Two Wheeler Insurance in 2025: Two vehicles are majorly accessible vehicles in India where almost most of the middle class and lower class families too own a two wheeler vehicle. According to motor vehicle act, it is mandatory to own a vehicle insurance while purchasing your two wheeler or four wheeler. Apart from this the insurance helps owners to claim the maintenance and loss of the vehicle. So if you are also planning to purchase Two Wheeler Insurance in 2025 then you can check this article which will help you to understand the need of the insurance for your vehicle, but are the basic covers provided by the companies, to vehicle insurance plans, how to claim the insurance covers etc.
Two Wheeler Insurance in 2025
Two wheeler insurance is mainly available into two categories including Third party Liability only insurance program and the comprehensive insurance program. While the third party liability only insurance will complete your legal documentations and will allow you to run your vehicle on the road, but will not cover damages on your vehicle and other major losses. On other hand, having comprehensive insurance will allow you to modify your insurance policy and you can add on multiple covers on your insurance plan including theft, fire, and natural disasters. So while selecting your insurance plan you should check either your opting the comprehensive insurance or third party liability only insurance program.
Need of the Two Wheeler Insurance in 2025
- It will legalise your ride on the road: As per the Motor vehicle act 1988, the owner of the vehicle is required to have insurance. Nowadays companies are directly providing insurance facilities to their customers while purchasing a new vehicle. So you are required to apply for at least third party Insurance to save yourself from being fined on road.
- Third party Insurance is mandatory: While most of the customers are purchasing insurance plans with a hope of getting financial assistance from the company during any loss of Damage in the vehicle, but in reality, you need to firstly ensure that if you made any loss for the third party, Then you need to pay the covers to recover their loss. So that Third party Insurance help customers to recover the damages of the Other vehicles which are damaged by the own vehicle of the owner, but will not ensure to cover own damages of the vehicle.
- Theft coverage: It is much easier to steal a two-wheeler than a four-wheeler. Every day there are reports of two wheeler thefts. In such case, if you have applied for theft coverage in your insurance then company will help you to replace your vehicle with a new two wheeler. However they will not pay the entire amount but will assist you to reduce the financial burden and will help you to purchase a new vehicle with a reduced amount.
- Cover for personal accident: while the vehicle insurance will help you recover your damages of the vehicle but will not recover your personal damages and loss if you have been accidented. But there are many insurance companies which are providing add on insurance covers of personal accident which will allow the rider to get financial assistance from the company for the medical care during the accident or any other emergency case.
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Factor affecting the Two Wheeler Insurance price in 2025
Third party Insurance are cheaper than Comprehensive insurance of the vehicle. So many of the two wheeler owners are going to the first one. However there are many factors which are affecting the price of the insurance and will allow you do apply in comprehensive insurance with minimum investment if you opt insurance covers wisely.
- Age of the vehicle: Insurance companies are charging higher premiums for older vehicles, because older vehicles have higher chances to being stopped. Apart from this if you are using the new vehicle which is older than 1 year then you will get a good insurance with minimum premiums.
- Age of the driver: The plan for age of the driver is completely opposite from the concept of the age of the vehicle. It is considered that a person who is new in driving will get higher possibilities for being accidented, Apart from this a person who is driving for many years have a sufficient experience and companies will allow them a minimum premium due to their minimum risk of the accidents.
- No claim bonus: Companies are providing no claim bonus to those individuals who are renewing their insurance plan for two vehicles. They are getting a 20% to 30% discount on the insurance. So if you are renewing your insurance then can use your NCB which will reduce your premium of the insurance.
- Location of the rider: Cities and urban areas are highly populated and most of the families in this locations are using two vehicles. So there are higher possibilities of accidents in these cities as compared to the rural areas or village. So if you are living in a village or a small town then company will ask you to pay minimum premiums as compared to the riders in urban areas.
There are many companies which are offering Two Wheeler Insurance in 2025, you can search their details online and can apply by observing their offers and claims which are covering by the company.
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