Organisation : HDFC ERGO General Insurance Company Limited
Facility Name : Two Wheeler Insurance Renewal
Website : https://www.hdfcergo.com/two-wheeler-insurance
What is HDFC ERGO Two Wheeler Insurance?
Two wheeler insurance or bike insurance covers you from the damages owing to accidents, natural calamities, theft, and burglary. It acts as a safety net for your valued two wheeler and protects you from the financial loss and liabilities as consequences of an unfortunate event such as an accident with a third-party vehicle, person, and property.
Buying two wheeler insurance online from HDFC ERGO is very simple and can be bought in no time. With our vast range of plans, you can buy a bike insurance policy that best suits your need. Isn’t that convenient in today ‘s time!
How To Renew HDFC ERGO Two Wheeler Insurance?
To Renew HDFC ERGO Two Wheeler Insurance, follow the below steps
Step1: Visit the website of the insurance provider and select renew the policy.
Step 2: Enter details, include or exclude add-on covers, and complete the journey by paying the premium online.
Step 3: The renewed policy will be mailed to your registered email-id.
Note:
The two-wheeler insurance policy will be sent to your registered email address or via WhatsApp.
Why Do You Need Two Wheeler Insurance Policy?
In the last decade, India has witnessed a tremendous sale of Two-wheeler units where the sale reached 21 million units in the year 2019. The numbers are quite descriptive for the volume of Two-wheelers in the country.
With so many two-wheelers on the streets of the city will certainly create chaos and accidents so accidents are bound to happen and that is the reason why the Indian government has mandated the purchase of Third-party bike insurance at the time of purchase so that you and your damage is covered financially in case you run into a third party vehicle or someone bumps into you.
How To Save On Two Wheeler Insurance Premium?
In the recent year the purchase of Two wheeler insurance policy has shown a tremendous increase due to the latest law by government failing to which can lad to heavy penalty or imprisonment. Third Party insurance premium is fixed by IRDAI which depends on CC of your bike. Premium of other insurance for two wheeler are depends from company to company and the amount depends on various factors such a design, milage, and price etc. However if you still looking to save your two wheeler insurance premium, here’s how it can be done.
1.Maintain a clean driving record
2. Opt for higher deductibles
3. Avail Add-ons
4. Securiy Device installation
5. Opt for higher deductible
6. Compare two wheeler insurance online
How to Buy or Renew Second-hand Bike Insurance?
Two-wheelers are a prevalent mode of transportation in India as it’s pocket friendly and easy to commute. However, people prefer to travel in their own transportation and for those who couldn’t afford their bike a second-hand bike is a good option. An essential part of buying a used bike or a scooter is second-hand bike insurance.
Unfortunately, many fail to insure their bike or transfer bike insurance. Like regular motor insurance, second-hand two-wheeler insurance protects you from damage and losses caused to a third party or yourself while riding your pre-owned bike. Also, you cannot be sure of the wear and tear the vehicle has suffered in the previous owner’s hands.
Before buying second-hand bike insurance, remember the following things:
** Ensure the new RC is in the new owner’s name
** Check the Insured Declared Value (IDV)
** If you have an existing bike insurance policy, get the No Claim Bonus (NCB) transferred to get a discount
** Choose from several add-on covers
We offer you a comprehensive policy that meets all your concerns. In addition, the insurance plan covers for various benefits to keep your finances safe against unforeseen events relating to your two-wheeler.