Before buying a new bike, you spend hours checking the ratings, reviews, features, etc. of the vehicle.
You should probably do the same when choosing your bike insurer as well. Choosing the right bike insurance provider for your bike is imperative as opting for the wrong one can put you in a state of financial distress. A bike insurance policy from the right insurance provider ensures you receive timely coverage and great customer service. Currently, there are over 20+ bike insurance companies that you can choose for your bike, however, watching out for the best one can get easier if you follow the below tips.
Here are tips to choose a good bike insurance provider online
Check on the network of cashless garages
Each insurance company has a list of network garages where you can enjoy cashless claims coverage. Check on the list of network garages and if the garages nearby your location are covered or not. The higher the number of garages covered, the better for you to receive cashless claims service.
Customer service
Choose an insurance company that offers you great customer service on a 24*7 basis. This is what you should look out for as in the middle of the night if you need any help, you can connect with the insurance company to get a quick resolution
Claim settlement ratio
This is the total number of claims settled out of all the claims received. The higher the claim settlement ratio, the better it is. This ratio helps you in building a sense of confidence, assuring that the insurance company will wrongfully not deny your claims.
Availability of add-on covers
To enhance policy coverage, you can opt for add-ons such as engine protection, zero depreciation, etc. by paying an additional premium. Before you choose a bike insurance provider online, check on the list of add-ons available as it can further help you save on additional expenses in case of claim.
Check on ratings and reviews
Before choosing a bike insurance provider online, check on the ratings and reviews. This will help you understand the kind of customer service, the coverage, the insurance company provides and how many customers are truly happy with them.
Before opting for bike insurance, check on the coverage, the price, purchase and renewal process, insured declared value, riders, and don’t forget to compare quotes online. Take your time and do some research to ensure your bike is covered with the best insurance provider.
Also Read: What You Need to Know About Making a National Bike Insurance Claim
