Cashless Two Wheeler Insurance

According to the Indian Motor Act, two-wheeler insurance is mandatory for any individual who wants to drive a vehicle on Indian roads legally. Bikes and scooters being the most preferred form of transportation due to their convenience, reasonable price and low maintenance, it has the maximum number of buyers. A considerable number of accidents reported in India every day, so, it is critical to make sure that you hold a valid two-wheeler insurance document every time you're driving a vehicle. Apart from coverage, insurance companies can also provide cashless claims services, where you can repair your bike at a workshop that is recorded in insurer’s network so that you don't have to pay for the damage/loss caused.

There are two kinds of two-wheeler insurance schemes available.

Third Party Insurance

Third party insurance can protect you if you're involved in an accident. Third party insurance only protects the other person (third party) who got involved in a crash which incurred a legal or medical cost to them.

Comprehensive Insurance

People having a comprehensive insurance coverage can avail the perks of cashless two-wheeler insurance claims which provides a cover to you, the passenger/pillion as well as the vehicle. Additionally, it provides a cover for natural and human-made damages.

More Information on Cashless Claims

Sometimes, it is difficult to get a cashless reparation facility. For instance, if the repairing workshop suggested in your insurer’s network list is not available in your region, you'll have to pair for all the repairs at the garage and you can claim a refund later from your insurance provider. You can also buy two wheeler insurance online. There are competitive comparison websites, which make it simpler for you to pick a website based on your requirements. Going for the maximum coverage possible is beneficial. Other things such as claiming, policy renewal, changing the address etc can be done online as well.

For making a two-wheeler insurance cashless claim, you must follow the steps described below:

• Write down the registration number and details of the third party who was involved in the accident

• Get contact details of witnesses if there are any

• Inform your insurance company regarding the accident at the earliest and then get help from the customer service team.

• File an FIR in the closest police station and get a copy of the FIR

• After your claim has been recorded, the staff of the insurance company staff will contact you and request you to provide all the necessary documents

• The official will give you an estimate of the expense of the damage occurred.

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