You can choose longer duration bike insurance online policies when your policy is renewed. You can switch insurers and change your two-wheeler insurance policy if you are not satisfied with the current policy, whether short-term or long-term. You can switch insurers and the insurance and coverage depending on the terms and conditions. How do you switch yourbike insurance provider?
How To Change or Modify Two-Wheeler Insurance Policy?
In general, it is effortless and hassle-free to change your two-wheeler insurance policy. The instances and procedures for renewing an insurance policy are listed below.
During The Renewal Period:
The easiest time to select a different insurance plan is when your policy is being renewed. A policy is an agreement that lasts for a certain amount of time. When the duration is up, the deal requires renewal from the end of the policyholder, and timeartup you can choose the same policy by the same insurance provider, or another one by a different provider. The procedure for renewing a policy is comparable to purchasing one. As a result, there is no need to be concerned about the difficulties brought on by a different process. If applicable, your No Claim Bonus (NCB) will be kept if you select a different insurer stylusworlds. *
During The Policy Period:
You can switch insurers while your policy is in effect, though doing so is not advised. Discuss your choice with your current insurer and adhere to their procedures. You can quickly buy a new policy online, but make sure your old one is cancelled and your new one is activated first. Only use your bike if your old policy is cancelled and your new one is in effect.
You Just Bought A Two-Wheeler:
An insurance policy covers a specific vehicle. You ought to ensure that the bike insurance policy for your bike is in the name of the new owner if you sell it. Typically, transferring the insurance policy is the responsibility of both the seller and the buyer. A crucial step is to finish this procedure as soon as possible to avoid legal repercussions.
Vehicle Change:
You’ll need to buy new Bajaj Allianz two-wheeler insurance for a new bike. Do not bank only on your bike dealer regarding your vehicle’s insurance. Although it might seem practical, it is not always fruitful. Due to their affiliations, the bike dealer may limit your options to a select group of agents or insurance providers. You are not required to buy new bike insurance from the bike dealer; you can do it online.
Insurance For Two-Wheelers That Has Expired:
You should avoid being in a position where your insurance has expired. It is against the regulations to ride a bike with an expired policy. Additionally, you become eligible for a vehicle inspection, which raises your premium, if there is a subsequent void between applying a new policy and expiring an existing one. The accumulated NCB will also be forfeited if the gap lasts longer than 90 days. *
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* Standard T&C Apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.
