BMW Motorrad, which is the motorcycle arm of the German firm BMW, is one of the best motorcycle manufacturers in the world. The bike manufacturer has produced two-wheelers since 1923. Except for G310 series, the production of all BMW Motorrad motorcycles takes place in Berlin, Germany. If you own a luxury motorcycle from BMW Motorrad, it is essential to purchase a two wheeler insurance policy with extensive coverage to ensure that your vehicle and you are protected from financial losses due to untimely events.
A luxury motorcycle from BMW Motorrad is more than just a means of transport. For many individuals with premium motorcycles, the bike is also a valuable asset that is worth protecting. Thus, it is necessary for you to purchase a two wheeler insurance policy that will provide you financial coverage against untimely incidents. Also, it is advisable to purchase the riders or add-ons that you require to enhance the protection offered by the base policy. While the number and type of add-ons that are offered by various motor insurance companies will vary, some of the common riders that are offered by insurers are the Zero Depreciation Cover, Personal Accident Cover for Co-Passengers, etc. Although these riders are usually offered by motor insurance companies for an additional price, it is advisable to purchase the add-ons that you require since it will give your BMW Motorrad two-wheeler increased coverage.
As a prospective bike insurance policy buyer, you can purchase any one of the following insurance policies:
*Note: For the complete list of inclusions and benefits, make sure to refer to the policy document provided to you by the insurer or the policy brochure.
Even if you purchase a two wheeler insurance policy to protect you from the financial implication of an untimely event, you should know that the policy will have certain limitations. Listed below are some of the common exclusions that are applicable for motor insurance policies:
*Note: For the complete list of exclusions, make sure to refer to the policy document provided to you by the insurer or the policy brochure.
The main purpose of purchasing a two wheeler insurance policy is to ensure that you always have a cover against any expenses that you might have to incur in the event of a vehicle damage, loss, or theft. For premium BMW Motorrad two-wheelers, it is necessary to purchase a comprehensive two wheeler insurance policy and customize the policy by opting for the add-ons that you require.
Also, if you wish to get the best coverage for the premium that you are willing to pay, it is necessary to compare a few different policies that are offered by motor insurance companies in India. You can do this comparison by visiting the official websites of different insurers or by visiting a trusted-third-party insurance website. Make sure to also request for premium quotes by using the premium calculator tool that you will find on the website of insurance providers.
With a two wheeler insurance policy, in the event of an accident or vehicular damage, you will be able to avail cashless service in any network garage that has partnered with your insurance company, after completing the necessary preliminary formalities.
After purchasing a bike insurance policy, make sure to read through the policy document to be aware of the various terms and conditions of the policy. You will need to renew the policy within the due date specified by the insurer to receive continuous coverage.
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