5 Common Mistakes To Avoid in Choosing Two Wheeler Insurance

There are several terminologies in two-wheeler insurance, which are not well-known to a common man. These terminologies make the policy wording difficult to understand and confuse the customers at the same time. Many times, people buy wrong two-wheeler insurance when he or she does not have adequate knowledge of the same.

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The matter of the fact is that there are some mandatory demands of motor insurance under the law, which make buying insurance much more complex. Do not confuse when buying a two wheeler insurance policy and read further to know about some common mistakes that you should avoid doing while buying two-wheeler insurance policies.

5 Common Mistakes To Avoid While Buying Two Wheeler Insurance Policy

Here are some of the common mistakes you commit in choosing best two wheeler insurance policy:

Lack of Research

Customers buying two wheeler insurance policies for the first time fail to do research and explore various options thoroughly. If you also need to purchase one, always make sure you do proper research when planning. Always make sure you do a comparative study of benefits and premiums of different two-wheeler insurance policies available in the market. This may help you to find similar benefits at a much more affordable premium rate. In addition, you can also find out the customer review about the policy and the company reputation, which will help you to buy the best policy across the market.

Looking for a Cheaper Policy

Price is definitely the point of concern for all of us, especially for the policy that offers multiple benefits and coverage. Always look for affordable two-wheeler insurance, but do not make it your primary concern and the deciding factor. You may think that the policy with the lowest premium will be the best option for you, but many times these policies do not offer coverage against huge losses or damages to your two-wheeler.

Buying Two Wheeler Insurance

You may like to Read: Important Things To Know Before You Buy Two Wheeler Insurnace

Selecting Small Deductibles

Many individuals choose small deductibles in their policy when they are buying two-wheeler insurance policies online, as they believe that the small deductible amounts are more beneficial. The actual picture shows that more profitable policies are those that last long as compared to traditional one-year two-wheeler insurance policies.

Not Claiming the No Claim Bonus

In case you do not make any claims during the policy term, you are eligible to receive a No-Claim Bonus at the time of buying a new policy or renewing the existing one. The No-claim bonus is a discount offered by the insurer to the policyholder on the premium payable for the next year. So, keep this in mind while renewing your two-wheeler insurance policy.

Not Reading the Terms and Conditions of the Policy

This is one of the most common mistakes we make while buying two-wheeler insurance policies. So, make sure you read the policy wording in detail and do not ignore the exclusion list of the policy. It may be that the most important type of coverage or benefit you seek falls under the exclusion list of the policy. Before making any decision, do read the underwritten terms and conditions thoroughly


Avoid these mistakes while purchasing a two-wheeler insurance policy. To find the best insurance policy for your two-wheeler, make sure you compare different policies online, based on the coverage, benefits, and premium amounts associated with each of them.

Written By: PolicyBazaar - Updated: 06 August 2021
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
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