Two Wheeler Bike Insurance 344 views August 20, 2019

Two Wheeler Insurance in Mumbai

No matter which part of India you live in, two-wheeler insurance is mandatory. You have to get a bike insurance policy if you have a bike. It is helpful for you as well as the people around you. If you reside in a big city like Mumbai, you definitely need a good vehicle insurance cover for your two-wheeler. Take a look at this article to know more.

Types of Two-Wheeler Insurance Policies and Plans Available in Mumbai

You can choose between two types of bike insurance covers:-

Third-party cover

A third party liability cover offers protection against all third party damages. It is necessary for you to have this insurance coverage as the law mandates it. However, you do not get any cover for your own vehicle if you buy such a plan. A try vehicle insurance plan is basic and inexpensive. You cannot add riders to such a plan to make it flexible.

Comprehensive cover

Next, we have a comprehensive cover. Here, you get a well-rounded and more inclusive bike insurance plan, something that is better suited when you live in a place like Mumbai. You get insurance coverage for your own vehicle, as well as for yourself. This is a huge benefit you get when you buy a comprehensive motor vehicle insurance policy. You can also add as many riders as you want to your insurance policy. Riders are add on covers available at an added cost. They increase the scope of the bike insurance cover.

You can buy motor insurance online, whether you want a comprehensive plan or a third party liability cover. Go over the features and assess them against your requirements and find your ideal bike insurance plan.

Reasons to Choose a Comprehensive 2 Wheeler Bike Insurance Cover in Mumbai

While you are not compelled to buy a comprehensive two-wheeler insurance policy, it makes a lot of sense for you to get such a cover when residing in Mumbai. Here are a few reasons why:-

Thefts are common

Bikes and scooters are very commonly stolen in Mumbai. And sadly, very few of the stolen vehicles are found again. you stand the chance to lose your bike to a robber. This is why you need to get a comprehensive bike insurance cover to keep it safe and secured. Even if such an event occurs, you can make an insurance claim and get financially compensated for the loss. You can use the money to buy a new vehicle thereafter.

Manmade calamities take place

Sadly, violent incidents such as riots and explosions have become commonplace in Mumbai. If your bike gets damaged in any such incident, you may need to spend a lot of money on the repairs. Additionally, you may even lose your bike completely as it may be damaged beyond repair. At such a time, you need the assistance of a comprehensive vehicle insurance coverage. You can make the claim and get the money reimbursed to you.

Natural disasters take place

You can also lose your bike to a natural calamity like an earthquake or a cyclone. Floods happen every year in Mumbai. If something happens to your bike in a natural disaster, you can immediately make a motor insurance claim and get the vehicle repaired. The same applies to a total loss due to a natural calamity. The insurance provider will compensate you for the damage and you can get the vehicle replaced.

The comprehensive plans are affordable

And finally, the biggest benefit of a comprehensive bike insurance policy is that you get all these brilliant covers at a very competitive rate. the comprehensive motor insurance quotes are low indeed. You do not have to worry about buying a plan and exhausting all your savings on it! You can get some excellent vehicle insurance covers at some of the most surprisingly cheap rates. You can also add riders to your basic bike insurance plan and make it more flexible. Common bike insurance riders include the engine protection rider, the pillion protection rider, the zero depreciation rider, the roadside assistance rider and so on. Choose your rider carefully and get the best possible coverage under your plan.

As you can clearly see from the points mentioned above, a comprehensive motor vehicle insurance plan adds a lot of value and suits a typical Mumbaikar very well. So if you have recently bought a two-wheeler and want to insure it in the most wholesome manner possible, compare insurance quotes and find the most suitable comprehensive plan at the best possible rate.

Final Word

Keep all the points mentioned above in mind before you choose your ideal motor insurance cover. living in a place like Mumbai has its own perks, but it has its shortcomings too. You, therefore, need to keep the insurance coverage as comprehensive as possible to keep yourself as well as your vehicle protected at all times.