Bike insurance in Bihar

Legal Requirement: A third-party bike insurance policy is mandatory in India as per the Motor Vehicle Act 1988. Thus, buying a policy like this ensures compliance with legal requirements and prevents you from paying hefty fines

Financial Coverage: Bike insurance provides financial coverage against damages from accidents, whether to your bike or third-party property, relieving financial burdens during unexpected events. It also provides coverage against theft. 

Coverage for Natural Disasters: A two-wheeler insurance policy also extends financial coverage in natural disasters such as floods or storms, safeguarding your bike against all the odds.

Customisable Policy: A bike insurance policy can easily be customised by including riders like Roadside Assistance Cover, Engine Protection Cover, No Claim Bonus Protector, etc. Please note that you can consist of these add-ons only if you opt for a Comprehensive policy. 

Personal Accident Cover: Along with a bike insurance policy, having a Personal Accident Cover is also mandatory. With this cover, you will get financial protection of up to Rs. 15 lakhs in case the policyholders meet an unfortunate demise or suffer partial/permanent paralysis.

No Claim Bonus Benefit: With your bike insurance policy, you can also take advantage of the No Claim Bonus benefit if you have not raised any claim in a given year. The No Claim Bonus benefit also allows you to save on bike insurance premium amounts. 

Any injury or damage to a third-party

Any damage to the insured bike

If the bike is lost or stolen

Personal accident injury cover

Any damage to the bike due to natural disasters or fire outbreaks

Any kind of mechanical or electrical breakdown

If the bike is intentionally damaged

Any damage to the personal belongings on the bike

If the bike suffers damage when being used for commercial purposes

If the rider is riding under the influence of alcohol or drugs or is overspeeding

Compare Different Plans: When buying two-wheeler insurance, you should explore multiple options. You can compare plans online and select the one that best suits your needs.

Choose A Reputable Insurer: Before buying insurance from any company, it is essential to verify their credibility. You can check their claim settlement ratio and read online reviews. Moreover, you should also check their customer support service. It is ideal to choose an insurer that offers 24*7 customer support.

Buy Online: One of the easiest and most cost-effective ways to buy two-wheeler insurance is online. It is convenient and money-saving.

Availability of Network Garages: Checking the availability of network garages is also very important while buying a bike insurance policy. The more cashless garages, the easier to get cashless claim settlement done.

Check the Inclusions and Exclusions: Another thing that you need to be wary of while buying a bike insurance policy is checking its inclusions and exclusions. By checking the inclusions and exclusions, you will get a clear understanding of what the policy offers exactly.

Premium Amount: When buying a bike insurance policy, you should check the premium amount. This is important so that you are aware of whether the bike insurance premium aligns with your budget.

Go to the bike insurance option available on ACKO app or website

Enter the bike registration number and click on check prices

Next, provide bike details like its make and model, chassis number, year of registration, etc

Also, provide personal information like email address, mobile number, area pincode, etc

Then, you will be able to see a list of available bike insurance plans

Choose a suitable policy along with add-ons

Complete the premium payment to receive the policy details on your registered email id 

Visit the ACKO website/mobile app and sign in to your account

Scroll down to your bike’s policy card and click “Claim now”

Answer a few questions, upload relevant images, and click 'Submit'.

Policyholder’s driving license

Bike registration certificate

FIR

Policyholder’s identification proof

Premium payment receipt

Original bills for reimbursement

Third-party two-wheeler insurance is mandatory under The Motor Vehicles Act of 1988. Riding without it in Bihar or elsewhere in India can result in heavy fines.

You need to purchase a comprehensive bike insurance plan to receive financial coverage for third-party liabilities and damages to your own vehicle.

It's essential that you renew your two-wheeler insurance before it expires to ensure uninterrupted financial protection against accidental damages and related loss.