A bike is a dream for many and riding it is bliss. However, a bike comes with responsibility, and the rider must follow precautionary measures to stay safe. Bike riders enjoy the thrills while taking preventative actions including, wearing helmets, following traffic rules, maintaining the speed limit, and having bike insurance.

Bike insurance is a must-have policy to add to your daily life to protect your beloved vehicle from financial loss. It acts as a shield against unforeseen events and provides financial security. You won’t have to bear the hefty expense that comes with the damage to your bike after the traumatic accident. It will also give you solace during the chaos of replacing your stolen bikes or settling legal claims.

What is Bike insurance?


Bike insurance is a financial protection provided by insurance companies against damages caused by multiple factors including, accidents, theft, and natural disaster. Some insurance policies also offer financial aid for the damage or loss caused by the bike rider or owner to any third-party vehicle, property, or person.

Why should you buy bike insurance?

Everything on this earth needs protection, including bikes. No one wants to pay a hefty sum for unforeseen damage to their expensive travel buddy, so financial protection is a must.

Additionally, road accidents have become more frequent lately, with reports of reckless driving causing long-term damage to bikes. Financial aid from bike insurance will be a relief in such dreadful situations. Bike insurance also covers medical expenses for injuries sustained by the bike rider offering peace during emergencies.

Bike riders are also legally bound to buy bike insurance. According to the Motor Vehicles Act of 1988, bike owners need to have at least a third-party bike insurance or have to face serious legal consequences.

What factors to consider before buying bike insurance?


Multiple companies offer different bike insurance plans with various benefits. You need to do a bit of research to find out the most suitable insurance for your bike. However, we have compiled a few factors to consider before buying bike insurance that can save you time and money.

Reliable company: The insurance industry has become one of the most competitive markets with multiple scams and frauds. You need to buy bike insurance from a reliable company. If you are planning to buy bike insurance online, then you should also have a background check, and read customer reviews about the insurance company and the policy. You can make your decision based on their past services, and current reputation in the market.

Best policy: You need to plan and curate the most efficient as well as affordable bike insurance plan. The third-party bike insurance policy might be mandatory by the law but it offers limited coverage. You can go for a comprehensive plan that will cover most of your damages.

Claim settlement: Take your time and carefully read all the hidden clauses that agents often try to avoid revealing. Ensure that your policy includes protection against the damages caused by accident, theft, fire, riots, and natural calamities such as floods, earthquakes, and cyclones.