A 2 wheeler insurance policy is a mandatory requirement and if you have a bike which you love. The Motor Vehicles Act, 1988, directs that every two-wheeler (or any other vehicle for that matter) should have a valid third party insurance policy.
Here are 5 tips to avail the best two wheeler insurance quotes:
- Pick the add-ons wisely:
In order to enhance the value of your policy, insurance policies provide its policyholders with additional benefits in the form of add-on covers. In the case of a two wheeler insurance policy, the add-ons provided are zero depreciation, roadside assistance and so forth. The more covers you opt for, the more is the rate of the premiums. Therefore, select the add-on covers only as per your vehicle’s requirements. Check to see what Bharti AXA is offering.
- Utilize the accumulated bonus:
Popularly known as No Claim Bonus (NCB), the insurance companies provide its customers with the NCB benefits if they haven’t made a claim for a long period of time. When you receive the NCB benefits, utilize those at the time of insurance renewal. Since NCBs are progressive in nature, the rebates on every consecutive claim-free year increase. In order to get the best two-wheeler insurance quote, make use of it during the renewal. Bharti AXA has amazing claim bonus policies.
- Renew the policy on a timely basis:
Since most of the two wheeler insurance is provided for a period of 2-3 years, it needs to be renewed on or before the expiry date. Failure to renew the policy leads to higher payments of premium. If you miss the renewal of your policy, you will not only be unable to compare the different policies but also be incompetent to select the best quote. In order to prevent high premium prices, remember the expiry date and renew your policy a day prior to its date.
- Compare multiple policies:
If you want to get your hands on the best policy, it is advisable to compare different plans in order to find the best one. Visit Bharti AXA General Insurance website and start comparing the various two wheeler insurance policies offered. However, do not just finalize a policy because of its low premium. Consider the coverage, features, and benefits in order to get the best policy.
- Maintain a good record of riding:
A policyholder with good riding skills is more likely to avoid risks of accidents. The lesser the risks of riding, the lesser is the need for claims. If a policyholder does not make any claims, then NCBs are higher.
Now that you know these tricks and twists to get the best two-wheeler insurance quotes, what are you waiting for? Another way of ensuring that you have the best quote is by opting for long term two wheeler insurance. Investing in the long term insurance covers you for a period of 3 years without the hassle of renewing the policy several times. Bharti AXA makes provision for the best quotes.
