We all want our vehicles to be in great shape. No one knows what kind of trouble we will face on the road. So, we want our vehicle to be able to sail through all the challenges that the road might have. This is where bike insurance comes in handy. You must have noticed a rapid increase in the number of road accidents in recent years. Road conditions, traffic jams and all other things make it difficult to drive on the road. Having two-wheeler insurance can help you with bike repair and maintenance costs in the event of an accident.
If your bike insurance is about to expire, you can renew it by calling the insurance company. If you want to buy a new bike for yourself, you can select a two-wheeler insurance policy yourself to buy. Having two-wheeler insurance is also important because it is mandatory by law. If your bike insurance is expiring, it is imperative to renew it as soon as possible for your safety and to stay out of legal trouble. Here is all you need to know to make sure your bike insurance renewal goes seamless:
Documents for two-wheeler insurance renewal
When asked to submit documents for insurance renewal, you have to follow guidelines and a list of documents. The list given below is issued by IRDAI and it is followed by most private and public sector insurance companies.
- Personal details like name, gender, date of birth, etc.
- Driving license
- Registration certificate of the bike
- Policy number
This information can be found in your policy documents. If a customer wants to change his insurance provider after the expiration of the current term, these are the additional documents that theyneed to submit:
- Identity proof like Aadhaar card or PAN card
- Address Proof
- Recent passport-sized photo
How to renew the bike insurance policy online
Bike insurance renewal is an important aspect of getting bike insurance that should be considered while buying the policy itself. Since the policy has a one-year term, it must be renewed each year to retain coverage. If you fail to do so, your coverage will expire and you will have to endure the hassle of buying a new policy again.
The two main things you need to do when renewing your policy are an internet connection and payment method. First of all, you need to log in to the website of the insurance company and fill out the renewal form. The form requires your vehicle details, your current coverage, etc. After entering the correct details, you can submit the documents required and make the bike insurance price through debit card, credit card, netbanking etc. As soon as the process is complete you will receive your policy via email.
You need to ensure that you renew your bike insurance policy well in advance. People often forget the expiration date. After they miss the deadline, they lose all the benefits of the policy. Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms and conditions, please read sales brochure/policy wording carefully before concluding a sale.