How do I claim Third-party Bike Insurance?

Claiming the third-party 2 wheeler insurance for a bike is much more complex if you only have a third-party liability cover for your vehicle. This is because you will have to depend on the kind of compensation the other person's insurance policy offers. The process that you will need to adhere to while claiming a third party bike insurance is explained below:

Capture the details of the other vehicle

The person who has damaged your vehicle may flee away from the accident spot. Therefore, don't forget to write down the vehicle number and other details of that person as soon as the accident happens. Also, you can capture the pictures of your damaged vehicle on the spot of the accident to submit as proof later.

Gather witnesses

If someone has observed the accident and is convinced that you were not at fault, note down their details as well. This is because you can ask them to be your witness if such a need arises in the future.

You may also seek guidance from your insurance company as they know the process that one has to go through while claiming a third-party liability cover. After that, you must lodge an FIR at the nearest police station and submit the proof and details of witnesses and the other party who has damaged your bike.

Upon registering your case in the police station, acquire a copy of the FIR and file a case against the Motor Accident Tribunal Court with the assistance of a lawyer.

If you manage to prove that the other person was guilty, you will receive the necessary compensation from the insurance company of that person.

However, if you have subscribed to a comprehensive insurance policy for your bike then you have the option of claiming insurance for your damages which negates the need for going through time-consuming third-party insurance. For going through the best bike insurance and third-party two-wheeler insurance online, you can visit the website of Bajaj Finserv as it will be easy for you to analyze different plans based on their benefits, premium, and features.

Comments

Quick Guide For Zero Depreciation In Car Insurance

Some parts of your car face wear-and-tear faster than the others and these parts are often referred to as depreciated parts. Once you file for an insurance claim, the insurance company deducts a value equal to the depreciated value of all such parts and does not settle your claim in full. The parts that are made up of rubber, plastic, fiber, etc. fall in this category. If you want to avoid this deduction from the final claim amount, you can avail of a zero depreciation car insurance cover. It is also known as nil depreciation cover as it nullifies the deduction from the claim amount due to the deprecated components of your vehicle. The benefits of a zero depreciation car insurance policy are stated below: Comes at a reasonable price If you have already purchased a comprehensive car insurance policy, you can avail of a zero depreciation car insurance cover at a nominal price. It is because it is an add-on insurance policy that only enhances your claim amount to reduce the part of the

Necessary Information On Hospital Cash Insurance Plan

Medical treatments these days are a matter of the huge amount of money. And if you need quality treatment facility from the super-specialty hospitals and clinics you need a medical insurance plan for you and your family. If you are planning for the medical insurance plan with hospital cash cover , then be sure to consult with the best insurance plan provider. Let us discuss in details. Financial companies such as reputed NBFC Bajaj Finserv and other insurance companies have their own health insurance policies that range from smaller amounts of bigger amounts. All these medical policies fall under the pocket insurance policy scheme. It gives clients the facility to get benefits with minimum investments. The procedure is quick and does not require lengthy documentation. You can get a higher amount of money with such hospital cash insurance to continue medical treatments even for critical patients. Just make sure you read the policy details clearly before you in

Know Detailed Information About Acko Bike Insurance

If you’re a bike enthusiast, you know that it’s important to have the right coverage for your bike. Acko Bike Insurance provides comprehensive coverage for bikes, offering a range of plans to suit different needs. Acko Bike Insurance is an insurance product from Acko General Insurance, a digital-first insurance company based in India. It’s an innovative product that provides comprehensive coverage for two-wheelers, offering a range of plans and features to meet the specific needs of bike owners. Acko Bike Insurance provides coverage for a range of bikes, from standard models to high-end bikes. The coverage includes accidental damage, theft, fire, and natural disasters. It also covers legal liabilities, including for third-party property damage and bodily injury. The main benefits of Acko Bike Insurance are the comprehensive coverage and the flexibility of the plans. You can choose from a range of plans, each with its own set of features and benefits. You can also customize the co

All Insurance News and Plans

Search This Blog