With an alarming rise of vehicles on the road in India, the Government of India made it mandatory to have a valid third-party liability plan. Two-wheelers are a preferred mode of transportation by many people in the country. This is because bikes are cheaper to purchase, provide better mileage, and save time on the commute. With so many vehicles on the road, it is important to have an insurance policy on your two-wheeler.
Choosing the best insurance company depends on your needs and what you are looking for. Different policies available in the market are designed to cater to the varied needs of customers. Some of the popular two-wheeler insurance providers in Noida have been listed below.
*Insurance companies have been listed in no particular order.
When you opt for a two-wheeler insurance policy, you can benefit from the facility of cashless settlements at partner garages. Cashless facility can greatly reduce the financial burden on a policyholder in the event of an insurance claim. If the policyholder chooses to repair their vehicle at one of these partner garages, the insurance company will pay the bill directly. The policyholder will only be liable to pay for any part of the bill that is not covered under the insurance plan.
To locate a partner garage, insurance providers provide the following options:
Cashless settlements can be highly beneficial in case of an insurance claim as it reduces the financial burden on the policyholder.
Before you select an insurance plan for your two-wheeler, there are a few important things to bear in mind.
If you sell your two-wheeler, you need to make sure that all legal formalities have been fulfilled. This will ensure that you are no longer liable for any future liabilities that might arise in connection with the vehicle. To transfer the ownership, you need to inform the Regional Transport Authority (RTO). Apply for a No Objection Certificate (NOC) and then hand over the necessary documents to the new owner. The RTO will transfer the ownership name.
Insurance providers give policyholders the option of transferring the insurance policy. There are a few simple steps to follow in order to get the vehicle transferred.
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