The Motor Vehicles Act of 1988 makes it mandatory for all vehicles in India to have a third-party liability policy. This essentially means that riding a two-wheeler without an insurance policy can attract a penalty. Thane, which has seen a surge in its vehicular population over the last few years has a sizeable number of two-wheelers, with accidents on the roads a common feature here.
Given its proximity to Mumbai, Thane is home to a number of insurance providers. Individuals looking to purchase a good two-wheeler insurance policy have exhaustive options to choose from, with the popular insurers in Thane being:
Please note that the names listed above are not ranked in any specific order.
Most insurance companies partner with local garages to simplify the process of getting a damaged vehicle fixed. Customers can avail the benefit of cashless service at these garages, with it possible to locate the nearest cashless garage in Thane by using any of the following means.
Utilising the services of a network garage can be advantageous in a number of ways.
When it comes to a bike insurance, most of us end up purchasing it just for the sake of government regulations. Considering a few points before we buy the policy can be extremely beneficial in the long run.
In case one sells his/her two-wheeler to an individual from another state, it is important to transfer the insurance policy to the new owner. An insurance company can reject a claim if there is a mismatch between the details of the owner and the owner of the policy. Transfer is possible by completing a few simple steps.
One must remember to collect the NCB certificate in order to avail the benefits of the accumulated NCB before they transfer ownership of the insurance policy.
The content on this website is meant only for general information purpose and does not and shall not be construed as any solicitation, procurement, display, aggregation, marketing or advertisement of insurance products. BankBazaarInsurance is not an insurance intermediary and hence does not endorse or solicit any such products. The information on this website is derived from publicly available sources and BankBazaarInsurance cannot verify or confirm the genuineness, truth, veracity or authenticity of this information.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.