Are you tired of having to worry about your bike’s safety? Well, a comprehensive bike insurance cover is the perfect solution for you. They not only cover accidents and theft, but also secures your ride against natural disaster, thereby making your journey seamless. And that’s not it! They also act as your safety net to fall back on in case of third party liabilities, and come with personal accident cover. Additionally, the no claim bonus add-on cover will make you feel like you’ve cracked the jackpot. Read on to know more about the benefits of this policy and let your insurer take care of your ride.
Benefits of Comprehensive Bike Insurance
A third party bike insurance policy has been made legally mandatory by law in India. However, it only provides coverage against third party liabilities. A Comprehensive bike insurance, on the other hand, covers every possible risk that may arise. Here’s why a comprehensive bike insurance policy is a must-have:
- Protects against damages caused to the bike in case of accidents
Restoring and maintaining a two-wheeler in case of an accident can prove to be an expensive task. This may often burn a hole in your pockets. If your bike gets fully or partially damaged during an accident, a comprehensive bike insurance policy will cover every expense arising due to its restoration.
- Safeguards against injuries caused to the rider
If you are a bike rider and suffer certain injuries while riding your two-wheeler, your medical costs would be covered by your respective insurance provider under this plan. With the hiked density of automobiles in the metropolitan cities, the likelihood of the occurrence of accidents is on an all-time high. In such a scenario, comprehensive bike insurance acts as a safety net.
- Acts as a backup against the temporary/permanent disability
If you meet with an accident while riding your insured bike and suffer injuries resulting in temporary/permanent disability, you may have to pay off huge medical expenses. That’s when a comprehensive bike insurance policy comes to your rescue. It provides financial coverage against such medical and other treatment costs.
- Offers financial security against death
If you are the sole bread earner of your family and you meet with an accident which may result in death, the financial burden may trickle down to them. During such critical junctures, the comprehensive bike insurance policies offer monetary compensation to the family.
- Provides security against third party liabilities
Suppose an accident results in the property damage of a third party, or injuries, or even death to a third individual. In such a scenario, your respective insurance provider will safeguard you and cover any kind of expenses arising thereby.
- Safeguards from damage caused to your bikes due to natural disasters
Comprehensive bike insurance policy provides protection to your two-wheeler against damage caused by natural disasters such as storms, fire, earthquakes, or floods.
- Provides protection against theft
If your two-wheeler gets stolen, comprehensive bike insurance cover provides financial compensation for its replacement.
- Reap the benefits of no claim bonus
If you do not make any insurance claims on your comprehensive insurance policy during your policy tenure, you can receive a no-claim bonus. This can help you save significantly on your succeeding insurance premiums. However, even a single claim may have you lose the collected no claim bonus.
- Offers other additional benefits
With a comprehensive bike insurance policy, you can purchase several add-on covers such as zero depreciation cover, roadside assistance cover, pillion cover, and more.
End Note
So, what are you waiting for? Do not let your precious bike stay at the mercy of fate. Protect it with a comprehensive bike insurance plan and ride with full confidence. It is the ultimate safety factor for your seamless ride as it is ready to tackle any challenges that may come your way. If you get a comprehensive insurance cover, you will not only be insuring your two-wheeler, but also your sense of peace. Hence, grab that helmet of yours, embark on that road trip with no fear, because the comprehensive two-wheeler insurance has your back!
