Bike insurance is an important component of vehicle ownership and will protect your two-wheeler against uncertainties. Whether you are planning to get your bike insured for the first time or are looking forward to renewal of the existing policy, you ought to understand the fine details related to the insurance of the bikes. Through this guide, we will walk you through everything you need to know about bike insurance, including how to buy it online, renewal benefits, and so much more.
Bike insurance, otherwise referred to as two-wheeler insurance, is a type of policy aimed at bringing financial protection to the owner from damages or losses caused to the bike. The insurance shall include coverage on accidents, theft, and natural misfortunes. With bike insurance, you’ll be protected from any sudden expenditures that might crop up in the scenario of an event involving your motorbike, besides making sure that you are acting according to the law.
1. Comprehensive Bike Insurance
Comprehensive bike insurance provides full coverage to your vehicle. In a comprehensive insurance policy, the insurer also provides own-damage protection along with third-party liability coverage. This policy includes coverage against damages resulting from an accident, theft, natural calamities, etc. Add-ons are commonly available with comprehensive insurance, including zero depreciation and roadside assistance, which allow better coverage.
2. Third-Party Bike Insurance
Third-party bike insurance is the minimum amount of insurance that a bike has to possess. It gives a certain amount in the form of compensation against damages made to third parties from an accident involving your bike. While this insurance does not provide coverage for any damages to your own bike or personal injuries, it safeguards you from legal obligations and fines.
1. Research and Compare
Look for an InsureMile two-wheeler policy. Start off by searching for the different policies and explore plans and premiums of the various coverage options in our comparison tools online that will aid you to make the perfect selection of your own policy.
2.Application Form
Once you have zeroed in on a policy, visit the InsureMile website and fill out the application form online. You will then need to mention your bike details, including make, model, and registration number, and your personal information.
3. Upload Required Documents
Scan and upload your driving license, bike registration certificate, and any of the previous documents related to insurance. Uploading and managing documents is really simple with the InsureMile website.
4. Pay the Premium
Follow through to our secure online payment gateway for payment processing. A bit of support from InsureMile includes various payment options, such as credit/debit cards and net banking, making it smoother.
5. Get Your Policy Document
You will receive your two-wheeler insurance policy document via email upon successful payment. Download a copy and keep it with you for reference.
1. Review Your Existing Policy
Review the current policy from InsureMile before renewing to check on coverage, premium, and claims history. Also, check if there are any increments and addition of cover.
2. Renewal Reminders
InsureMile shares timely reminders well before your policy is about to expire. You simply cannot miss the deadline when you keep an eye out for these notifications.
3. Renew Online
You can renew your bike insurance in the most hassle-free manner with InsureMile. Just log on to our website, fill in the policy details, and follow the steps to renew it.
4. Modify Information
If anything related to your bike or your personal details has changed, rectify them at the time of renewal so that your policy remains up-to-date and pertinent.
5. Pay the Premium
Pay the renewal premium by availing of InsureMile’s secure payment gateway. You may opt for any mode to make a payment for the same.
6. Download Renewed Policy Document
After making the payment, download and save your renewed policy document. Check the updated details therein and ensure you get the renewal confirmation.
1. Convenience
InsureMile offers a hassle-free way to manage your bike insurance needs. From purchase to renewal, everything is just a click away, saving you both time and labor.
2. Comprehensive Comparison Tools
Our portal has comprehensive comparison tools to help you find the best insurance plan for your bike. You can check premium rates and coverage easily to make an informed decision.
3. Instant Policy Issuance
In the case of InsureMile, the order or renewal of the insurance policy is instant. This will also help you be immediately covered and safe.
4. Customer Support
InsureMile has one of the best customer supports that are always ready to help with all your queries or other bike insurance issues. Our team is there to guide you on every policy detail, claim, and other such assistance.
