The bike insurance premium calculator is an online tool, which calculates the approximate insurance premium of a bike and helps generate quotes from different insurers by comparing the wide range of plans available from the information provided. It's quite a useful tool as it allows you to go through all the plans of the different insurers and select the best among them based on your budget and coverage.
There are a few reasons why you should use this calculator. The most significant ones are highlighted below-
Here are some of the notable benefits of using this calculator. Let's check them out:
With the help of a bike insurance premium calculator, buying two-wheeler insurance has become easier. To get premium quotes, one needs to follow the below steps-
Several factors contribute to calculating a two-wheeler insurance premium. Let's check out the most important ones.
With the help of our experts, we at PolicyX.com, have penned down a few points that can help you in reducing the premium amount of your bike insurance policy. Let's check them out.
1. What is the third-party liability bike insurance premium for the financial year 2019-20?
Engine CC of the Bike | Premium with effect from 16th June 2019 (Rs.) |
Not exceeding 75 cc | 482 |
Exceeding 75 cc but not exceeding 150 cc | 752 |
Exceeding 150 cc but not exceeding 350 cc | 1,193 |
Exceeding 350 cc | 2,323 |
2. What documents are necessary for filing a two-wheeler insurance claim?
3. How much time does it take for the insurers to send a two-wheeler policy document?
Generally, most insurers send the soft copy of the policy as soon as you pay the premium. But in some cases, a few insurers may take hours to share the same.
4. Is there any disadvantage of buying a two-wheeler policy online?
No, there is none. On the contrary, buying insurance online helps to save time, money, and guarantees the safety of your data.
Last updated on 03-12-2020