Bike Insurance in Pitampura

We are doing Bike Insurance in Pitampura. We have all types of Bike insurance available of multiple companies. Weather you are looking for Third Party Bike Insurance in Pitampura or Comprehensive Bike Insurance.

There are three main types of bike insurance:

Third-Party Insurance: This is the most basic type of bike insurance and it covers you against any third-party liability arising from accidental injury, death or damage to property caused by your bike. This type of insurance is mandatory in most countries and is the minimum legal requirement.

Standalone First Party: It Provides cover only for own damage. Third Party Cover is not available in this. It will for the person who is already having 3- or 5-year third party policy available with them. Optional Add-on Covers are included in this policy.

Comprehensive Insurance: This is the most extensive type of bike insurance and it covers everything that third-party, fire and theft insurance covers, plus it also covers you against accidental damage to your bike, personal accident cover for the rider, and some additional benefits like towing and roadside assistance. This type of insurance is recommended if you want complete coverage and peace of mind.

List of Add-on Covers in Bike Insurance

Here are some common add-ons or riders that can be added to a bike insurance policy to enhance its coverage:

Zero Depreciation Cover: This add-on ensures that the entire cost of replacing damaged bike parts is covered, without any deduction for depreciation.

Personal Accident Cover for Pillion Rider: This add-on provides coverage for any bodily injuries sustained by the pillion rider in case of an accident.

Roadside Assistance Cover: This add-on provides assistance in case of breakdown or accident on the road, including towing, fuel delivery, and minor repairs.

Engine Protect Cover: This add-on provides coverage for any damage to the bike engine due to waterlogging or oil leakage.

No Claim Bonus (NCB) Protect Cover: This add-on protects the accumulated NCB discount on the premium in case of a claim.

Consumables Cover: This add-on provides coverage for the replacement cost of consumable items like engine oil, coolant, and brake fluid that are not covered under a regular policy.

Key Replacement Cover: This add-on covers the cost of replacement of lost or damaged bike keys.

Return to Invoice Cover: This add-on ensures that the insured receives the full invoice value of the bike in case of total loss or theft.

It is important to note that the availability of these add-ons may vary across insurance companies and policy types, and they may come at an additional cost.

What is Third Party Bike Insurance Rule in Motor Vehicle Insurance Act in India?

According to the Motor Vehicles Act in India, it is mandatory for all bike owners to have at least a third-party insurance policy before they can use their bike on public roads. The third-party insurance policy covers any legal liability arising out of damage, injury, or death caused to a third party by the bike owner. This means that if the bike owner is involved in an accident that causes damage or injury to a third party, the insurance company will compensate the third party for their loss.

The third-party bike insurance policy is designed to protect the interests of the third party and ensures that they receive compensation for any loss or damage caused by the bike owner. This type of insurance policy is the most basic form of insurance and is the minimum requirement under the law.

It is important to note that third-party bike insurance policy does not cover any damage to the bike or any injuries sustained by the bike owner in an accident. For comprehensive coverage, bike owners can opt for a comprehensive bike insurance policy that covers both third-party liability and damage to the bike and personal injury to the owner.

How to File Bike Insurance Claim?

To file a bike insurance claim, follow the below steps:

Inform the insurance company: The first step is to inform the insurance company as soon as possible after the incident. You can call the insurer's customer care number or visit their website to initiate the claim process.

Provide details of the incident: You will need to provide details of the incident, such as the date, time, and location of the accident, a brief description of the events leading to the incident, and details of any injuries sustained by you or any third party.

Submit relevant documents: The insurance company will require you to submit certain documents to process your claim, such as a copy of your bike insurance policy, a copy of your driving license, FIR if applicable, and any medical bills or reports if you or any third party was injured.

Get the bike surveyed: The insurance company will appoint a surveyor to assess the damage to your bike. You need to ensure that the bike is available for inspection at the surveyor's convenience.

Get repair estimates: After the survey, the insurance company will provide you with an estimate of the cost of repairs. You can either choose to get the bike repaired at a network garage or at a garage of your choice.

Submit repair bills: Once the repairs are completed, you need to submit the bills and receipts to the insurance company for reimbursement.

Claim settlement: The insurance company will verify all the documents and the cost of repairs before settling the claim. The amount will be either reimbursed to you or paid directly to the garage, depending on the policy terms.

It is important to follow the guidelines and procedures set out by the insurance company to ensure a smooth and hassle-free claim settlement process.