Your bike’s motor insurance policy serves as a financial safety net in case of accidents. The insurance policy reimburses the sum insured amount as stated in the policy document in the event of damages, even to the extent of a total loss. This is possible if your policy is active, meaning you renew your bike insurance policy on time and without delay. You can manage all aspects of your insurance using a bike insurance check app.
If your two-wheeler insurance has expired or is inactive, you will be responsible for paying any damages or losses from an accident out of your pocket. Before your insurance policy expires, you must renew it.
Insurance companies list the paperwork needed for bike insurance renewal. Whether you are switching insurance companies or renewing your policy with the same insurer will affect the list of documents you need. The same documents are required for both procedures, plus extra ones if you are changing insurance providers. The insurer might request a different set of documents if your policy lapses or expires. Comprehending the paperwork required to update your bike insurance policy is critical. A bike insurance check app can help you manage your insurance.
Documents Needed For Renewal Of Bike Insurance:
With the development of the internet, renewing a vehicle insurance policy has recently become much faster, easier, and hassle-free. You can compare and comprehend the elements of the renewal premium and choose to renew two-wheeler insurance using a two-wheeler insurance check app. The list of documents needed for two-wheeler insurance renewal is provided below:
- Identity documentation includes a passport, ration card, driver’s licence, Aadhaar, voter ID, etc.
- Voter ID card, passport, Aadhaar, etc. as evidence of address
- The bike’s registration certificate (RC).
- Recent passport-size photos.
- Please provide the old policy number.
Change Of Bike Insurance Policy Provider Documents:
There may be instances where you want to change your insurance company. The list of documents is slightly different if you want to switch from one insurance company to another while you renew your bike insurance policy.
The list of documents needed to change two-wheeler insurance policy companies is below:
- Registration Certificate (RC) of your two-wheeler
- Required ownership transfer papers
- Existing insurance policy details
Essential benefits accumulated during the policy period may be lost if your bike insurance policy expires. This could be other offers made by the insurer or the No Claim Bonus (NCB) for not filing any claims during the policy period. The insurance provider does give customers a grace period to renew their policies; this window typically lasts between 15 and 30 days. However, your insurance coverage ends the moment your policy expires. To continue receiving the benefits, carry out the expired bike insurance renewal process on time. To comprehend the grace period and exclusions, read the terms and conditions. Make sure you do a periodic bike insurance check. *
Get insured anytime, anywhere! Check out Bajaj Allianz General Insurance website to learn more and download the app now.
*Standard T&C Apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.