Two-Wheeler Insurance in Cochin

Cochin is one of the most important cities in Kerala. According to a data released by the National Transportation Planning and Research Centre (NATPAC) in 2016, Cochin recorded 2,935 two wheeler accidents in the very first 6 months of the 2016. In fact, the district still stands first when it comes to bike accidents at night with 989 accidents last year. While the state transport corporation is striving to make the situation better, it is the responsibility of the citizens of the state to get a two wheeler insurance.

The Motor Vehicles Act (MVA), 1988 states that every two wheeler owner must have a basic two wheeler insurance. According to the MVA, a motorist who doesn't have insurance, will be liable to pay a fine worth Rs.1500. While basic bike insurance is the bare minimum requirement for the safety and security of riders, comprehensive two wheeler insurance will provide you better coverage. In the event of damage caused to the vehicle due to fire, any malicious act, natural disaster, or theft of the vehicle, among others. The MVA also makes it mandatory for the owner of the vehicle to have basic third-party two wheeler insurance. Apart from the personal accident cover, some insurance companies provide legal liability to the third party in case of injury and property damage caused by to accident.

What a Two Wheeler Insurance Does Not Cover?

A two wheeler insurance does not cover the following loss of accessories, legal liability to the hired driver, personal accident cover for pillion riders, normal wear and tear, damage caused due to negligence of the driver, and damage caused if the driver was driving under the influence of alcohol or drugs