Bike Insurance in Karol Bagh

We do bike insurance in Karol Bagh. We do all types of bike insurance in India. We have third Party Bike Insurance in Karol Bagh, Full insurance or first-party bike insurance. We deal in bike insurance for multiple companies such as HDFC, Digit, ICICI Lombard, Iffco Tokio, Reliance and more In India Bike insurance is mandatory in India as per the Motor Vehicle act 1988. The Third Party covers the expenses incurred to the other person. It is also used to avoid challans and selling your bike. The insurance we are doing is third-party bike insurance in Karol bagh and it does not cover own damage expenses. To Get cover for your own damage as well as a theft you have to buy comprehensive bike insurance which is also known as first bike insurance. It covers all the expenses of your damage. Comprehensive bike insurance also covers theft and If you have PA cover which is personal accidental cover you will get accidental insurance in case of accidental death or disability if you met with an accident. It also covers total disability up to 15lacs. The reason should be accidental damage only while driving our own vehicle. The cover of PA is not available in Third Party insurance.

The price of the third party is calculated based on the cubic capacity of the vehicle. Cubic capacity is also known as cc. Third party premium chart is given by the IRDAI (Insurance Regulatory and Development Authority). IRDAI is the regularity body of the insurance section. All the companies should charge third party according to the rates given and it starts from 75cc. For all the vehicles up to 75cc will be charged at Rs. 538. The vehicles ranging from 75cc to 150cc will be charged at Rs. 714. The vehicles from 150cc to 350cc will be charged at Rs. 1366 and all the bikes exceeding 350cc will be charged at Rs. 2804. The premium mentioned above is the base price of the bike insurance. Additional GST of 18% will charge to them. You can buy third party insurance from any company. The price will be the same.

First Party Bike insurance is for the person who are looking for full protection of their bike. We do first party bike insurance in Karol Bagh. The premium of comprehensive bike insurance is based on own damage premium, third party, PA cover which is actually CPA and third last is optional add-on features you opt for.

There are multiple add on available in the bike insurance

Zero Depreciation – In the Zero Depreciation Bike Insurance policy, all the components are covered 100%. In a situation of an accidental claim. The company deducts depreciation amount on multiple parts such as glass, plastic, rubber etc. In case of zero depreciation add on cover the company only takes file charge and don’t do any other deduction in the claim amount.

Return to invoice – This cover is given for a very limited period of time. It means in case of total accidental damage or theft the company gives the claim amount as mentioned on the invoice at the time of purchase.

Roadside Assistance (RSA) – Roadside assistance provides assistance in case of mechanical breakdown of the vehicle. The company provides a crane to toe your vehicle to the nearest garage.

Protection of NCB – NCB means no claim bonus. It is given to the policyholder on own damage premium for not taking any claim during the policy period. Its start from 0%; 20%; 25%; 35%; 45% and 50%. It continues to be 50% till the time the policyholder has not taking any claim. The moment the policyholder takes a claim in bike insurance in Nangloi the NCB discount amount will be 0%. But if you have taken this addon feature even after taking the claim your NCB discount will continue.

Loss of Personal Belonging – In case of any personal belonging loss the company will pay a certain amount.

Consumables Cover – The small item such as nuts are not covered at the time of claim in your bike insurance but with this add on those nominal expenses will be covered.

Engine Cover – Engine cover provides protection to the engine if the engine is ceased etc. Generally, it is not covered in the policy.

Key Lock Cover – In case of loss of key you can take a new lock and with this feature, you will get the claim for a new lock in your bike.