The best bike insurance companies of 2017

 wheeler insurance is similar to your automobile coverage plan. first off, it's miles essential to have a two wheeler coverage policy in India and secondly, it saves your money via offering the required insurance in case of any damage, upkeep that take place because of an coincidence. if you visit a network garage, then you may take benefit of cashless facility because the insurer pays for the upkeep on your behalf. you can purchase two wheeler insurance for your bike, scooter, and so forth.
As it is a compulsion to have a two wheeler insurance coverage, it is also important to take care which you pick the proper one. every car has its own needs, as a result insurance should meet the necessities. To get the appropriate two wheeler insurance you must take advantage of free two wheeler insurance quotes that will help you in choosing the best. With the help of our contrast service, you can evaluate  wheeler insurance policies online and may check the benefits and functions of the coverage. in case you examine  wheeler regulations on line earlier than buying then relaxation confident that you will get the preferred policy inside your finances.

What Does Two Wheeler Insurance Plan Cover?

There are majorly two types of coverage:

Third Party Liability coverage: It covers damages caused by you to the Third Party. This coverage does not include damage to the vehicle. Third Party Liability coverage is mandatory in India.

Comprehensive coverage: This includes damages due to natural calamities, personal accident cover, damage & theft of your vehicle and repairs as well.

Two Wheeler Insurance Premiums

There are certain factors which affects the premium of your two wheeler insurance:

 Insured Declared Value (IDV): it is a value for which the vehicle is insured & remains fixed for the policy tenure.

 Cubic capacity: Bike insurance premium increases with the increase in the capacity of the vehicle.

Area: Metropolitan cities have a higher premium than the rest of the city.

 Vehicle Age: older your vehicle, higher the premium

 Anti-theft device: If you have installed an anti-theft device approved by ARAI, you can avail the discount on your premium.

NCB: In case you have not made any claims in a particular year, then you become eligible for discount on renewal of the policy in the subsequent years. It gets accumulated every year and usually ranges from 20% to 50%. NCB rates are standard across companies.

• Documents Required To Buy Insurance Policy
• If you are all set to buy the desired two wheeler insurance, then collect all the essential documents that you need at the time of purchase.
• For buying a two wheeler insurance policy you need to have a proposal form and copy of registration certificate that is also known as RC.
• If you want to renew the existing insurance policy, then you need to have a proposal form, RC and documents of previous insurance policy.

List Of Two Wheeler Insurance Company In India

• HDFC Ergo Two Wheeler Insurance.
• Bajaj Allianz Two Wheeler Insurance.
• Tata AIG Two Wheeler Insurance.
• Reliance Two Wheeler Insurance.
• New India Two Wheeler Assurance.