Bike Insurance for Hilly Regions and Long-distance Rides

India boasts of an exciting mix of landscapes. Be it the mountain ranges, ghat sections, plains, or the man-made expressways, riding a bike in these terrains offers a rewarding experience. If you embark on long-distance travel on your motorcycle or someone who loves to keep riding long distances, you plan ahead and ride safely for a thrilling and satisfying experience. However, there can be mishaps beyond your control. To mitigate the financial impact in case of damages or losses in a hilly region or long-distance rides, a comprehensive bike insurance with suitable add-ons is best recommended.

Some of the reasons why you should have a Comprehensive Bike Insurance useful in hilly areas:

Listed below are the add-ons you can include in your Comprehensive Bike Insurance Policy to enhance its coverage:

Here are the steps to buy the appropriate two-wheeler insurance for long-distance riders:

Before buying the two-wheeler insurance plan for your bike, you must understand your needs. There are two main types of insurance plans in bike insurance: Third-party Liability Plan (TP) and Comprehensive Plan. The former covers third party liabilities and is mandatory as per the Motor Vehicle Act, 1988. 

Failure to insure your bike with TP shall result in penalties by the respective authorities. While it is compulsory to insure your vehicle with this plan, it does not cover your bike. For broad coverage and to secure your bike against damages or losses incurred due to accidents, theft, natural or man-made disasters, and total loss, the Comprehensive Plan is an ideal insurance plan for your bike.

The bike insurance premium is calculated based on various factors. The primary factor is the approximate market value of your vehicle. IDV is the approximate market value of your bike. When your bike is damaged beyond repair or is stolen, the insurer pays the IDV (sum insured) after considering the deductibles and depreciation.

You have the option to increase or decrease the IDV. An increase in IDV results in a higher premium and vice versa if you reduce the IDV. Choose the correct value for the appropriate compensation during claim settlements by the insurer.
 

The insurer factors the bike’s engine capacity while calculating the insurance cost. The higher the engine capacity, the higher the bike insurance premium. However, the charge is fixed by the Insurance Regulatory and Development Authority of India (IRDAI) based on the two-wheeler’s Cubic Capacity (cc).
As for the cost of Own Damage cover (coverage for your vehicle), the insurer decides the cost of bike insurance. In both cases, you must factor in the cc of the bike since it is directly related to the insurance cost.
 

Some insurers provide add-on covers to enhance the standard plan. You can purchase add-ons along with the Comprehensive Plan. To extend the primary plan’s coverage, you can choose from Roadside Assistance Cover, Zero Depreciation Cover, Engine Protect Cover, Key Protect Cover, etc.
 

You can compare different insurance plans for your bike through the online platform. The internet offers an array of insurance companies offering insurance for two-wheelers. Instead of depending on agents or visiting offices, you can compare these plans in a single platform to get an insurance quote. Comparing bike insurance plans helps you understand the benefits and advantages of a plan against others. By comparing different plans, you can make an informed decision while insuring your bike.
 

When you have set off on a long-distance ride on your bike, it may be challenging to raise a claim against your policy from a place away from your home, especially for minor damages. However, ACKO offers instant claim settlements for minor damages so that you can get the vehicle repaired at a garage of your choice.

When you raise your claim for minor damages such as a broken mirror, dent on the tank, etc., ACKO reviews the damages and settles the claim within a few hours. There is no paperwork or inspection required in such situations. You can ride without worrying about minor damages that can be repaired at a garage of your convenience.
 

Opt for a multi-year bike insurance policy since you do not have to remind yourself to renew the insurance plan. You may forget to renew the insurance plan when you are on the road for several days. With the multi-year plan, you can avoid lapses in renewing the plan.

You can also search for plans that offer discounts during festivals or special occasions. Discounts reduce your insurance cost while the coverage remains the same. Hence, opt for multi-year and scout for discounts to get the best bike insurance price.

Riding long distances and in hilly areas has pros and cons. Damages or losses incurred during long journeys can affect your financial health. For ideal bike insurance for long-distance riders, opt for a plan that offers wide-ranging benefits such as faster claim settlement, quicker renewal process, and paperless transactions.