Things to check in a two-wheeler insurance policy

Everybody who owns a bike knows they need a two-wheeler insurance policy. In today’s digital world, you can buy bike insurance online in just a few moments. Most people purchase their policies online and place a copy of the insurance plan in their vehicle without checking it. Unfortunately, if any information on the document is incorrect, the claims you file could get rejected. Here are some crucial details you should check in your insurance plan documents:

When buying two-wheeler insurance online, you might make minor spelling errors while filling in your personal details. Once you receive a copy of your policy, ensure you double-check all your personal information like your name, date of birth, gender and age. In case of any discrepancies, contact your insurance company immediately and ask them to make the required changes.

Your bike insurance policy must accurately record your vehicle registration number, the engine number and the chassis number. When you receive your policy, check the details and make sure they are correct. If the numbers don’t match and you file a claim request, your insurance company will likely reject it.

You may purchase a third-party liability-only plan or a customised policy that provides comprehensive coverage and additional benefits with add-ons. Whatever you choose, you should check bike insurance policy documents to verify your coverage. Familiarise yourself with your policy inclusions and exclusions to avoid filing claims for damages your plan does not cover.

Your bike insurance policy will include your two-wheeler’s IDV, which is the market value of your vehicle at that time. It is the maximum amount your insurance company will pay if your bike is damaged beyond repair or gets stolen. Your IDV likely impacts your premium and is something the insurance company will state when you go through your bike insurance renewal or purchase process. Always check the policy documents to ensure the IDV mentioned accurately represents your bike’s value.

After every two-wheeler insurance renewal, check the policy and note crucial details such as the policy number and validity. The insurance company will ask for the policy number whenever you file a claim, so keep it handy. Additionally, you must renew your policy before it expires to enjoy uninterrupted coverage.

Having a two-wheeler makes travelling incredibly convenient. If you have a vehicle, you must get an insurance policy to help you deal with the financial loss of an accident or unfortunate incident. If you are looking for bike insurance, apply online at the Zuno General Insurance website. We offer various plans with multiple add-ons, allowing you to customise the policy to meet your unique requirements.

ARN: Zuno/Blog/0323/21