GENERAL INSURANCE BLOG

Monsoon prefaces an ideal fit for a biker’s dream for a planned respite out of the city hustle. Although the season is arguably the best one for bikers, it is also irreversibly lethal primarily due to torrential downpour and fog - that can create scenarios prone to accidents.

Can you get cover from bike insurance?

If you go through the available Bike Insurance Online India , you will find the comprehensive coverage benefits that do provide insurance against damages caused. Although there are variations to the two-wheeler insurance type, comprehensive two-wheeler insurance does cover for damages caused due to natural calamities, accidents, and any human-made crimes. Bike injuries are automatically provided against bodily injuries incurred by you, any third-party (victim), or property damages.

So, if you have a comprehensive bike insurance policy subscribed every year, any costs produced due to any mishaps would rid you of any unprecedented financial distress. Additionally, it also provides legal protection where it covers legal fines alongside a personal accident cover.

In what ways does the monsoon affect your bike?

Two-wheeler performance is likely to fluctuate during monsoon since monsoon has severe effects on most vehicles. The damages caused can be fatal and dangerous unavoidably.

Here are some problems bikers are likely to face in the month of monsoon:

• Engine and brakes suffer a breakdown
• Bike imbalance while encountering potholes causing severe damages
• Bikes skid and tires puncture
• Rain can be corrosive, forming rust and damaging vehicle exteriors like levers and chains, causing the vehicle to stop working
• Rain can be detrimental to headlights, tires, brakes, and also the air filter.

Tips to ensure rider safety during monsoon

• Rain and moisture are corrosive and can cause external damage to your bike. Although two-wheelers have rustproof bodies, the metal frames, however, aren’t. To propel protection against dampness, you can coat the metal frames with anti-rust protection paints.
• If you are parking your bike during monsoon, try looking for covered space. Try and avoid rainwater since the water is collected inside, can cause severe electrical disruptions.
• Travelling while it rains hardly covers your ride, but you can provide maximum protection with rain-proof covers. They can be useful even when you don’t find a shaded parking space.
• Water tends to rust hinges, lever, and chain, which can be detrimental to vehicle movement. You can oil these parts to allow mobility amongst these parts and keep your two-wheeler function. Additionally, coat your battery terminals with grease to stop moisture percolating inside.
• Brakes can get unresponsive due to water damage, making them slippery, jammed, or rusty. If these conditions persist, it can result in undue fatality. Also, try not to hit your brake too hard when riding on a slippery surface since it will cause your bike to skid on the surface, causing some severe damages.
• Keep checking your tires and see if they still can maintain grip while standing on wet surfaces. If you notice tire balding, consider changing them immediately. It is also recommended that you keep the PSI level lower than the prescribed level.
• Moistures keep causing air filter blockages. You can keep cleaning the air-filter periodically to avoid any such discrepancies.
• Lighting is essential, especially when you are riding through a torrential downpour. Be sure to check the lights before heading out. Alternatively, you can also put reflective stickers to help other drivers see you on the road when the light and visibility is low.
• The motor insurance act makes it mandatory to have basic insurance. But try to buy a comprehensive two-wheeler policy that covers protection against third-party liability charges, theft, personal damage, and vehicle damage.

Verdict

As the adage goes, “prevention is better than cure”, the best follow-up for you to do is deploy these precautionary measures to avoid any uncanny instances happening to you and your vehicle.

Two-wheeler insurance provides coverage to two-wheeler vehicles and bikes. It primarily covers any losses incurred from road accidents, natural disasters, or theft. The motor vehicle act of 1988 also makes it mandatory for owners of vehicles to have valid motor insurance. You are liable to pay hefty penalties otherwise.

But what type of covers should you choose? Are there any exclusions? What benefits do these covers entail? All of these are recurring questions that will annoy you before you settle for a plan of your choice. So, read along to have these queries answered.

What are the types of two-wheeler insurance policy?

The two variants of two-wheeler insurance policies available in the market are third party and comprehensive cover. But before you choose from these two, you need your insurance expectations fulfilled without having to exceed your budget.

• A third party cover is the cheapest option you can avail as of yet. This cover will save you from any legal liabilities if and when your vehicle is involved in accidents or has caused third-party damage. However, this doesn’t entail cover for damages incurred to your vehicle.
• A comprehensive cover has a broader spread of coverage which includes damages to your vehicle along with third-party damages. This, perhaps, is reliably the best option for those who have bought a new bike.

Inclusion and Exclusions

Third-Party Two-Wheeler Insurance

The 2018 Supreme Court order mandates that it is compulsory to have a 5-year Third-Party Policy for two-wheeler owners. The cover will save you from liabilities associated with any third-party claim as well as personal injuries. However, there is no coverage provided for damage incurring on the vehicle or theft of the same.

Inclusions of Third Party Two-Wheeler Insurance

• If your vehicle has caused bodily injuries to any third-party, the legal liabilities concerning the cost of treatment will be covered under this policy.
• Similarly, damages incurred to any third party property will be fulfilled, and you will be compensated for the victim’s claim.
• The compensation amount forwarded to the victim will be subjective and settled by the Motor Tribunal Court.

Exclusions of Third Party Two-Wheeler Insurance

• Damage incurred due to non-collision is not covered under third-party bike insurance, for which the expenses are to be carried by you.
• Damages on your vehicle won’t be covered as well
• Damages impacting your bike due to any natural disaster or theft won’t be covered under this policy.

Note: Be thorough while going through your policy documents.

Comprehensive Bike Insurance

This insurance policy provides comprehensive coverage to your own and third-party damages. Comprehensive bike insurance makes it more bearable for the owners to recover from an accident.

