What to Do When You Lose Your Two-Wheeler Policy Document
- Author :
- TATA AIG Team
- Published on :
Have you lost your bike insurance documents? Don’t panic; just follow the steps mentioned in this article. Bike insurance policy documents are some of the most important documents that we keep safely to ensure that they do not get lost. Although losing these documents is not a common occurrence, sometimes these things happen. There can be a case where you lose your two-wheeler insurance policy. You have searched it everywhere, and yet you cannot find it.
If you’re wondering what to do now, you have one solution. You can request your insurance company for a duplicate bike insurance document. But, getting the document is not as easy as it seems. First, you need to take some steps to get a duplicate two-wheeler insurance document from your insurer.
But, before you take these steps, it is important to understand what happens when someone loses their two-wheeler insurance papers.
What Happens If You Lose Your Bike Insurance Documents?
It is essential to carry the insurance for your bike when driving your bike on the road. Having at least a third-party vehicle insurance is mandatory under the Motor Vehicles Act, 1988. In case you lose your policy document, it is advisable to stop using the vehicle until you get a duplicate insurance policy. If you are found riding your bike without an insurance policy, you can face a fine of ₹2000 for a one-time offence and ₹4000 for repeated offences.
If you are involved in an accident without a valid insurance policy, you will have to pay for the damaged and injuries caused to the third party from your pocket. Hence, it is important to request and get duplicate policy documents before driving your bike on the roads.
What are the Preventive Measures That You Can Take?
One of the preventive measures that you can take is having a soft copy of your policy document. Physical copies are at risk of getting lost, misplaced, and damaged due to natural and manmade disasters. Therefore, many insurers have provided the facility of buying bike insurance online to get a soft copy of the insurance document in your mail. You can even do the renewals online from the comfort of your home.
Moreover, at Tata AIG, we provide the facility of buying long term two wheeler insurance. With long term two-wheeler insurance, you are saved from the hassle of renewing your policy every year. You can buy a policy for two or three years which makes it easier for you to secure your vehicle in the long term.
Steps to Get a Duplicate Bike Insurance Policy Offline
If you have lost your two-wheeler insurance document, here are the steps that you can take to get a duplicate one.
Filing an FIR: Most insurance companies ask for a First Information Report when losing your two-wheeler insurance policy document.
Publish an advertisement: You must issue an advertisement in the newspaper circulated at the place where the documents are lost stating that ‘I lost my bike insurance papers’. You must mention the policy number, your name, the name of the insurer, and your contact details.
Sign an indemnity bond: An indemnity bond is one of the last documents you need to submit to your insurer for getting a duplicate bike insurance policy.
Submit the documents: After you have these documents, you are ready to apply for a duplicate two-wheeler insurance document. The application to the insurer should mention the policyholder name, policy number, issuance date, type of policy opted for, etc. In addition, you must attach a copy of the FIR, advertisement, and indemnity bond with the application.
The process of getting a duplicate bike insurance policy is lengthy and time-consuming. However, with digitalisation, the process of getting a copy of your insurance document online has become an easy process. Therefore, even if you purchased a policy offline, you could easily get a duplicate policy online in a few steps.
How to Get a Bike Insurance Copy Online with Tata AIG?
You can request your insurance to send you a duplicate insurance copy by mail for immediate assistance. Here are the steps that you need to take to get a duplicate policy online:
-Visit the insurer’s website: The first step that you need to take is visiting the official website of Tata AIG.
-Log in to your account: After you visit the Tata AIG website, you can log in to your account on the website. You can log in using details like your policy number, ID number, registered mobile number, or registered email id.
-Download the policy: After logging into your account, you will see the insurance policy you purchased. You can simply download the duplicate copy of your insurance policy. The bike insurance copy download will only take a few minutes. You may receive the insurance document by mail with a copy of your insurance document. You can download the insurance copy from there.
Tips to Follow If You Have Lost Your Bike Insurance Policy Document
Here are some of the tips that you can follow if you lose your two-wheeler insurance policy:
The first thing that you need to do is search your home, office, and vehicle thoroughly. There is a high probability that you changed the location of your policy and forgot about it, or it has fallen somewhere.
If you cannot find the documents, it is advisable to stop using your vehicle before you get duplicate documents or you find them. If you are found driving without these documents, you might face heavy fines.
If your insurer offers the facility of buying bike insurance online and online renewals, you can download the policy document from the insurer’s website.
To Sum It Up
A bike insurance policy is essential to secure yourself financially when driving on the road; a two-wheeler insurance policy is essential. Losing your two-wheeler insurance document can be daunting, but you can get a duplicate insurance policy in a few steps. Also, now that you have the answer to the question, ‘how to get insurance copy online’, you can use the steps for insurance policy download from the server of your insurer.
At Tata AIG, we offer a wide range of bike insurance policies, including third-party two-wheeler insurance, standalone own damage cover, and comprehensive two-wheeler insurance policy. You can simply buy a two-wheeler insurance policy from our official website in a few steps. Also, we offer 24x7 assistance if you lose your policy or face any other difficulty in buying or renewing your policy online.
Disclaimer / TnC
Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.