5 Essential Factors to Compare Two-Wheeler Insurance Online
Two-wheeler insurance, also known as bike insurance, covers you and your bike from third-party liability and due to accidental collisions, natural disasters, arson, protests, and theft. The two most important points to consider before purchasing insurance for a bike are the incentives and the premium rate. Comparing bike insurance premiums is a good place to start if you're buying a bike insurance package or looking for a new insurance provider.
With the variety of plans on the market, it's a good idea to compare and apply for bike insurance online. When you compare two-wheeler insurance policy online, you can determine the one that offers the best coverage and offers the most affordable premium rates. Since all these plans are available online, comparing bike insurance is simple and comfortable. However, there is more to comparing two-wheeler insurance online.
Five crucial considerations when you buy bike insurance online
Here are the essential factors to consider when making a comparison for buying new bike insurance online:
- Coverage in comparison to the premium
When comparing policies online, don’t just look at the price of the insurance. Instead, compare the offerings of the policy with respect to the premiums to be paid. Examine the various plans and select one that offers your bike adequate coverage for various damages. Do a two-wheeler insurance price analysis and buy the bike insurance that offers the most comprehensive coverage within your budget.
As a practice, look at more policies of two-wheeler insurance online to compare one that gives you an ideal combination of adequate coverage and cost-effectiveness.
- The available add-ons
Add-ons are additional covers offered by your bike insurance company that help you extend the coverage of your bike insurance so that damages to specific parts of your car, such as the engine, can be covered, even though your base insurance policy does not provide for it. They can be added to the policy for an extra cost that will also increase the premium amount.
Tata AIG provides add-ons such as These include Engine Protect, Key Replacement, Roadside Assistance, Depreciation Allowance, Return to Invoice, and much more. It is important to remember that the inclusion of too many add-ons to your policy can lead to hefty premium payments, but with the right mix of add-ons, you can save a lot on the damages caused to your bike.
- The preferred garage network
The insurance company's network of cashless garages in India is a significant factor that will help you have your bike fixed without any hassles. Moreover, the cashless settlement of your two-wheeler insurance claim becomes easier if you have your bike repaired at your insurance provider’s network garages. Not only can you avoid paying for the damages out of your own pocket, but you can also save some money since the payment is directly handled by the insurer.
Tata AIG has over 3000 network garages that provide efficient and seamless bike repair services in times of need.
- Quality of service
While choosing a service provider, always consider the quality of the customer service as it will help you get quick and easy resolutions to your grievances. At TATA AIG, we ensure that our customers’ queries are treated with utmost urgency, so that experience of buying bike insurance is not just limited to the purchase!
Since comprehending insurance plans may not be everyone’s cup of tea, our service teams are always present, online as well as offline, to resolve your queries. Be it selecting an appropriate plan that caters to your needs and budget or the process of filing a claim, we are more than willing to extend a helping hand to you.
- Discounts available on the purchase
Apart from being quick and easy, the online purchase of bike insurance comes with another perk - discounts. Discount rates differ between policies; therefore, you need to choose the package with the highest discount rate if you want to get the most suitable deal on your bike insurance. With the help of a free two-wheeler insurance calculator, you can determine the exact premium cost of the insurance policies to help you save on your insurance premiums.
Bike Insurance by Tata AIG
Tata AIG has got you protected if you're looking for two-wheeler insurance online, annual two-wheeler insurance renewal, or third-party insurance for two-wheelers. Our bike insurance calculator helps you in comparing two-wheeler third-party and comprehensive insurance premiums. That way, you need not have to worry about inadequate coverage for your bike or end up with hefty premiums that go beyond your means. And with the TATA AIG bike insurance renewal online, we can assure you of a quick and transparent process.
Getting bike insurance with TATA AIG is a streamlined, quick and paperless process, and that is something we can assure you of. If you buy a bike insurance policy based on the criteria mentioned above, you can get a suitable policy that fits the needs of your bike. So, familiarise yourself with these parameters before you renew or buy a bike insurance policy.
Quick FAQs regarding bike insurance comparison
- How do I compare bike insurance?
You should compare the offerings of two or more 2-wheeler insurance plans online. Tata AIG offers online two-wheeler insurance with a host of beneficial add-ons to boost your comprehensive bike insurance policy.
- Which insurance is best for 2 wheeler?
Based on your research and requirement, a robust bike policy that protects your bike against damage and allows you to expand your coverage with a variety of add-ons should be an ideal choice.
- Which type of bike insurance is best?
Because of its coverage scope, a comprehensive scheme is considered the best two-wheeler insurance policy because it includes both obligatory third-party liability insurance and Own Damage coverage. You may also add appropriate add-ons to enhance the plan.
- Which is better 2nd party insurance or comprehensive 3rd party?
There is third-party bike insurance and comprehensive bike insurance. Comprehensive insurance is preferred because not only is it more customisable than third-party insurance, but also because it provides an Own Damage (OD) bike insurance cover to the policyholder, apart from the legally mandatory third-party insurance.