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Now renew your bike insurance online!


It’s very common for a bike user to forget to renew his motorcycle insurance and sometimes not even realise it unless he gets a reminder from the insurance company or gets fined by traffic cops. Now motorcycle owners can also renew their policy online in just a few easy steps. You simply need to enter some basic details online, quote, pay and renew your bike insurance in the time it takes to make a cup of tea.

Why insure online?

Why to insure motorcycle online, some main reasons –
1. Convenience
2. Time Saving
3. Security
4. Discounts

What’s on Offer?

Some popular websites from which you can online renew your bike insurance.

Portals

HDFC Ergo Excellent
ICICI Lombard Good
Bajaj Allianz Good
New India Assurance OK

Type of coverage Comprehensive
What we like
– Transfer all No Claim Bonus (NCB) benefits
– Avail add-on covers and other discounts like AAI and ARAI
– Old bikes (up to 10 years old) can be insured online
– A digitally signed policy is issued immediately
– Optional Personal Accident cover for co-passengers
– Avail NCB on renewals if no claim is made during the previous policy period
– Pay premium in instalments without any extra charges (ICICI Lombard)
What we don’t like
– No third party only coverage
– No renewal if you had claim in the past (in some portal)

Source: PolicyWala Research