Factors to Consider While Searching for Online Plans Insurance
By :- Iffco Tokio A Leading Insurance Company
Two-wheeler insurance is quite a paramount for any rider who commutes on a two-wheeler every day. A two-wheeler requires a proper maintenance and routine check-up so that the probability of unnecessary event can be minimized however, life is quite unpredictable and it is quite important to keep your vehicle protected. Buying insurance for two wheeler can be a tedious task but still is a must. Here are a few factors that determine that will help you save more on your two-wheeler insurance.
1. Increase your deductible: Increasing your deductible helps in cutting down on your premium cost. Deductible is the amount that you have to pay in case any loss or damage happens to your two-wheeler. You can anytime call your insurance company and ask them to increase your deductible by you paying a biggest percentage than before.
2. No claims bonus discount: If you don't make claims during a single term of twowheeler insurance policy you can earn great amount of discount. No claim bonus discounts varies between different insurance companies but you will have to pay 20% lesser on your next premium if you do not claim insurance for an year. It is better to avoid claiming insurance for small damages such as a scratch or an unnoticeable dent on your bike.
3. Tailor your insurance coverage: It may be worth considering that you can even go with a lower level coverage such as fire, theft, third party of two-wheeler insurance coverage. Always remember to read the entire policy carefully and understand what benefits it will bring to your bike. Whether it is an old vehicle or a brand new one, the age factor of the vehicle can always tell you how much it is worth spending on its insurance.
4. Research and compare: Online insurance companies offer a way to compare about different insurance plans. Comparing insurance helps you to fetch good deals on a twowheeler insurance coverage. By doing so, you might find two-wheeler insurance coverage plans at a better price range than the one you select before offering you the same benefits. Unless you don’t research and compare you might not be able to find a good insurance deal. Once you have found a policy that meets your vehicle insurance needs you can even negotiate over its pricing.
IFFCO Tokio General Insurance strives to provide you an excellent cover against physical damage and third party liability, theft, etc., in regard to your two-wheeler insurance policy. This company offers No Claim Bonus (NCB) of up 50% on renewal of insurance, and in addition to that IFFCO Tokio General Insurance has an online team that offers you 24/7 claim assistance. You can transfer full benefits of No Claim Bonus when you shift your motor insurance policy from another company to IFFCO-Tokio General Insurance. Apart from that this company also offers health insurance, travel insurance, home insurance and many other attractive insurance packages.