• Privacy Policy
  • Contact US
Saturday, September 23, 2023
Daily News Magazines
No Result
View All Result
  • Home
  • Blog
  • Business
  • Hotels
  • Tech
  • Pets
  • Laptop
  • Health
  • Smartphone
  • Exercise
  • Real Estate
  • Sports
No Result
View All Result
  • Home
  • Blog
  • Business
  • Hotels
  • Tech
  • Pets
  • Laptop
  • Health
  • Smartphone
  • Exercise
  • Real Estate
  • Sports
No Result
View All Result
Daily News Magazines
No Result
View All Result
Home News

Bike insurance online: why you need it and where to get it

Gposting by Gposting
11 months ago
in News
Bike insurance online: why you need it and where to get it

Getting bike insurance is as essential as getting a Covid-19 protection mask in the current times. If you are a bike lover, you might know that even a single scratch on it gives you pain and agony. Now, it is well-known that four-wheelers have dominated Indian roads, but bikes still have a loyal customer base. 

Now, the first and foremost step to protect your bike is to ride safely and follow all the guidelines when you are on the road. But, any untoward incident is not in our hands, so this is where bike insurance steps in. Getting bike insurance online is one of the best investments you can make. 

I believe that gone are the days when people used to go physically to purchase vehicle insurance, as with just a few taps on the smartphone, one is good to go. For example, while planning to buy bike insurance online, I went on my go-to application, i.e. Bajaj Finserv and quickly got it within a few minutes. 

Table of Contents

  • What is bike insurance?
  • Why do you need bike insurance?
    • No Claim Bonus/Discount
    • Protection against natural & non-natural incidents
    • Legal liabilities
  • Here is the procedure to get your bike insurance online – 

What is bike insurance?

A bike insurance policy is an insurance policy to cover any damages that may occur to your bike due to theft, natural disaster or an accident. Further, it also protects against third-party liabilities that may arise from injuries to one or more people. 

Like everyone, when I purchased my Harley Davidson Street 750, I looked for the best bike insurance online. I’ve been using the Bajaj Finserv application for over a year for all kinds of recharges, so I came across their ‘Insurance Bazaar’. Well, just a few taps saved me a lot of energy, time, money, and fuel. 

Why do you need bike insurance?

When you buy bike insurance online, it helps you comply with the Motor Vehicles Act 1988, which states that third-party motor insurance is mandatory in our country. However, not every biker pays the same insurance amount, as many factors come into play to determine its cost. 

  • No Claim Bonus/Discount

It is a fact that if, in any policy year, you haven’t made any claim, then at the time of renewal, you’ll receive a substantial discount on the premium payable. This No Claim Bonus is adjusted against the premium.

  • Protection against natural & non-natural incidents

Insurance protects you from the expenses incurred due to damage sustained by your bike in natural disasters like earthquakes, floods etc. Further, it also covers non-natural incidents such as loss and damage due to theft, burglary, strike or even war. 

  • Legal liabilities

If a third party is involved in an accident with your bike, there are bound to be legal liabilities. So, the best bike insurance online protects you against any third-party liability arising from an accident. 

Here is the procedure to get your bike insurance online – 

  1. Download the ‘Bajaj Finserv: UPI, Pay, Loans’ application. It is available on both App Store and Play Store
  2. Sign up with your personal details
  3. On the Home Page, you’ll see the ‘Insurance Bazaar’ section.
  4. Click on Bike
  5. Enter your vehicle registration number and city pin code to get pricing details
  6. Enter Vehicle Details
  7. Get a Quote
  8. Choose the one which suits your budget and requirements. 
Previous Post

False Accusations as per Title IX

Next Post

The Electric Double-Layer Capacitor: A Revolutionary New Type of Supercapacitor

Related Posts

Navigating Organizational Change: A Roadmap to Success – Regina Temple
News

Navigating Organizational Change: A Roadmap to Success – Regina Temple

22 hours ago
Decoding Inflation: Unveiling the Significance of the Consumer Price Index – Kavan Choksi
News

Decoding Inflation: Unveiling the Significance of the Consumer Price Index – Kavan Choksi

23 hours ago
Unlocking Freedom: The Liberation of Decluttering Before Moving – Safe Ship Moving Services
News

Unlocking Freedom: The Liberation of Decluttering Before Moving – Safe Ship Moving Services

23 hours ago
Navigating the New Normal: Business Consulting Services in the Digital Age – Kavan Choksi
News

Navigating the New Normal: Business Consulting Services in the Digital Age – Kavan Choksi

1 day ago
The Hidden Power of Reading: Unveiling the Benefits for Men – Evan Bass Tennessee Men’s Clinic
News

The Hidden Power of Reading: Unveiling the Benefits for Men – Evan Bass Tennessee Men’s Clinic

1 day ago
How SEO Services Shape the City’s Online Landscape
News

How SEO Services Shape the City’s Online Landscape

3 months ago
Next Post
The Electric Double-Layer Capacitor: A Revolutionary New Type of Supercapacitor

The Electric Double-Layer Capacitor: A Revolutionary New Type of Supercapacitor

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Most Popular

Navigating Organizational Change: A Roadmap to Success – Regina Temple

Navigating Organizational Change: A Roadmap to Success – Regina Temple

22 hours ago
Decoding Inflation: Unveiling the Significance of the Consumer Price Index – Kavan Choksi

Decoding Inflation: Unveiling the Significance of the Consumer Price Index – Kavan Choksi

23 hours ago
Unlocking Freedom: The Liberation of Decluttering Before Moving – Safe Ship Moving Services

Unlocking Freedom: The Liberation of Decluttering Before Moving – Safe Ship Moving Services

23 hours ago
Navigating the New Normal: Business Consulting Services in the Digital Age – Kavan Choksi

Navigating the New Normal: Business Consulting Services in the Digital Age – Kavan Choksi

1 day ago
  • Privacy Policy
  • Contact US

Dailynewsmagazines.com @Copyright 2021, All Right Reserved

No Result
View All Result
  • Home
  • Blog
  • Business
  • Hotels
  • Tech
  • Pets
  • Laptop
  • Health
  • Smartphone
  • Exercise
  • Real Estate
  • Sports

Dailynewsmagazines.com @Copyright 2021, All Right Reserved