Easy Steps to Renew Two-Wheeler Insurance Policy Online
Every insurance plan comes with a validity period, post which it needs to be renewed. You must timely renew your policy to keep yourself compliant with the legal requirements on the road as well as keep availing the benefits.
A bike insurance policy can be renewed online as well as offline. The online mode of insurance renewal is becoming increasingly popular these days as the process is quick, smooth, and transparent.
You can renew your bike insurance policy online either via the website of an insurance company or through online insurance platforms like us InsuranceDekho which help you compare different policies and renew the right policy in minutes.
How To Renew Bike Insurance Policy Online
You can renew your bike insurance policy at InsuranceDekho by following the few simple steps:
- Visit insurancedekho.com
- Click on the option “Renew Policy Instantly in 2 Steps”.
- The required premium quote will get displayed to you. Make the payment online via secured payment gateway.
Benefits of Bike Insurance Renewal
Timely renewal of your bike insurance policy offers you the following benefits:
1. Coverage Benefit
Timely renewal of your bike insurance policy helps you to continue to enjoy the coverage offered by your bike. This coverage in turns keeps you shielded against the expenses which you might incur due to your bike.
2. Benefit of No Claim Bonus
Renewal of your two-wheeler insurance policy before the expiry date helps you remain eligible for your No Claim Bonus which can range up to 50% of your own-damage premium. You lose this accumulated benefit in case you don’t renew your policy before expiry.
3. Provides You a Sense of Security
Two-wheeler insurance policy gives you peace of mind while riding on road. It reduces the chances of getting fined due to traffic laws thereby providing you a sense of security.
As a responsible citizen of India, you must remember that as important is getting a reliable insurance plan for your two-wheeler, equally important it is to keep renewing it before expiry. This is because as per the Motor Vehicles Act, 1988, you are required to have at least third party insurance. And as mentioned above, if you are caught on the road without it, then you will be punished for the same. Also, the policy protects you in case of financial losses in case you meet with an accident.
To conclude, keep yourself and your two-wheeler insured by timely renewing your two-wheeler insurance policy.
"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."