National Own Damage Bike Insurance

Two-wheeler insurance offers protection for both the insurance holder and the two-wheeler in case there is an unfortunate event. It does this by offering compensation to the policyholder in times of crisis and thereby giving financial stability to them. An own-damage insurance cover will take care of the own-damage costs of the two-wheeler in the event of a mishap. Moreover, it will provide this coverage in many different scenarios including cases of vandalism, theft, road accidents, natural and manmade calamities, fires and explosions. Moreover, when paired along with a compulsory third party insurance cover it is sure to provide an all-around protective layer for the two-wheeler and the insurance holder. Since the uncertainties of the road are always constant anxiety for every two-wheeler rider and their family, this insurance will also offer a certain peace of mind.

Standalone Own-Damage Insurance V/S Third Party Insurance V/S Comprehensive Insurance

What is Covered Under a National Standalone Own-Damage Policy?

Following are the aspects that are covered under a National standalone own-damage two-wheeler insurance policy:

• If there is an accident that involves the two-wheeler.
• An explosion or fire that causes damage to the two-wheeler.
• Theft of the two-wheeler or cases of damage that is beyond repair.
• If there is a natural or manmade calamity that damages the two-wheeler.

What is Not Covered Under a National Standalone Own-Damage Policy?

Following are the aspects that are not covered under a National standalone own-damage two-wheeler insurance policy:

• Electrical and mechanical breakdowns that cause damage to the two-wheeler in some way.
• Misuse or illegal driving of the two-wheeler that causes damage to it.
• Depreciation of the two-wheeler because of normal wear and tear over time.
• Mishaps that occur in the boundaries of the country.

Following are the benefits of purchasing a National Two-Wheeler Insurance Policy:

• An own damage cover that takes care of own damage costs in the event of a mishap for several possible circumstances.
• No Claim Bonus is offered for every claim-free year. Moreover, the reward is cumulative in nature, i.e., it becomes higher with every consecutive year.
• Own-damage covers offer add-on covers that can make a significant difference to the coverage of your insurance policy.

How To Purchase a National Standalone Own-Damage Policy?

Following are the steps you need to take to purchase a National Two-Wheeler Insurance Policy:

Step 1: Visit the InsuranceDekho website and select the two-wheeler insurance option from the home page.

Step 2: You can either enter your two-wheeler’s registration number or its make, model and year of registration in the given section.

Step 3: Provide your personal information,i.e., your name and phone number in the provided section. Once entered click on the ‘Submit and Get Quotes’ button.

Step 4: The quotes from all the different insurance providers of India will be visible on your screen. Simply select the one offered by National General Insurance and any add-on covers you would like to purchase with it.

Step 5: The National two-wheeler insurance policy document will be sent to your registered email ID after you make the payment for your selected policy.