Planning to buy a Two-Wheeler? Apart from choosing which two-wheeler to buy, one more area that needs thorough understanding is the two-wheeler insurance. You need to get a two-wheeler insurance not only because it is mandated by law, but also because it can protect you against the monetary losses that you may have to incur if you have an accident. So, in case you are to buy a two wheeler insurance or have to renew bike insurance, the first step is to get the two-wheeler insurance quotes. These quotes will give you an estimate about the rate or the premium that you’ll have to pay for the insurance that you need. Here are 10 easy tips to get accurate two wheeler insurance quotes.

 

1. Decide your Budget

You would be able to choose the most appropriate two wheeler insurance only when you have fixed a budget for it. The coverage of the insurance is directly dependent on the premium that you can pay. Comprehensive insurance would require a higher premium.

 

2. No Claim Bonus

The way you have been riding your two-wheeler will play a major role in fixing your insurance premium. Your driving track record will be studied before the two-wheeler insurance is calculated. A driver with a safe and clean track record will be able to get better quotes because of the No Claim Bonus.

 

3. Your Age

A young and first-time rider may have to pay a higher premium when it comes to two wheeler insurance. Many companies follow the rule, “The younger the driver the higher the premium rates”. First-time riders are generally considered to be a novice and are more prone to accidents. Indian insurers may take your age into consideration.

 

4. Your Marital Status

Studies have shown that married couples are at a lesser risk to the two-wheeler insurance company as compared to people who are single. Some Indian insurance companies provide 5%-15% lower quotes to people who are married.

 

5. Keep All Information Handy

When you are planning to buy or renew bike insurance, it is recommended that you keep all your related documents and information handy. This will help in speeding up the process, as when you produce them timely the insurance company will be able to verify the details quickly too.

 

6. Research would go a long way

When it comes to buying two wheeler insurance, you need to be smart. You must do a thorough research about the quotes that different companies are offering. It is ultimately for you to decide, which two wheeler insurance plan suits you the most.

 

7. Install an anti-theft device

An anti-theft device may help you bag a discount. This is because you have taken preventive measures against the theft of your bike and the chances of you raising a theft claim as very less.

 

8. History of Claims

Not just your driving record but the insurance company would also gather information on the claims that you have made. This would help them to marginalize their risk of insuring your two-wheeler. Someone who has not filed his two-wheeler insurance will have a positive effect on the two-wheeler insurance quote.

 

9. Two Wheeler Details

To get an accurate two wheeler insurance quote, it is necessary to mention all the details of your two-wheeler. The model, year of manufacture, details of dealership etc. These details will also have an effect on the quote.

 

10. Getting Bike Insurance Online

Buying bike insurance online has made the entire process of two-wheeler insurance very convenient and hassle-free. There are many tools and apps that help you calculate and give you an accurate idea about the premium that you would have to pay. But when going for bike insurance online, make sure that you provide all details carefully and understand all the instructions given by the insurance company.

 

What is important when buying two wheeler insurance, is that you provide the company with your accurate and latest information. Any mismatch at the time of making a claim can put you in trouble and delay the claim process. We hope you will benefit from the provided information about getting appropriate two wheeler insurance quotes.