The 30s is the time to be stress-free. Chances are, by now, you would have found a career that suits you, you would be earning more than ever and you could be well-settled with a family – this is a time to not take any risk that can be avoided. Not having a proper bike insurance is one such risk. Getting two-wheeler insurance online or offline is easy. But what’s important is finding what gives you ample cover. Let’s look at the different types of insurances available first,
Third-party insurance for bikes
This is the more money-saving option. Third party insurances for bikes tend to have less premium compared to other plans. But at the same time, as the name suggests, these only cover the third party involved in an accident. In short, this third party insurance for bike cover damages that the insured’s vehicle caused to another vehicle or property, or an injury to a third person involved in an accident. It doesn’t cover the cost of repairs to your bike.
Comprehensive insurance for bikes
A comprehensive insurance plan covers damages to a third party as well as you and your vehicle. Coverage includes the cost of repair of your vehicle and the third party’s vehicle, and your medical expenses and third party’s medical expenses. It is always advisable for people in their 30s to get a bike insurance that gives complete protection, especially if you usually ride with a pillion. Coverage for pillion riders could be complex in the case of third-party insurances but in comprehensive insurance plans, there will be proper coverage included. This gives you and your family complete protection. Comprehensive plans tend to have a higher premium than a third-party insurance. Using two wheeler insurance premium calculator available online, you can find out how much it will cost you. * Standard T&C Apply
Add-ons in insurance
Comprehensive insurance usually has all the add-ons included. But in case you want to go for a third-party insurance with only certain bonuses, you can try add-ons. Common add-ons available are –
- Roadside assistance cover – This add-on will cover expenses incurred if you get stuck in the middle of the road due to a bike issue.
- Cover for stolen key– With this add-on, you can claim for the expenses incurred by your bike’s key being stolen.
- Consumables Cover – This add-on gives coverage for all the consumables that need to be replaced in your bike, like engine and brake oil.
- Passenger Assistance Cover – This add-on will extend your insurance for your pillion rider as well.
* Standard T&C Apply
Choosing the right insurance for your bike
With options plenty, figuring out what bike insurance works for you can get tough. Proper research is always recommended. But finding two wheeler insurance online is easy. Go to one of the insurance provider’s websites and follow the steps after registration to get your insurance ready in minutes. You can always use two wheeler insurance premium calculator available on these websites to find what you can afford. But it is always advisable to choose an insurance policy that covers you, your vehicle, and your loved ones completely.
Remember that Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms and conditions, please read sales brochure/policy wording carefully before concluding a sale.