Bike Insurance in Meerut
Bike Insurance in Meerut
Meerut is a city in Uttar Pradesh known for its historical monuments and fast-paced development. Due to the growing population, the number of vehicles on the road has also increased, leading to traffic congestion.
The significant traffic issue causes accidents and other vehicle-related problems. That's why the regional road and transport authority of Meerut has made a third-party bike insurance policy mandatory. This guide will help you understand the best bike insurance in Meerut.
All About Bike Insurance in Meerut and Why You Need One
Bike insurance in Meerut is a two-wheeler policy that protects the vehicle from various unforeseen damages as per the policy condition. It provides financial aid to vehicle owners against various damages.
Different types of insurance for two-wheelers are available, depending on the individual's needs. These include third-party bike insurance policies, standalone own-damage policies, and comprehensive bike insurance policies.
Moreover, since the demand for electric vehicles has substantially increased, motor insurance policies for such vehicles are also necessary.
Problems Faced by Bike Owners in Meerut
Following are the common issues faced by bike owners in Meerut:
Road Accidents: Road accidents are one of the significant issues faced by vehicle owners in almost every part of India, including Meerut. The reason for road accidents can be unskillful drivers, the influence of intoxicating substances, etc.
Traffic Rule Violations: Traffic rule violations are another major issue faced by the citizens of Meerut. This generally happens due to a lack of traffic rule knowledge. Further, vehicle owners in Meerut also take traffic rules lightly, leading to traffic congestion issues.
Poor Road Conditions: This is another issue faced by the vehicle owner due to poor road conditions in Meerut. Potholes, road debris, obscured signs, etc., are common road problems.
Vehicle Skidding: During the monsoon or rainy season, vehicle skidding is another significant problem for vehicle owners in Meerut. This not only causes injuries to vehicle owners but also damages the vehicles.
Tata AIG Bike Insurance in Meerut
Based on the vehicle owner's needs, Tata AIG offers different kinds of bike insurance in Meerut.
Tata AIG Third-Party Bike Insurance
It is the mandatory two-wheeler insurance plan in India which offers coverage against third party damage to vehicles or property by the insured vehicle. This Tata AIG bike insurance in Meerut also offers protection to cover legal costs arising due to accidents.
Key Inclusions and Exclusions:
Third-Party Inclusions | Third-Party Exclusions |
---|---|
Third-party vehicle damage | Own-damage cover |
Third-party property damage | Theft of vehicle |
Legal expenses | Injury to rider |
Riders or Add-ons |
Ideal For: It is mandatory insurance for two-wheelers, ideal for individuals who only need basic coverage.
Tata AIG Standalone Own Damage Cover Bike Insurance
This is another two-wheeler insurance that offers protection to insured vehicles against damage and theft.
Key Inclusions and Exclusions:
Own Damage Inclusions | Own Damage Exclusions |
---|---|
Man-made damages | Third-Party liability |
Natural damages | Geographical restriction |
Accidental damages | Driving without a driving licence |
Theft | Driving under the influence of an intoxicating substance. |
Ideal For: This Tata AIG bike insurance in Meerut is suitable for individuals living in accident-prone areas.
Tata AIG Comprehensive Bike Insurance
This is the bike insurance policy that offers broad coverage to vehicle owners against various damages, including natural disasters, man-made damages, etc. The bike insurance plan also covers third-party and own vehicle damage cover.
Key Inclusions and Exclusions:
Comprehensive Bike Insurance Inclusions | Comprehensive Bike Insurance Exclusions |
---|---|
Personal accident cover | Driving without a driving licence. |
Natural damages | Driving under the influence of an intoxicating substance. |
Man-made damages | Geographical restrictions |
Riders or Add-ons | Ordinary wear and tear. |
Ideal For: This bike insurance policy is ideal for vehicle owners who look for advanced vehicle protection against various damages.
Best Bike Insurance in Meerut: Third-Party Vs Standalone Own Damage vs Comprehensive Bike Insurance
Parameters | Third-Party Two-wheeler Insurance | Standalone Own Damage Two-wheeler Insurance | Comprehensive Two-wheeler Insurance |
---|---|---|---|
Coverage | It offers coverage for third-party and property damages. | It offers coverage for insured vehicle losses and damages. | It offers enhanced coverage against various vehicle losses and damages. |
Legal Compliance | Yes | No | No |
Customisation Benefit | Not Available | Available | Available |
Add-ons or Riders | Not Available | Available | Available |
Premium | Low | Moderate | High |
Key Features and Benefits | Details |
---|---|
Comprehensive coverage | Tata AIG offers comprehensive coverage to policyholders against various natural and man-made damages. |
Quick Renewing or Buying Process | Individuals can easily buy or renew bike insurance in Meerut by visiting our website and following a few simple steps. |
Easy Claim Procedure | At Tata AIG, the claim process is very straightforward. We have 650+ claim experts in our team to offer a seamless experience to policyholders. |
Network Garages | We have a network of 7500+ network garages all across the country to offer cashless repair service to policyholders. |
High Claim Settlement Ratio | Tata AIG has a claim settlement ratio of 99% for the last financial year. |
Best Bike Insurance Add-Ons to Get in Meerut
Emergency Medical Expenses: This is a crucial add-on offered by Tata AIG, where the rider and pillion rider will get their medical expenses covered, such as ambulance charges, hospital bills, etc., in case of an accident.
