Hello, friends today lifeinawind.com giving you information about India’s best online bike insurance. Friends if you search on the internet for the best online bike insurance companies in India. Then this article will help you to know about India’s top 3 bike insurance companies. Here you get more info about India’s top 3 online bike insurance policy in India. Keep scrolling and be with articles to get information about online bike insurance companies. In this article, we have put together everything you need to know about the top online bike insurance companies.
Here you get the best online bike insurance details and we also explain much more information like benefits, advantages, etc.
What is Bike Insurance?
Bike Insurance, technically called two-wheeler insurance, is an ideal tool to safeguard yourself against financial losses. Which may arise due to an unfortunate event like a road accident involving a two-wheeler. According to the Indian Motor Tariff, 2002 it is mandatory for every bike owner to have at least a third-party bike insurance cover.
What is a third-party bike insurance policy?
A third-party bike insurance policy covers damages to third-party property or vehicle and injuries to or the death of a third-party person. Comprehensive bike insurance covers the legal and financial third-party liabilities, own damage to your bike, and also a personal accident cover for the owner-driver.
Why is Bike Insurance Necessary?
With the update in the Motor Vehicle Act 2019. It has become even more essential to know about the various aspects that affect you as an owner of a vehicle. Motor insurance is a major aspect that you need to know about. Apart from the fact that motor insurance is mandated by the law. It is very important to understand that two-wheeler insurance is also the need of the hour for many reasons. However, one of the primary reasons for anyone to have motor insurance is to protect oneself from the third-party liability cost.
Top 3 best online bike insurance policies
Here we listed the best online bike insurance policy information and details.
01. BAJAJ ALLIANZ
Bajaj Allianz is listed as one of the best online bike insurance companies. And Bajaj Allianz is a leading insurer in the General insurance market that provides two-wheeler insurance plans with different benefits and coverage. It provides coverage to you and the third party. It has various products in its general insurance category right from health insurance to travel insurance including motor and two-wheeler insurance plans.
Official website link: www.bajajallianz.com
Bajaj Allianz’s two-wheeler insurance policies cover your two-wheeler or bike against physical damage, third-party liability, injury, and theft. It offers a comprehensive insurance policy that covers personal accidents as well. Bajaj Allianz two wheeler insurance policy claim settlement procedure is quick and easy making Bajaj Allianz an outstanding choice amongst the options available. Let us discuss the benefits and coverage of Bajaj Allianz Two Wheeler Insurance.
Benefits of Bajaj Allianz Long Term Two Wheeler Insurance:-
- A Two-wheeler insurance policy can be availed for a longer period with no effect on the third-party premium.
- Additional benefits such as NCB can be availed at the time of renewal for not claiming the insurance policy.
- Mid-term cancellation provision even after a claim during the policy tenure.
- Two to three-year policy coverage without a break.
02. POLICY BAZAR.COM
Policy Bazar is also listed as one of the best online bike insurance policies. PolicyBazaar.com is India’s prominent online life insurance and general insurance aggregator. The basis for the comparison is price, quality, and key benefits.
Official website link: https://www.policybazaar.com
Policybazaar.com has built strong relationships with all prominent public and private insurance companies across India. Our partners are from life insurance, health insurance, car insurance, bike insurance, travel insurance, corporate insurance, and loan sectors. PB pride itself on the relationship we share with our partners. We utilize these partnerships to streamline our knowledge and business operations, and show prices directly from the insurers.
Policy Bazar Bike insurance is a contract between the bike owner & insurance provider in which the insurance company provides financial coverage to the bike owner against any loss or damages due to an accident. As per the Motor Vehicle Act 1988, third-party bike insurance is mandatory in India. Bike insurance covers you from any accidental injuries caused while driving a two-wheeler/motorbike on Indian roads. Buy or renew two-wheeler insurance online for up to 3 years within 30 seconds to avoid paying a fine of Rs. 2,000.
Policy Bazar Advantage:-
Easy, Fast, and Convenient: Policy Bazar buys insurance to be prepared for the uncertainties that might strike with time; and since we are running against time, buying insurance online saves a lot of time. Buying insurance online is easy and convenient because it allows you to compare, choose and pay for the best suitable plan. The process of online application for insurance is smooth as well as quick and a secure payment gateway in places makes the process simple and fast.
Acko is on the third list of best online bike insurance policies on our page. Acko is an online insurance policy provider with its entire operations offered through the digital platform. It creates products and delivers opportunities in areas such as personalized insurance products based on user consumption behaviors. Acko offers bite-sized insurance products for drivers and others working in transportation and related sectors. It has also expanded its catalog and began offering similar policies in healthcare. The company was co-founded by Varun Dua and Ruchi Deepak in 2016.
Official website link: https://www.acko.com
Get Hassle-Free Two Wheeler Insurance & Avail Up to 80% off* on Premium. Experience Stress-free Claims With Zero Documentation. Trusted by 4.5 Cr Users. ACKO offers affordable old bike insurance plans through its hassle-free online platform. There is no paperwork involved when you buy or renew the insurance. With ACKO online bike insurance process, you receive instant claim settlement. Login to your ACKO account, answer a few questions, and upload the pictures.
Here’s the reason why you’ll love ACKO:-
- Incredibly low premiums: Insuring things that matter to you shouldn’t come at a cost. That’s why when you buy from us, you get the insurance that fits your pocket.
- Superquick and easy: Effortless and 100% digital. Forget paperwork, just access all our services with just a few clicks.
- Hassle-free claims: We’re on a mission to make insurance claims stress-free. Just give us a call or file a claim online and experience cashless, speedy claim settlements.
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