Online Two Wheeler Insurance

Buy Two-Wheeler Insurance in 4 easy steps. Bajaj Allianz provides online 2-wheeler insurance with hassle free 24/7 claim settlement support.

How to get protect financially during accidents

Everyone has a dream of owning atleast some form of vehicle. However, your vehicle is not just a means of transport, it represents you personality, who you are, your living standard and sets you apart from the masses. Thus, it’s a highly cherished possession often a pride to own it. But as much as you love your vehicle, you cannot predict the unfortunate incidences. You may strike into an accident and there might be damages done to third party vehicle, property or health. In such situations if you don’t have insurance you’ll have to bear the financial losses done to you. Therefore, Indian government mandates atleast a third party cover if you wish to drive your dream machine on road.

Let understand what is Third Party Insurance?

In India, motor vehicle insurance can be broadly classified two categories: Comprehensive & Third Party Insurance (TPI). TPI protects you from liability arising from your vehicle being engaged in any form of accident that led to the injury, death or damage of an arbitrary third party. A comprehensive cover will incorporate third party damage, damage to your vehicle, physical damages to both the party. It is the most complete protection you can get and provides cover up to the insured amount. Third Party Insurance is more than just a like a safe-guard: It is mandatory, and covers any financial liability the policy holder may incur from a third party. 

How to get Third Party Cover

Most of the comprehensive car policies include third party cover. This works well as both benefits are offered in single policy. Online website are great place to shop your third party insurance cover as they help you easily to compare the cost of insurance and also provide you variety of options to choose as per your requirements. While comprehensive insurance has a fixed cover amount based on the insured vehicle’ s value, a TPI policy protects the insured from potentially higher liabilities faced in the event of any incident with a third party. This is of particular significance as in most cases compensation or pay-outs are decided based on the effected third party coverage.

Third party insurance can be bought instantly as they do not require vehicle inspection or reporting. They can be equipped with minimal pre-cover formalities. They are affordable and Cost Effective. Premiums of TPI in India have been updated recently and offer a flat rate across 3 segments. Each slab varies depending on the engine displacement of the insured motor vehicle. 

Features 

It is important you read all policy documents carefully before the purchase of third party policy. Most Insurance providers offer TPI with the following features –  Death or bodily injury to a third part, Damage to third party property, Accidental Death of the insured vehicle owner or driver and Permanent Total Disability of the insured vehicle owner or driver. Choosing a robust third party insurance policy ensures your journey remain stress free and sheltered from any third party damages. It gives a peace of mind that you have the advantage of being fully protected against third party liability at minimal costs. 

[Source:https://generalinsurancesite.wordpress.com/2016/03/08/how-to-get-protect-financially-during-accidents/]

How to get your bike covered with suitable policy?

Two wheelers have a lion’s share in India’s vehicle segment.  Whether it’s a guy riding his dream machine to his college or office or a girl going on her scooty to college or super market, the need and comfort of two wheelers driving through narrow lanes and hectic traffics can never be replaced by any other mode of transportation. Your bike plays an instrumental role in carving your path of freedom in life. 

However, when your bike gets accidentally damaged or damages done due to natural calamities, manmade riot incidences etc. you get shattered and suddenly you come under the burden of huge financial losses. Therefore, it’s important that you get a suitable two wheeler insurance cover for your vehicle. A good policy coverage will reduce your stress and provide relevant protection to your bike or scooter against any physical damage, getting stolen or a third-party liability.

Today, with various companies selling insurance policies online it has become all the more easy to buy policy at the click of button on your laptops, Tablets or Smartphones anytime and from any part of the country.  With rapid advent of internet facilities millions of Indians are purchasing two wheeler policies online and the number just seems to increase day-by-day. 

The sheer fact that online two wheeler insurance offers convenience, comparison, actual costs, transparency, discounts etc. makes it the most preferred mode of policy purchase. You can gather all the information under one umbrella, analyze it well and then go for policy purchase.

So, if you’re wondering how online buying has more advantages and benefits, the article offers some tips to follow during your purchase: 

Convenience:

The most important point is the “At your convenience” where you don’t have to visit companies, collect information leaflets, call up agents, fill up form manually, visit for submission, keep documents handy etc. With online facilities you can do it yourself anytime and from anywhere. From purchasing to renewal, queries to claims everything can be done online without wasting your valuable time and energy.

Safe mode:

Insurance quotes online are secured and it’s a secure buying as well. Today, reputed insurance companies ensure that there is proper encryption of data to shield your personal information. So, just leave your worries aside and go for reputed companies to purchase your two wheeler insurance companies. It is advisable check for the company prospects, customer handling feedback, and approach towards your concern and then go for your purchase.

Time and Money Savings

Two wheeler insurance online purchasing is both time and money saving. You get quotes of different insurance companies under single umbrella, you can compare the costs, and you can check the benefits and features along with discounts and then go for policy purchase. For any concerns you can have a live chat with the experts online and get a plan at the budget that suits you! These experts can also respond to any concerns and counsel you well on the features available from your policy.

Online purchases have grown gradually. If you have been considering about getting coverage for your bike or scooter, then, why wait in long queues? Go through the hassles on visiting companies, and collect information leaflets, fill up forms for purchase, renewals and claims? Two wheeler insurance online is now at your service 24 X 7 to give you a smooth and sorted insurance purchasing experience.