2. Take quotes from different providers and compare the following features:
•Premium: Premium is a fixed amount which every insurance holder must pay annually to enjoy the benefits of an insurance policy.
•Cover: Cover is the actual sum of money which an insurance company agrees to pay in case of damage or loss of your two-wheeler.
•Exclusion: The term ‘exclusion’ means something that is not covered in your insurance policy. If a particular spare part of your two-wheeler has been damaged due to wear and tear of your vehicle, it is excluded from the cover.
•Claim: When you are covered under an insurance policy, you are entitled to get the claim for the damage. The term ‘claim’ means the situation where a person actually applies for the sum against the damages caused.
3. Decide on a brand suitable for your need
4. Complete the transaction on your desktop or mobile and generate an instant insurance policy online
For a deeper understanding, read more articles on two wheeler insurance
