Ahmedabad is the first of its kind in India to be declared a World Heritage City by UNESCO. It has a population of approximately 74 lakhs, and there were 1767 accidents, 535 of which were fatalities in 2023. The city relies heavily on its road network for transportation among other means of transport such as metro and buses.
Major vehicle population in Ahmedabad comprises two-wheelers which exposes them to a wide range of mishaps. This brings a considerable need for the two-wheelers in Ahmedabad to be insured along with the need for responsible driving. Thus, below is a simple guide to help you buy two wheeler insurance as per your needs.
There are many reasons to buy bike insurance given that third-party insurance is mandatory. Here are few of the things you need to consider:
Insurance protects you from any contingent liability that you face in case of any accident or unprecedented wear and tear of your motorcycle.
It is mandatory for every individual who owns a vehicle to have a third-party insurance by law. Violation or absence of which will attract fines.
Insurance provides a mental safety net, that in case of circumstances the losses will be covered via claim.
With insurance you have a legal contract of indemnity i.e. as per terms and condition of the policy, the insurer will cover the losses in case the need arises.
There are three types of Two-wheeler Insurance are provided by every insurer as below:
This is the most basic form of coverage and is mandatory under the Motor Vehicles Act of 1988. It covers financial liabilities arising from injuries to third-party individuals caused by your bike. This type of policy is typically the most affordable because it offers limited coverage.
This insurance focuses solely on covering damages caused to your bike, offering flexibility to those who already have third-party insurance. It includes protection against accidents, theft, fire, and natural or man-made disasters.
Comprehensive insurance provides extensive coverage, ensuring all-around protection for both third-party liabilities and damages to your motorcycle. It includes the benefits of third-party bike insurance by covering damages or injuries to third parties. Also, it protects your motorcycle against accidents, theft, fire, natural calamities (floods, earthquakes), and man-made events (riots, vandalism).
You can buy two-wheeler insurance online in Ahmedabad with the help of below steps:
Below are the steps to renew two-wheeler insurance policy in Ahmedabad:
Below are the documents required to buy/renew insurance policy
Applying for claims with Coverfox on your side will make it more seamless and hassle-free. You need to take the below actions to claim two-wheeler insurance in Ahmedabad:
Delayed contact and communication between the claim applicant and the insurer might lead to repercussions thus it is advisable to contact the insurer at the earliest.
If your bike has been stolen or been in a major accident it is necessary to file an FIR to speed up your claim process.
It is preferred that the garage that you choose is authorised by the insurer’s company.
Pay the service centre to initiate the claim process, fill out the relevant form and submit the required set of documents to ensure a quick intimation of the claim.
The following are the tips to reduce two-wheeler insurance premiums in Ahmedabad:
The city of Ahmedabad is known for its busy roads, scorched heat and majority of two-wheeler population. Picking an insurance policy is a choice between comprehensive, stand-alone and third-party insurance policy (mandatory by law). Various policies can be compared along with its premium, terms and conditions and coverage with the help of our website.
Applying claim is an orderly process where appropriate disclosure to the insurer should be made for a smooth claim process. Where renewing can be done in a few clicks, and other policies available to compare with the existing one. Insuring your motorcycle is the best shot in avoiding financial liability, risk and legal consequences.
The best bike insurance is the one that covers your needs and specifications. Thus, to help you find your best you can simply browse and compare various policies at Coverfox in a few clicks.
If your bike insurance claim is rejected, contact your insurer and ask for the reason for rejection. Consult any insurance advisor or the broker you took the policy through so that you can submit it again with corrections for claim.
The best way to save is to understand the opportunity cost, select top 5 or 10 insurance policies as per your budget. Compare the pros and cons with situations they would be helpful. After a few days of consideration, buy the one that fits your budget needs and requirements.
Cashless garages are a facility provided by the insurer/ intermediary where you can claim/make your car repairs without cash and it will be covered by the insurer/intermediary.
Yes, it is mandatory to have third-party two-wheeler insurance in Ahmedabad.
