What does a typical 2 wheeler insurance policy cover?

Riding the pillion is the style statement of the young. The basic reason for this the adrenaline inducing excitement and thrill that the activity generates whenever the rider decides. An aspect of being young, face a lot of flak from the responsible generation. They call it the tendency of ‘leaping without looking’. There is a fair amount of truth in this description. This means that typically a buy rider would buy a 2 wheeler insurance plan without getting in to the details of the plan, many a times overlooking the fact if the policy actually compliment there requirement or not. The result of this folly can be painful as well as costly.

In simpler terms, if a 2 wheeler policy that you have purchased in not providing you with adequate cover that is required, essentially your premiums are going to a waste cause. Similarly, a policy with more exclusion than features will also fall in the same league. Therefore, it must be duly noted that buying a two wheeler insurance is a serious job and must be given due importance. Hence, one must be in-the-know as to what 2 wheeler insurance generally covers.

Accidents:

It covers the bike rider for accidents as accidents involving motorcycles are more dangerous than cars. Therefore, a decent 2 wheeler insurance will cover the cost of repairs.

Theft:

This is a perpetual threat for bike owners unless they have parking space indoors. Stealing a bike is far easier than stealing a car and therefore, theft is covered in any good insurance plan.

Third party:

The authorities do not allow any vehicle to ply on the road unless it is insured. The minimum cover which the government require for riding on the road is liability insurance, commonly known as third party insurance. This cover the injuries and damages that may be caused to a third person.

Natural calamities:

Natural calamities are unpredictable and unfortunate and none can be blamed for it. A good 2 wheeler insurance policy will cover the damage that may be sustained by your bike on account of floods, heavy snow, earthquake etc.