Mopeds, motorcycles and other two-wheelers are significant forms of transportation, particularly in urban areas where many people are buying two-wheelers to avoid gridlock and blocked roads. In addition to saving you time and getting you where you’re going faster than other forms of transportation, two-wheelers are also far less expensive than cars. They are also inexpensive to maintain and easy to afford because of their low maintenance costs.
Buying bike insurance is essential if you want to make sure that your ride is protected in the event of an accident. Before making a purchase, you must fully understand your two-wheeler insurance policy, including its inclusions and exclusions. Make sure you always do the process of bike insurance renewal on time. We’ll discuss a few things your two-wheeler insurance might not cover.
- Speeding: Among riders, adrenaline rush is almost as common as brakes, at least to a significant degree. Speeding-related losses or damage may not be covered by two-wheeler insurance.
- Riding Someone Else’s Bike: If someone else rides your bike, there won’t be any damage or loss to the vehicle. The insurance company will pay for repairs if the vehicle’s owner is involved in an accident; however, if the bike was lent to someone else, the cost of repairs will not be covered.
- Value Reduction: Wear and tear, repairs, usage, or servicing-related value reduction is not anticipated by two-wheeler insurance.
- Electrical Or Mechanical Failures: Two-wheeler insurance will not cover mechanical or electrical
- Key Loss: Your insurance provider will not cover you if you misplace or forget your two-wheeler’s keys and they are taken, resulting in the vehicle being reported stolen.
- Unauthorised Riders: Unauthorised riders will not be covered for accidents. You must provide the names of all potential two-wheeler riders when you purchase the insurance policy. The insurance will not cover loss or damage from an unauthorised rider using a two-wheeler.
- Outside India: Two-wheeler insurance will not cover damage or loss incurred while riding outside India.
- Invalid Licence: If the rider does not have a valid driving licence or is a minor, two-wheeler insurance will not pay for any losses or damages resulting from accidents.
- Natural Disasters: Two-wheeler insurance does not cover damage, loss, or injury to the rider resulting from natural disasters like earthquakes or tsunamis or man-made issues like terrorism, riots, or wars.
- Drugs/Alcohol: Vehicles lost or damaged while the rider was under the influence of drugs or alcohol may not be covered by two-wheeler insurance.
- Nuclear Activities: Two-wheeler insurance does not cover damage or loss resulting from nuclear or radioactive activities.
- Not Wearing Helmet: Two-wheeler insurance will not cover injuries sustained by the rider or damage to or loss of the bike resulting from helmet wear.
Understanding the exclusions of your bike insurance is essential for responsible and informed ownership. By recognising what your policy does not cover, you can take proactive steps to fill potential gaps in coverage. Being aware of exclusions lets you make well-informed decisions regarding your bike’s protection. Remember that while bike insurance online offers vital security, comprehending its limitations is equally crucial to ensure you have the coverage you need when you need it most. *
* Standard T&C Apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.