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Inclusions and Exclusions of Bike Insurance Policy Online

Submitted by rituroy on Sat, 01/16/2021 - 00:04

In most cases, people only consider the coverage when it comes to buying or renewing their two wheeler insurance policy online. There’s nothing wrong in that since the better and broader the coverage of a bike insurance policy the more beneficial it will be for you. But, with coverage, you must also know about exclusions of bike insurance policy to ensure that you get your claim settled without any hassle and rejection.
Let’s find out the inclusions and exclusions of two-wheeler insurance below:
Inclusions of Two Wheeler Insurance Policy
There are two types of bike insurance plans: third party cover and comprehensive two-wheeler insurance. Third-party policy only covers the insured against any third party legal liabilities in case of a third party death, injury or property damage in case of an accident.
However, the third-party bike policy doesn’t cover own damage. For this, comprehensive policy has been designed which covers third party damage as well as own damage.
Let’s find out the coverage of a comprehensive two-wheeler insurance policy below:
Burglary, housebreaking or theft.
Strike and Riot.
Earthquake (Fire and Shock) Damage.
Damage by landslide/Rockslide
Malicious Act.
Their partly death / injury
Accidental external means.
Storm, Hurricane, Flood, Typhoon, Inundation, Tempest, Hailstorm and Cyclone.
Third party property damage
Terrorist Act.
Explosion, fire, lightning or self-ignition.
Any damage whilst your vehicle in transit by inland waterway, road, elevator, lift, air etc.
Two Wheeler Insurance Exclusions
The exclusions of bike insurance policy include the followings:
Breakdowns, wear and tear
Consequential loss
Claims arising out of contractual liability.
Any loss or damage when driving with invalid driving license
Loss or damage due to war, civil war, etc.
Any damage while the vehicle is otherwise used than in accordance with `limitations as to use’.
Any damage incurred while driving under the influence of alcohol.
Now that you know the inclusions and exclusion s of bike insurance policy, it is advisable to compare different two-wheeler insurance plans on offer from different insurers online to get the best coverage for the best price. You can click here to check out the top bike insurance policies on offer.