Why Should You Opt For Reliance Two Wheeler Insurance?
Updated On Jul 28, 2021
Read this article to understand the benefits of purchasing your bike insurance from Reliance General Insurance.
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A bike insurance coverage acts as a barrier, protecting you from financial loss if your bike or scooter is destroyed in a traffic accident, natural disaster, or theft. It also protects against liability stemming from damages to any third party, whether property or person. Having bike insurance coverage guarantees that your vehicle is replaced or repaired without breaking the bank. A third-party bike insurance coverage is mandated by the Motor Vehicle Act of 1988.
Why Choose Reliance To Purchase Two Wheeler Insurance?
Reliance General Insurance was founded on August 17, 2000. It is a private insurance company in India that is part of the Reliance Anil Dhirubhai Ambani Group. Unlike the majority of firms, which have foreign ownership partners, Reliance is pushed exclusively by Reliance money. Reliance General Insurance provides insurance services in a variety of industries, including motor, travel, health, and home insurance. It offers insurance with low rates and maximum coverage, and it offers options for customers to reduce their costs, such as by claiming NCB. The following are the reasons why Reliance General Insurance is a good choice for your bike insurance -
Company With Decent Reputation
While looking for bike insurance, it is very important to purchase it from a reputed and legitimate brand or insurance provider that has a decent reputation. This way, you can prevent falling into fraudulent companies. Reliance companies is a reputed brand that has over 139 branches in India. Thus, you can rely on its services in case of any misfortune accident.
You may also like to read:- Everything You Need To Know About ICICI Lombard Two-Wheeler Insurance
Instant Renewal Facility
Reliance provides a simple method for renewing bike insurance that can be completed online. You only need to input a few data, such as your vehicle's registration number, to obtain a quotation quickly. Furthermore, Reliance provides 24x7 telephone help, and this aid to deal with an instant claim is offered to the consumer on all days, including holidays. The application procedure is straightforward, as well as quick and dependable. As a result, the claim settlement procedure is quite easy.
Personalized Add-On Covers
Additional covers are very important to enhance the coverage of your standard insurance policy. Adding these covers to your policy helps you to get the adequate coverage you require. Reliance provides a variety of online bike insurance add-on covers such as Nil Depreciation, Daily Allowance Benefit, EMI protection, Helmet Cover, and more that you may customize to meet your specific needs. There is also personal accident coverage included in the plan, which provides an extra 15 lakhs in coverage for any medical treatments required as a result of an accident.
Cashless Facility For Insured Bike
Reliance also provides the insurer with the option of using cashless garages in the case of any damage sustained by your bike. Reliance has over 1198 network garages. This means that you'll be able to quickly find a network garage in a Tier 1 or Tier 2 city near your home. Reliance is well-known for settling bike insurance claims and offering dependable services in the quickest and most efficient period possible.
Affordable Premium With No Claim Bonus
A no-claim bonus is a payment paid to policyholders for each year without a claim. Reliance offers a no-claim incentive of 20% for the first year, 25% for the next two years, 35% for the next three years, 45 percent for the next four years, and 50% for the next five years. There is also the option of voluntary deductibles, which the policyholder can use to reduce the amount of the bike insurance cost. A deductible of between Rs 500 and Rs 1500 might be set, lowering the premium by 5% to 20%.
You should always be systematic and thoughtful while purchasing bike insurance. Make sure to compare different bike insurance plans before you finalize one as you can explore and come across various policies that have different offers. However, renew your bike insurance regularly and ride safely!
Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.