Uncover The Value: Additional Covers In Two-Wheeler Insurance

In the contemporary landscape, securing bike insurance has become swift and straightforward, taking only a few minutes and accessible through desktops, laptops, or smartphones. The emphasis on convenience has alleviated the complexities associated with obtaining coverage. Investing time comparing two-wheeler insurance options and selecting comprehensive coverage can also address the cost concerns. This article explores how augmenting your insurance policy with add-on covers can significantly enhance its value.

Understanding Add-On Covers

Add-on covers serve as an additional layer of protection that can be appended to your comprehensive bike insurance policy. It’s important to note that basic Third-party Liability policies are incompatible with add-on covers.

Impact On Coverage

While a comprehensive plan already offers extensive coverage, including protection against third-party liabilities, theft, accidents, and natural disasters, add-on covers allow further customisation. These additions provide a more tailored approach to insurance, elevating the overall coverage for your bike.

Impact On Premium

Basic third-party liability policies are the most economical, while comprehensive plans are more expensive. Introducing add-ons further increases the premium. The rule of thumb here is that the higher the bike insurance premium, the more extensive the add-on coverage.

Popular Add-Ons For Bike Insurance

Zero Depreciation: This add-on eliminates depreciation calculations, resulting in a larger claim amount. *
Pillion Rider Cover: Provides coverage for the pillion rider in case of a severe injury, making it ideal for those who often have passengers. *
Engine Protection: Specifically designed for the bike’s engine, crucial in regions prone to regular flooding. *
Roadside Assistance: Perfect for frequent travellers, this add-on ensures assistance in case of breakdowns, with the insurer managing arrangements for a mechanic or towing van. *
Accessories Cover: Insures additional bike accessories susceptible to breakage, offering protection against potential damages. *

Deciding Who Should Opt for Add-Ons

The decision to purchase add-ons depends on factors such as the age and usage of your bike. For instance, a Pillion Rider cover is optional if you primarily ride alone. Therefore, evaluating your specific needs before investing in add-ons is essential.

Online Bike Insurance

Securing insurance for new bikes or carrying out the process of bike insurance renewal for two-wheeler insurance for older bikes is now hassle-free. The online platform allows for easy research, purchase, and renewal of policies. However, more than merely purchasing a bike insurance policy online, timely renewal is crucial to maintaining coverage. Claims are subject to terms and conditions set forth under the motor insurance policy. *

Allowing a policy to expire leaves you without coverage, meaning the insurer won’t cover financial losses in case of an accident post-expiration. Moreover, legal complications may arise. Whether purchasing insurance for the first time or renewing or adding add-ons, thoroughly review the policy’s inclusions and exclusions before making decisions.

Obtaining two-wheeler insurance has evolved into a seamless online process, but the real value lies in making informed decisions about coverage and add-ons. By understanding the impact of these choices on both coverage and premium, policyholders can ensure their bikes are adequately protected against various risks. When looking to secure the ideal coverage and rates, comparing bike insurance online is essential to make an informed decision.

*Standard T&C Apply

Disclaimer: The content on this page is generic and shared only for informational and explanatory purposes. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making any related decisions.

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.