Motor insurance is a smart investment to make because the risk of accidents on Indian roads is very high. The number of two-wheelers plying the roads has drastically increased over the past few decades and the numbers are ever-increasing. Under the Motor Vehicles Act, 1988, it is mandatory to have at least a third-party liability policy for any two-wheeler. There are a number of insurance providers offering adequate coverage at affordable premiums in Ghaziabad.
With so many insurance providers in the country, choosing the best insurance policy can be a daunting task. Finding the ideal policy will depend on your requirements, the coverage you want and the premium you are willing to pay. Some of the popular two-wheeler insurance providers in Ghaziabad have been listed below.
*Insurance companies have been listed in no particular order.
Insurance companies that provide motor insurance often partner with garages to make the claims settlement process smoother and easier for all parties involved. If a customer chooses to avail repair services from a partner garage, then the insurance company will be able to eliminate much of the hassle involved with insurance claims. The garage and the insurer will deal directly with each other and settle the bill, making it less expensive for the customer. To locate a cashless garage in Ghaziabad, insurance providers provide the following options:
The main feature of cashless garages is the claim is settled directly between the garage and the insurance provider. Apart from this, customers can benefit from a number of other features of cashless garages in Ghaziabad.
When buying a two-wheeler insurance policy, there are some important factors that will influence the premium and the coverage. To find the most ideal plan for your two-wheeler, these are a few important things to keep in mind:
When you sell you two-wheeler, there is a legal process to follow. When handing over the vehicle, you need to ensure the ownership name is transferred. You can do this by visiting the Regional Transport Authority (RTO). You need to inform them of the sale of the vehicle. You can then apply for a No Objection Certificate (NOC).
In addition to this, you can also transfer the insurance policy by changing the name to the new owner. If the new owner fulfills the eligibility criteria of the insurance plan, the company will transfer the name. To do so, you can follow the steps given below:
If you have accumulated a no-claim bonus on your policy, then you can apply for an NCB certificate. The bonus will remain in your name as it is not transferrable to another person. If you buy a new insurance policy on a different vehicle, you can avail the NCB from your old policy.
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