Ride comfortably with a 2 wheeler insurance policy

25.04.2011 | Author: leenajacob | Posted in Insurance
Print Email More
Today with the chaos and mayhem that is happening on the streets the best and fastest way that people can travel from one place to the other is on a two wheeler. The other reason for buying a <a href=”http://www.icicilombard.com/app/ilom-en/PersonalProducts/Motor/Two_wheeler.aspx” target=”_blank”>2 wheeler insurance</a> is because it is extremely cost effective, and needless to say quite popular among youngsters. As soon as young people reach the age of eighteen the first thing on their mind is a bike and parents also feel that this is the most convenient way for them to spend for their children’s transportation costs. As stated by the Indian law all transporting vehicles should have some sort of auto insurance policy in case of accidents.
All new or second hand bikes should have 2 wheeler insurance in order to run on the roads. These rules are in place so that everyone involved in an accident is somewhere or the other covered in terms of finance towards the cost of repairs and replacement of parts. It also makes the life more comfortable for the riders knowing that if anything happens the insurance company will take care of the tab.
There are many big insurance companies out there that cover people and their assets and so finding a good and reliable company would not be a problem. The main point when sourcing for the right insurance company is to find a trusted party that offers complete two wheeler coverage along with damage, third party and personal accident coverage. Today these companies are all over the country having branches and it does not matter if people have two wheeler insurance from Pune making a claim in Bangalore, they will be entertained and reimbursed.
As mentioned insurance is very much needed and so these companies are making it big on the market. It is advisable to stick to one insurance company as every year the premium rates will defer depending on the claims that have been made, the condition of the vehicle and the status of the driver. Like <a href=”http://www.icicilombard.com” target=”_blank”>car insurance</a> policy renewals bikes too have yearly renewals where they have similar terms and conditions and so it is best to avoid claims for small costs where at the end of the year you can claim for a no claim bonus on your next premium. Taking up an insurance policy is not a bad investment as you will be all secured if anything has to go wrong.

Today with the chaos and mayhem that is happening on the streets the best and fastest way that people can travel from one place to the other is on a two wheeler. The other reason for buying a <a href=”http://www.icicilombard.com/app/ilom-en/PersonalProducts/Motor/Two_wheeler.aspx” target=”_blank”>2 wheeler insurance</a> is because it is extremely cost effective, and needless to say quite popular among youngsters. As soon as young people reach the age of eighteen the first thing on their mind is a bike and parents also feel that this is the most convenient way for them to spend for their children’s transportation costs. As stated by the Indian law all transporting vehicles should have some sort of auto insurance policy in case of accidents.
All new or second hand bikes should have 2 wheeler insurance in order to run on the roads. These rules are in place so that everyone involved in an accident is somewhere or the other covered in terms of finance towards the cost of repairs and replacement of parts. It also makes the life more comfortable for the riders knowing that if anything happens the insurance company will take care of the tab.
There are many big insurance companies out there that cover people and their assets and so finding a good and reliable company would not be a problem. The main point when sourcing for the right insurance company is to find a trusted party that offers complete two wheeler coverage along with damage, third party and personal accident coverage. Today these companies are all over the country having branches and it does not matter if people have two wheeler insurance from Pune making a claim in Bangalore, they will be entertained and reimbursed.
As mentioned insurance is very much needed and so these companies are making it big on the market. It is advisable to stick to one insurance company as every year the premium rates will defer depending on the claims that have been made, the condition of the vehicle and the status of the driver. Like <a href=”http://www.icicilombard.com” target=”_blank”>car insurance</a> policy renewals bikes too have yearly renewals where they have similar terms and conditions and so it is best to avoid claims for small costs where at the end of the year you can claim for a no claim bonus on your next premium. Taking up an insurance policy is not a bad investment as you will be all secured if anything has to go wrong.

Processing your request, Please wait....

Additional Articles From "Insurance"