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Showing posts from April, 2023

How Does Third Party Bike Insurance Claim Work

  When the need arises, two-wheeler insurance can be a lifesaver, but its benefits are only realized when you make a successful claim. Unfortunately, a single mistake can result in your claim being denied. Therefore, when making a claim, particularly with 3rd party bike insurance, it is critical to exercise extra caution. How to file a third-party bike insurance claim? Claiming 3rd party bike insurance can be a complex process. It is essential to remember that a successful claim is only entertained if the claimant can prove that the owner or driver of the insured vehicle was at fault for the accident. A specialized tribunal court is responsible for determining if the insurer should compensate the victim and the appropriate amount to be paid. If you need to file a third-party insurance claim, follow these steps: Get proof of the damages sustained by taking photographs or recording videos. Record the registration details of the at-fault vehicle and the third-party insurance policy infor

Understand What Is Break In Period In Third Party Bike Insurance Plan

In today's fast-paced world, achieving a work-life balance has become increasingly difficult. With multiple priorities and deadlines to meet, such as completing a work project or paying your child's tuition fees, it can be challenging to keep track of your third-party bike insurance renewal after it has expired. However, with proper planning, you can ensure you don't face any unwanted consequences and sail through smoothly. What is the break-in period? A break-in period is when a third-party bike insurance policy is inactive, that is, the time between the expiry of the previous policy and the renewal of a new one. For instance, if the previous policy expires on 20th April and the new policy is renewed on 10th May, the 20-day duration between the expiry and renewal is referred to as the break-in period. What are the effects of the break-in period? Under the Motor Vehicles Act of 1988, all vehicle owners in India must have at least Third-party Liability insurance before dri

Top Bike Insurance Companies With Lowest Premium And High CSR Value

Having two-wheeler insurance provides financial protection for accidents or other incidents with your bike, including theft, fire, landslides, earthquakes, and more. It is a legal requirement under the Indian Motor Vehicle Act to have at least third-party insurance coverage for your bike. This coverage helps you meet any financial liabilities arising from any mishap involving your motorcycle. Bike Insurance Companies With the Lowest Premium And High CSR Value Here is a list of popular bike insurance companies like bajaj allianz bike insurance and some of their key features: Bajaj Allianz Two Wheeler Insurance: Own Damage Claim Settlement Ratio - 85.76%, Network Garage - 4,000+. Digit Bike Insurance: Own Damage Claim Settlement Ratio - 70.59%, Network Garage - 1,400+. Edelweiss Two Wheeler Insurance: Network Garage - 1,0000+, Own Damage Claim Settlement Ratio - 96.44%. IFFCO Tokio Bike Insurance: Network Garage - 4,300+, Own Damage Claim Settlement Ratio - 81.70%. Kotak Mahindra Bike

With Bajaj Allianz Car Insurance, It's All About Value-Added Services

When taking car insurance, it is essential to ensure that you are adequately covered. With Bajaj Allianz car insurance, you get peace of mind due to the many value-added services that come with the insurance policy. Right from the discounts on premiums, and coverage of the high repair costs and roadside assistance, Bajaj Allianz offers you affordable and reliable protection that gives you and your family an additional layer of safety. No more pesky repair bills A great value-added service Bajaj Allianz Car Insurance offers is helping with repair bills. Sometimes high repair costs put a damper on your finances; however, with Bajaj Allianz, you rest assured knowing high repair costs are also covered and get complete peace of mind. Besides that, they provide exclusive discounts & cashback offers that will help you to save on the premiums, ensuring you get better coverage at a price you can afford. Get complete roadside assistance  Additionally, Bajaj Allianz car insurance offers cust

How To Purchase Bajaj Allianz Car Insurance Online?

