Why to go for 2 wheeler insurance

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2 Wheeler Insurance
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Why To Go For 2 Wheeler Insurance   The need and
utility of two wheelers will never change, no
matter which decade or era we are living in.
Buying a two wheeler is a sensible and economic
decision and there is no need to mention that it
is one of the easiest ways to beat the traffic
congestion that we face daily on our city
streets. If you are purchasing a two wheeler for
yourself, then you must not forget to buy a two
wheeler insurance policy as its mandatory to have
it under the Motor Insurance Act. You can
purchase two wheeler insurance for your
motorcycle, bike, scooter, etc. It offers wide
coverage that helps you in driving securely.
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Features Benefits The question that arises is
why to buy it? Below is the list of features and
benefits that may help you in deciding. Stress-fre
e inspection cashless claim service Offer
coverage on partial or total loss to your vehicle
that occurs because of an accident or
theft. Provide coverage on third party damage and
third party bodily injury. You may get attractive
discounts on renewal (NCB) for a claimless
year. Predefined reduction for the parts that
requires replacement. Vehicle transport to the
nearest garage in case of major breakdown. Lost
key assistance Add on coverage as well
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Need of Insurance It offers financial coverage
for any type of damages or loss that occurs
because of natural calamities such as fire,
flood, etc. Coverage against man-made calamities
as well that includes theft or accident by
external means etc. The third party legal
liability offers coverage against issues arising
out of injury/death or property damage to the
third party by your vehicle. Before purchasing
two wheeler insurance for your bike, scooty,
scooter or any other two wheelers, it is
essential to know the basic terminology of the
same.
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Premium The premium you paid for insurance
depends upon several factors such as city where
the vehicle got registered, model, age of
vehicle, year of manufacture, etc. Premium is
decided and regulated by IRDA hence there is not
much difference across several companies. Coverage
It is the financial protection that the insurer
offers to you and your two wheeler against any
damage and loss caused due to any natural and/or
man made calamity. Coverage depends upon the
insurer and the plan chosen. That's why it is
advisable to buy two wheeler insurance online
after comparison.
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Exclusions While purchasing the best two wheeler
insurance, you must check its exclusions as it
will tell you about situations where the insurer
will not be able to offer coverage and required
assistance. Some exclusions will be- normal wear
and tear, damage due to drunken driving, driving
without license, damage caused by war or nuclear
explosions, etc. Claims After purchasing the
best two wheeler insurance online, you are
entitled to get the claim for the damages. It is
advisable to not file for any small claim as it
will reduce the chances of getting NCB discounts
at the time of renewal.
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It is advisable to read all the terms and
conditions in detail before purchasing an
insurance policy. Select your policy wisely
making sure it suits your requirements. 2 wheeler
insurance is an IRDA approved online insurance
comparison portal helping consumers compare,
choose and buy policies. We provide health,
motor, life, travel corporate insurances from a
wide range of insurers. Get online comparison of
insurance policies at cheapest price in
India. Source http//ezinearticles.com/?Why-To-
Go-For-Two-Wheeler-Insuranceid9323663
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