Two Wheeler Insurance Options Explained by Quickinsure

Two Wheeler Insurance Options Explained by Quickinsure

When it comes to owning a bike or scooter in India, having a valid insurance policy isn’t just a smart decision, it's also a legal requirement. With increasing road traffic and unpredictable weather conditions, protecting your two-wheeler is more important than ever. But with so many plans available, choosing the right policy can get confusing. That’s where Quickinsure comes in. This platform simplifies your search by offering a range of motorcycle insurance options to suit different needs and budgets.

In this blog, we'll break down the different types of two-wheeler insurance options available, their benefits, and how Quickinsure helps you make the best choice quickly and easily.

What is Two Wheeler Insurance?

In simple terms, two wheeler insurance is a safety net for your bike or scooter. It provides financial coverage in case of accidents, theft, natural calamities, or third-party liabilities. Whether you use your vehicle daily for commuting or occasionally for leisure, an insurance policy helps you avoid high out-of-pocket expenses during unexpected situations.

Why Do You Need Bike Insurance?

Here are a few key reasons why having bike insurance is essential:

• Legal Requirement: As per Indian Motor Vehicle laws, third-party insurance is mandatory for every two-wheeler on the road.
  
  

• Financial Security: Insurance saves you from heavy repair costs or liabilities in case of accidents or damage.
  
  

• Peace of Mind: With a proper insurance plan, you can ride worry-free knowing that your vehicle is covered.
  
  

• Theft and Natural Disasters: Comprehensive policies also protect against fire, floods, earthquakes, and theft.
  
  

Types of Two Wheeler Insurance Plans Available on Quickinsure

Quickinsure offers multiple types of policies so that you can pick one based on your specific needs. Here’s a simple explanation of each:

1. Third-Party Insurance

This is the basic form of coverage and is legally required in India. It protects you from financial liabilities in case you injure someone or damage someone’s property while riding your bike. However, it does not cover damage to your own vehicle.

Who should choose this? If you’re on a tight budget or ride your bike occasionally, this is a good starting point.

2. Comprehensive Insurance

As the name suggests, this type of policy offers wider coverage. It includes third-party cover as well as protection for your own vehicle against damages due to accidents, theft, fire, natural disasters, and more.

Who should choose this? If you use your two-wheeler frequently or own a high-value bike, this is the safest option.

3. Standalone Own Damage Insurance

This plan covers only your vehicle and not third-party damage. It’s available only if you already have a third-party insurance policy. It includes protection from accidents, fire, theft, and natural calamities.

Who should choose this? It’s ideal for those who want to enhance their existing third-party coverage with protection for their own bike.

4. Long-Term Insurance Plans

These plans offer coverage for 2 to 5 years, helping you avoid the hassle of annual renewals. Long-term insurance often comes at a discounted rate and also protects you from premium hikes.

Who should choose this? Bike owners who want stress-free, long-lasting coverage with fewer renewal reminders.

Add-On Covers to Enhance Your Policy

In addition to standard policies, Quickinsure allows you to include bike insurance add-ons that enhance your bike insurance plan. Some popular options include:

• Zero Depreciation Cover: Ensures full claim value without depreciation cuts.
  
  

• Roadside Assistance: Get help in case of breakdowns anywhere, anytime.
  
  

• Engine Protection Cover: Covers engine damage, which is usually excluded in standard plans.
  
  

• Return to Invoice Cover: In case of total loss, you receive the bike’s invoice price instead of depreciated value.
  
  

These add-ons come at a slightly extra cost but can be very helpful in times of need.

How Quickinsure Helps You Choose the Right Bike Insurance

Quickinsure makes it super easy to compare and buy two-wheeler insurance online. Here’s how:

• Easy Comparison: The platform allows you to compare policies from top insurers in one place.
  
  

• Instant Quotes: Just enter a few details, and you get multiple quotes instantly.
  
  

• Transparent Process: You see what’s included and excluded clearly, with no hidden terms.
  
  

• Fast Policy Issuance: Complete the process online and get your policy in minutes.
  
  

Whether you're renewing your existing plan or buying a new one, Quickinsure helps you do it with ease.

Claim Process Made Simple

One of the biggest concerns for bike owners is whether the claim process is quick and hassle-free. With Quickinsure, you can file a claim in a few easy steps:

1. Inform the insurer about the incident.
   
   

2. Submit required documents like RC, insurance policy copy, and FIR (if needed).
   
   

3. Get the damage assessed by the insurer’s surveyor.
   
   

4. Get your vehicle repaired at a network garage or collect reimbursement.
   
   

The process is streamlined and supported by Quickinsure’s customer support team. While the smoothness of a claim depends on various factors, such as documentation and policy terms, insurers also consider the number of claims in bike insurance history while processing a new one. So it’s always good to ride safely and claim only when necessary.

Tips for Buying the Best Policy

• Know Your Needs: Don’t just buy the cheapest policy. Evaluate how often you use your bike and the risks involved.
  
  

• Check the IDV (Insured Declared Value): This is the maximum amount you can claim. A higher IDV gives better protection.
  
  

• Choose Add-Ons Wisely: Pick only those that truly add value to your coverage.
  
  

• Review Insurer’s Claim Settlement Ratio: A higher ratio means better chances of claim approval.
  
  

Final Thoughts

Two-wheeler insurance is more than just a legal formality. It’s a smart move to protect your finances and ensure peace of mind. With platforms like Quickinsure, finding the perfect policy has never been easier. Whether you're a new rider or a seasoned commuter, investing in the right insurance plan ensures your bike stays protected throughout its journey.