

What is Bike Insurance?

Bike insurance policy is a contract between the insurer & the bike owner in which the insurance company provides financial coverage to your bike against any loss or damages due to an accident. As per the Motor Vehicle Act 1988, third party bike insurance is mandatory in India. Bike insurance covers you from any accidental injuries caused while driving a two wheeler / motorbike on Indian roads. Buy or renew two wheeler insurance online upto 3 years within 30 seconds to avoid paying a fine of Rs. 2,000.

7 Reasons to Buy Two Wheeler Insurance Online

Below are the mentioned important facts which you can consider before buying two wheeler insurance online from Policybazaar.com and avail certain additional benefits:

• Quick Two Wheeler Policy Issuance: You can buy two wheeler insurance at Policybazaar quickly as it issues online policy within a seconds
• Pay No Extra Charges: You will not be required to pay any extra charges
• No Previous Two Wheeler Policy Details Needed: You don't have to provide details of your previous bike insurance policy in case it has been expired for more than 90 days
• No Inspection or Documentation: You can get your policy renewed without any inspection and documentation
• Easy Renewal of Expired Policy: You can easily renew your expired policy on the website
• Quick Claim Settlement: Policybazaar team helps you while filing a claim for your vehicle
• Online Support: Our team is always with you whenever you need. You do not need to worry about anything if you’ll stuck anywhere anytime

Benefits of Two Wheeler Insurance

Anything can happen while riding a two wheeler / motorcycle, scooter, or moped. The lack of good roads, the morning and evening rush hours and unregulated traffic problems are a part of life today. Moreover, instances of rainfall or heat waves may cause many problems on the road, such as slippery surfaces, mushy or muddy areas, or sticky tar. These situations may cause damages to the two wheeler vehicle and even injure the riders. To stay protected from all such incidents, it is important to have a valid two wheeler insurance. The motor protection laws in India protect millions of bike owners from expenses that may arise due to third-party damages by making third party bike insurance cover mandatory.

Let’s take a detailed look at the various benefits of buying two wheeler insurance:

• Financial Protection: Two wheeler insurance provides financial cover that helps save a lot of money in case of an accident, theft or third-party liabilities. Even small damage can cost thousands of rupees. This bike insurance policy helps you get the damages repaired without creating a hole in your pocket.
• Accidental Injuries: Not only does the policy cover damages sustained by of your vehicle in an accident but also covers any accidental injuries that you may have suffered.
• All Types of Two Wheelers: It protects against the damages caused to the scooter, motorcycle, or moped. Even the vehicles have been improvised and are available with features like better mileage, power, and style.
• Cost of Spare Parts: The rising demand for motorcycles in India has led to the rise in its cost along with the increased cost of their spare parts. This two wheeler policy covers the cost of spare parts, including simple nuts and bolts or parts such as the gears or the brake pads, which have become costlier than before.
• Roadside Assistance: At the time of policy purchase, you can opt for roadside assistance that will come to your aid in case you need assistance on the road. This includes services such as towing, minor repairs, flat tyre, etc.
• Peace of Mind: Any damage to your vehicle can lead to huge repair charges. If you have two wheeler insurance, your insurer will take care of the unwanted expenses, giving you peace of mind so that you can ride without any cause for worry.

Types of Insurance Plans

Car Insurance

Car Insurance is a type of vehicle insurance policy that protects your car & car owner from any risks & damages that may lead to financial losses.

Travel Insurance

Travel insurance provides comprehensive coverage against things that are likely to spoil your trip. It covers your medical expenses and other risks so that you can enjoy your trip hassle-free.

Life Insurance

Life Insurance is a financial product, wherein the policy holder and the life insurance company comes to an agreement.

Business Insurance

Business insurance coverage protects businesses from losses due to events that may occur during the normal course of business.