How to Claim Two Wheeler Insurance for Your Bike? Apart from protecting your vehicle and saving you from any financial loss caused by accidents, damage or theft of your motor, getting insurance for your two wheeler or four wheeler vehicle is also legally mandatory for you. The law in the country mandates it compulsory for every vehicle owner to insure their bike or car.
Suppose you have a bike, then you should get it insured; you should purchase the motorbike insurance or get the renewal of your existing two wheeler insurance. By that way, you will be able to get assistance in coping with the financial loss, which may be caused either buy accidents, damage or theft, etc. In addition to this, two wheeler insurance online will allow you to cover the safety of someone else's property, copassengers, pedestrians and yourself. Generally in India, two types of two wheeler insurance plans are offered 'Comprehensive Insurance' and 'Third Party Insurance'. Third Party Insurance: This type of insurance is designed to protect policy holder against any loss, which covers a large area such as the loss occurs owing to bodily injury/death to a third party or any damage to its property. It is important to learn that Third Party Insurance is mandatory by law. Comprehensive Insurance: In concern with comprehensive insurance plan, it is bought when you want to be compensated for any damages to you, your co-passengers and your vehicle in addition to third party coverage. The good thing is that there are a number of insurance companies in India that provide two wheeler insurance for your bike or the service of online renewal of your insurance.
IFFCO-Tokio general insurance company is the great advantage for you, with online services also. You are able to buy the policy through the internet quickly, save your time and save. You can easily calculate your premium online and buy with the same quote within a specific period of time. In fact, online is the hassle-free option to get your vehicle insured.