Items Covered By a Comprehensive Two-Wheeler Insurance Policy

Riding a fast and fashionable two wheeler can surely add a certain charisma to your personality. Moreover, in comparison to cars, two wheelers are much easier to navigate through the congested Indian roads. Additionally, they fit into the budget of most people and require low maintenance expenses. Due to the numerous conveniences offered by them, a number of people prefer to invest in a two-wheeler rather than cars.  In fact, the two wheeler industry in India is one of the largest in the world, in terms of sales and production.

However, due to the nature of their use and make, two-wheelers are fairly more prone to accidents in comparison to four-wheeler vehicles. Therefore, it is necessary that you invest in a two-wheeler insurance policy, in order to safeguard yourself from the financial liabilities that may arise if your vehicle meets with an accident. Moreover, in India you are legally bound to have a third party insurance for your two wheeler. This insurance policy would essentially provide coverage for the injuries suffered by another individual, and the damage done to their property due to the accident caused by your vehicle.

There are a number of insurance service providers who offer two-wheeler insurance policies. You should ensure to invest in a comprehensive policy that covers the following items in order to minimalize the expenses that may arise in case your vehicle meets with a mishap:

· The damages suffered by the two-wheeler in case of  an accident

· Third party liabilities covering injury or death of a person

· Third party liabilities covering the damage done to their property

· Personal accident cover to the owner or the driver, including injury or death

· Personal accident cover to the owner or the driver, both in case of injury or death

· Personal accident cover to any other passenger other than the driver

· Damages suffered by the non-electrical and electrical parts of the two-wheeler

· Damage suffered by the two-wheeler due to either natural or manmade causes. Such as :

üExplosion, fire, lighting and self-ignition

üBurglary or vandalism

üRiot or a strike

üTyphoon, cyclone, hurricane, flood, earthquake and storm

A two-wheeler insurance policy can be availed either as a two wheeler package policy or multi-year two wheeler package policy. While the former variant of 2 wheeler insurance has a system of annual renewal, by investing in the latter policy you get the benefit of having the coverage for two to three years, without having to worry about the renewal deadlines.