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Bike Insurance in Bangalore

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Bike Insurance in Bangalore

Home / Two-wheeler Insurance / Two-wheeler Insurance Bangalore

In a report released by the Ministry of Road Transport and Highway (MoRTH), Bangalore ranked third among Indian cities with the most number of road accidents in 2019. That is why buying bike insurance in Bangalore should be non-negotiable for bikers. Read ahead to know more about two-wheeler insurance in your city.

Bike insurance plans in Bangalore
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If you are looking for bike insurance in Bangalore, here are your options.

Third-party Bike Insurance Policy
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The Motor Vehicles Act of 1988 mandates that every biker must carry a Third-party Bike Insurance Policy while riding on Indian roads. It offers coverage if your vehicle causes accidental disability, death or property damage to a third party. However, if your own bike gets damaged due to an accident, you cannot claim coverage under this policy.

Comprehensive Bike Insurance Policy
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In addition to the coverage offered under a Third Party Bike Insurance Policy, a Comprehensive Policy also covers damages to your own bike. The inclusions under this plan include accidental damages, bike theft, and damages caused by natural and manmade disasters. Also, based on availability, you can opt for add-ons to increase the coverage.

Personal Accident (PA) Cover
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A PA cover is not exactly a bike insurance plan. However, as per the law it is a mandatory cover that needs to be bought along with bike insurance. The PA cover provides a lump sum if the insured is involved in an accident that brings about bodily disability or death.

Benefits of buying two-wheeler insurance from ACKO
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If you are looking for two wheeler insurance online, here’s why you should choose ACKO.

1. Low premium
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ACKO uses its digital infrastructure to enable a direct-to-customer model. This helps us cut middlemen costs and costs on managing multiple offices and maintaining them. We pass on these savings to our valuable customers in the form of low-priced plans.

2. Immediate settlements
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Claims made towards incurring minor damages to your bike will be settled within just a few hours. Simply upload the pictures highlighting bike damage and receive the settlement amount as per the terms and conditions.

3. No inspection
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At ACKO we try to make your insurance experience as hassle-free as possible. Thus, we do not require any pre-inspection to grant bike insurance. All you have to do is login to our website or mobile app, enter your bike details, and insure your bike.

How to file a bike insurance claim with ACKO
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You can file a bike insurance claim with ACKO by following these easy steps.

Step 1: Visit our website or mobile application to log into your account.

Step 2: Click on “Claim Now” next to your bike’s policy card.

Step 3: Respond to some questions regarding the damages and upload relevant images. After that, click on “Submit” to file the claim.

Difficulties faced by bikers in Bangalore
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Usually, bikers in Bangalore face a host of issues while riding. Let’s discuss some of the prominent ones.

Migration of youth for work
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Bangalore’s booming tech-industry attracts youngsters from all over India. However, unfortunately, the road infrastructure is not adequate to accommodate this increasing population. The result is congested roads and high traffic.

Increasing number of vehicles
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Owing to the earning capacity of people, the number of two-wheeler and four-wheeler vehicles is increasing on Bangalore roads. This is only making the traffic situation worse than it already is.

Natural calamities
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Bangalore is known for its periodic floods and tropical storms. Such natural calamities are capable of causing mild to complete damage to two-wheelers. The extent of damage/loss is dependent on the intensity of the natural disaster.

How ACKO can financially protect your bike in Bangalore
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As discussed in the previous section, bikers in Bangalore are vulnerable to bike-related mishaps. Fortunately, buying ACKO’s Comprehensive Bike Insurance Policy can financially protect you against them. Also, ACKO’s quick claim process, low-cost plans and other benefits will lead to a hassle-free insurance experience. So, consider buying ACKO’s two wheeler insurance in Bangalore.

How to select the best bike insurance plan in Bangalore
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Here are some tips on how to choose the best bike insurance in Bangalore.

1. Buy bike insurance online
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For starters, buy two wheeler insurance online. It is way more cost-effective than its offline counterpart. It is also more convenient. You can easily perform two wheeler insurance renewal online and access other services.

2. Compare multiple plans online
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Online 2 wheeler insurance offers a lot of variety to choose from. So, you can input your requirements and compare multiple quotes to zero down on the plan that best suits you.

3. Select a credible insurer
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It is important to verify the credibility of an insurer before buying insurance from them. You can go about this by checking their claim settlement ratio and reviews posted online by existing customers.

Reasons you should buy/renew bike insurance in Bangalore
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The following are some of the reasons it is crucial to buy 2 wheeler insurance in Bangalore.

Third party two wheeler insurance is compulsory as per the Motor Vehicles Act of 1988. Riding wihout Third party two wheeler insurance in Bangalore or anywhere in India, can lead to incurring heavy fines.

If you wish to receive financial coverage against third-party liabilities and own damages, you need to buy a Comprehensive Bike Insurance Plan.

To get uninterrupted financial protection against accidental damages and loss, it is paramount that you renew two wheeler insurance before it expires.

Frequently asked questions
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The following are some of the frequently asked questions regarding bike insurance in Bengaluru.

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Which is the best two wheeler insurance in Bangalore?

A Comprehensive Bike Insurance is the most ideal bike insurance in Bangalore. The reason is, it covers both third-party liabilities and own damages. So, you get well-rounded coverage.

How to go about ACKO two wheeler insurance renewal in Bangalore?

To renew two wheeler insurance with ACKO, just login to your account via our mobile application or official website and enter your previous policy and bike details. After that, choose a plan according to your requirements and pay online. Once your payment has been processed, you will receive an email with your renewed policy. That’s how simple it is to renew bike insurance with ACKO.

What is the two wheeler insurance price in Bangalore?

Bike insurance price in Bangalore is dependent on the type of insurance plan you choose. You can head to ACKO’s bike insurance calculator to get a free quote.