Okinawa Bike Insurance

1) Do electric two-wheelers need to have a two-wheeler insurance policy?

Yes, electric two-wheelers do need a two-wheeler insurance policy similar to conventional vehicles. The Motor Vehicles Act is also applicable to electric two-wheelers.

2) From where can I buy a two-wheeler insurance policy for my Okinawa bike?

You can buy two-wheeler insurance online or offline. But it's better to opt for online bike insurance as it will save you a lot of time and money. You can compare different insurance plans online before making the final choice.

3) Can I renew two-wheeler insurance online? How much time does it take?

Yes, you can renew two-wheeler insurance online, and it will take only a few minutes as the documentation is simple.

4) Are there any penalty charges if I renew my two-wheeler insurance after it expires?

There will be no penalty charges if you renew the bike insurance within the grace period provided by the insurer, post grace period you have to pay the required penalties to renew the two-wheeler insurance.

5) What are the required documents to renew my Okinawa bike insurance?

The following documents are required to renew Okinawa bike insurance:

• Vehicle registration certificate

• The previous insurance policy certificate

• Identity proof

6) What is NCB (No Claim Bonus) in Okinawa bike insurance?

NCB is nothing but the discount provided by the insurance company for not making any claims during the tenure of the previous bike insurance policy.

7) Is buying add-ons compulsory for Okinawa bike insurance?

No, buying add-ons is not mandatory for Okinawa bike insurance. But you can consider buying add-ons to enhance the scope of coverage of the comprehensive bike insurance policy.

8) Can I buy add-ons for a third-party bike insurance policy?

No, you cannot buy add-ons for third-party bike insurance. Only comprehensive bike insurance allows you to purchase add-on covers.

9) How much will it cost to insure my Okinawa bike?

The cost of Okinawa bike insurance depends on the value and condition of the two-wheeler. The higher the value of the two-wheeler, the higher the cost of the insurance policy.

10) How can I reduce the cost of Okinawa bike insurance?

You can reduce the cost of Okinawa bike insurance by installing anti-theft/security device on the two-wheeler as it reduces the risk of vehicle theft. You can also avoid buying unnecessary add-ons to reduce the insurance premium. Lastly, you can opt for third-party bike insurance to reduce the cost of two-wheeler insurance.