5 Important Aspects of Two Wheeler Insurance with Riot Cover!

Your two wheeler could be immensely damaged during an incident of riot. If such a situation arises, can you claim your two wheeler insurance policy asking for compensation? Read to know!

Read more
Get Two-Wheeler Insurance
Starting @ only ₹538/year#
  • Compare & Save upto 85%*

  • 20+ Insurers

    To Choose From
  • 1.2 Crore+

    Bikes Insured

#TP price for less than 75 CC two-wheelers. All savings are provided by insurers as per IRDAI approved insurance plan. Standard T&C apply.

Stay home & renew bike insurance in 2 minutes
No Documents Required
Get Bike Insurance starting @ only ₹538/year#
Enter Bike Number
Processing
Other options

Why is Two Wheeler Insurance with Riot Cover Important?

Riot usually denotes a situation in which a group of people behaves violently in public places while protesting for or against something. Well, the outcome can sometimes be vicious! It may lead to the loss of lives or properties. The probability of your pricey possession getting damaged also increases     if it is parked in an open area outside your residence     .

Now the question is- will your bike insurance policy cover the damaged two-wheeler?

     The answer is YES!

Wait, there’s more!

Only an own-damage cover will offer insurance protection for damages due to riots. Having said that, here are some important aspects of two wheeler insurance with riot cover.

Riot Cover and Important Aspects to Consider

A two wheeler insurance policy comes in handy in covering the insured vehicle in case of accidental damages. This policy also covers third-party liabilities, damages due to natural and man-made calamities.

Under the category of man-made calamities, bike insurance extends its coverage to the damages due to riots. With this cover, one can claim for the losses sustained by the vehicle. Hence, there are certain aspects you should know when it comes to claiming two wheeler insurance policy:

Aspect 1: FIR is A Must!

If we talk about the important documents required to claim for the damages due to the riot, a police FIR tops the list. This document will help substantiate your riot damage claim.

Aspect 2: No Delay in Informing the Insurance Company

Inform the insurance company as soon as possible. A delay can cause claim rejection. You can intimate them in writing or by calling at the toll-free number.

Aspect 3: Claim Documents

At the time of registering two wheeler insurance claim, you must submit the supporting documents. These usually include:

  • FIR
  • Policy Document
  • Duly Filled in and Signed Claim Form
  • Newspaper Clip, if any
  • Fire Brigade Report, in case of fire damage
  • Repair Bill

The timely submission of these documents can help in faster claim settlement.

Aspect 4: Inactive Policy Means No INSURANCE

The most important aspect to consider is that the bike insurance policy has to be active at all times. An expired insurance policy will lead to claim rejection without a doubt. So, make sure you renew your 2 wheeler insurance as and when it is due.

Aspect 5: Vehicle Inspection

The insurance company will appoint a surveyor to inspect the damaged vehicle. Based on the report made by the surveyor, the claim amount is released. If the report mentions any deliberate action to damage the vehicle, the claim is denied right away.

How Much Compensation is Paid under Damage Due to Riot?

Usually, the policy document contains the details about the overall coverage. The compensation amount in case of riot damage depends on the repair costs. In case of total damage or loss, the claim is paid up to the IDV of the vehicle.

How to Register a Two Wheeler Insurance Claim?

To file a claim, one can visit the official website of the insurance company and follow the below steps:

  • Visit the website and go to the ‘claim’ section.
  • Select the type of policy.
  • Provide information such as contact details, CC no, date and time of the incident, vehicle inspection address, and similar.
  • A claim reference no. will be generated for further use.
  • Send the vehicle to the garage for repair.
  • In case of a cashless claim, the settlement will be done directly with the garageby your insurer.
  • In case of a reimbursement claim, the insurer will settle the bills after verifying the claim documents and completing additional

It’s Your Turn Now!

Situations such as riots can’t be predicted. The repercussions may lead to a huge monetary drain. Here comes a two wheeler insurance policy with a riot cover into the picture. Since the compensation paid under this policy can be a huge relief in terms of finances, a well-researched policy is highly recommended. Make sure to compare and buy a comprehensive policy to keep your prized possession protected.

 

 

 

Search
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.

Two Wheeler insurance articles

Recent Articles
Popular Articles
Is Third-Party Bike Insurance Enough for Your Bike?

11 Jan 2023

In India, third-party bike insurance is a mandatory requirement
Read more
8 Tips to Extend the Battery Life of an E-bike

06 Jan 2023

Unlike a fuel bike, electric two-wheelers are easy to ride and
Read more
Does Your Dirt Bike Need Insurance?

06 Jan 2023

Riding a dirt bike is an enjoyable experience for many people
Read more
Everything You Need to Know About KYC Norms in Two-Wheeler Insurance

30 Dec 2022

Amid the rising number of bike insurance fraudulent cases such
Read more
What are 1st, 2nd & 3rd Parties in Bike Insurance?

28 Dec 2022

If you are planning to buy bike insurance online, you must have
Read more
Best Two Wheeler Insurance Plans in India
When it comes to choosing the best two wheeler insurance plans, we’re sure you have heard enough from different
Read more
Everything You Need to Know About KYC Norms in Two-Wheeler Insurance
Amid the rising number of bike insurance fraudulent cases such as money laundering and terrorist financing, all
Read more
How to Get Duplicate RC Online & Offline?
A Registration Certificate or RC is as important as the Driving License (DL) or two-wheeler insurance policy for
Read more
Zero Depreciation Bike Insurance
Every two-wheeler goes through depreciation. Simply put, depreciation of a vehicle means a reduction in its value
Read more
Lost Your Two Wheeler Insurance Documents? Here Is What You Need To Do
A bike insurance policy is one of the mandatory documents that every two-wheeler owner must have. In case you have
Read more