What are The Two Wheeler Insurance Add-ons

Owning a two-wheeler is a convenient and affordable way to get around town. However, it also comes with risks. Accidents, theft, and other unforeseen events can cause damage or loss to your bike and leave you stranded. This is where two-wheeler insurance comes in. A comprehensive insurance policy can protect you against financial losses and help you get back on the road quickly.

But what if you want more than just basic coverage? What if you want to customize your policy to fit your specific needs? That's where two-wheeler insurance add-ons come into play. These optional upgrades can provide additional protection and peace of mind in a variety of situations. In this article, we'll explore some of the most popular two-wheeler insurance add-ons and help you decide which ones are right for you.

What Are The Two Wheeler Insurance Add-Ons?

Two-wheeler insurance add-ons are additional benefits or riders that you can add to your existing insurance policy. These add-ons offer additional protection and coverage beyond what is provided by your basic insurance plan. Some of the most common two-wheeler insurance add-ons include:

1. Personal Accident Cover

Personal accident cover is an essential add-on for two-wheeler owners. This add-on provides financial compensation in case of accidental death or permanent disability caused by a road accident. It also covers medical expenses incurred due to injuries sustained in a road accident.

2. Zero Depreciation Cover

Zero depreciation cover is another popular add-on that can save you a lot of money in case of repairs or replacements. As the name suggests, this add-on eliminates the depreciation factor from your claim, which means you will be reimbursed the entire cost of the replaced parts without any deduction for depreciation.

3. Engine Protection Cover

The engine is the heart of your two-wheeler. In case of any damage to the engine due to an accident, you may end up with a hefty repair bill. The engine protection add-on covers the cost of repairs or replacement of the engine, ensuring that you are not left with a massive expense.

4. Accessories Cover

Two-wheelers come with various accessories such as GPS systems, music players, and additional lights. These accessories may not be covered under your basic insurance policy. The accessories cover add-on offers coverage for any loss or damage to your bike's accessories due to theft, accident, or natural calamities.

5. Roadside Assistance Cover

Getting stranded on the side of the road due to a flat tire or mechanical breakdown can be a frustrating experience. Roadside assistance cover provides 24/7 emergency assistance services, including towing, fuel delivery, and battery jump-starting.

FAQs about Two Wheeler Insurance Add-Ons

1. Can I add multiple add-ons to my policy?

Yes, you can add multiple add-ons to your two-wheeler insurance policy. The cost of the policy will increase with each add-on, but it can provide you with better coverage and peace of mind.

2. Do I need to purchase add-ons along with the basic policy?

No, you can purchase add-ons at any time during the policy period. However, it is recommended that you purchase them along with the basic policy to ensure continuous coverage.

3. Can I remove add-ons from my policy?

Yes, you can remove add-ons from your policy. However, the premium may change, and you may not receive a refund for the unused portion of the add-on.

4. Do I need to pay extra for add-ons?

Yes, add-ons come with an additional cost. The cost of each add-on varies depending on the insurer and the coverage offered.

5. Are add-ons necessary?

Add-ons are not mandatory, but they can provide extra protection and peace of mind in case of unforeseen events. You can choose add-ons based on your specific needs and budget.

Conclusion

Two-wheeler insurance add-ons can offer additional protection and peace of mind in case of accidents, theft, and other unforeseen events. By customizing your policy with add-ons, you can ensure that your bike and yourself are protected from financial losses. Some of the most popular add-ons include personal accident cover, zero depreciation cover, engine protection cover, accessories cover, and roadside assistance cover. You can choose add-ons based on your specific needs and budget. Remember to compare the coverage and cost of add-ons from different insurers before making a decision. Stay safe and enjoy your ride with the right two-wheeler insurance add-ons.