Bike Insurance

Every day, several bikes are stolen in India. In Delhi alone, around 32,984 two wheelers were stolen in 2017. The stats for 2018 aren’t available yet, but there has been a year-on-year increase in bike thefts, leading us to believe that the numbers will be just as shocking! Let’s just hope these motorists had valid two wheeler insurance plan when their bikes were stolen and get compensated for their losses. Now, if you’re thinking about buying a new two-wheeler and if you’re worried about theft, you should know that 3 bikes are stolen more than others. So not buying these bikes will greatly reduce the chances of your bike being stolen. These thieve favorites are stated below: 1. The Bajaj Pulsar. This bike is a hit amongst the youth. The Pulsar looks great, delivers good performance and is also well priced. Monthly sales for this bike are in the 90,000 units range. However, the Pulsar’s popularity is its biggest weakness – thieves know that finding a stolen Pulsar is lik...

It’s extremely important to read the terms and conditions of your two wheeler insurance policy. Failing to go through the fine print could result in unwanted surprises during the claim process. However, policy underwriting does not make for light reading – there are tons of complicated terms and complex language! Therefore, if you are short on time and do not have the patience to go through entire policy wording, you must at least you understand these 5 points. The exclusions: One of the most important things you should go through in your policy document is the section on exclusions. Many people are not aware what their plan does not cover, and find out the hard way when they make a claim for something that isn’t covered under the policy. You can avoid this disappointment but skimming the exclusions if your motorbike insurance , it will only take a few minutes of your time. Personal details: Many people do not even check their basic details when get their policy d...

Let’s face it, very few of us actually go through the wordings of our bike insurance plan. We just sign, accept the terms and conditions and proceed with things. Fortunately, in most cases, failing to go through the policy document doesn’t come back to haunt the insured. However, there are more and more cases doing the rounds where people have faced major disappointment or had their claims rejected because they did not go through their policy document thoroughly. To keep this from happening to you, we will go over some of the important parts of your policy document you should read before you buy motorbike insurance . Hopefully, it will save you from any unexpected and unpleasant surprises in the future. 1. The exclusions. This is probably the first part of the policy document you should go through. It will detail all the various events that your motorbike insurance policy does not cover. For instance, most policies will not cover loss or damages caused due to wear an...