Two Wheeler insurance is done to protect your vehicle from unpredictable risks. It basically provides protection against losses incurred due to theft, accident, burglary etc. We deal in all types of two wheeler insurance with providing Zero Debt (Nil Depreciation), Comprehensive & Third Party insurance with all major insurance companies. Two wheeler insurance policies provide financial protection against such setbacks.
Two wheeler insurance policies generally provide two kinds of covers:
- Cover against damage to the vehicle or the rider due to unforeseen events.
- Cover against financial liability arising out of injuries caused to third parties in an accident.
Comprehensive two wheeler insurance policy provides coverage in both the scenarios.
Benefits of Buying Two Wheeler Insurance from 4A Services:
- Instant Bike Insurance Quote without Any Paperwork
- Two Wheeler Insurance starting at Rs.3/day*
- Quick and Hassle-Free Settlement,
- Cashless facility at Network Garages
- Instant Two Wheeler Insurance Renewal without any Inspection or paperwork
- Purchase your two wheeler insurance policy through various payment options like Debit/Credit card, Net Banking, etc.
- Benefit of additional support through online chat assistance during purchase to address all your queries
You can also option for the Long Term Two Wheeler Insurance Policy and ride worry Free for up to 3 years.
FAQ?
What is IDV?
The IDV (Insured Declared Value) is the current market value of your vehicle which is calculated after deducting the depreciation amount.
IDV of the car outside the showroom.
The moment you take your car outside the showroom, the IDV starts to come down. “The value of a car depreciates by 5 per cent within six months of buying it. Each year, the car’s value depreciates by a certain percentage and can go up to 50 per cent for a car aged 5 years,”
What is NCB in bike insurance?
No-claim bonus (NCB) is a discount in premium offered by insurance companies if a vehicle owner has not made a single claim during the term of the motor insurance policy. Description: The no-claim bonus is a reward to the vehicle owner for prudent use of the vehicle.
What is Zero Depreciation Bike Insurance?
Zero depreciation cover provides for the complete coverage of the vehicle without any deductions. For instance, if your bike was involved in an accident and eventually suffered damages due to the collision, your insurance provider will cover the entire cost of the losses incurred when you file a claim. Zero depreciation is an add-on on your regular two wheeler insurance.
What is Own Damage (OD) premium?
A comprehensive car insurance plan has two essential components. These include OD and TP. The own damage premium is the part of premium fixed as per the Insured Declared Value (IDV) of your vehicle. The IDV is calculated after taking into account the value of the vehicle after depreciation. This covers loss or damage to the vehicle insured due to accident including Fire, theft etc.