Two-Wheeler Insurance Plans: Cost, Coverage, and Features
Owning a two-wheeler in India offers unmatched freedom and convenience, especially in today’s fast-paced urban life. However, with that freedom comes the responsibility of ensuring both your safety and financial protection. That is where two-wheeler insurance plays a crucial role. Whether you own a scooter or a superbike, choosing the right insurance plan helps you ride worry-free, knowing you are protected from unexpected expenses. In this guide, we will take a deep dive into the cost, coverage, and features of two-wheeler insurance plans , helping you make an informed and smart choice. What Is Two-Wheeler Insurance? Two-wheeler insurance is a financial safeguard that covers losses or damages caused to your bike or scooter due to accidents, theft, fire, natural disasters, or third-party liabilities. In India, having at least a third-party liability insurance policy is mandatory under the Motor Vehicles Act, 1988 . Simply put, it is not just a legal necessity, it is you...