An increasing number of women in India have started purchasing and riding two-wheelers. While most women prefer scooters (non-geared bikes), some have taken to geared motorcycles too. Regardless of the kind of two wheeler you ride, two wheeler insurance is necessary to ensure that you are financially secure in case of accidents. Moreover, two wheeler insurance is compulsory for every vehicle under the Motor Vehicles Act. If you too are a lady rider, make sure you get your two wheeler insurance to stay safe and secure.
You can purchase two wheeler insurance plans online or offline depending upon your convenience. Purchasing insurance online is much easier because you can visit multiple official websites of insurance providers or third party portals from the comfort of your home. Also, purchasing it online could help you easily compare different plans with different premiums and other features. On the other hand, if you want to buy two wheeler insurance offline, you will have to visit a branch of an insurance provider and buy a plan with the help of a representative or agent.
The following are the types of two wheeler insurance available to women:
Comprehensive two wheeler insurance is designed to protect riders damages caused due to man-made or natural calamities such as floods, riots, storms, earthquakes, strikes, terrorism, etc. It also protects the rider against accidents and covers medical and hospitalisation expenses incurred due to accidents. Comprehensive two wheeler insurance also covers third party liability. In case you meet with an accident and damage is caused to another vehicle, person or property, it will be covered by comprehensive two wheeler insurance.
Third party insurance covers only damages caused to a third party due to an accident. It does not compensate for the damage caused to your own bike.
From the above two options, it is best to go for a comprehensive policy. The reason for this is that even though it is slightly more expensive, it is all-inclusive and will minimise your expenses considerably in case of accidents.
The following are some of the top bike insurance policies you can consider:
1. Bajaj Allianz two wheeler insurance
2. Bharti AXA two wheeler insurance
3. IFFCO Tokio two wheeler insurance
4. Future Generali two wheeler insurance
5. Universal Sompo two wheeler insurance
6. New India Assurance two wheeler insurance
7. HDFC Ergo two wheeler insurance
8. Reliance two wheeler insurance
9. TATA AIG two wheeler insurance
Loss or damage caused due to over speeding is not covered by the two wheeler insurance. Riders should be careful about the speeding and keep it in limit to avoid such damages and losses.
two wheeler insurance for women also doesn't cover the losses or damages occurring when the owner of the bike has lent it to someone else. If someone else is riding your bike and met with an accident then the cost of repairs and will not be borne by the insurance company.
In case of bike theft when the insurer has forget to lock the vehicle or left the keys on the two-wheeler, the insurance company will not bear the loss.
two wheeler insurance for women will not cover the mechanical and electrical failures if there is any.
While issuing a license, the insurance companies take the names of the users who are likely to use the bike except the insurer. If the bike met with an accident while any unauthorised rider is using the same, the company will not give coverage for that.
If the rider met with an accident while riding her two-wheeler under the influence of alcohol or drugs then the insurance company will not take the liability of that.
Vehicles insured in India will not cover the damages or losses incurred while riding in abroad. Your two wheeler insurance will only be liable to pay for the losses occurring in India.
Wearing a helmet while riding a two-wheeler is a mandatory criteria and if you don’t abide by this rule and unfortunately face any accident, then the company will not consider your case.
You may like to read: Top Five Two Wheelers For Ladies In India
Motorbikes give a sense of freedom and this is the reason why it is mostly favored by the young women in India. Since safety is a current concern in our country this is the safest mode of transport for ladies while travelling from one part to another of the city. To increase the safety factor and avoid the cost of repair for losses or damages of the vehicle caused due to accidents or other reasons, it is extremely important for the women riders to buy a two wheeler insurance for their vehicle right while purchasing the two-wheeler. It will not only save you from a lot of hassle but you will have a peace of mind when riding your bike as any loss, damage or theft occurred will be taken care of by the insurance company.