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 –
2. Time Saving
What’s on Offer?
Some popular websites from which you can online renew your bike insurance.
|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