Complete Guide On How To Change Bike Insurance Policy Online
The whole world is going digital and fast, so are insurance companies. They are transferring all of their processes online. Although an offline process is available, it is much faster and efficient in an online forum.
There could be a number of reasons to change your insurance provider such as poor customer service, better coverage, better premium, an insufficient network of partner garages, etc. Changing a bike insurance provider is a very easy and convenient process. Here’s your complete guide on how to change your bike insurance provider online at different time intervals.
How To Change Bike Insurance During Renewal?
If you want to switch to another bike insurance policy, then do it when your expiry date is coming up. It is a time to convert to another policy without much trouble and procedures. A policy is taken for a specific period, and once that time is over, it is your decision whether to renew the same insurance policy or to switch to another policy plan. Hence you can easily change your bike insurance policy online when your existing insurance is awaiting expiration.
How To Change Bike Insurance During the Insurance Period?
You do have the option to change your policy in the mid-period of an insurance policy. You can contact your insurer and state your concern and can purchase a new online bike insurance policy easily, but you have to be vigilant about the old policy cancellation. Ensure that the old policy is canceled and the new one is activated. Do not ride your bike when your new policy is pending activation.
How To Change Bike Insurance At The Time of Changing Two-Wheelers?
While you are buying a new bike, you can change the policy for your new vehicle. There is no compulsion to select the same policy you had for your old two-wheeler for your new one. If you are selling your old two-wheeler, then be sure to transfer your existing bike insurance policy to the buyer to avoid legal issues.
How To Change Bike Insurance In Case of Lapse of Insurance Policy?
In an ideal situation, you don't want your bike insurance policy to lapse. But if you do have lapsed insurance, you can always change to another bike insurance policy when you are intending to renew it. A gap for more than 90 days between the expiration of the old policy and the activation of the new policy will deem your accumulated NCB void. Ensure that you always have active insurance when you are riding your bike.
You can always change your existing insurance policy online, but it is advisable to do it in a situation when your existing bike insurance policy is not active. This is to avoid any complications and tenuous procedures. However, in case an urgent and policy change is essential immediately, please do not wait and start the process. Always remember to have valid bike insurance with you whenever you are riding a bike.
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.
