Buying insurance for your bike
In 3 idiots we saw Raju’s dad being taken to a hospital on a two wheeler. Thanks to many such scenes Bollywood has given us, we’ve been reasonably made to understand the significance of a two wheeler- a hero and a true savior in times of need. Be it driving back home late after a party, combating heavy traffic, picking up grocery or a long ride you took to gather yourself after a spat with the loved one, it has been the best means to commute. Nobody can determine your bike’s value in your life because it’s immeasurable. Would want to compromise on the safety of something that’s so precious? The insurance company understands this need and importance and offers you a range of products to cover your bike along with the mandatory third party insurance (coverage against property damage or injury to any person). This comprehensive coverage takes care of expenses that your bike may incur at a time of accident. It offers protection for your bike against theft or damage due to accident or natural calamity. The revised draft bill of motor insurance act emphasizes the significance of a valid two wheeler insurance policy. You will mandatorily need to have a third party cover. However, we insist you have the comprehensive cover too which will add up to the cost of premium but only in return of safety of your two wheeler. The best part about buying a policy today as opposed to a decade ago is that the process has become much simpler. The customer is given a lot more choices on a policy as per requirement. This is the digital age where you even find the right partner online. Like the benefits that any online shopping gets you, buying a policy also comes with a few merit: 1. Cheaper rates As in the case of any other product, the policy rates online are lower than offline. As the operational costs are reduced, the insurance companies offer an undeclared discount on online policy purchases. 2. No paper no hassles When you buy a policy online, there are no papers which you may need to file safely for future reference. All the documents are stored online and can be made available anytime at a click, making it easy at each renewal. 3. No lengthy forms
One perk of buying an online policy is that you need not fill in endless details in long forms anymore. Some companies like Coverfox helps existing customers with saved data from the previous policy purchase by providing autofill option, saving your time and efforts. 4. Instant delivery Unlike other online-shopped products, there is no waiting period for an online insurance policy. It gets delivered to your inbox instantly within minutes after your purchase. Even the endorsements done online are quick without the need for lengthy correction procedures. 5. Policy reviews to make informed decisions There are reviews for policies/insurance companies available online, reading which you can make your own informed choice. The option helps you judge a product before a purchase and also enables you to return the favor by leaving your own review about a policy/company for others to read. When it comes to your bike, even a single hit can leave you with heavy, unaffordable expenses. It is at such times you realize the importance of having bike insurance. The little money you invest each year on your bike is negligible when you look at how it saves you from heavy financial expenses in case of an accident. So keep renewing your policy and make use of the various comprehensive coverages offered by the many insurance companies. If you want to know more insurance-related facts before you buy a policy, you can call Coverfox for assistance. We would ensure you good support because we understand the importance of your bike and value it as much as you do. We can help you get a good policy and hand-hold through any claims, if any, in the future. But remember – it’s not worth risking your bike’s safety. Buy a comprehensive policy today! [Source:http://www.indianotes.com/buy/Buying-insurance-for-yourbike/197259/3/TI?source=insurancewidget]