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How to get enhanced coverage for your two-wheeler insurance

When you’re deciding to buy a bike, there are a lot of factors you consider – style, engine capacity, mileage, technical specs, peer reviews, etc. When so much thought goes into the purchase, don’t you think it makes sense to spend some time on insuring your bike too! Welcome to Insurance Bazaar on the Bajaj Finserv App. A place where you can explore plans, compare, choose add-ons and make an informed purchase. 

Buying a two-wheeler insurance plan is important for 2 main reasons – increase in the number of road accidents and legal mandate to have insurance cover.

What does the Bajaj Finserv App offer

The Bajaj Finserv App has a host of great advantages that help you buy the best suited bike insurance plans. For starters, the purchase is 100% digital with no tedious paperwork. With just a few details, you can get competitive quotes from our partners, know more about the product features and buy in few simple steps. All this from anywhere, anytime. 

How to Enhance the Coverage of Your Two-wheeler Insurance? 

Two wheeler insurance premiums depend directly on the vehicle’s Insured Declared Value (IDV), which is the maximum amount payable in case of irreparable damage to your bike. Once you choose your IDV, your premium is shown for the base plan. Beyond this, to enhance your coverage further, you need to check and include the available add on covers. Add -on covers are specific coverages made available by our partners that you can purchase over and above the base plan for a nominal additional price. Let’s tell you about some of the add-ons that are advantageous. 

Add-ons you can pick with you two-wheeler insurance

Engine Protector 

The engine is the heart of your bike but most insurers do not offer coverage for repair costs for the engine. The engine protector cover is an important add-on, especially if you have a bike with a technically advanced engine that requires expert care in case of repairs. With this rider cover, you can claim for the replacement of:

  • Gear shaft 
  • Crankshaft 
  • Pistons
  • Clogging due to water ingression
  • Leakage of lubricating oil  

Nil or Zero Depreciation

Coverage for repair or replacement of depreciable parts of your bike such as fibre components, plastic or rubber is not included in most plans. To be able to get these components also covered you must add on the Zero Depreciation or Zero Dep cover as it is popularly known. 

Accident Cover for Pillion rider

Most often than not, pillion riders on bikes are family or friends and in case of an accident, they are at equal risk as the rider. With this add on, you can be sure even the pillion rider is covered in case of an accident. For a small price, this can secure your rides and the riders. 

In conclusion.

We hope that the above article has given you some information about enhancing the coverage of your two-wheeler insurance policy. If you wish to buy a two-wheeler insurance policy and check further on the add-ons, you can download our Bajaj Finserv app

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