Two Wheeler Insurance in Mumbai

The commercial capital of India, Mumbai, has always witnessed a huge influx from all over the world to make it big in the world of entertainment, business, trade and finance. The city is densely populated, and Mumbai traffic is as dreaded as its monsoons. Mumbaikars rely a lot on two wheelers as a fast, convenient and cost effective mode of transport. Owing to this the city is known to have one of the highest number of two wheeler insurance buyers.

It is of utmost importance, for every two wheeler owner, to understand the need for buying a comprehensive two wheeler insurance policy. To ensure continued protection of your bike/scooter from accidents and other dangers, a two wheeler insurance policy necessary. Every two wheeler owner in India, for his own safety and as per law, must buy an insurance policy to protect himself and his vehicle. It also provides security against a wide range of natural and man-made calamities. Apart from this, your vehicle is protected against damages incurred due to unforeseen situations like theft, personal accident, third party liability and many more. Buying a two wheeler insurance policy is definitely worth the investment.

Buying the right bike insurance plan, which suits your needs the best, is a serious decision, hence you must take into account some crucial points before making a decision. Visit any neutral third party financial website to study and compare the various two wheeler insurance plans available in the market, and choose the policy that fulfils all your requirements. Also consider the type, make, and model of your two wheeler. This will further help you in choosing the right policy, as you can buy the insurance plan which will cover your two wheeler model as per its specifications and vulnerabilities. This is also important before you actually get an approval from insurance company. Some insurance companies offer attractive discounts and lucrative offers for owners of specific two wheeler models.

Any standard two wheeler insurance plan will cover you against loss/damages caused by the following natural and man-made calamities -

• Fire
• Explosion
• Self-ignition
• Lightning
• Earthquake
• Flood
• Typhoon
• Hurricane
• Storm
• Tempest
• Inundation
• Cyclone
• Hailstorm
• Frost
• Landslide
• Rockslide
• Burglary
• Theft
• Riot/Strike/Malicious act
• Accident by external means
• Terrorist activity
• Damage caused in transit rail, road, lift, inland waterway, elevator or air

Apart from this two wheeler insurance policyholders also get personal accident cover and third party liability cover. As per the Personal Accident Cover, the insurer covers of up to a certain amount in case of an accident leading to damage, loss, death or permanent disability.

Third party cover is categorized as a mandatory cover by the Government of India. This offers coverage against legal liability that occurs in the event of an accident resulting in the permanent injury or death of a third party. The plan will also cover damage caused to another/adjacent property.

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