Bike insurance basically is an investment that offers necessary protection from a horde of undesired risks and legal liability coverage. InsureMile facilitates the easiest purchase or renewal of two-wheeler insurance online, with benefits such as convenience, competitive premiums, and coverage. You can get your two-wheeler ensured effortlessly with InsureMile and have confidence that you have the right insurance in place.
This is the best user-friendly online platform, making it easy to purchase, renew, or manage two-wheeler insurance. Getting insurance for a bike online is a breeze; there is no need to fill out paperwork or wait in line
You should not have any trouble renewing your two-wheeler insurance policy; we understand that. You can renew your policy with the simple click of a button with Insuremile. Our straightforward renewal procedure will keep your on-road protection in place without a hitch.
Insuremile offers a range of customizable coverage options to cater to your requirements. Whether you own a sleek sports bike, a sturdy cruiser, or a reliable commuter, we have the greatest online 2-wheeler insurance plan to safeguard your investment.
The most important thing to us is making sure you get a good deal. Affordable and comprehensive two-wheeler insurance is available from Insuremile. Get top-notch bike protection without going into debt, thanks to our upfront pricing policy.
Get in touch with our reliable customer service team at any time, day or night, for answers to your questions or problems. Our dependable and prompt support is here to help you with any questions or concerns you may have regarding your policy or the claims process
Insuremile is the best-ever trusted place partner for 2-wheeler insurance.
As for a bike, it is necessary to make transport easy with no risk at all compared to other large-sized vehicles like cars and buses. For personal vehicles, it’s essential to get bike insurance so that you won’t worry about the cost when an accident happens.
Riding a bike is an integral part of your daily life, whether you are flashing around town or embarking on road trips. We have compiled a range of insurance options that are both easy to understand and exhaustive to facilitate your insurance concerns and ensure the safety of your bike.
We ensure a great online insurance provider for every type of 2 wheeler in your locality and make sure you are at an affordable expense. Our commitment extends beyond the policy approaches; we aim to build lasting customer relationships based on trust and dependability.
Insuremile prioritizes your needs and tirelessly works to protect what matters to you. Embark on your 2-wheeler insurance journey with confidence. Insure with assurance and ride with pride!
Secure yourself with a full-proof insurance against expensive damages and third party obligations.
Is your bike braced with an insurance? Don't forget, the Motor Vehicles Act, 1988, makes two-wheeler insurance mandatory.
Meet all your costly medical requirements without worry or second thought. Just be insured with us.
Insuremile Digital Insurance company - Get 2 wheeler, scooter, Bike & Personal Accident Insurance Online 4104 Google reviews M Bhanupriya2024-12-03 TQ Aruna mam explained very well then send policy copy's immediately iam really happy with your aproch thank you😊😊 Rakshith2024-12-03 I have done my bike insurance in online, the staff were really cooperative and helpfull throughout the process.... Masthan gani2024-12-03 Good communication and she give all details well Bhuvana Venu2024-12-03 Nice 👍👍👍 N.Arjun Nandakumar2024-12-03 Sincere work and good follow up Rajendra Prasad reddy2024-12-03 Very good approach
There used to be a time, a few decades back when owning a scooter used to be reasonably more popular than owning a bike. For officegoers, owning a scooter used to be the default arrangement. Owning a bike was seen as something fancy.Over time, more people began to lay an interest in owning bikes, and the popularity of scooters reduced.
Nowadays, many people own bikes, some for purely recreational purposes wherein they can go on long excursions with their friends. Some people do use bikes for daily commutation purposes.Irrespective of whether you maintain a bike for recreational or work-related purposes, buying twowheeler insurance is mandatory under the Motor Vehicle Act of 1988.
Besides being mandatory, buying insurance for your bike is a healthy and recommendable practice that keeps you secured on all fronts.
