What Is 2 Wheeler Insurance And Why Should You Opt For It?

A two wheeler is an economic and convenient mode of transport. Apart from convenience of travelling, it has today become a part of our lifestyle owing to the swanky racing models available in the market. However do you stop to think about risks that you are likely to face on the roads? No. The reality is that on the roads, you are susceptible to an accident or your bike might get damaged. The result is enormous expenses which cannot be managed by you alone. It is in such situations the 2 wheeler insurance proves to be useful.

What Are The Many Ways In Which Bike Insurance Offers Protection?

It offers protection against so many losses thus enabling you and your family to cope with an unexpected situation when it arises. By mitigating costs, it saves you from unexpected financial losses because today with rising repair costs, even a small dent will be difficult to repair. Here is a look at the many ways in which it pays out:
It covers for damage to vehicle caused by accident
It pays for damage to vehicle caused by man-made or natural disasters
It pays for third party liability expenses
It pays for losses arising from a personal accident


This is the basic cover offered by the policy. There are many add-ons that you can opt to increase protection. The cost of premium increases with the add-ons that you take but they helps to bring down so many sundry expenses that you are likely to incur when an unexpected situation arises on the roads. Bike insurance cover is applicable for any factory fitted gadget also. However, if you have fitted the bike with your own gadgets, you need to apply insurance cover separately for it.

Transfer of Policy

Bike insurance is transferable. If you are getting a new bike to replace the old one, transfer the policy to the person who has just brought your old vehicle.

Cost Of Policy

A basic bike insurance policy is inexpensive, but as you opt for add-ons the policy cost will rise. You can find out cost of policy by using the bike insurance calculator available in the insurance company's website. Just fill it with necessary details and it will bring up the cost. You can proceed to fill the online application form to get coverage. At the time of policy renewal, you can complete it online. Online application is easy and it saves time, efforts. You can quickly get coverage. No need to go to the insurance company for availing insurance benefits or fill up huge paper forms.

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About the Author

Kirti Saxena

Kirti Saxena is a web enthusiast and a writer for different areas including insurance and banking and numerous other sectors.