Inclusions of Comprehensive Bike Insurance

• Includes damages caused to your vehicle due to lightning, explosion, fire.
• Includes damages caused due to any natural disaster, including storms, floods, inundations, earthquakes.
• Includes recovery for vehicles stolen or damaged during strikes, or any malicious acts.
• Includes cover for accidents due to accidents by external elements like, for instance, terror activity.
• Includes cover for damages done during vehicle transit by waterway, lift, elevators, road and rail.

Exclusions of Comprehensive Bike Insurance

• Damages occurring when the policy has expired won’t be covered.
• Vehicular ageing causing vehicular wear and tear won’t be included.
• Damages due to any electrical or mechanical breakdown are not covered.
• If your vehicle is damaged when you are driving under the influence of any substance, no coverage is offered.
• Two-wheelers used for any commercial activity won’t benefit any coverage from this policy when damaged.

Verdict

Now since you are well aware of the nuances of these policy variants, all you need to do is check up on a Two-Wheeler Insurance Rate , read through the policy documents, compare insurance service products across insurers and choose a plan that fits your insurance requirement.

Driving around in a new car is an exciting feeling. But with owning a car, comes the responsibility of keeping it safe on the roads. In case of an event involving accident, theft, or fire, you may need compensation for damages sustained. Weather is also one of the primary factors due to which your car may suffer damage. Getting car insurance is a great way to provide a cover for your financial losses, especially during the monsoon season.

Why should you get Car Insurance In India?

Remember that a car is made up of a complex system of mechanical components and accessories. With comprehensive car insurance, you can easily get coverage for:

• Damage after a road accident, fire, or vandalism
• Damages that take place due to a natural disaster such as floods
• If the vehicle is stolen
• Unforeseen circumstances such as waterlogging

Accidents happen, but when you’re covered for the financial losses, it helps reduce your stress and brings you peace of mind.

Why do you need car insurance for the monsoons?

During the monsoon season, its even more important to consider securing your vehicle with a proper car insurance policy. Natural disasters like cyclones and flash floods can cause severe damages to property, including your car.

During monsoon water also collects in low lands and potholes making it really difficult to tell their presence. This often leads one to drive into potholes or park their cars in waterlogged areas. While the first one can cause damage to the body of the car, the latter can cause the engine to seize. But with the right insurance and the right add-on, both can be covered.

What would your car insurance policy cover during monsoons?

In the rainy season, no matter how cautious you are, there is always a risk of accidents due to poor visibility and slippery roads. Moreover, water damage like rusting, engine water-logging etc. are also quite common during heavy rains. Waterlogging happens if you drive through or start your car in deep water and the water gets into the engine. This leads to damage to the engine as well as electrical components. Sometimes, car insurers may exclude damage to the engine, but an engine protect add-on can offer you the required coverage. Similarly, roadside assistance add-on can be vital in ensuring you have help even during heavy rains.

While you have no control over the weather and road conditions, you can always be prepared to face them without any worries. Choose a good auto insurance policy such as Magma HDI's Private Car insurance and drive through monsoon worry-free.

Two-wheelers have changed the landscape of transportation forever, ever since the invention of the bicycle world has adapted and moved forward with the revolutions two-wheelers brought in the world. Motorized two-wheelers have brought about the most significant change. They have better mileage than cars and are not as bulky as they are. Also, they are compact, and it is easier to tackle the traffic on a two-wheeler than in a car. They have made the world a smaller place. Now you can reach any destination you desire without tiring yourself. Two-wheelers have also empowered women. Women are generally nimbler than men. Now they can travel long distances and carry luggage on their two-wheeler without breaking a sweat.

Indeed, the invention of bikes has forever changed the transportation industry for the better. Most of the individuals and couples opt for purchasing a two-wheeler while families still rely on cars. Bikes have lower maintenance costs than vehicles, and also their cost per distance travelled is less than that of cars. Their compact size allows them to fit in most homes without the need for a garage. Though, you must never drive a bike without a helmet, nor should you ever drive it without insurance. If your bike is not insured, then now you can conveniently buy bike insurance online. As science progresses, there have been many revolutionary changes in bikes from how they look to their performance. The two-wheeler industry has also seen many economic changes over the years. Here is an overview of how the two-wheeler industry is expected to look in the next ten years: -

• Currently, most of the two-wheeler market is dominated by mid-range two-wheelers. Id the current trend continues, we will witness an increase in high-range and low-range two-wheelers. This may lead to better technology in low-range bikes as well as high-range motorcycles to have more premium features and out of the box designs.
• A.I. technology may make the bike riding experience better for everyone. We may witness automatic gear adjustments, terrain adjustments, fuel consumption adjustments, and much more. If A.I. technology grows at the current pace, the future is not too far when we will see it being installed on bikes.
• We should hope for much better mileage and alternative fuel options. Currently, we have electric motorcycles, but they take a long time to charge and do not provide that much coverage. Electricity consumption is also high in bikes. In another decade we shall see much better bikes on the market that will run on electricity.
• There has been recent news on bikes that utilize water as fuel and provide incredible mileage. There are no mass production variants yet. In another decade, we may have a range of motorcycles that use water as fuel and are environment friendly.

The future of the two-wheeler industry looks excellent. We have some significant advances in store for us within a decade. One thing will never change, though, that is safety guidelines and insurance policies. It is and will always be dangerous to drive recklessly. There is no hope of bikes that will allow you to drive without a helmet, either. Insurance policies will change slightly and will add more features and guidelines as technology progresses. They will more or less remain the same. It is essential to have your bike insured at all times. Right now, you can buy Bike Insurance online; maybe the future will be even more convenient.