When you are looking to get your two wheeler insured, comprehensive coverage may be the best option to ensure you get the best possible protection for your sports bike. Insurers these days offer certain add-ons such as zero depreciation cover, passenger cover, cover for accessories and the likes which may be very beneficial for the buyer in the long run.
While these are just some of the basic add-ons, a buyer may avail other helpful add-ons at a little extra premium. The additional premium to be paid depends on the type of add-on cover you opt for. Read on to know some of the add on covers you may purchase along with your bike insurance to add value to your policy and get a comprehensive protection against any unforeseen losses.
Zero or Nil Depreciation Cover
Just like any other machine, your vehicle too undergoes normal wear and tear as it ages. After a certain period, replacing some of the old parts with the new ones becomes important to ensure a smooth ride on your vehicle. A zero depreciation cover can be a saviour. It ensures that your insurance company bears all the cost incurred in replacing the parts of your vehicle. To avail this, you would be required to pay a nominal premium which can bring you great benefits in saving your money on repair or replacement of your bike’s rubber, plastic or fibre components.
Personal Accident Cover
Two wheelers are involved in a maximum number of fatal accidents that happen in India. The risk of serious injuries to the rider as well as the pillion remain high and having a personal accident cover in such situations can be a big advantage. Getting this add-on with your insurance policy will ensure that you get sufficient financial cover if you ever meet with an accident. The same can also aid the rider and the pillion in case of full or partial disability occurred due to an accident.
Getting a medical cover along with your is the most important thing. In case of accidents, medical expenses can go very high and a medical cover can be instrumental in providing you financial assistance associated with your medical treatment.
You don’t want your near and dear ones to run here and there for money in case you meet an accident and need immediate medical attention. The cost of medical treatments in such cases can be really high and having a cashless hospitalisation add-on cover can save you from unanticipated medical expenses. With a little extra premium, you can have a better financial backup for any unforeseen mishaps.
The above-mentioned two wheeler insurance add-ons may not be offered by all insurance providers. A bit of research on the Internet should help you find the right insurance agencies who not only provide comprehensive motor insurance but also offer additional add-ons to help customers add value to their policies. Though you have to pay some extra premium on these add-ons, it would be a practical option if you consider the unconsidered and unforeseen. It is advisable to purchase the add-ons that best suit your needs and can reduce your financial burden at the time of emergency.
These are some of the add-ons that can be purchased along with your two wheeler insurance. Some of the aforementioned covers may not be offered by all insurance providers, so it is essential to do your homework and approach an insurance company that not only offers comprehensive two wheeler insurance policies but also provides customers with the option to purchase an additional cover to increase the value of their policies whilst deriving maximum benefits. Each add-on has its benefits, and purchasing the ones that will best suit your riding experience will ensure that you can breathe easy in troubled times as your financial burden will be significantly reduced.