Two-Wheeler Insurance Articles
When you are out on your bike enjoying the soothing wind in your hair, any hitch, be it a flat tyre or a complex mechanical breakdown can mess up your smooth-going journey. Occurrence of such issues when you are the least bit prepared could leave you stranded on the roadside, until you manage to find help.
It has been seen that more and more people prefer investing in two-wheelers rather than four-wheelers, at least as their first vehicles. Apart from the very obvious fact that two-wheelers are much more affordable as compared to cars, bikes are also well suited for faster commutes on the congested roads of India, especially during office hours. As convenient as bikes are, bike insurance is one of the most important things that you need to take care of as soon as you buy a bike.
As mandated by the Motor Vehicles Act, 1988, two-wheeler insurance is a must. As an owner of a two-wheeler, many of us are aware of the technical aspects of your vehicle, but when it comes to 2-wheeler insurance, very few of us are well informed. This is due to the fact that insurance has plenty of jargons and terms that most people find complex.
Chances are that you are among a large number of people who forget to renew their vehicle insurance. Well, there is good news for you. Liberty General Insurance now offers long term two wheeler insurance. Such a long-term 2 wheeler insurance frees you from the headache of renewing the policy every year.
Two-wheelers constitute majority of automobiles plying on Indian roads. The Indian two wheeler industry ranks as the largest throughout the world . However sadly enough, two wheelers also contribute to 34% of accidents happening on Indian roads....
Two Wheeler Insurance or motor cycle insurance is a type of insurance that gives you coverage for the damages occurred to your two-wheeler, to you while riding your two-wheeler, or to any third person involved in the incident. The insurance you get is for both, man-made and natural calamities as well....
Indian roads are unsafe, and the increasing number of vehicles and traffic congestion make roads even more prone to accidents and fatalities. In that context, two wheelers are more prone to accidents and fatalities, and account for 25% of total road accident deaths in India....
Even as an experienced rider, you are at a greater risk of a road accident when on a two-wheeler. At the same time, with the fast moving traffic around, driving a car now requires greater attentiveness than ever, and has its own set of risks.....
The name itself describes that this insurance policy provides coverage against the financial liability that one may incur in case of any damage, or theft, or third party damage that is caused by your vehicle. A proper insurance policy for your bikes and two-wheeler can help....