The process has been further simplified by PolicyBazaar, as now owners can renew their policy online by logging into PolicyBazaar and proceeding towards an uncomplicated and trouble-free renewal process, making the aforementioned good night’s sleep even more comfortable.
Difference between Conventional and Online Two-Wheeler Insurance Renewal Process
|Conventional Renewal Process||Online Renewal Process|
|Lengthy paperwork involved||Minimum or no paperwork|
|Need to visit the insurance office to get the policy renewed||You can renew the policy even if you are travelling|
|Broker is involved||No broker required|
In the conventional break-in renewal process, the vehicle has to go through inspection. The inspection charges are to be borne by the customer; this is an extra cost besides the premium to be paid. The customer also has to produce the previous policy documents and RC at the time of inspection, which make the process lengthy and troublesome.
The policyholders, however, don't have to worry as the above-explained process is history. This new online renewal mechanism has simplified the entire scooter insurance renewal process.
Salient Features of Two-Wheeler Break-In Insurance Policy
- Instant Issuance- The policy will be instantly generated and sent to the email ID entered by the customer. However, the policy would become effective after 3 days from the date of successful payment. For example, if a customer makes the payment on 23rd June, the policy will start functioning from 26th June.
- Highly Simplified process- The buying process is quite easy. You can do it yourself by logging on to PolicyBazaar.com.
The company won't pay for any damage to the vehicle if it happens between the period of payment and policy start date. In case, the policy has stayed expired for more than 90 days, then the insured doesn’t need to provide the previous insurer details. Also, even if a customer has lost his previous insurance details, he can still file for the renewal, provided his policy has stayed expired for more than 90 days.
|You may like to Read: Tips for First Time Bike Insurance Buyers|
Prominent Companies That Offer Break-In Renewal Policy
Now the expired Two Wheeler insurance is no longer remain a liability on the owners. The two-wheeler online break-in policy is the solution to all the outdated two wheeler insurance policies. There are various insurance companies which have come up with the online renewal of break-in two wheeler insurance plans.
Bajaj Allianz, Bharti AXA, Navi Two Wheeler Insurance, Digit, Edelweiss, HDFC Ergo, IFFCO Tokio, Kotak Mahindra, Liberty, National, New India Assurance, Oriental, Reliance, SBI, Shriram, TATA AIG, United India and Universal Sompo General Insurance are the companies that are offering a break in two wheeler insurance plans. Get benefit from Bajaj Allianz bike insurance. Either you can visit websites of these insurers directly or you can buy a policy through PolicyBazaar.
Why Should You Buy a Break-in Two-wheeler Policy from PolicyBazaar?
Today, it is feasible to buy virtually anything in the online world, but if you’re still on the fence about whether to purchase break-in two wheeler policy online, here are some major benefits of buying the insurance policy online at PolicyBazaar.
- No Documentation Required
- No Inspection Required
- Pay No Extra renewal Charges
- Instant Issuance of Policy
- Buy Online and Save Money
- Compare from Different Insurers
The two-wheeler insurance calculator, available at PolicyBazaar, suggests an appropriate policy as per the age and type of two-wheeler. By filling details like your vehicle type, registration number and year, you can get insurance quotes of different insurance companies.
Think ahead, plan accordingly and get your two-wheeler break-in insurance policy online and remember, you rather be safe than sorry.
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