Bajaj Allianz is a household insurance brand in India, and for a good reason. The company caters to its clients' varying insurance requirements by providing a wide selection of policies. Automobile insurance, which protects policyholders in the event of an accident, theft, or other covered loss, is a top seller for the company.  Even while you may still get auto insurance by going to a local agent, more and more people are turning to the web to get their policies. In this piece, we'll explain how to get vehicle insurance from Bajaj Allianz car insurance online from their website. Go to Bajaj Allianz's website It all starts by visiting Bajaj Allianz's official website. When you get there, go straight to the auto insurance info. Choose an insurance plan  Both third-party liability and comprehensive coverage are available from Bajaj Allianz for your automobile. Car owners may protect themselves and third parties from financial ruin in the event of an accident by purchasin

Why Camera Insurance is a Smart Investment for Your Photography Gear

If you're a professional photographer or an enthusiast, you know that your photography gear is an expensive investment. Your camera, lenses, and other accessories are essential tools that allow you to capture your vision and create stunning images. However, accidents can happen, and your equipment can be lost, stolen, or damaged. Camera insurance is a smart investment that can protect your photography gear and provide peace of mind. Protection Against Loss, Theft, and Damage Camera insurance typically covers loss, theft, and damage to your photography gear. This can include accidental damage, such as drops or spills, as well as theft or loss. If your equipment is lost or stolen, your insurance policy can provide coverage to replace your gear, so you can continue to work without a significant financial burden. Repair or Replacement Coverage In the event of damage to your photography gear, camera insurance can provide coverage for repair or replacement. This can help to cover the co

What Are The Inclusions Of Comprehensive Car Insurance?

Comprehensive vehicle insurance is the most comprehensive kind of insurance coverage, which you can purchase for your vehicle. This insurance covers almost all risks of owning and driving your car. Thus you can enjoy better peace of mind while behind the wheel. The comprehensive car insurance coverage generally includes the following inclusions: 1. Liability protection. Comprehensive car insurance generally includes protection for damage your car will cause to another person and their property. This will generally cover their medical costs for drivers, any repair or replacement of other drivers’ vehicles, and lost wages because of the accident. 2. Accidental damage. It covers costs linked with repairing and replacing your vehicle in the event of an accident, irrespective of who is at fault.  3. Fire & theft. It includes protection from the cost of repairs in case your vehicle is damaged by fire, and reimbursement if your vehicle is stolen.  4. Personal belongings coverage. The

Documents Required For Raising Acko Bike Insurance Renewal

Acko is one of the leading insurance companies in India, providing insurance policies for bikes, cars, health, and travel. As a bike owner, processing your Acko bike insurance renewal is essential to ensure continuous coverage against unforeseen circumstances that may arise while riding your bike. To renew your Acko bike insurance policy, you need to provide certain documents. These documents are necessary to validate your identity and provide accurate information to the insurance company.  Here are the documents required for raising Acko bike insurance renewal. Read to know! Previous policy documents:  To renew your Acko bike insurance policy , you will need to provide the document of your previous insurance policy. The document contains important details about your policy, such as the policy number, coverage period, and premium paid. This information is necessary for Acko to verify your previous policy details and offer you a renewal quote. Bike registration certificate:  You will al

5 Ways to Check the Expiry Date of Your Bike Insurance Policy

In India, having bike insurance is mandatory as per the Motor Vehicles Act of 1988. The insurance policy covers the damage caused to third-party property, injury or death caused to third parties, and damage or theft of the insured vehicle. To ensure that the policy remains valid, it is important to keep track of its expiry date. If you are confused about how to check bike insurance? No worries. We have got you covered!  Here are 5 ways to check the expiry date of your bike insurance policy in India. Read to know more! Policy Document:  The insurance company provides a policy document at the time of purchase. This document contains all the details of the policy including the policy period, premium, and expiry date. You can check the expiry date of your policy in this document. Insurance Company Website:  Wondering how to check bike insurance easily online with your phone? Do it via your insurer’s website.  Most insurance companies have an online presence. You can visit the website of y