2 wheeler insurance

2 wheeler insurance

Ride with Confidence:
Insure with SFIC!

Pointers for Starting 2 Wheeler Insurance :

What is 2 Wheeler Insurance ??

2 Wheeler Insurance provides financial protection against physical damage, theft of the vehicle, and liabilities that could arise from accidents involving a motorbike or scooter. It is essential for any two-wheeler owner to mitigate the costs associated with mishaps on the road.

Benefits of 2 Wheeler Insurance

2 Wheeler Insurance offer several benefits:

FAQ on 2 Wheeler Insurance

Find expert answers and clarity on all your 2 Wheeler Insurance – related questions in our dedicated FAQ section, tailored specifically for our 2 Wheeler Insurance offerings.

Generally, you need a duly filled claim form, RC copy of the vehicle, driving

Yes, you can transfer your insurance policy to a new vehicle, but you must inform your insurer and adjust your coverage accordingly.

Increase your deductible, install anti-theft devices, avoid small claims, and maintain a clean riding record.

Engine damage is generally not covered unless it is due to an accident. However, you can opt for additional engine protection cover.

Yes, it is mandatory to have a personal accident cover for the owner-rider when buying any motor insurance policy.

It is a discount in the premium for not making any claims during the policy term. It can be accumulated over years.

Your insurance policy remains active. However, ensure it is renewed on time to avoid policy lapse.

Yes, you can easily purchase two-wheeler insurance online directly from most insurers’ websites.

Yes, if you have comprehensive insurance, it covers damages due to natural disasters like floods, earthquakes, etc.

Types of 2 Wheeler Insurance :

Why Do You Need 2 Wheeler Insurance ??

  1. Legal Requirement: It’s legally required to have at least third-party insurance to ride on public roads.
  2. Financial Protection: Helps cover costs from accidents, which can be significant especially if third-party damages are involved.
  3. Protection Against Theft: Provides coverage in case your two-wheeler is stolen.
  4. Peace of Mind: Allows you to ride stress-free, knowing you are covered in case of mishaps.

How to Choose the Best 2 Wheeler Insurance ??

Myths About 2 Wheeler Insurance

Fact: While mandatory, third-party insurance does not cover damages to your own bike.

Fact : Failing to renew your insurance on time can lead to a lapse in coverage, meaning you’re unprotected and breaking the law.

Fact : Regardless of size, all two-wheelers are vulnerable to theft, damage, and accidents.

Tax Implications on 2 Wheeler Insurance

Looking for an Expert Financial Consultant?

Your Path to Financial Clarity and Success