A proper 2-wheeler third-party insurance is a must-have to drive on Indian roads. If you are caught without proficient third-party insurance, you will be subject to a fine of more than Rs. 2000 and even imprisonment for several months. To avoid such hassles, make sure to purchase the right insurance according to your requirements. The majority of insurance providers offer their applications online. Making your purchase of bike insurance online can be quite beneficial for you.
Here is a list of 5 advantages of getting two-wheeler insurance online. Keep reading to know more!
1. Save time and less paperwork
You can save time by purchasing two-wheeler insurance online. The days are long gone when you had to go to an insurance provider and stand in a line to buy an insurance policy. With the rise of the internet, buying an insurance policy is now as simple as a few clicks. You can buy an insurance policy at any time and from any location.
You must go to the insurance provider’s official website, look through the available policies, and pay for the one that fulfils your requirements. Because the entire purchasing process is done online, two-wheeler insurance online requires little to no paperwork. It does not necessitate the use of photocopies of documents. It is the most straightforward method of protecting your vehicle against unexpected events.
2. You can compare policies online
One of the most significant advantages of getting insurance online is the chance to compare various policies before buying one. So, if comparing policies online, you can look at things like the incurred claim ratio, the coverage offered, the premium, and so on. Furthermore, such a comparison will allow you to save a significant amount on premiums.
You can receive an online quotation by contacting an insurance broker or aggregator, which will also assist you in selecting the best policy for your insurance needs. You can also compare it with two wheeler third-party insurance service providers. You can also read the reviews left by others who have bought the same policy. These online reviews assist you in deciding whether or not to buy the policy.
3. Buy policy at competitive rates
Buying two-wheeler insurance online allows you to get it at affordable rates. You pay less because there are no intermediary fees associated with the purchase. A certain amount is paid to the agents by the insurance companies when you buy an insurance policy offline, which is ultimately paid for by you. However, when you buy insurance for two-wheelers online, you’re paying a lower premium since the insurance company saves on overheads and other expenses.
4. Ease of policy renewal
Two-wheeler insurance policies can be purchased and renewed online with relative ease. Many insurance companies also have mobile apps that make it easy for clients to buy and renew their bike insurance policies. Given that all of your policy details are stored in their central database, the renewal process is simple and quick. That is all. Renewing your 2-wheeler third-party insurance is very easy.
5. Add-ons are available at a single click
When you consider buying two-wheeler insurance online, you could even add optional riders to your policy in a minute. You can also use the two-wheeler insurance premium calculator to calculate the amount of premium you will pay. Coverage for accessories and spare parts, zero depreciation, and personal accident cover to protect the pillion rider are some of the most popular covers picked by insurers. You can purchase these riders for a small fee to increase the level of protection for your two-wheeler.