Bike/Two Wheeler Insurance For Superbike or Sport Bike
Published On Mar 08, 2021, Updated On Mar 25, 2021
This article is about Bike/Two Wheeler Insurance for Sportbike or Sports Bike. It begins with a brief description for the need to be conversant with your bike insurance policy and then mentions the most important features of a two-wheeler insurance policy.
Buying two-wheeler insurance must be accompanied by a thorough understanding of the different terms and conditions of your bike insurance policy and you have been adequately conversant about the insurance that you want to buy for your sports bike. In this article, we are going to talk about the important features of two-wheeler insurance for the same.
Features of Bike Insurance For Sports Bike -
The following are the most important features of a two wheeler or bike insurance for sports bike -
Customizable Plans -
Two Wheeler insurance plans are customizable as per the requirements of your superbike or sports bike. They can be tailored to meet the specific configurations of your bike and you must make sure that you have adequate insurance cover for any kind of damages sustained by your bike. You should be particularly careful about mileage ranges and liability protections as it will help you to secure the maximum benefits under your insurance plan.
Reasonable Deductible -
While most people would like to go for a plan with a lower deductible for want of paying a lower premium, experts argue that such plans do not sufficiently provide financial or structural coverage for your sports bikes. Paying a slightly higher rate of premium comes with a discount on the premium and it ensures a better plan with optimum coverage. As the amount of premium is reduced, the deductible amount remains reasonable too, allowing you to maintain your bike effectively.
Discount On Premium -
Contrary to popular notion, most people are not aware that bike insurance providers do offer a discount as an additional benefit. If you own a superbike or a sports bike, you can avail a discount after paying your premiums and cut back on the extra cost of maintaining your bike. You should be aware about this feature when you decide to invest in a two wheeler insurance policy.
Zero Depreciation Add On -
A Zero Depreciation Two-Wheeler Insurance is a popular add on cover feature for bike policies. It is a profitable add-on where no extra cost for repairing your bike is deducted from your claim amount. Having this add-on is useful for both superbike and sports bike owners and it promises a complete return of the claim amount with a total exemption of damage expenses on your two-wheeler.
Personal Accident Cover -
This might be a little surprising but two-wheeler insurance for sports bikes offer a personal accident cover for two-wheeler owners. The possibility of road accidents cannot be ruled out and recovering from it can range from a few weeks to months. The medical cover under two wheeler insurance policy covers the daily medical expenses of the owner and is available in a daily payout format where the amount of daily allowance can be decided as per the terms and conditions of your insurance policy.
These are the top 5 features of a two wheeler insurance policy for your sports bike and you must be aware about these conditions while selecting a bike insurance policy. Maintaining your bike and your own safety while driving is your own responsibility and the first step towards securing these is by getting your bike insured. The features mentioned above will hopefully aid you in choosing a policy for your superbike or sports bike and you can be assured of having guaranteed benefits.
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.