New Delhi, Nov 29: Two-wheeler insurance is mandatory in India, as per the Motor Vehicles Act, 1988. However, it’s benefits extend beyond the compliance as a good two-wheeler insurance provides financial protection against accidents, theft and natural calamities, ensuring peace of mind for the two-heeler riders.
Here are top 5 tips for buying the best two-wheeler insurance online:
- Check policy coverage: Make sure that the policy covers third-party liability, personal accident accidents and own damage.
- Disclose accurate information: Always provide accurate information/details about your vehicle and personal information while buying two-wheeler insurance.
- Check No-claim bonus: Check out for policies offering No-claim bonus for consecutive claim-free years.
- Verify policy renewal process: It is important to ensure that the insurer offers hassle-free policy renewal.
- Read policy documents: Carefully read the policy documents and understand the terms and conditions of the coverage.
Here are some of the key benefits of buying two-wheeler insurance online:
- Convenience: Buying or renewing policies is convenient through online from anywhere, anytime.
- Time saving: It is easy to quickly compare and purchase the two-wheeler insurance through online process.
- Transparency: Buying two-wheeler insurance online offers easy access to policy documents and details.
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