Bike insurance is a financial product that provides coverage for motorcycles, scooters, and other similar vehicles in case of accidents, theft, or damage. It helps protect riders from financial liabilities and ensures they can repair or replace their bike when needed.

Important information:

1. Provides coverage against accidents, theft, and damage.
2. Helps mitigate financial liabilities.
3. Ensures peace of mind for riders.

IDV for your bike policy as per your choice (from a range) while buying/renewing your bike insurance policy from us. You can use our two-wheeler insurance calculator for the same. However, keep in mind that setting the correct IDV is essential as it decides the sum insured amount for the policy. Setting it too low can reduce the premium, but the claim amount will be less in case of total loss. Similarly, setting it too high will increase the premium.

• Yes, bike insurance is necessary even if you ride occasionally. It provides financial protection against unexpected events such as accidents, theft, or damage, which can occur regardless of how frequently you ride. Without insurance, you could be personally liable for costly repairs or compensation to others involved in an accident.

  Important information:

  • Insurance provides coverage for accidents and theft, regardless of riding frequency.
  • It ensures financial protection against unexpected expenses.
  • Legal requirements may mandate having insurance even for occasional riders.

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• If your bike is stolen or damaged while parked in a public place, your insurance coverage will depend on the type of policy you have. Comprehensive insurance typically covers theft and damages caused by vandalism or natural disasters. However, if you only have third-party liability insurance, it won't cover theft or damages to your own bike. In such cases, filing a police report immediately is crucial for insurance claims.

  Important information:

  • Comprehensive insurance generally covers theft and damage in public places.
  • Third-party liability insurance typically does not cover theft or damage to your bike.
  • Timely reporting to the police is essential for insurance claims related to theft.

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It depends on your insurance policy. Some insurers offer coverage for modifications, but you need to declare these modifications when purchasing the policy. Failure to disclose modifications could lead to coverage denial in case of a claim. It's advisable to check with your insurer to understand their policy regarding modifications and whether additional coverage or a special endorsement is needed.

Important information:

• Modifications should be declared to your insurer when purchasing the policy.
• Coverage for modifications may require additional premiums or special endorsements.
• Non-disclosure of modifications could affect claim settlements.

Yes, you can transfer your bike insurance policy to the new owner if you sell your motorcycle. Most insurers allow policy transfer with proper documentation and verification of the new owner's details. It's important to notify your insurer about the sale and transfer request to avoid any lapse in coverage. The new owner will loose their NCB value

Important information:

• Policy transfer requires proper documentation and verification of the new owner's details.
• Notification to the insurer about the sale is crucial to avoid coverage lapses.
• The new owner may need to meet insurer criteria to continue the policy, such as age and riding experience.