There are a few experiences that one simply cannot put in words. They must be experienced. Taking your bike out for a road trip definitely makes it to the list. Putting your safety gear on and munching miles is an experience in itself. And the thrill and excitement multiply several folds if you have a convoy of bikes along with you.
If you are a road-trip enthusiast, the chances are high that you would be hitting the highway more often than not. You would be exploring new roads, new terrains, twisty roads up and down a hill, and so on. Amidst all this excitement, there is one small yet significant thing that you should not forget, insuring your bike.
Reasons to Insure Your Bike
For the tripping enthusiast in you, ensuring the bike is way more important than anyone else. And here are some of the major reasons to do the same.
1. Opt for the Protective Shield
While on the road, there are two major things that will keep you safe and secure. Your safety gear plays the primary role and your two-wheeler insurance plays the secondary role. In the event of any glitches during your journey, you can reach out to any of the network garages associated with your insurer.
2. Be Informed about the Personal Accident Coverage for your Bike
You get access to a personal accident cover of Rs. 15 lakhs when you buy two-wheeler insurance. Should anything unexpected (accident leading to disability/death) take place during the journey, the policy will provide financial support. However, there are still many who prefer going to a personal injury attorney for help with their case so they are able to get compensation.
3. Choose Appropriate Add-Ons
For example, if you are a bike enthusiast, the probability is high that you would have added a few accessories to your bike to make your trips a tad smoother. For all the electrical and non-electrical accessories, you can opt for Accessories cover add-on covers. In the event of any unforeseen incident, the policy will take care of the accessories. Zero Depreciation, Roadside Assistance cover, etc. are some of the popular Add-ons.
4. Check other Benefits
If you complete a year of a policy without making any claims, you can benefit from the No Claim Bonus. The discount is applicable on the own damage component and starts with a minimum of 20%. It is cumulative in nature and goes all the way up to 50% or five consecutive years.
5. Opt for Hassle-Free Renewals
Bike insurance renewal can be a concern for people who do not have an existing policy. However, for the ones who do already have a policy, you can opt for a short-term or long-term bike insurance renewal. Quite a few insurers are now offering long-term policies, where you can opt for a 3-year policy. Ensuring that you are not bothered with policy renewals for three consecutive years. And a single certificate would be valid for three years, making it that much more convenient.
Choose the Appropriate Type of Two-Wheeler Insurance Policy
When you are on the lookout for two-wheeler insurance, there are two options to choose from. You can either opt for a third-party liability policy or a comprehensive plan. The former is a regulatory need and offers minimal coverage. It would come in handy if a policyholder were to meet with an accident that involves other properties or individuals. However, this doesn’t cover your vehicle for damages. Thus, it makes more sense to buy a two-wheeler insurance policy in a comprehensive manner that covers own vehicle damages as well!
Don’t forget though, that if you are involved in an accident then getting the help of a law firm (such as Chudleigh Law), they can deal with the legal side of things, whilst you can just focus on recovering from your accident. Just make sure that you have the right insurance though, as this will make dealing with things like this a lot easier.
A comprehensive plan is a more complete package. It comprises the third-party liability policy and adds its own damage component. Meaning, that you can claim damages to your bike as well. This makes for a more compelling buy for the road-tripping enthusiast.