Latest from our Blogs
Car
Bike
Health
Travel
Marine
WC
Fire and Burglary
Featured Blog
What is DTSi or Digital Twin-Spark Ignition and How Does it ...
Bikes are one of the top-preferred transportation modes because they offer ease of navigation in the ever-increasing traffic on Indian roads. There are so many different bikes available in the market that making the right choice becomes tough. One of the things that you need to consider while you purchase a bike for yourself is the engine technology that has been installed in the bike. A good engine technology ensures that your bike offers you a premium riding experience while also saving the environment. One of the technologies that people are preferring is DTSi technology. It is considered to be one of the revolutionary bike engine technologies because it combines a powerful engine with fuel efficiency and lesser harm to the environment. Before we get into the details like the DTSi full form and what is the DTSi engine, there is another aspect of buying a bike — a two-wheeler insurance plan. Driving on Indian roads without valid third-party two-wheeler insurance is illegal as per the law. So, ensure that you at least have a third-party bike insurance plan. A comprehensive bike insurance plan, however, can offer you all-around protection from various mishaps that can occur on the roads. Tata AIG offers different [two-wheeler insurance](https://www.tataaig.com/motor-insurance/two-wheeler-insurance) plans to suit your needs. You can choose the plan after researching and comparing the different plans. Also, if you think that remembering to renew your bike insurance plan yearly is a hassle, you can choose the[ long-term two-wheeler insurance](https://www.tataaig.com/motor-insurance/two-wheeler-insurance/long-term-insurance) plan with which you can insure your two-wheeler for 2 or 3 years.
Latest Blogs
Bike Insurance Endorsement
In India, riding without valid bike insurance attracts a penalty. Many people believe that the term "valid" only refers to the expiration date. But, it also pertains to the information mentioned in your policy document. Assume that a bike's registration number does not match the number on a policy document. Do you believe you can avoid a penalty in this case if the traffic cop stops you? Probably not. Now, this is where the importance of endorsement in bike insurance kicks in.
How To Transport A Bike by Train?
Many people assume that bike transport can be troublesome and tedious, and while this may be true to some extent. There are ways to make it easier. If you are a bike owner moving to a different city or state, consider bike transport by train. The Indian railways offer two forms of vehicle transport by train. You can do this either through luggage transportation or by parcel transportation. Both methods are cheaper and faster than bike transport by roadways. So, if you want to know more about these methods, keep reading.
Does Your Dirt Bike Need Insurance?
There are various modes of transport available in India but the most prominent mode of transport is the two-wheelers. People prefer riding two-wheeler bikes for their style and features. Some people prefer two-wheelers only for a short distance of travel but others are passionate about driving and travel on their bikes to distant areas. hills, valleys, terrains, dust, soil, nothing can stop them from driving a two-wheeler. If you intend to drive your two-wheeler for a longer distance, you can use different types of bikes like the cruiser, the touring bike, sports bike, or the off-road bike which is also known as the Dirt bike. A Dirt bike is the preferred two-wheeler vehicle for bikers travelling to different states, especially in areas with uneven terrain and unpredictable weather. But do dirt bikes need insurance? Let us find out.
Bike Insurance Covers Fire Damage
A bike fire can be dangerous and cause harm to the vehicle and people around. Bikes can suffer damage from fire caused due to an accident, natural calamities, riots, vandalism, and various other reasons. Fire can cause minor damages like burnt seats or wires, or even result in the total loss of the two-wheeler. But, does a bike insurance policy cover fire damage? Here is all you need to know about fire damage protection offered by bike insurance plans.
Compulsory and Voluntary Deductible in Bike Insurance
If you are planning to buy a two-wheeler insurance plan, then it’s vital to consider a few factors, such as the bike’s engine capacity, age, accessories, and everything that impact the premium cost, before you make the final move. Policy deductible is one such essential component that you need to comprehend in apropos of how it impacts the premium cost significantly. An insurance deductible is a component that you need to pay before the insurer compensates you for the loss while you raise a claim against the policy. Although a comprehensive policy comprises most of the expenses, insurance deductibles are the expenses that you need to pay out of your pocket during the claim. There are primarily two types of deductibles included in insurance for 2-wheelers—compulsory deductible and voluntary deductible. As per regulations, all two-wheeler insurance policies consist of a mandatory deductible component in their plans. Therefore, do factor in how much you are going to pay to the insurer before you decide on the right insurance plan.
What Does Bike Insurance Cover? How Much Does It Cost?
If you are an owner of a two-wheeler, you must know that riding your vehicle without a bike insurance policy is illegal in India. The Insurance Regulatory and Development Authority of India (IRDAI) – the authority that regulates insurance companies across India – made it mandatory to have motor insurance in 1988 As India is a populous country and sees the frequent use of bikes, especially in the metropolitan cities, two-wheeler vehicle owners are at a greater risk of accidents and damage. To regulate the number of accidents and protect the rider, the IRDAI passed this directive in the Motor Vehicles Act, 1988. Now, all bike owners have to get bike insurance before they can operate their vehicle. But what does bike insurance have to offer the rider, and how much does it exactly cost?
Is the Entire Two-Wheeler Covered by the Bike Insurance Poli...
A bike insurance policy is a legal requirement in India. Two-wheeler insurance is a general insurance policy, provided by the insurer companies to cover the various costs that can happen to two-wheelers. Buying a two-wheeler insurance policy is mandatory under the Motor Vehicles Act, of 1988. Not only is it obligatory but it also saves you from various financial risks caused by any uncertainty ahead. There are various types of bike insurance policies offered by various companies, and they all provide varied coverage. Choosing the insurance for bike cover can seem like a confusing and daunting task. It is, therefore, very important to know what is covered in two-wheeler insurance available in the market.
Why Is IDV So Important For Your Two-Wheeler Insurance Polic...
For a bike insurance policy, Insurance Declared Value is a crucial factor. The IDV in two-wheeler insurance has a significant impact on the rate of the auto insurance policy, as the premiums paid by the policyholder will be influenced by the IDV.
"Disclaimer: The content of this article is for general informational purposes only and is subject to change. It is based on information available at the time of writing.
Any insurance-related information given above cannot be interpreted as policy coverage. It should not be considered insurance, legal, regulatory, or other professional advice, or a substitute for the terms and conditions of your bike insurance policy.
Bike insurance coverage, benefits, exclusions, limits, eligibility criteria, and other applicable conditions are subject to the terms of the respective policy document. Please refer to the applicable policy document for complete details. Readers are advised to verify the latest information with the relevant authorities or official sources before making any decisions.
Any reference to bike insurance or TATA AIG is for general awareness only and does not constitute an offer, recommendation, or advice to purchase a bike insurance policy from TATA AIG. TATA AIG does not guarantee coverage for any specific claim, loss, or situation based solely on the information provided in this article."
