How to Choose Two Wheeler Insurance Policy?

Your motorcycle insurance premium is proportional to your motorcycle's actual cash value (ACV), which includes the depreciation cost. Furthermore, the value of your claim's compensation will change. So, always double-check that your IDV is stated accurately when buy Bike Insurance Online. Square Insurance is committed to honesty and openness, so we let you choose the parameters of your IDV.

Review Multiple Bike Insurance Rates

The primary benefit of purchasing bike insurance online is the ability to shop around and compare prices. You can do this by visiting several insurance companies' websites or using an internet insurance aggregator. IDV, available add-ons, service perks, reliability, claim settlement ratios, and processes should all be compared.  

Gains from the Service

The quality of your bike insurance depends on more than just the coverages and claims your insurer will honor (though those are very important). Square Insurance provides services like Roadside assistance (which is not considered a claim) to ensure that we are always here for you, no matter how small the problem may seem. 


Make Sure You Are Covered

You should be able to get the coverage you need from a decent bike insurance policy. That's why you pay a premium, after all! As a result, it's important to evaluate the level of protection you'll need before settling on a bike insurance policy.  

Key highlights of Bike Insurance

Various bike insurance policies exist, each offering the vehicle's owner protection from the following.

Comprehensive Bike Insurance: In the event of an accident, you and the other driver will be protected by comprehensive bike insurance. The policy covers the bike's owner from financial loss in theft, fire, or other covered peril.

Third-Party Bike Insurance: Legally required by most states, third-party liability insurance protects you if you cause harm to another person or their property while riding your bike. This insurance protects policyholders from financial loss due to legal liability for injuries sustained by others and damage to their property. Purchasing "third party only" coverage for a motorcycle does not cover damage to your bike.

Standalone Own-Damage Bike Insurance: As the name implies, standalone own-damage bike insurance covers you in the event of theft or natural or man-made disasters, but not for any third-party obligations.

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