Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin

List Of Add-on Covers In Bike Insurance

Published On Aug 09, 2021

Read this article to find out the list of the most useful additional covers for your bike insurance and pick the ones that are most suitable to you.

Every day, accidents and thefts occur in India. Every bike owner cherishes his or her ride. It costs a lot of money to keep your bike and yourself safe. Bike insurance comes into play at this point. In these trying times, having bike insurance coverage will come in handy. This post will present a list of the top 5 add-on covers that will provide your bike with the necessary covering.

List Of Add-on Covers In Bike Insurance

Top 5 Most Useful Add-Ons For Bike Insurance

Different insurance companies offer different add-ons and bike insurance plans. However, the add-ons most companies provide have similar facilities but with different terms or names. The top 5 add-on covers for your bike are as follows - 

  • Roadside Assistance Cover

The most typical problem that most bike owners have is their bike breaking down in the middle of a ride, leaving them stranded. The roadside assistance coverage will provide you with various services that will aid you in this situation. Your insurance provider can send professional assistance to your area right away to assist you in repairing your bike. In addition to towing services and on-call assistance, your insurer may be able to provide a variety of extra services to make your travel more convenient and safe.

  • Zero Depreciation Cover

When you ride your bike, depreciation is unavoidable. As you ride it over time, the auto-parts may experience wear and tear, lowering their total worth. When you get zero depreciation insurance, you can be assured that the depreciation value will not be taken into account when determining your claim amount. However, insurance providers may impose a restriction on the number of claims you may make under this policy.

  • Return To Invoice 

Buying a bike is prohibitively costly. This is why, in order to keep your bike secure, you need to get bike insurance. Your insurance provider will pay you the amount based on the IDV (Insured Declared Value) of the bike in the event of theft, damage beyond repair, or total loss of the bike. When you get a return to invoice cover for your bike insurance policy, the IDV of your bike is fixed at the price at which you bought it. This implies that in the event of significant damage or theft, the insurance will reimburse you the same amount as you paid for the bike. However, this insurance coverage will only be available for bikes that are less than 3 to 4 years old.

  • Engine Protection Cover

It is typical to experience engine problems when riding your bike for an extended period of time. This will need you to take it to a service centre, which will be costly. If you want to prevent these costly expenditures, consider getting an engine protection plan. This will cover the costs of repairing your bike’s engine.

  • No Claim Bonus Protection Cover

When you go more than a year without filing a claim, you get a reduction on your premium. If you get this insurance, you can keep your NCB component even if you file a claim. This implies you may use your NCB component to claim your insurance while still receiving a reduction on your premium. One of the most advantageous insurance covers for your bike is the no-claim bonus protection plan.

Take Away

Although third-party insurance is required for your bike, it is recommended that you select a policy that provides the most coverage. Depending on the sort of coverage you pick, your policy may cover everything from bike repairs to medical bills. Although your bike insurance policy may provide all of the necessary coverage, adding riders or add-ons to your policy can expand your coverage and keep you financially secure. As a result, you should always conduct comprehensive research before selecting your vehicle insurance add-on coverage.

Also Read:

How To Get the Details of Bike Insurance By Registration Number?

How To Get A Duplicate Copy of New India Bike Insurance Documents?

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.

must dotmust graphics

Why to buy from InsuranceDekho?

  • Instant policy# within 5 mins
  • More than 50 lakhs happy customers
  • Claim Support available all 7 days of the week

People Also Read