A biker could be exceedingly careful while driving his two-wheeler. But, this is not a 100% guarantee against avoiding all road accidents and injuries. In case your vehicle does come across damage, you will find it easier to bear the associated costs if your bike is insured. Insurance will work for you irrespective of whether you use your bike for recreational or work-related purposes.On the other hand, in the dearth of insurance, you might feel that you are pressed for money in typical situations when your vehicle comes across damage following a road accident.For a meager price paid each month for your insurance, you would be able to comfortably bear
relatively larger expenses in case your vehicle is damaged in a road accident. Your insurers will back you at such critical times. This helps with having your vehicle back on the road and running in minimum
time.Buying insurance becomes all the more important if you own and use a premium two-wheeler or bike.Your insurance keeps you secured in the event of typical scenarios such as the bike being stolen.
Similarly, in the dearth of insurance, the bike being stolen is a loss of a decent magnitude for many people.Many people feel that buying bike insurance is not worth it because I drive carefully. This is an attitude to be on guard against because, in the face of tough circumstances, your bike insurance is going to be a
great deal of help for you.
INSUREMILE is one of the premium bike insurance sellers through the current times. Buying insurance from them is a hassle-free experience and they are the top performers in terms of commitment to the insurance holders.
Bike insurance policy is an agreement between bike owner and insurance company that can cover bike and bike owner, damages cause if you hit someone else, and other accident events. When you get bike insurance policy, you are buying “bike coverages,” which are essentially things your insurer agrees to pay for compensation to rectify damage bike and you.
Bike Insurance Add-ons are those covers that you buy for an extra protection for your bike loss or damages. – These add-ons increase your bike insurance premium, as you get extra coverages example zero depreciation to protect your insured value you are paying extra premium for extra cover.
Compare bike insurance policy is way to get best policy to suit your needs, you must explore online to get 3 insurance companies quotes before you make up mind to buy bike insurance policy, so that you know benefits and premium of bike insurance policy, you may end up save hug amount of money and insurance company may offer you better coverage based your bike and driving experience. Also help of online websties you can get better additional free riders such as road side assistance, zero depreciation etc to save your money not only while buying and next 12 months no need to pay any extra money when you lose bike or down on road.
Third Party Liability insurance is mandatory for all vehicles plying on public
roads in India. This covers Liability for injuries and damages to others that you are responsible for. In addition, it is prudent to cover loss or damages to the vehicle itself by way of a Comprehensive/Package policy or a Bundled Policy or a Standalone Own Damage Policy in addition to your Liability Only Policy, which covers both “Liability” as well as “Own damage” to Insured vehicle. Liability Only cover is also known as Act Only cover.
Yes, it is mandatory to have a valid PUC Certificate on the date of renewal of the insurance policy.
Own-Damage (OD) cover under Bundled Policy is valid for period of one year and hence, OD section should be renewed on expiry of one-year period. However, Third Party cover under the Bundled Policy is valid for three years (for new Private Cars) or five years (for new Two-wheelers) and hence, it should be renewed on expiry of 3 or 5 year period as the case may be.
Yes, the insurance can be transferred to the buyer of the vehicle, provided the seller informs in writing of such transfer to the insurance company. A fresh proposal form needs to be filled in. There is a nominal fee charged for the transfer of insurance along with pro-rata recovery of NCB from the date of transfer till policy expiry. It may be noted that transfer of ownership in comprehensive/package policies has to be recorded within 14 days from the date of transfer failing which no claim will be payable for own damages to the vehicle.
There is no limit to the number of claims you can raise in your bike insurance policy. However, it is always advised to not raise multiple claims within a year, so it does not affect your other-related benefits.
In a basic Comprehensive Bike Policy, certain parts of the bike may not be covered or may have limited coverage. For example, the engine of a bike is typically not covered under the standard policy.
Yes, you can purchase separate coverage for the engine of your bike. This additional coverage is usually offered as an optional add-on or rider to the standard Comprehensive Bike Policy.
Yes, you can cancel your Bike insurance policy at any time. You do not have to wait until the end of the policy period to cancel it.
When it comes to insuring your bike, you can purchase a policy either…
Q1: What is zero depreciation insurance? A: Zero depreciation insurance, often called nil…