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About Bike Insurance

Added on:11/11/2008 10:38:02 AM
In Bike care Tips
 Rated by 1 users

Every vehicle on the road has to have an insurance cover to make it roadworthy. Riding a bike or using a motor vehicle without insurance is a consignable offence & punishable under a law.

Plans: 
Two types of insurance are available under the motor vehicle act :
1] Comprehensive insurance which covers the damage to the vehicle in an accident , rider , pillion rider & 3rd parties involved in the accident. It also covers the vehicle against theft & many other situations.
2] Third Party Insurance  

Accident Claim Procedure:
1]
Take an Estimate from an authorized workshop or Garage where the vehile will be repaired  
2] Submit documents : Estimate copy , Insurance policy Xerox , RTO Tax Xerox , RC [ Registration Certificate ] Xerox , Driving License Xerox 
3] Survey Inspection 
4] Get approval 
5] Pay 50% of the Estimate amount , Pay Balance after the completion of Repairing .
6] Get the Bill & Submit it to Insurance Company to get insurance claim.

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