Buying a Second-Hand Scooter? Don’t Ignore These Insurance Tips!

Buying a used scooter can save you a good chunk of money, but what many buyers forget is that insurance matters just as much as the scooter itself. Whether you’re buying from an individual or a dealer, here are the key insurance tips you must keep in mind before closing the deal.

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🔁 1. Transfer the Insurance Immediately

When you purchase a second-hand scooter, insurance doesn't automatically transfer to your name. As the new owner, you need to:

• Inform the insurance company within 14 days

• Submit a transfer request with documents (sale agreement, RC copy, ID proof, etc.)

• Pay a nominal transfer fee

⚠️ If you don’t transfer the insurance, you can’t raise a claim - even if the policy is still active.

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📜 2. Check the Current Policy Details

Before making the payment, ask for the current insurance copy and verify:

• Policy type (Third-party or Comprehensive)

• Expiry date

• Previous claims history

• Add-on covers, if any

This gives you insight into how well the vehicle was protected and if you need to upgrade coverage.

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🔍 3. Do a Background Check on Claims

If the previous owner made too many claims, it might affect:

• No Claim Bonus (NCB) eligibility

• Premium amount for future renewals

Use the VAHAN portal or ask the insurer to verify the claim history.

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🧾 4. Update RC Before Insurance Renewal

The Registration Certificate (RC) must match the name and address on your insurance policy. If there's a mismatch during a claim, it can be rejected. Make sure to:

• Transfer the RC at the RTO

• Update it with the insurer as soon as possible

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✅ 5. Get a Comprehensive Plan for Peace of Mind

Most second-hand scooters come with only third-party insurance. Upgrade to a comprehensive policy to cover:

• Own damage

• Theft

• Natural disasters

• Accidental damages

🛡️ Add-ons like Zero Depreciation and Roadside Assistance are also worth considering.

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🧠 Final Thoughts:

Buying a pre-owned scooter is smart - but smart buyers don’t ignore insurance. Make sure the policy is updated in your name, and consider a comprehensive plan that fits your riding needs. A few steps today can save you from massive bills tomorrow!

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🔁 Quick Checklist:

✅ RC transfer done
✅ Insurance transferred within 14 days
✅ Policy copy verified
✅ NCB and claims checked
✅ Coverage upgraded if needed

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❓ FAQs

Q: Can I use the old owner’s insurance until it expires?
A: Technically, yes - but legally, claims won't be valid unless the policy is transferred to your name.

Q: Is it mandatory to buy a new policy instead of transferring the old one?
A: No, but if the old policy is too basic, buying a new comprehensive plan may be wiser.

Q: Can I get No Claim Bonus from the previous owner?
A: No, NCB is not transferable. It remains with the original policyholder.