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Planning for Bike Insurance? Then Take Care of things including Additional Coverage and Insurance Renewal

Monali Gupta

New Delhi: If the vehicle is also nearby, then you must insure it. Whether it is a 2 wheeler or 4 wheeler, it is very important to insure you vehicle. Here we will tell you how to insure your car that you will be able to get maximum benefit for the least expense.

Take additional coverage in an insurance policy
You should take facilities like G Depreciation Cover while taking your bike insurance. If you need to claim your bike even after a few years, then there is no problem. After spending a little extra in an insurance policy, you can take additional coverage.

Get Insurance/renew offers on time, also take care
It is very important to renew the insurance of the bike at the right time because if you miss it, you may have to pay a penalty. While renewing at the right time, many times insurance companies can also give you some discounts.

Always get insurance from the same company whose claim settlement ratio is good. This is an indicator of whether the company has settled people's claims at the right time and right way. It is not that you can get a bike insurance from a company that falls on small things and rejects your claim on small matters.

What to do if you have insurance lapses
If the insurance lapses have taken place then an online policy can be taken, under this, make payment through online mode and you can get the policy immediately.

What to do if the bike is damaged in an accident
If your bike is damaged in an accident, immediately inform the insurance company about it. If needed, the insurance company can send its inspector to the place of accident which will assess how much damage has been done. So in such a situation, talk to the insurance company beforehand and do not remove your vehicle from the place of accident for the need.

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