Here are 3 tips to help you buy the right two wheeler insurance policy.

1. Here are 3 tips to help you buy the right two wheeler insurance policy.

2. Did you know that it is mandatory to have a two wheeler insurance policy to operate your vehicle on Indian roads? Without a valid plan, you could get stopped by cops and penalized with a fine of up to Rs. 2,000 (Rs. 4,000 for repeat offenders) and you could even be jailed for up to 6 months. Not to mention, the plan will also safeguard you from the monetary impact of accidents & other perils that can damage your vehicle. Keeping this in mind, it is extremely important to buy a bike insurance policy for your motorcycle before you begin riding it. Not sure how to how to buy a plan and pick the right policy? Fret not! The following article will give you some important tips that you can follow to get the perfect insurance coverage for your two-wheeler.

3. First, choose the right kind of plan. • Broadly speaking, there are two kinds of bike insurance plans you can choose from. They are third-party insurance & comprehensive insurance. Third party plans are the minimum amount of insurance required to meet the legal mandate in India. They are extremely affordable, offer very basic coverage and do not cover damage caused to your vehicle. They only offer protection against third party liability & personal accident cover in case an accident leads to disability or death of the policyholder.

4. Comprehensive plans on the other hand offer everything that third party plans offer and in additional to that, they also cover damage caused to your vehicle. Comprehensive plans also give you the option of buying add-ons which widen the coverage of the policy. Therefore, if you are looking for affordability, then third party plans are ideal for you. However, if you want complete protection for your vehicle, then it makes sense to get a comprehensive two wheeler insurance policy.

5. Choice insurance provider. • Once you know which kind of plan you want, you need to figure out who you want to buy it from. There are plenty of insurance providers out there, which is why we have highlighted a couple pointers to help you choose the right two wheeler insurance company. • -Good claim settlement ratio: The best two wheeler insurance companies will have a higher claim settlement ratio. This means that they will settle a higher percentage of claims in a year than others. You can check the claim settlement ratios of the various insurance companies online or on the IRDAI’s website.

6. -Network garages: It is always advisable to opt for a two wheeler insurance company with a higher number of network garages. This ensures you are able to get cashless claims facility with ease, no matter which part of the country you are in. • Get quotes. • The next factor you need to look at when choosing a two-wheeler insurance policy is the cost. You can compare the cost of the various plans by applying for instant quotes on the different insurance provider’s website. Input the same detail across insurance companies – this will help you find out which insurance company is offering the cover you want at the lowest possible cost. • These 3 tips should help you find the right insurance for two wheelers. Good luck and ride safe – remember to always wear your helmet!

7. Follow us on : www.facebook.com/iffcotokio/ twitter.com/iffco__tokio https://www.instagram.com/iffcotokioofficial/

8. Visit Here: https://www.iffcotokio.co.in/ For more details : Thank You…