Bharti AXA TWO WHEELER Insurance Why Is Bike Insurance Mandatory in India? 15 May 2018 Why Is Bike Insurance Mandatory in India? Two wheelers are a good option to commute as one can navigate the vehicle with ease in a crowded metropolitan city like Mumbai. There is also a variety of two wheeler models in the market to choose from as per your riding preferences. Two wheeler’s tend to top the list of long distance commute vehicles or an everyday commute vehicles. Irrespective of whether you are a cautious rider or not, accidents on road can happen without any prior warning. A two wheeler insurance provides a safety net against theft, fire, natural disasters, malicious acts, etc. Further, in case of third-party injuries or property damage, the third-party liability covers for the same. Also, a bike insurance is mandated by The Motor Vehicles Act, 1988 in India for the reasons mentioned below. Protection Provided by Two Wheeler Insurance Do you consider yourself as a responsible rider? Can you guarantee that no kind of damage will befall your bike or you on the road? Certainly not. Irrespective of how cautious you are while riding, your two wheeler is exposed to dangers both on-road and off-road. Incidents like thefts, natural disasters and accidents can occur at any given point of time, even if you’re not at fault. These occurrences can cause extreme financial losses. A two wheeler insurance policy provides a coverage for these financial losses and protects you from any potential liabilities. A third-party liability insurance is a basic insurance which is legally mandated in India. It is imperative you invest in a reliable bike insurance to protect yourself in the event of any vehicle-related misfortune. What does a Two Wheeler Insurance policy cover? A two wheeler insurance covers you from the following risks: Natural disasters like earthquakes, storms, etc cannot be anticipated and usually leaves behind tremendous damage to human lives and property. A two-wheeler insurance covers you financially against these damages. Man-made malicious acts like robbery, riots or wars may befall at any given time and cause damage to your bike which is covered by a bike insurance. Road accidents cause major bodily injuries and fractures which is covered by a two-wheeler insurance. Sometimes, an accident can lead to an unfortunate case of partial disability of the body. With a two-wheeler insurance policy, you are financially secured against any mishaps of this kind. Further, accidents can also cause permanent disability like loss of vision. Your two-wheeler insurance covers such unfortunate cases and covers the cost of treatment too. In case of death of the policyholder, the insurance policy provides compensation to the assigned nominees of the policy. You Can Now Buy Two-wheeler Insurance Policy Online Gone are the days where buying insurance used to be a pile of paperwork. With technology and computerized ecosystem growing in India, you can now buy two-wheeler insurance online by following a few steps. All you are required to do is log on to the website of the insurance provider and fill in the details and purchase the policy that suits you the best. If you plan to buy a bike, make sure to get an insurance cover and ride responsibly too. Explore Our Products Car Two Wheeler Travel Health Bharti AXA Advantages We've raised the bar in being your Two wheeler's ideal insurance companion 4.2 MILLION POLICIES ISSUED 79 BRANCHES ACROSS INDIA 4500+ CASHLESS GARAGE 24/7 CLAIM ASISTANCE Get Quote Request Call Back Category * - Select -CarTwo WheelerHealthTravelPersonal Accident Buy Renew Claim submit Disclaimer : The information published on this website is for the public's reference only. Content of this information is to provide an overview of your Travel needs and should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional for specific advice. Bharti AXA General Insurance Company Limited makes no representations about the suitability, reliability, timeliness, and accuracy of the information, travel, services, or any other items mentioned on this subject for any purpose whatsoever.