Bike insurance is crucial if you want to keep your vehicle in good condition for longer years. If you enjoy riding your bike on the highways, you should have it insured under a two-wheeler insurance policy. You could incur fines and penalties if you don’t have insurance. Do you want to pay such hefty fines? Companies compute the price for bike insurance using many of the same elements as they use for auto insurance: the owner’s age, experience, the power and kind of the bike, and, of course, your driving history; the only difference is that the price coefficient is larger. Get a Bike Insurance Quote to get the overall idea and estimation.
When to file bike insurance?
In most cases, when you are in an emergency, you will need to rely on your auto insurance coverage. In most cases, your insurance document contains extensive information about situations that qualify for a claim. If you find yourself in one of the following situations, you should file a claim:
In the event of a physical injury or death: An accident that causes physical harm to you, a pillion rider, or a third-party individual is a valid reason to file an insurance claim. The policyholder’s next of kin can file a claim if the policyholder dies in an accident.
Keep these things in mind before filing bike insurance:
Filing an FIR
It is your legal obligation to notify the authorities and file an FIR at the nearest police station if you are in an accident or wounded; if your bike is damaged or stolen (in case you have purchased a comprehensive insurance policy). Insurance companies will not begin processing claims until they get a copy of the FIR.
Consult insurance company
You should contact your bike insurance company as soon as you’ve alerted the authorities about the occurrence. Simply contact your insurance via the toll-free helpline number provided by them to report the occurrence. Insurance companies typically ask you to report an occurrence within 24 to 48 hours. It also helps your insurer if you let them know ahead of time that you’ll be filing a claim.
Record the incident
Aside from filing a police report, you will be required to produce specific proof of the accident that occurred. If feasible, insurance companies encourage you to offer photographic evidence and witnesses. Take as many photos as you can of the damage to your car, including any injuries you or your pillion driver may have incurred. Also, chat with witnesses and ask for their names and phone number so that insurance companies can contact them.
Make sure you have a decent credit score before applying for Bike Insurance Quote
. That is, your bills must be paid and you should not be in debt. Insurance companies will be more lenient because financially stable people are statistically lesser risk, and their odds of doing something risky while riding are also lower. While it is possible to acquire bike insurance online, there are currently no options for filing claims online. As a result, if you follow the guidelines outlined above, filing an insurance claim can be a simple process.