Save on Two Wheeler Insurance Premium

How to Save on your Shriram Two-Wheeler Insurance Premium?

There are several ways to save the cost of your Two-Wheeler insurance premiums. By taking these factors into consideration, individuals can save on their spending on Two-Wheeler insurance premiums

Policy Type

Shriram General Insurance offers a variety of two-wheeler insurance plans . Insureds can choose Third-Party or comprehensive coverage for their vehicles. A comprehensive two-wheeler insurance policy is recommended for better coverage

Selection of Add-ons

It is important to purchase necessary add-ons for additional protection. However, adding random add-ons to a two-wheeler insurance policy will increase the premium

Deductibles

The deductible is the amount of money that is deducted from the claim settlement, which you have to pay before your insurance company covers the rest. Higher voluntary deductibles result in lower premiums, but also mean that you have to pay more from your own pocket if you need to file a claim

No Claim Bonus

No Claim Bonus on Own-Damage Premiums is possible if you have never claimed any own damages from your insurance company in the previous policy period

Installing Anti-Theft Devices

If you’ve taken special measures to keep your bike from getting stolen, you have an opportunity to save on your Two-Wheeler Insurance premium. Install an anti-theft device (approved by ARAI) on your vehicle to receive this benefit

Frequently Asked Questions

How can I save on the premium for Two-Wheeler Insurance in India?

One can save on the premium for Two-Wheeler Insurance in India by choosing a preferable voluntary deductible, selecting long-term policies, renewing policy on-time and installing safety devices in the vehicle. Additionally, one can compare different policies available to get the right coverage at a reasonable pricing

Does the Two-Wheeler Insurance premium calculator calculate premiums accurately?

The Two-Wheeler Insurance premium calculator takes into account all the relevant factors to provide accurate premium estimation. This ensures that policy holders can make an informed decision while purchasing a Two-Wheeler Insurance policy

Does comprehensive Two-Wheeler Insurance cover natural disasters?

Yes, comprehensive Two-Wheeler Insurance covers damages or losses to the insured vehicle due to natural disasters such as floods, earthquakes and cyclones

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