Why Renew a Two-wheeler Insurance Policy?

Anything can happen while riding a two-wheeler/motorcycle, scooter, or moped. The lack of good roads, the morning and evening rush hours and unregulated traffic problems are a part of life today. Moreover, instances like rainfall or heat waves may cause several problems on the road, like slippery surfaces, mushy or muddy areas, or sticky tar. These situations may cause damages to the two-wheeler vehicle and even injure the rider.

It is vital to have two-wheeler insurance to stay protected from all such incidents. Motor protection laws in India protect millions of bike owners from expenses that may arise due to third-party damages by making third party bike insurance cover mandatory. At Policybazaar, you can instantly renew your two-wheeler insurance online in just 30 seconds. Providing the lowest guaranteed premium and saving unnecessary hassle and costs, we help you save up to 85% on the renewal of two-wheeler insurance policies.

Some common steps to follow while renewing a two-wheeler insurance policy online:

• Compare various two-wheeler insurance plans from leading insurers.
• Choose a befitting plan for yourself using a side-by-side comparison.
• Get assistance from our call centre.

Renewing Expired Two-wheeler Insurance Policy

You cannot afford to carry expired two-wheeler insurance while riding. Apart from attracting a penalty, it may also lead to severe losses in case of an emergency. An inactive policy implies the end of cover by the insurer for any damages, legal liabilities and so forth. The thumb rule is to renew the insurance policy before the date of its expiration. You can recharge your policy from Policybazaar. Another reason to avoid renewal at the last moment or before the policy expiration date is to evade inspection charges.

Here is how you can renew your expired two-wheeler insurance policy online:

• Switch the Insurer: If you are dissatisfied with your last insurer, which may lead to the delay in renewal, this is the time to switch it. Renewal is a great time to review your policy coverage as well as the insurer. Go, shop around, compare and buy the right deal.
• Going Online: Buying a policy over the internet is convenient, fast and safe. Go to the renewal section and provide the details of your motorcycle or scooter, such as make and model, CC, manufacturing year, etc. Select the type of two-wheeler insurance plan from the available options. Choose the add-ons to boost the policy coverage.
• Buy Policy and Stay Insured: If an offered premium is suitable to your budget, make the payment online. Every insurer offers a safe payment option through an online payment gateway, where your confidential details are safe. Pay the premiums either using a credit/debit card or net banking. The insurer will send the soft copy of your policy document to your registered mail ID.

You can easily renew your bike insurance policy over the internet by following this process. We recommend that you recharge your bike insurance policy before it expires. Since two-wheeler insurance saves you from draining heavy amounts on unforeseen accidents, it’s your responsibility to keep track of your policy expiration date.