Two Wheeler Insurance All You Need to Know A Good Bike Insurance Plan Helps You
Two Wheeler Insurance.With 25 insurers and 100+ products to choose from, Coverfox works actively to find a plan that is ideal for you.
We mean, the best one. From providing you with all the right information to offering unbiased comparisons, we do it all. Hey, you don’t even need to engage with the insurer yourself.
Types of Two-Wheeler Insurance Coverage
Is there anything more exciting than riding your trusted bike through the city roads ?In fact, for most riders, their bike is a reflection of their personality. Which is why insuring your bike is the best way to show it some love. Having two-wheeler insurance saves you against the financial loss you might face if your bike was wrecked in an accident or worse, stolen. After all, no one needs that kind of negativity in their life.
COMPREHENSIVE INSURANCE- This covers damages to the third party, as well as your own bike. It is best for those wanting to cover for losses from incidents such as theft and natural disasters.
THIRD-PARTY LIABILITY INSURANCE- It covers only the damages to a third party and their property. It’s best for those insuring their bikes only because it’s mandatory (but we wouldn’t recommend that!).
Bike Insurance: Inclusions and Exclusions
WHAT’S INCLUDED – Damages that might happen to your bike in an accident.
Financial protection to your bike from natural calamities such as floods, earthquakes, etc.
In case your two-wheeler gets stolen, your insurer will pay an amount equal to your bike’s IDV.
Coverage for damages caused during a man-made disaster.
WHAT’S EXCLUDED – Damages caused if you were caught riding under the influence of alcohol.
Loss and damages that may be caused because of a war or a nuclear strike.
Damages caused or losses incurred to your two-wheeler while you were riding without valid license.
Regular mechanical expenses due to consistent wear and tear.
Two Wheeler Insurance is Simple, Fast and Online
Believe it or not! You can renew your bike insurance with Coverfox.com instantly.
Even if you have an expired policy. And we too hate paperwork.