Advantages Of Purchasing A Comprehensive Insurance Plan For Your Two-Wheeler
Published On May 03, 2021 11:00 AM By InsuranceDekho
Looking to purchase insurance for your two-wheeler? Read this article, to know about the best type of insurance for your two-wheeler.
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If you drive a two-wheeler in India it is compulsory to purchase two-wheeler insurance. If you are new to insurance however, you no longer need to worry about this. Two-wheeler insurance can now be purchased entirely online with little to no paperwork. Moreover, you can get this entire process done from the comfort of your home or office. The added benefit of purchasing insurance online is that you can compare the different two-wheeler insurance companies, the quotes they are offering and their network of cashless garages before you make a choice. However, before making any purchase it is crucial that you know at least the basics of two-wheeler insurance. Hence, in this article, we will tell you everything about comprehensive insurance plans for two-wheelers.
What is a Comprehensive Insurance Plan for Two-Wheelers?
There are three types of two-wheeler insurance in India to choose from; third party insurance, standalone own damage insurance and comprehensive insurance. Third party insurance is a compulsory cover for all two-wheelers in India. Without it you can be fined Rs 2000 and/or be imprisoned for up to 3 months. It takes care of only third party liabilities which involves bodily injuries, death and property damage. Standalone own damage cover, which is the second type of insurance available, takes care of only own-damage costs in the event of a mishap and is not compulsory. The last type and what we will elaborate on today is the comprehensive plan. It takes care of both its own damage costs and third party liabilities under a single premium. Thus it offers the most holistic coverage for the two-wheeler and insurance holder.
Why Purchase a Comprehensive Insurance Plan for Your Two-Wheeler?
Following are the benefits of purchasing a comprehensive two-wheeler insurance:
Holistic ProtectionInsurance offers a layer of protection to both the two-wheeler and the insurance holder. Since the comprehensive insurance plan takes care of both the own-damage costs and third party liabilities it offers all-around protection, unlike the other covers.
Optional Personal Accident CoverWith a comprehensive two-wheeler insurance plan you can also purchase a personal accident cover. It is optional but will significantly improve the protection the insurance policy offers in case of a mishap.
Hassle-FreeThe comprehensive insurance as the name suggests takes care of both own damage and third party liabilities. Since it is offered under a single premium it is the most convenient way to get insured. You will not need to remember multiple renewal dates.
In an overview, if you are looking to purchase two-wheeler insurance comprehensive plans offer the most holistic protection and are the most trouble free option of the three. You can purchase the policy by simply visiting the InsuranceDekho website, selecting two-wheeler insurance and entering the required details. All the quotes for two-wheeler insurance will be visible on your screen. You can select a policy that suits your requirements and make the payment. The insurance policy document will be sent to your registered email ID.
Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.