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Bike insurance, also known as two wheeler insurance, covers the insured bike from the loss caused by accidents, theft, natural or man-made disasters. It also protects the insured bike owner from any third-party liabilities that may occur in a road accident.
Two wheeler insurance is a contract in which the insurance firm covers financial aspects related to any loss or damage to a bike. Third party bike insurance is mandatory to everyone owning two-wheelers, under Motor Vehicle Act, 1988. Two wheeler Insurance covers you financially when accidents cause damage to the vehicle by paying for the repairs.
Bike insurance or two-wheeler insurance is an insurance policy that covers you against damages to your two-wheeler due to accidents, natural/man-made disasters, fire, and theft.
Aug 12, 2020 · Two-wheeler insurance is an insurance plan focused on protection and coverage for bikes. It covers the cost of repairs in the case of accidental damages to your bike. Apart from accidents, it also provides financial security from incidents like thefts, natural disasters, vandalism, etc. and third party liabilities.
Buy Bike insurance policy online from New India Assurance to cover against theft, fire, flood and more. Get a free quote for all scooters and motorcycles. हिंदी
A two wheeler insurance policy will cover your vehicle against own damages and third party liabilities. It is indeed necessary to have a bike insurance policy. You can choose from comprehensive bike insurance, third party bike insurance cover and standalone own-damage cover.
