4 Things To Check Before Getting Comprehensive Two-wheeler Insurance Online

If you are planning to buy a new two-wheeler for yourself, then one of the things you should be buying, and is also mandatory by law, is two wheeler insurance. It is easy now to get your insurance online. And it is easy now to buy insurance online from the comfort of your house.

When you are looking to buy bike insurance, you will have the option of selecting between third-party insurance and comprehensive insurance. Now the comprehensive two-wheeler insurance has extra features that could come in handy in the future. Here are 4 things that you should check before buying your comprehensive two-wheeler insurance online:

• What is the coverage provided under the comprehensive bike insurance plan?

Investing in bike insurance means that you would want the most out of the insurance since you are paying for a service that financially protects your two-wheeler. Now when you want to buy a comprehensive two wheeler insurance online, make sure that the financial coverage that is provided under the insurance plan protects you from any kind of damage that you might in any kind of natural or manmade disaster.

• Does the plan offer a zero depreciation cover?

In the event of an accident, most bike insurance plans would mostly cover only a part of the expenses and not the entire amount. This is because the insurance company also takes into account the depreciated value of the bike. So when you are looking to buy comprehensive two-wheeler insurance online, make sure that it has a zero depreciation cover in it, which would mean apart from the basic repairs, any internal repairs and part replacements are also covered under the insurance.

• Does the insurer provide no claim bonus protection?

Most of the time, when you don’t make any claims on your bike insurance for a certain period of time, there aren’t any incentives or any discounts that are offered and this results in you changing the insurance provider. So when you are planning on buying your comprehensive two-wheeler insurance online, it would be better to check if the insurer is providing no claim bonus protection, which means that when you don’t any claim on the insurance, you are given a discount on your premium payment, and this discount keeps increasing year after year.

• Does the insurer have a good claim settlement ratio?

Claiming the amount that is mentioned in the bike insurance could be a very complicated procedure as multiple checks are done before the damage to your two-wheeler is assessed and then based on that, the claim amount is disbursed. So, it would be better to check that when you are buying your comprehensive third party insurance for bike online, the insurer provides quick claim settlement and the process isn’t lengthy.

These are some of the things that would you should check before you plan on buying you’re comprehensive two-wheeler insurance online.