Owning a high-end bike is a tough task. Youngsters go for specifications, performance, and the rate that different dealers offer. After all the comparative analysis, they finally take a call and purchase a bike of their choice. High-end motorcycle calls for service and maintenance cost as well. With the help of insurance, you can avoid a hole on your pocket. And if you go for a sports bike, also known as the Superbike, such as Royal Enfield or Ninja Kawasaki, then the expenses might take a toll.
This is where two-wheeler insurance plays an important role. Now and then, sports bike owners venture out for road trips in the form of a race or an everyday journey. Motor insurance offers the right extent of coverage for your bike. In fact, purchasing appropriate two-wheeler insurance is a must as per the Motor Vehicle Act, 1988. They safeguard your bike from any external harm and handle the minute expenses as well.
Points for bike owners to remember before they purchase the right two-wheeler insurance plan:
1) Custom-made insurance policy: One of the biggest advantages for bike owners is that they get to customise their insurance plan. It is better to double check the plan you are willing to buy keeping in mind the aspects such as sufficient coverage, mileage ranges, liability protection, etc. with regards to the model of your sports bike. You can also negotiate to make the most of the custom-made deal.
2) Privilege discount: Many are not aware that insurance policies carry discounts/offers and additional benefits along with it. Many times, insurance lenders do not even reveal such information to the borrowers, once the later pays the premium. It is one of the primary reasons why the terms and conditions should be read thoroughly.
3) Zero depreciation add-on: It is also known as nil depreciation or bumper to bumper cover in the market. This aspect is particularly famous for a sports bike owner. People who opt for a customised deal, do not get access to this feature of insurance. However, those who go for a regular two-wheeler insurance plan, get the benefit of zero depreciation. It takes care of your sports bike's wear and tears.
4) Medical cover: This facility is useful if you will be using your sports bike for daily commute. In case you get hospitalised, and the bike gets severely damaged due to a road accident, and the motorcycle requires weeks or months to be repaired, then this add-on comes in handy. It will cover all your hospitalisation expenses until you receive the bike.
5) Philon Rider cover: Sachin Tendulkar recently promoted through his campaign how Philon riders require equal attention while riding on the bike. Now you can insure the person sitting behind you, especially in the case of unexpected accidents. Two-wheeler insurance provides medical coverage for your near and dear ones. You can choose a pre-decided loan in this add-on.
Having a sports bike is the in-thing today. However, taking care of your family is ultimately your responsibility. The first step towards that is getting an appropriate two-wheeler insurance plan that secures your bike as well as the future of your family.
This is where two-wheeler insurance plays an important role. Now and then, sports bike owners venture out for road trips in the form of a race or an everyday journey. Motor insurance offers the right extent of coverage for your bike. In fact, purchasing appropriate two-wheeler insurance is a must as per the Motor Vehicle Act, 1988. They safeguard your bike from any external harm and handle the minute expenses as well.
Points for bike owners to remember before they purchase the right two-wheeler insurance plan:
1) Custom-made insurance policy: One of the biggest advantages for bike owners is that they get to customise their insurance plan. It is better to double check the plan you are willing to buy keeping in mind the aspects such as sufficient coverage, mileage ranges, liability protection, etc. with regards to the model of your sports bike. You can also negotiate to make the most of the custom-made deal.
2) Privilege discount: Many are not aware that insurance policies carry discounts/offers and additional benefits along with it. Many times, insurance lenders do not even reveal such information to the borrowers, once the later pays the premium. It is one of the primary reasons why the terms and conditions should be read thoroughly.
3) Zero depreciation add-on: It is also known as nil depreciation or bumper to bumper cover in the market. This aspect is particularly famous for a sports bike owner. People who opt for a customised deal, do not get access to this feature of insurance. However, those who go for a regular two-wheeler insurance plan, get the benefit of zero depreciation. It takes care of your sports bike's wear and tears.
4) Medical cover: This facility is useful if you will be using your sports bike for daily commute. In case you get hospitalised, and the bike gets severely damaged due to a road accident, and the motorcycle requires weeks or months to be repaired, then this add-on comes in handy. It will cover all your hospitalisation expenses until you receive the bike.
5) Philon Rider cover: Sachin Tendulkar recently promoted through his campaign how Philon riders require equal attention while riding on the bike. Now you can insure the person sitting behind you, especially in the case of unexpected accidents. Two-wheeler insurance provides medical coverage for your near and dear ones. You can choose a pre-decided loan in this add-on.
Having a sports bike is the in-thing today. However, taking care of your family is ultimately your responsibility. The first step towards that is getting an appropriate two-wheeler insurance plan that secures your bike as well as the future of your family.
No comments:
Post a Comment