Comprehensive Two Wheeler Insurance Explained

What Is a Comprehensive Bike Insurance Policy?

A comprehensive bike insurance policy takes care of your own bike’s repairs as well as another party’s losses. The policy also includes the mandatory third party cover. A comprehensive bike insurance policy provides you complete coverage in all unforeseen events thereby ensuring you a stress-ride. It is a mix of third party bike insurance policy and standalone own-damage bike insurance policy and covers you for the following:

• Accidental damage to your bike or third party
• Theft, loss, and damage
• Damage(s) caused by natural calamities

Benefits of Comprehensive Bike Insurance Policy

A comprehensive bike insurance policy comes handy in case of any loss other than accident. For instance, dents on the bike due to a tree falling on it, due to fire, etc. You can avail of the following benefits if you own a comprehensive bike insurance policy:

• Protection for expenses incurred on damages
• Cover against rider’s injury
• Cover against third party liability
• Personal accident cover

Although third party bike insurance policy serves the major purpose of complying with the law, a comprehensive bike insurance policy offers even wider coverage.

Understand how.

Difference Between Comprehensive Bike Insurance Policy And Third Party Bike Insurance Policy

A comprehensive bike insurance policy covers all kinds of damages caused to your bike as well the third party including an individual, vehicle, or property. Whereas, a third-party bike insurance policy only protects you against the damages caused to the third party who is not included in the insurance contract. To understand the difference better, refer to the table below:

After understanding the difference, it is clear that a comprehensive bike insurance policy is more effective than a third party bike insurance policy. This is because it offers you all the benefits of third party bike insurance policy as well as covers you for the damages sustained by your own bike. No doubt that it comes at a higher premium but offers you extended coverage as well.

Now that you know the benefits of comprehensive bike insurance policy, you should also know how to own one for your bike.

How to Buy Comprehensive Bike Insurance Policy Online at InsuranceDekho?

It is a very easy, transparent, and paperless process to buy a comprehensive bike insurance policy online at InsuranceDekho. You can own the policy by following the simple steps given below:

1. Visit www.insurancedekho.com.
2. Click on ‘Bike’ and enter your bike’s number. Then click on the ‘Get your Quotes’. Please enter your bike’s make, model, fuel type, variant, registration year, etc. in case you do not remember your bike’s number.
3. Enter your personal details like Name and Mobile Number. You will find multiple bike insurance quotes displayed on your screen.
4. From various quotes shortlisted for you, select the most suitable bike insurance policy for bike considering your budget and requirements.
5. Pay premium online for the selected bike insurance policy. You will receive the policy document via email.

Conclusion

A comprehensive bike insurance policy is more useful than a third-party bike insurance policy. But the choice lies with you. Irrespective of which bike insurance policy you buy, you should always remember to timely renew it before the expiry to save yourself from a hefty fine.

Read more:

Third-Party Vs Comprehensive Two Wheeler Insurance

Consequences of Driving a Two Wheeler Without Insurance Policy in India

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.