Gwalior, one of the former princely states of India is today an important city in Madhya Pradesh, with over 2 million people calling it home. The city has a sizeable number of vehicles on its roads, with two-wheelers accounting for around 70% of them. In terms of vehicle registrations in the state, Gwalior saw over 46,000 vehicles registered during 2013-14, which was an annual increase of 38.73% over the previous year. This number has increased each year, which has contributed to an increase in incidents of road accidents, with two-wheelers being involved in most of them.
A good insurance policy is a must for riders in the city, for it not only helps offset losses during an accident but also provides peace of mind. The government has made it mandatory for all two-wheelers to have insurance, with the authorities powered to take action in case of any violation.
Gwalior is considered as a Counter-Magnet city, which in essence means that it is a city which has been selected for development around New Delhi. As such, a number of general insurance companies have established offices here, offering two-wheeler insurance policies to residents. Around 30 such companies offer their products and services in the city, with the popular ones being:
The names mentioned above are not ranked in any specific order and just highlight the popular options in the city.
Insurers provide the services of cashless garages in Gwalior, aiming to improve their customer rating. These garages can be utilised by customers in case of any accident. Insurance companies have gone out of their way to tie up with local garages to attract new clients. An individual looking to service his/her bike at a cashless garage can do so without any hassle.
Locating cashless garages in Gwalior is easy, with a number of ways to do so.
Choosing to get a damaged vehicle fixed at a network garage can be beneficial in a number of ways, as highlighted below:
A good two-wheeler insurance policy can be extremely useful during an accident. Choosing the right insurance policy can be hard, especially given the number of options available. Individuals looking to purchase a bike insurance can get a better deal if they keep these simple points in mind.
With Gwalior just a few hundred kms from the national capital of India, a number of two-wheelers registered in different states can be found in the city. Individuals who are looking to purchase a used two-wheeler should ensure that the insurance policy is transferred to their name, for failing to do this gives the insurer sufficient grounds to reject a claim.
Transferring ownership of the insurance policy is simple and can be done by following these basic steps.
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