Roadside Assistance: In this type of add-on, the policyholder will get assistance from the company in case of fuel requirement, dead battery or more.
Consumables Expenses: Under this add-on, policyholders will get vehicle-damaged consumables repaired or replaced.
Depreciation Allowance: This add-on assures policyholders that the vehicle's depreciation cost will not be deducted at the time of claim filing.
How to Buy and Apply for Bike Insurance Renewals in Meerut?
Individuals can buy or renew bike insurance policies from the Tata AIG website by following these listed **Steps.
How to Buy New Bike Insurance in Meerut?
Step 1: To buy the best bike insurance in Meerut, go to the official Tata AIG website.
Step 2: Scroll to the "All Product" section.
Step 3: Next, in the "Motor Insurance" section, click on the "Bike Insurance" choice.
Step 4: Enter the bike registration number and click on the "Get Price" button.
Step 5: The plan price will appear. After that, select the insured declared value from the available options.
Step 6: Include the add-ons in a plan if needed.
Step 7: Review the policy premium price and details.
Step 8: Next, after reviewing, fill out the basic information and upload documents for buying a bike insurance plan.
Step 9: Next, pay the bike insurance policy premium.
Step 10: Upon successful payment, the purchased policy will be sent to the registered email address.
How to Do Bike Insurance Renewal in Meerut?
Step 1: To do a bike insurance renewal, visit the Tata AIG website.
Step 2: Go to the "All Products" section.
Step 3: Next, select "Motor Insurance".
Step 4: Under the option, go for the "Bike Insurance" option.
Step 5: Next, fill out the bike registration number and then click on the "Renew" button.
Step 6: The policy premium will appear. Add or remove any add-ons as per your need.
Step 7: Next, choose the IDV based on requirement.
Step 8: Review if NCB from last year is applicable.
Step 9: After that, fill out the basic details for renewing the policy.
Step 10: Next, pay the bike insurance renewal price.
Step 11: After the successful payment, the renewed policy will be sent via email.
How to File a Claim for Two-Wheeler Insurance in Meerut with Tata AIG
When it comes to filing a claim for two-wheeler insurance in Meerut, Tata AIG offers two claim procedures.
Reimbursement Bike Insurance Claim
Go to the official Tata AIG claim page or contact their representative via email or call.
Notify the representative about the accident. Provide details about the accident, your plan, your vehicle type, etc.
After getting the official request, the company will assign a surveyor to do the vehicle inspection for the damages incurred.
After that, the policyholder can send the vehicle for repair in any of their known garages.
Once the vehicle is repaired, policyholders need to file a claim request by uploading all the documents, such as the policy document, bill of repairs, FIR copy, and more.
The surveyor will also submit the report to the insurance company.
After verifying all the documents, the company will approve or reject the claim request.
If the claim is approved, the reimbursement amount will be processed within a few days.
Cashless Bike Insurance Claim
After the accident, policyholders need to inform the company about the incident within 48 hours.
Ensure to provide all the details about the incident to the representative.
The company after receiving the cashless claim request, will assign a surveyor for assessing the damage caused to the vehicle.
After the successful assessment, the damaged bike will be sent to any nearby network garage.
Once the repair is done, policyholders can take their vehicle home without paying anything. The insurance company will pay the bills directly to the garage.
Documents Needed for Bike Insurance Policy Claims in Meerut
Duly filled and signed claim form.
Driving licence copy.
Vehicle registration copy.
FIR copy if required.
Repair bills.
Any other document asked by a representative.
Tata AIG Cashless Garages in Meerut
The cashless garage offers cashless repair services to policyholders for damaged vehicle repair. Tata AIG has a network of 7500+ garages spread all around the country. Please note that the benefit is only available with the comprehensive bike insurance plan offered by Tata AIG.
To avail of the service, policyholders need to visit the website to locate the nearest cashless garage in Meerut. By entering the city name, e.g., Meerut, they will know the cashless garage available in the city with the address.
Disclaimer / TnC
Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.