In India, a two-wheeler is one of the most convenient modes of transport. However, depending on road and traffic conditions as well as riding habits, a two-wheeler can also be a bit more vulnerable to accidents. Unfortunately, bike accidents are more common than car accidents in our country. While proper riding gear will ensure physical protection for the rider, financial protection is also imperative. For this, it is advisable to buy two-wheeler insurance online from reputable insurers such as Reliance General Insurance. This will take care of your finances in case of damage caused to you or your bike due to accidents, riots, fire, theft, natural calamities and more. You might ask if it’s necessary to buy a new policy now, in the time of an ongoing global pandemic. Yes, it is necessary to get at least a third party motor insurance policy as the government of India has made it compulsory under the Motor Vehicle (Amendment) Act, 2019. You can avail several benefits that come with two-wheeler insurance, including online policy renewal and, best of all, access to your insurance company’s cashless network garages. Let’s talk about cashless network garages in detail.
How Cashless Network Garages Work
Cashless network garages are garages that have a direct tie-up with your insurance provider. If you take your two-wheeler to a cashless network garage for repairs, you don’t have to worry about payments as the garage will directly settle the bill with your insurance provider. To avail the benefit of cashless settlement, you simply need to contact your insurer and go to the network garage with necessary documents to get the repairs done. A well reputed company like Reliance General Insurance has more than 4,600 network garages around the country. So, before you buy two wheeler insurance make sure to check the number and location of network garages on your insurer’s list. This will allow you to find out how far from you the nearest network garage of your insurer is. Here are some more benefits of cashless network garages:
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Highly convenient, hassle-free claim settlement
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No lengthy paperwork for filing claims
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You don’t need to worry about finances at the time of need
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Best possible quality of repair work
Now that you know about the benefits of cashless network garages, let’s come to the other benefit, which is online policy renewal. One can easily renew or switch their policy online by visiting the insurance provider’s website. You should set a reminder on your smartphone or calendar for timely policy renewal, though you can get an additional 15-day grace period if you happen to miss the renewal due date. (If you still don’t renew your bike insurance policy in this period, your policy will lapse.) For renewal, all you need to do is:
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Visit your two-wheeler insurance provider’s website
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Enter your phone or policy number
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Click on ‘Pay Renewal Premium’
With these three easy steps, you can renew your policy online.
