What Does Bike Insurance Cover? How Much Does It Cost?
If you are an owner of a two-wheeler, you must know that riding your vehicle without a bike insurance policy is illegal in India. The Insurance Regulatory and Development Authority of India (IRDAI) – the authority that regulates insurance companies across India – made it mandatory to have motor insurance in 1988
Factors that Impact Your Bike Insurance Premium
Buying a two-wheeler is no longer a luxury but more of a necessity these days. When you decide to buy a two-wheeler, getting two-wheeler insurance for it is mandatory by law. As per the Motor Vehicles Act of 2019, if you are found riding your bike without valid bike insurance, you become liable to pay the Regional Transport Office (RTO) ₹2,000 for the first offence and ₹4,000 if you are caught the second time.
Why Should You Buy A Two Wheeler Insurance Policy?
The things that we value most often need protection. Just why there are various types of insurances – Life Insurance to protect loved ones, Health Insurance to protect savings, Travel Insurance to protect memories and Vehicle Insurance to protect vehicles.
5 Key Terms in Bike Insurance
Riding a bike can be as much fun as it can be dangerous and so, having two-wheeler insurance becomes essential. Apart from taking care of your two-wheeler on the financial front, the right insurance for your bike will also protect you and the accompanying rider.
Return to Invoice Cover
Bike aficionados like to ensure that they have gone the extra mile to protect their bikes and comprehensive two-wheeler insurance is the first promise of protection. However, to avail of the benefits that your insurance policy for bike offers (be it during a new purchase or at the time of [bike insurance renewal](https://www.tataaig.com/motor-insurance/two-wheeler-insurance)), it is important to first be aware of them.
5 Tips for Owners of Second-Hand Bike
Having a vehicle to travel is important, and a two-wheeler is always a more economical and convenient option to go from one place to another. In India, the number of two-wheelers on the roads is growing due to their cost-effectiveness and their ability to make transportation easier.
What Does Bike Insurance Cover? How Much Does It Cost?
If you are an owner of a two-wheeler, you must know that riding your vehicle without a bike insurance policy is illegal in India. The Insurance Regulatory and Development Authority of India (IRDAI) – the authority that regulates insurance companies across India – made it mandatory to have motor insurance in 1988
Factors that Impact Your Bike Insurance Premium
Buying a two-wheeler is no longer a luxury but more of a necessity these days. When you decide to buy a two-wheeler, getting two-wheeler insurance for it is mandatory by law. As per the Motor Vehicles Act of 2019, if you are found riding your bike without valid bike insurance, you become liable to pay the Regional Transport Office (RTO) ₹2,000 for the first offence and ₹4,000 if you are caught the second time.
Why Should You Buy A Two Wheeler Insurance Policy?
The things that we value most often need protection. Just why there are various types of insurances – Life Insurance to protect loved ones, Health Insurance to protect savings, Travel Insurance to protect memories and Vehicle Insurance to protect vehicles.
5 Key Terms in Bike Insurance
Riding a bike can be as much fun as it can be dangerous and so, having two-wheeler insurance becomes essential. Apart from taking care of your two-wheeler on the financial front, the right insurance for your bike will also protect you and the accompanying rider.
Return to Invoice Cover
Bike aficionados like to ensure that they have gone the extra mile to protect their bikes and comprehensive two-wheeler insurance is the first promise of protection. However, to avail of the benefits that your insurance policy for bike offers (be it during a new purchase or at the time of [bike insurance renewal](https://www.tataaig.com/motor-insurance/two-wheeler-insurance)), it is important to first be aware of them.
5 Tips for Owners of Second-Hand Bike
Having a vehicle to travel is important, and a two-wheeler is always a more economical and convenient option to go from one place to another. In India, the number of two-wheelers on the roads is growing due to their cost-effectiveness and their ability to make transportation easier.
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