BMW G 310 GS Bike Insurance

Can I buy online insurance for my BMW G 310 GS and is it reliable?

Yes. New-age digital insurance companies such as Acko, offer paperless and hassle-free experience while shopping for a bike insurance policy. Not just while shopping, but also while renewing and registering a claim. For a premium bike such as the BMW G 310 GS, it needs premium bike insurance as well. You can simply visit the website or download the mobile app to transact online without much effort.

How can I reduce the insurance cost for my BMW G 310 GS?

Compared to the traditional insurance companies, digital-first companies deal directly with the customer without the need for an agent or middlemen. This has led to a reduction in the operational cost for the insurer and the benefit is passed on to the customer. Also, you can instal security devices such as anti-theft devices to secure your bike. Insurers consider your priority for safeguarding your bike and may offer a lower premium on the bike insurance policy. Additionally, you can become a member of the associations such as the Western Automobile Association or the Automobile Association of India.

How to renew insurance for my BMW G 310 GS?

Renewal of two-wheeler insurance has become quicker with the advent of online insurance companies. The entire journey of renewal is easier with the paperless transactions. Simply log in to your account through the website or the mobile app and select the insurance to renew. Also, you can switch to a new insurance company while renewing the insurance for your bike. Enter a few details such as the registration number, existing policy details, year of manufacture, the variant, location and personal details to renew the policy and get the policy document instantly to your email address.

How much does it cost to insure my BMW G 310 GS in India?

The cost of bike insurance for your BMW G 310 GS depends on various factors. These include the cost of the bike, location, year of manufacture, among others. You can get a bike insurance quote from digital insurance companies such as Acko and then decide the best insurance for your adventure motorcycle.

What is the best IDV for my BMW G 310 GS bike?

IDV or Insured Declared Value is the approximate market value of the bike. This can be customised as per your requirement. However, any changes to the IDV will alter the premium cost. IDV is the payable amount in case of a total loss of the insured due to theft, fire, etc. It is important to insure the bike at least with the current market value and not lower even though that might decrease the insurance cost.

What types of documents are required to insure my BMW G 310 GS bike?

To insure your bike, you will require the registration details, cost and location details of the bike. Furthermore, you will have to provide personal documents such as ID and address proof. However, with digital insurance companies such as Acko, you do not have to submit any physical document. It is completely paperless. Through the power of the internet, you can visit the website or the mobile app to insure your bike. Enter a few details such as the registration number, year of manufacture, the location of the bike and existing policy details to insure your bike almost instantly.

Is the inspection mandatory to renew the expired bike insurance for my BMW G 310 GS bike?

The inspection may be required in case your existing policy has expired. The insurance company will assign a surveyor to assess any damages before fixing the insurance cost. That being said, the insurance policy can be renewed within 30 days of the expiry date without any penalties. Post the 30 days, the insurer may charge a penalty or a fee to renew the policy. Any No Claim Bonus (NCB) that you have earned may be valid for a period of 90 days after the expiry and this may differ between insurers.

What are the best add-on covers that will suit my BMW G 310 GS motorcycle?

Add-on covers are designed to cover a specific aspect of the bike. For example, the Pillion Rider Cover provides coverage for the pillion rider in case of any liabilities. There is also the NCB Protect, which shields the NCB even if you raise a claim during the policy period. There are several other add-ons to choose and you can refer to the above-mentioned add-on covers.

What does cashless claim mean and how does it work?

The insurance company is tied with several garages across the country, and they are referred to as “network garages”. In case of accidental damages to your bike, you can opt to get it fixed at any of the network garages that the insurer has tied up with. The repair bill is paid directly by the insurer to the garage, thereby offering a cashless experience. This is known as a cashless claim.

Can I buy Third-Party insurance to reduce the insurance cost of my insurance policy?

Compared to the Comprehensive cover, the Third-Party insurance cost is lower. However, it does not provide cover for the insured bike. In case of an accident and that leads to damages to the insured bike, the insurance company will not cover the same and you have to pay from your pocket. Also, with the Comprehensive cover, you can opt for several add-on covers to increase the coverage for your BMW G 310 GS.