Tips to Buy Bike Insurance Online

Ever since the COVID-19 pandemic, a large number of businesses have moved their processes online. The insurance industry is one such sector where companies have focused on moving their business online, as continued lockdowns across India have put a halt to in-person meetings.

However, buying insurance online can be a complex process for people who are not very tech-savvy. Many people are also sceptical about buying any goods or services online. In this article, we’ll list some tips that can be very helpful while buying bike insurance online.

While the above points will be helpful to buy bike or two-wheeler insurance online, you should also be aware of a few steps you can take to reduce your online bike or two-wheeler insurance premium cost.

Clean Driving Record

Individuals who have a clean driving record and no traffic offences will be able to get lower premium rates compared to people who have gotten into accidents or have multiple traffic offences. The reason people with clean driving records get cheaper premiums is that they are considered to be at a lower risk for accidents.

Install Anti-Theft Device on Your Vehicle

If you install an anti-theft device on your bike or two-wheeler, you will be eligible for a discount from your insurance company. An anti-theft device decreases the risk of theft, hence the insurance companies provide a discount. However, make sure the anti-theft device has been approved by the Automotive Research Association of India (ARAI).

No Claim Bonus

When you do not claim any amount on your bike insurance for the period of one policy year, you are eligible for a no claim bonus or NCB. Make sure you use your NCB to get reduced premium rates when renewing your policy. You can also get an NCB certificate from your insurance company if you are planning to move to a different insurance provider.

As insurance companies have taken their businesses online, getting a bike or two-wheeler insurance has become an easy and hassle-free process. If you are looking to buy a bike or two-wheeler insurance, you can check out the various bike insurance plans available on Bajaj Markets and take advantage of benefits such as 24x7 roadside assistance, swift claim process, affordable premiums and much more.