There is a thrill to riding your two wheeler, being on the streets and reaching places, helping your loved ones with chores, doing your own things or simply just enjoying the ride. It is pure joy when you invest and own your two wheeler(s). In India there is not only an increasing consumer demand for vehicles but also incremental sales in this segment. At one end there is increase in vehicular traffic, and the other of unforeseen events on the rise such as accidents and thefts. As you invest in owning your two-wheeler(s), it is equally important to plan on how to deal with such unanticipated incidents. If you are well planned then not only will you be able to abide by the existing pre-requisite of a two wheeler insurance policy, but also feel relaxed on being covered, on occurrence of any untoward events. Remember you planned, you researched and saved up for your pride – your two-wheeler, a little more planning for the unanticipated events by terms of investing in a two-wheeler insurance policy will always help. A good comprehensive two wheeler insurance policy will cover theft, damages occurring from varied instances, or any third-party damages. Here are a few basics, which will help you as a policyholder:
- Research and compare: Start with researching and comparing the various two wheeler insurance policies available and freezing to the one which best suits your needs as a policy holder.
- Freeze and sign the agreement: After comparing once you have finalized on the product, sign up the agreement, which will be against a premium, a fixed amount to the motor insurance company for the cover in case of any unforeseen events.
The two wheeler insurance policy will have a validity period, normally one year, it is expected that the policyholder renews the policy for the continued coverage. Renewals can be done either online or by contacting the insurer directly. We live in an age where every transaction seems a click away, with Time being a key factor it is only logical that you choose to renew the policy in minutes, which is a reality – with online renewals. Offline renewals are more time consuming, and will take more of your effort, but online renewals can be done easily minus hassles and that too from anywhere, be it from work or the comfort of your home.
You may have the motor insurance company’s representative sending you a link (URL) for the bike insurance renewal, as you click on this link you will be directed to the motor insurance company’s website. Alternately you can visit the motor insurance company’s website, and you will be guided step by step to fill the details, and finally make the payment of premium for the renewal of the policy. Once this step is over, you will get the digitised copy of the policy and online reminders for the next renewal. This will help you stay more connected and more planned.
With ease comes in more responsibility, online renewals can be done in a matter of minutes, but it is your responsibility to check the authenticity of the link you are directed to. Be careful with your online transactions and if you sense anything which is untoward reach out to the company representatives who can help out with your concerns.