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The number of two-wheelers plying the roads has drastically increased over the past few decades and the numbers are ever-increasing. With over 154 million two-wheelers in India, the Government of India introduced a rule under the Motor Vehicles Act, 1988, making it mandatory for all vehicle owners to have at least a third-party insurance policy. With this insurance policy covering third-party liabilities, the person responsible can claim insurance to cover the damages caused to someone else.
Finding the ideal policy will depend on your requirements, the coverage you want and the premium you are willing to pay. You need to do your own research between the different insurance companies and the plans available in the market. Some of the popular insurance companies in Rajkot that offer motor insurance for two-wheelers 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. Under cashless facility, the garage and the insurer will deal directly with each other and settle the bill, making it less expensive for the customer. The insurance company will be able to eliminate much of the hassle involved with insurance claims. To locate a cashless garage in Rajkot, insurance providers provide the following options:
Availing services from cashless garages in Rajkot saves time for all parties involved. There is minimal involvement required from the customer, while the garage and the insurance company communicate directly with each other.
There are a few things to keep in mind when buying a two-wheeler insurance policy. This could make all the difference in how satisfied you are with your insurance plan.
While selling your bike, there a few things you need to do to complete the sale legally and to ensure that you are not held accountable for any future liabilities that might arise in connection with the vehicle. To transfer the ownership of the bike, one needs to follow the procedure given below:
If the new owner meets the eligibility criteria of your current insurance policy, then you can transfer the policy to them. Most insurance companies provide this option through an easy process. To do so, you can follow the steps given below:
Apart from insurance being a legal requirement, it is smart decision to pay a small premium to ensure you are financially protected in case you are ever in an accident. Many people in India still do not have insurance on their bikes. With the rate of accidents being so high in our country, it should be a no-brainer to take an insurance policy. Accidents are unforeseen and can result in exorbitant costs. An insurance plan could go along way in providing financial support in these times.
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