Importance Of Having Motor Bike Insurance

For many people their two-wheeler whether it a bike, scooter or a scooty is a very precious possession. But people often ignore buying motor insurance for their Bike as bikes are not expensive as a four-wheeler. But this doesn’t mean that you need to ignore insurance for it. Motor insurance ensures that your bike remain safe and secure. Increasing number of road accidents makes it even more important to insure your bike.

Third party motor insurance is mandatory by law for two-wheelers as well. But having a comprehensive motor insurance policy for two-wheelers makes more sense. A comprehensive two-wheeler insurance policy provides covers for the liability arising out of the third party as well as the loss or damage to your own two wheeler.

Bike insurance online policy compensates you for the loss against physical damage, theft and third party liability.

Motor insurance policy provides cover for natural calamities such as flood, earthquake, lightening, cyclone, fire, self-ignition etc.

Motor insurance policy for bikes also provides cover against the loss or damage of two wheelers against man-made calamities such as burglary, theft, riot etc.

The cost for renewing bike insurance online is very nominal. However, you can further reduce it by comparing policies across companies and buy it online. You can buy your bike insurance online. 

Source: 

http://twowheelerinsuranceinindia.tumblr.com/post/131147485673/importance-of-having-motor-bike-insurance